Motilal Oswal Alternates Closes ₹2,000 Cr Real Estate Fund, Achieves 65% Growth Over Previous Fund
Motilal Oswal Alternates has closed its ₹2,000 crore sixth real estate fund, IREF VI, marking a 65% growth over the last fund. With 75% already deployed and a 20.25% IRR on its first exit, the platform continues to lead in India’s real estate credit space.
Mumbai’s ₹10 Cr+ Luxury Homes Clock Record Sales of ₹14,750 Cr in H1 2025
Mumbai’s ₹10 crore+ luxury housing market hit a historic high in H1 2025, recording ₹14,750 crore in sales—its best half-year ever. A total of 1,335 units were sold in 12 months, with Worli, Bandra West, and Tardeo leading the charge.
India Leads the World: Home to Over 50% of Global Capability Centers
India has emerged as the undisputed global leader in the Global Capability Center (GCC) ecosystem, hosting over 1,700 centers — more than half of the world’s total. Major metros like Bengaluru, Hyderabad, and NCR lead the charge, while Tier-2 cities gain momentum, powered by policy support and rising infrastructure.
Willingdon View Building: Bombay High Court Orders Evacuation of Floors 17 to 34 Over Fire and OC Violations
In a major blow to residents of Willingdon View CHS in South Mumbai, the Bombay High Court has ordered the evacuation of floors 17 to 34 due to absence of Occupation Certificate and Fire NOC. The court slammed the illegal occupation as a threat to life and directed BMC to take legal action if residents fail to vacate within two weeks.