Retail Mall Operators’ Rental Income to See Robust Growth by FY2026

India’s retail mall operators are projected to achieve 8-9% rental income growth by FY2026, supported by robust trading values, stable occupancy, and festive-driven consumption recovery. Meanwhile, office vacancies in key markets are expected to hit multi-year lows, driven by strong demand from global firms and domestic corporates, as per ICRA’s latest report.

MHADA Konkan Board to Conduct Lottery for 2,147 Flats, 110 Plots on February 5

The MHADA Konkan Board is set to hold a computerized lottery on February 5, 2025, for the sale of 2,147 flats and 110 plots across Thane, Raigad, and Sindhudurg. With over 24,900 applications submitted, the lottery reflects MHADA’s commitment to transparent and efficient housing allocation in Maharashtra.

Last Chance to Apply for CIDCO’s ‘My Preferred CIDCO Home’ Mass Housing Scheme by 31st January 2025

CIDCO has announced 31st January 2025 as the final date for online registration and selection of 26,000 affordable homes under its ‘My Preferred CIDCO Home’ Mass Housing Scheme. Spanning prime locations across Navi Mumbai, this scheme caters to EWS and LIG categories under PMAY. Register now to secure your dream home!

Akshay Kumar Sells Mumbai Apartment for Rs. 4.25 Crore in 2025, Bought at Rs. 2.38 Crore in 2017 – A 78% Appreciation

Bollywood superstar Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.25 crore, reflecting a 78% appreciation since its purchase in 2017. The property, located in the premium Oberoi Sky City project, highlights the robust demand for luxury residential spaces in Mumbai’s real estate market.

India’s Data Centre Market Set for Exponential Growth: 10 Key Trends to Watch in 2025

India’s data centre market is poised for exponential growth, with capacity expected to reach 2 GW by 2026. Key trends include large-scale hyperscale projects, AI-driven demand, sustainable cooling solutions, and a focus on green data centres. Tier II cities are also emerging as hotspots for edge facilities, aligning with the nation’s rapid digitalisation and cloud adoption.