EY GDS Opens First Coimbatore Office, Expands Presence in Tamil Nadu

EY Global Delivery Services (GDS) has launched its first office in Coimbatore at the KCT Tech Park, strengthening its presence in Tamil Nadu. The new facility focuses on technology and innovation, with expertise in AI, cloud services, and cybersecurity, contributing to employment and digital transformation in the region.

Kandivali Resident’s 20-Year-Old MHADA Case Resolved

MHADA resolved a 20-year-old pending flat regularization case in Kandivali during its ninth Lokshahi Din, along with addressing multiple long-standing grievances. Vice President and CEO Sanjeev Jaiswal issued immediate directives, ensuring swift resolutions for applicants, reinforcing MHADA’s commitment to transparent and efficient governance.

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.

Gauhar Khan Buys Three Apartments Worth ₹10.13 Crore in Mumbai’s Versova

Gauhar Khan has purchased three apartments worth ₹10.13 crore in Versova, Mumbai, with two jointly owned with her husband, Zaid Darbar. The properties are located in Shiv Kutir Co-operative Housing Society, and the transactions were registered in February 2025.

India’s Office Market Poised for Strong Growth in 2025, Led by Engineering, BFSI, and Flex Spaces

Office leasing in India is projected to reach 65-70 million sq ft in 2025, led by engineering, BFSI, and flex spaces. Bengaluru will remain the top market, with over 20 million sq ft of demand, followed by Hyderabad and Delhi-NCR at 10-15 million sq ft each. The expansion of Global Capability Centers (GCCs) and a shift towards sustainable office spaces will further drive growth.