India’s Flexible Workspace Sector Hits Record 12.4 Million Sq. Ft. Leasing in 2024

India’s flexible workspace sector achieved a record gross leasing volume of 12.4 million sq. ft. in 2024, marking a 57.5% year-on-year growth. Bengaluru led with the highest leasing volume, while Mumbai saw a threefold increase. The demand surge is driven by evolving business needs, hybrid work models, and rising enterprise adoption of managed office solutions.

UC Punawale Skyscrapers LLP Acquires Land in Punawale, Pimpri-Chinchwad for ₹129 Crore

UC Punawale Skyscrapers LLP has acquired a land parcel in Punawale, Pimpri-Chinchwad, for ₹129 crore. The rapidly growing suburb is attracting homebuyers and investors due to its connectivity, affordability, and proximity to Hinjewadi IT Park.

FM Nirmala Sitharaman Hands Over Keys to Homebuyers as SWAMIH Fund Completes 50,000 Homes

Finance Minister Nirmala Sitharaman handed over keys to homebuyers in Mumbai as the SWAMIH Fund reached a major milestone of completing 50,000 homes. The initiative, aimed at reviving stalled residential projects, has provided long-awaited relief to thousands of families, reinforcing the government’s commitment to stabilizing the real estate sector and boosting economic recovery.

Business Confidence Rises as Demand Grows and Interest Rates Decline: Colliers APAC Cap Rate Report Q4 2024

Colliers’ Q4 2024 APAC Cap Rates report highlights rising business confidence, strong commercial uptake in Mumbai and Bengaluru, and stable capital rates despite increased supply.

Bollywood Actress Amrita Singh Buys ₹18 Crore Apartment in Juhu

Bollywood actress Amrita Singh has purchased a luxury apartment in Juhu for Rs. 18 crore. The property, located in Peninsula building, spans 2,712.9 sq. ft. and includes three parking spaces.