BUSINESS
Seaside leisure home developers scout coastal Maharashtra, Gujarat for destinations beyond Goa
Real estate observers say that with Goa facing a scarcity of land for construction and large projects driving up prices, other destinations need to be unlocked.
BUSINESS
Nuvama-Cushman fund buys out Keppel's Chennai office campus for Rs 2,550 crore
This is the second acquisition by the fund after it bought an office space in Delhi from Kotak Alts earlier this year for Rs 750 crore
BUSINESS
Former Lodha Developers director Rajendra Lodha's police custody extended to September 29
Lodha Developers accused in a FIR that Rajendra Lodha, along with his son and other associates, had defrauded the company of around Rs 85 crore through bogus land transactions, sale of company land at undervalued rates, and large-scale cash transactions
BUSINESS
Blackstone-backed Lumina buys 3.8 acre Mumbai land for Rs 475 cr to expand data centre play
The deals underscore moves by major data centre players, including hyperscalers and data co-location operators, to ramp up data centre capacity especially in the Mumbai metropolitan region, the largest data centre market in India
STARTUP
Quick commerce firms struggle to secure prime dark store locations in metros, face worker crunch
With most prime catchments in metros already taken, quick commerce firms are contending with soaring vacancy rates and high churn at dark stores, even as new vertical players crowd into the market.
BUSINESS
Abhinandan Lodha plans to 'cut flab', integrate technology in affordable housing push
Abhinandan Lodha-led Growth Housing has launched its first project at Naigaon, with prices starting at around Rs 33 lakh for a one-bedroom apartment. The company said that it has identified around seven new locations for affordable housing projects
BUSINESS
SEBI rents Prabhadevi apartment for chairman Tuhin Kanta Pandey
Lease accommodation for Chairman in accordance with board-approved policy:SEBI
BUSINESS
Gourmet over grocery: India's largest mall operator is asking hypermarkets to scale down as quick commerce bites
The space vacated by large hypermarkets is being taken over by premium gourmet grocery outlets. Nexus also plans to ask multiplexes to reduce their presence in malls, Pratik Dantara, head of strategy and chief investor relations officer, says
BUSINESS
Mumbai: Reserve Bank of India inks major Nariman Point land deal for Rs 3,472 crore
This purchase, according to property experts, is one of the largest in the history of Mumbai, at a price of more than Rs 800 crore per acre
BUSINESS
Mumbai’s housing society redevelopment on 'sticky wicket' over ‘huge’ incentives, warns Knight Frank’s Gulam Zia
The redevelopment segment is on an upturn due to large number of deals being negotiated, but the overall situation remains uncertain, Knight Frank India said, adding that the trend of excessive incentives can render projects unviable.
BUSINESS
Explained: Why developers and housing societies impose excessive transfer charges
While developers are not allowed to impose such charges once a project receives its occupation certificate and once the housing society is formed, investors and sellers said that such charges are commonplace, including from the housing society management committee
BUSINESS
Five years since listing, Mindspace REIT looks to cash in on leasing growth, new developments
Since listing, the REIT's unit prices have risen steadily, increasing by around 39 percent over five years, although vastly trailing the benchmark Nifty 50 index over the same time, which more than doubled
BUSINESS
'Big bang' reforms needed to push demand, private capex; GST cuts not enough: Jamshyd Godrej
The Godrej Enterprises group chairman and MD said that several avenues exist to reform ease of doing business and deregulation
BUSINESS
GST rate overhaul may put India Inc’s systems, supply chains to the test
Current changes are more nuanced the same would require a fair bit of updating of invoicing, accounting, and ERP systems, say experts.
BUSINESS
GST 2.0: Cement makers will have to balance price cuts with healthy margins
The GST council has slashed the rate on cement from 28% to 18%. After a dull FY25, cement manufacturers were hoping to raise prices this fiscal, counting in on higher demand from real estate and infrastructure segments
BUSINESS
Cement GST rate cut expected to spur festive season demand, cut construction costs
The GST Council cut the goods and services tax rate on cement to 18 percent from 28 percent
BUSINESS
Kartik Aaryan buys Rs 2-crore plot in in Alibaug
Kartik Aaryan is the latest celebrity to buy a plot of land in House of Abhinandan Lodha's at Chateau de Alibaug project
BUSINESS
Amid Trump's tariffs, Apple expands Hyderabad hub by 64,000 sq ft for a monthly rent of Rs 80 lakh
The Hyderabad office is a major development hub for Apple Maps, with a focus on geospatial technology and data modeling. The office was officially opened in May 2016 by Apple CEO Tim Cook.
BUSINESS
Despite import drop amid safeguard duty support, steel prices lower than last year
The data showed that while prices in April were largely flat year-on-year, prices declined in June and July, by around 5 percent each over the same period.
BUSINESS
The aspiration is to build an institution that survives beyond me: Abhinandan Lodha
Beyond land, Abhinandan Lodha, through his firm Abhinandan Ventures, is expanding aggressively into vertical housing, boutique hospitality under the Miros brand and education through Rise, while also backing consumer-first businesses via its family-office funded platform Tomorrow Capital.
BUSINESS
Anand Rathi co-founder Pradeep Gupta, wife Priti buy Rs 140-crore apartment in Mumbai's Worli
The apartment is on the 40th floor of the Lodha Sea Face development and has a net area of 10,539 square feet
BUSINESS
Indiqube bets on Indian corporates, GCCs to drive leasing demand, says CEO
Indiqube has signed leasing deals with six Tata group entities, including the group's super-app Tata Neu, as well as Air India. Besides, Indiqube also plays host to companies such as Mahindra Logistics, Aditya Birla Group's UltraTech Cement and the TVS group
BUSINESS
UltraTech Cement to meet 200 MTPA capacity target in FY26, a year ahead of schedule: Kumar Mangalam Birla
In FY25, India's largest cement maker added 42.6 MTPA in capacity, with a large part through acquisitions such as India Cements and Kesoram Industries' cement operations
BUSINESS
Explained: How a Supreme Court judgment unlocks nearly 500 real estate projects across Mumbai and Pune
The Supreme Court last week held that the State Environment Impact Assessment Authority and the advisory body State Expert Appraisal Committee will remain the "competent authorities" to seek environmental clearance for Category B projects in the EIA notification of 2006.
