Logicap and Mitsubishi Estate Form Joint Venture for Industrial and Logistics Development in India

Logicap Management and Mitsubishi Estate have announced a joint venture to develop industrial and logistics facilities across India, starting with two projects in Gurgaon. This collaboration aims to address the increasing demand for modern infrastructure and support various industries, including e-commerce and manufacturing.

CII IGBC and CREDAI Sign MoU to Promote Green Building Practices in India

CII IGBC and CREDAI have signed a Memorandum of Understanding to promote green building practices in India. This partnership aims to encourage real estate developers to adopt sustainable technologies and work towards net zero building standards.

Indoor Amusement Centers in India to Expand by 67% by 2028

A new JLL report forecasts a 67% increase in India’s Indoor Amusement Center (IAC) space by 2028, expanding to 11 million square feet. The growth, driven by rising consumer demand and shifting retail trends, highlights the expanding role of IACs in transforming shopping malls into entertainment hubs. The report notes significant leasing activity in major cities and emerging markets, reflecting a broader trend towards immersive and diverse retail experiences.

For the First Time India Achieved Top 10 Global Rank for Real Estate Transparency

India has made history by entering the top 10 in JLL’s Global Real Estate Transparency Index (GRETI) 2024. This achievement reflects the country’s progress in financial regulation, climate risk disclosure, and streamlined building regulations. Despite notable improvements, India faces challenges in dispute resolution and data access.

Housing Crisis in India: Over 1,600 Projects Stalled Affecting 5 Lakh Families

Stalled Projects Impacting Housing Dreams Nationwide In a troubling development for the…