SquareFeatIndia

3677 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
MHADA

MHADA Reclaims Eight Acres of Encroached Land in Juhu-Andheri

MHADA has reclaimed eight acres of encroached land in Juhu-Andheri following a Bombay High Court order. Unauthorized structures were cleared after the court denied a stay on their removal. The land, originally part of a slum rehabilitation project, was found ineligible for redevelopment. Despite ongoing litigation, illegal sheds were erected, prompting MHADA to take action. The clearance drive was carried out under official directives to enforce land reclamation and urban planning regulations.
Logistics

Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution

India’s warehousing sector is witnessing rapid growth, with Tier II-III cities contributing 100 million sq. ft. in 2024. This expansion, driven by e-commerce demand and infrastructure development, is reshaping India’s logistics landscape. Government initiatives and the hub-and-spoke model are enhancing last-mile delivery capabilities, creating new investment opportunities in the sector.
new office supply

Colliers India Facilitates 68,021 Sq. Ft. Office Deal for Protean eGov Technologies in Mumbai

Colliers India has executed a major 68,021 sq. ft. office transaction for Protean eGov Technologies Ltd. at One International Center, Lower Parel. This strategic move aligns with Protean’s mission to drive digital transformation, with Colliers also leading the office design to create a collaborative and innovative workspace.
India’s listed REITs paid over ₹2,450 crore to 3.8 lakh investors in Q3 FY26, managing 185 million sq ft of premium real estate and cementing their role as a stable income investment option.

QIP Fundraising Reaches Record High in 2024, Real Estate Leads with INR 22,320 Cr

India’s QIP fundraising surged to an all-time high in 2024, raising INR 1,41,482 crore across sectors. The real estate sector emerged as the leader, attracting INR 22,320 crore in funding despite market volatility. Experts cite strong institutional confidence as a key driver behind the sector’s robust performance.

Google India and Google Cloud Renew Office Leases in Mumbai’s BKC at a Combined ₹4.79 Crore Per Month

Google India and Google Cloud have renewed their office leases at the First International Financial Center (FIFC) in Mumbai’s BKC. Google India will pay ₹3.55 crore per month for 1,10,980 sq. ft., while Google Cloud’s lease for 38,678 sq. ft. is set at ₹1.24 crore per month. Both leases, registered in February 2025, include a five-year term with a 15% rent escalation clause after 36 months.