Page 4 - Prachi Pisal

TIAA Global Capabilities leases 2.56 lakh sq ft in Pune for ₹320 crore

The company has leased the office space at Panchshil Vantage in Wagholi for 10 years at ₹92 per sq ft per month, with a 15 per cent escalation every three years

JNPA rises seven spots to rank 21st among top global container ports

JNPA climbed from 28th position in 2025 to 21st in H1 2026 as operational efficiency, cargo evacuation, vessel handling and multimodal connectivity improved

DHL Express India kicks off indexed levy to offset rupee volatility

'Pricing usually factors in 2-3% rupee decline vs euro, dollar'

Premiumisation to drive 8-11% growth in home sales value in FY27: Icra

Sales value across the top seven cities is expected to reach ₹7.9 trillion in FY27 even as area sold grows only 2-5 per cent, as buyers shift towards premium homes

Dilip Buildcon weighs InvIT route to monetise power transmission, RE assets

Infrastructure developer may create a separate energy InvIT or place power assets under Anantam Highways as it seeks predictable, long-term cash flows through monetisation

How private participation boosted India's infrastructure build-out

Three decades after liberalisation, private capital, PPPs and policy reforms have transformed India's infrastructure landscape, powering connectivity, logistics and large-scale investment

Gulf turmoil sends NRI homebuyers back to India amid luxury housing demand

Amid Gulf turmoil, NRIs are showing renewed interest in India's premium housing market, with developers reporting stronger demand for luxury homes in key cities

Puravankara signs JDA for Bengaluru project with ₹1,100 crore GDV

The 7.83-acre project near Electronic City will have about 0.89 million sq ft of saleable area and is Puravankara's fifth Bengaluru land transaction in FY27

HoABL, Nitco tie up for ₹4,500 crore Alibaug real estate project

The 40-acre development will comprise apartments, townhouses and a boutique luxury hotel, with HoABL expected to invest around ₹1,000 crore

SBI acquires Pune property for ₹414 crore for Maharashtra Circle office

The acquisition at Kharadi Knowledge Park includes leasehold rights to an 8,581-square-metre land parcel, ownership of a 15-storey building and 200 parking spaces

AI lifts demand for flexible office spaces as firms seek workplace agility

AI-led hiring and workforce uncertainty are boosting demand for flexible offices, as enterprises favour scalable workspaces and GCC expansion drives leasing activity

Bagmane Prime Office Reit aims to nearly double portfolio in 7-8 years

Bagmane Prime Office Reit plans to nearly double its portfolio in seven to eight years, backed by a 47.2-msf sponsor pipeline and strong GCC-led office demand.

Mahindra Lifespaces signs pact for housing society redevelopment in Chembur

The project covers 11,241.7 square metres across seven plots and involves redevelopment of nine existing buildings housing 133 members within 60 months

Kolte-Patil Developers appoints Hrishikesh Parandekar as new CEO

Parandekar joins from Alpha Alternatives and will spearhead the developer's next phase of growth, business expansion, operational excellence and institutional strengthening

Six listed Indian Reits distribute ₹3,136 crore to unitholders in Q1

The six listed Reits manage more than 214 million sq ft of Grade A office and retail space, with gross assets under management of over Rs 3.17 trillion in Q1 FY27

Real estate sales soften on fewer launches and high base in Q1FY27

Analysts, however, said the quarter's performance did not point to a structural weakening in housing demand, with customer response remaining healthy for projects launched during the quarter

Puravankara posts ₹29 crore profit in Q1FY27 as revenue jumps nearly 62%

Puravankara's revenue from operations rose 61.84 per cent Y-o-Y to Rs 848.72 crore, while its Ebitda margin expanded to 25 per cent from 15 per cent a year ago

Bagmane Prime Office Reit eyes nearly doubling portfolio over next 7-8 yrs

Blackstone-backed Reit sees growth supported by a 47.2 msf sponsor pipeline, low leverage and potential acquisitions across India's top six office markets

Aditya Birla Real Estate's Q1 loss widens to ₹39 cr as total expenses rise

The Mumbai-based developer's Q1 FY27 revenue rose 29.74% YoY to Rs 188.85 crore, while bookings fell 22.13% and collections increased 31% YoY to Rs 713 crore during the quarter

JSW Cement posts ₹161 crore Q1 profit as revenue rises nearly 22%

JSW Cement reported a net profit of Rs 160.64 crore in Q1 FY27 against a year-ago loss of Rs 1,356.17 crore, while revenue from operations rose 21.57 per cent YoY.