Top Malls in India Revealed

GeoIQ has published its report on the top 25 malls in India by footfall for the first quarter of FY 24-25. The leading malls include Vegas Mall in Delhi, V3S East Centre Mall in Delhi, and Phoenix Marketcity in Greater Mumbai. The report provides detailed insights into daily visitor numbers, highlighting a decline in footfall during the early months due to rising temperatures.

TREVOC Group Launches Ultra-Luxury Residential Project in Gurugram, Targets INR 1000 Crore Revenue

TREVOC Group has launched its ultra-luxury residential project, TREVOC Royal Residences, in Gurugram’s Sector-56, with a projected revenue of INR 1000 crore. The 27-story development features 172 high-end apartments, a world-class clubhouse, and a Skydeck with panoramic views. This project continues TREVOC’s 75-year legacy of combining luxury, innovation, and sustainability in prime real estate locations.

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