Page 9 - Prachi Pisal

Maharashtra invites realty firms to develop 13K acres of MSRTC land

Maharashtra will lease 13,000 acres of MSRTC land in key cities for residential and commercial projects under the build-operate-transfer model to boost revenue and modernise facilities

Afcons inducts Firoz Mistry, Santosh Nayar as new members on its board

Afcons Infrastructure has appointed Firoz Cyrus Mistry as non-executive director and Santosh Balachandran Nayar as independent director, effective Thursday

NCW Prime Offices Fund buys Chennai office campus from Keppel for ₹2,550 cr

The acquisition highlights Chennai as a destination that is now attracting occupier interest

IndoSpace to invest $57 mn to develop 66-acre logistics park in Bhiwandi

IndoSpace will invest $57 million in a new 66-acre logistics park in Bhiwandi with 1.7 msf potential, expanding warehousing capacity in Maharashtra's logistics hub

CapitaLand India Trust unlocks ₹1,103 cr via divestment of IT park assets

CapitaLand India Trust will divest CyberVale in Chennai and CyberPearl in Hyderabad for Rs 1,103 crore at a 3% premium to valuation, its first exit since 2007 listing

Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report

Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand

Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade

Investcorp has divested a 6.8 per cent stake in NDR InvIT through a Rs 305 crore block deal, the largest secondary stake sale in the warehousing InvIT sector

Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR

Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand

Cement sector operating profit to rise 12-18% in FY26, says Icra

Icra expects cement companies' FY26 operating profit to reach Rs 900-950 per tonne, with healthy demand, better realisations and GST cuts driving growth despite global crude risks

Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi

Zomato Hyperpure is a business-to-business (B2B) platform providing kitchen solutions, set up by the restaurant aggregator Zomato

Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform

The fund will particularly focus on redevelopment projects, with Supreme being an execution partner

Warehousing companies torn between rising demand and flat rentals

Despite strong demand from e-commerce and 3PLs, rising land and construction costs are squeezing margins, pushing developers to seek private equity, Reits, and InvITs

CBI chargesheet on Anil Ambani has no business impact: R-Infra and R-Power

Reliance Infrastructure and Reliance Power said CBI's chargesheet against Anil Ambani in connection with alleged loan fraud has no effect on their governance, stability, or daily operations

BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh

BNP Paribas has leased 1.45 lakh sq ft at Hiranandani Centaurus in Thane West for Rs 94.95 lakh monthly rent as BFSI sector demand drives office leasing growth in India

FIR filed against ex-Lodha Developers director over land irregularities

Mumbai Police has filed an FIR against former Lodha Developers director Rajendra Lodha, his son Sahil Lodha and others over alleged land deal irregularities causing Rs 85 crore loss

House of Abhinandan Lodha eyes ₹10,000 cr sales by FY30: Company chief

No other real estate asset classes can give the return that land gives if one buys it in the right location and from the right developer, says Lodha

NHAI may raise up to ₹35K cr-40K cr in FY26 via TOT, Invit: Icra

Icra projects NHAI could raise Rs 35,000-40,000 crore in FY26 via TOT and InvIT asset monetisation, exceeding the Rs 30,000 crore target and adding to its Rs 92,633 crore raised till FY25

JSW Group spreads wings across energy, cement, ports, paints and EVs

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth

India's luxury housing boom fuels demand for premium home products

Premium brands across kitchenware, bath fittings, tiles, furniture, and interiors are experiencing a surge in demand as affluent buyers increasingly splurge on upscale residences

Mahindra Lifespaces to redevelop Chembur societies worth ₹1,700 crore

Mahindra Lifespaces to redevelop two housing societies in Chembur with Rs 1,700 crore potential, strengthening its Mumbai redevelopment pipeline