SquareFeatIndia

2111 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.
Microsoft land acquisition Pune September 2024

Microsoft Buys 2nd Land Parcel for Rs 453 Crore in Pune

Microsoft has strengthened its presence in India by acquiring a 66,450 square meter land parcel in Pune’s Hinjewadi area for Rs. 453 crore. This marks Microsoft’s second major land purchase in Pune within the past month. The investment supports the company’s strategy to expand its commercial real estate and data center operations in India. Microsoft’s recent acquisitions align with its broader goal of increasing its footprint in the Indian market, following similar deals in Pimpri-Chinchwad and Hyderabad. Additionally, Microsoft’s ADVANTA(I)GE INDIA initiative aims to train 2 million people in AI and digital skills by 2025.

Puravankara Expands Redevelopment Portfolio with High-Profile Projects in Mumbai

Puravankara Limited has significantly expanded its redevelopment portfolio with two major projects. In Mumbai, the company has acquired redevelopment rights for the prestigious Miami Apartments in Breach Candy, marking its entry into the high-end South Mumbai market. Additionally, Puravankara is extending its presence in Lokhandwala, Andheri West, with new redevelopment projects. In Bengaluru, a Joint Development Agreement has been signed for a 1.95-acre land parcel in Electronics City, further bolstering Puravankara’s footprint in key real estate markets.

Sumadhura Group Leases 1.8 Lakh Sq. Ft to Nippon Express at Bengaluru’s Largest Grade A Logistics Park

Sumadhura Group has leased 1.8 lakh square feet of warehousing space to NX Logistics India (Nippon Express) at Bengaluru’s Sumadhura Logistics Park, the largest

Enhanced: Livelihoods of 700 Construction Worker Families

Labourhome has significantly contributed to the construction of Ola Electric’s largest two-wheeler factory in Asia, enhancing the livelihoods of 700 construction worker families. By deploying over 700 workers and providing extensive support, Labourhome played a key role in the project’s success and timely completion, demonstrating its commitment to improving worker welfare and managing large-scale workforce deployments effectively.
Pune Rental Market

Pune’s Qubit Launches Navigo, Achieves $1.2 Million Revenue in Just 9 Months

Pune-based Qubit has launched Navigo, a revolutionary 3D visualization and real-time analytics tool for the real estate sector. In just nine months, Navigo has achieved $1.2 million in revenue, transforming real estate presentations with immersive 3D models and interactive features. The company is poised for significant growth, projecting sales of ₹5,000 crore for the upcoming year and expanding its reach to international markets, particularly the Middle East.