SquareFeatIndia

2112 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 Invests ₹520 Crore in Prime Pune Land Parcel

Microsoft has acquired a 16.4-acre land parcel in Pune’s Hinjewadi for ₹519.72 crore, marking a significant investment in India’s commercial real estate sector. This purchase, registered in August 2024, is part of Microsoft’s broader strategy to enhance its data center operations and infrastructure across key Indian IT hubs, following similar investments in Pimpri-Chinchwad and Hyderabad.
Flex Office spaces

Flex Spaces to Play Major Role in Office Expansion, Survey Reveals

A recent survey by Colliers India reveals that over 80% of office occupiers intend to increase their use of flex spaces in the next 3-5 years. This shift highlights a growing preference for flexible work environments and strategic locations in major cities, with large corporates increasingly adopting flex spaces for core business operations.
Government's intervention to cut import duties on steel, cement will spur realty demand

IndiaMART Report Reveals Strong Cement Industry Growth and Buyer Trends

IndiaMART’s inaugural cement industry report, “Cementing Growth,” showcases the sector’s robust growth with 15.5 million enquiries from 2019-2023. It outlines future projections, government initiatives, and highlights from key states, reflecting the significant role of cement in India’s economy.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

CTIL Acquires 10 Acres of Prime Land in Worli, Mumbai for Rs. 1100 Cr

CTIL has acquired 10 acres of prime leasehold land in Worli, Mumbai, from Mr. Nusli Wadia for Rs. 1100 crore. The land, set to be developed by Birla Estates, significantly enhances CTIL’s real estate holdings, contributing an estimated Rs. 14,000 crore in booking value potential and expanding their contiguous land portfolio to 30 acres with a combined value of Rs. 28,000 crore.
Green buildings

India Reaffirms Commitment to Sustainable Development During World Green Building Week

India celebrates World Green Building Week 2024 with a renewed focus on sustainability through CII-IGBC’s initiatives. The campaign, #BuildingTheTransition, emphasizes reducing energy use, transitioning to low-carbon electricity, and adapting infrastructure to climate change. Key activities include webinars, waste management sessions, and student chapter launches to promote sustainable building practices.