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Prestige Group to develop 27 msf office space in Bengaluru

The company plans to generate a rental income of Rs 800-1,200 crore just from Bengaluru within five years. The idea is to develop about 40 msf of office space, across six cities, with an annual rental yield of Rs 3,000 crore within five years, says CEO Juggy Marwaha ....

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Tata Realty plans to develop 5 million sq ft office space in Bengaluru, to invest Rs 4,000 crore

Additionally, the company is planning to foray into Pune and Hyderabad for launches in the commercial segment. ....

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WeWork Short-Sellers Scoop up $440 Million Profit on 96% Stock Plunge

The abrupt departure of CEO Sandeep Mathrani on Wednesday has also weighed on WeWork's stock price, which fell a record 25% in one day. ....

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Foreign investments account for 81% of real-estate investments in 2017- 22: Report

The office sector saw the highest investments during 2017-22, accounting for about 45% of the total foreign inflows. The country s investor-friendly FDI policies, increased transparency, and higher investment limits through the direct route have attracted global investors, Colliers said. ....

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MAIA Estates to invest Rs 4,300 cr and develop 4.5 million sq. ft property in Bengaluru

Ruia said MAIA Estates has already raised over Rs 1,200 crore from investors, which will be deployed for the new developments. Remainder of the funds will come from sales to customers and construction finance on the residential side of business ....

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