DOWNLOAD IPFS Finance Minister Nirmala Sitharaman has projected that Global Capability Centers (GCCs) could contribute as much as $200 billion to India’s economy by 2030. Speaking at the CII Global Capability Centers Summit, Sitharaman emphasized the role of GCCs in boosting employment and innovation across the country. Currently, India hosts[Read More…]

DOWNLOAD IPFS India’s net annual office leasing is expected to reach an all-time high of 50 million square feet by FY2026–27, according to a new report from Crisil Ratings. The surge will be fueled primarily by rising demand from Global Capability Centers (GCCs) and domestic tech firms. This projected growth[Read More…]

DOWNLOAD IPFS India’s real estate market saw 45 major deals worth a combined USD 2.5 billion during the first half of 2025, according to Grant Thornton Bharat data. Although the total count of transactions edged up from 40 in the same period last year, deal value dipped approximately 8 percent from USD 2.7 billion.[Read More…]

DOWNLOAD IPFS Thane is rapidly emerging as a preferred real estate destination for homebuyers priced out of Mumbai, driven by significantly lower housing costs and expanding infrastructure. Industry data and expert insights suggest the region is capturing a growing share of the Mumbai Metropolitan Region’s (MMR) residential market. According to[Read More…]

DOWNLOAD IPFS Embassy Office Parks Real Estate Investment Trust (REIT), India’s first publicly listed REIT, has announced plans to raise up to $2 billion (approximately ₹16,600 crore) through a dollar bond sale as part of its broader strategy to expand and refinance its commercial property portfolio. The proposed fundraising was[Read More…]

DOWNLOAD IPFS Bollywood actor Salman Khan has sold his residential apartment in Mumbai’s Bandra West for ₹5 crore, according to a report by the Indian Express. The actor had been renting out the property since 2020 and earned over ₹56 lakh in rental income before the sale. The 1,265-square-foot apartment[Read More…]

DOWNLOAD IPFS The Delhi Development Authority (DDA) is set to roll out its Premium Housing Scheme 2025 this August, offering close to 250 high-end flats and garages in some of the capital’s key residential locations, according to a report by Hindustan Times. The housing units under this scheme are primarily[Read More…]

DOWNLOAD IPFS In a significant development in India’s real estate and insolvency landscape, Oberoi Realty has successfully acquired Hotel Horizon in Mumbai’s Santacruz area for ₹919 crore (approximately $110 million). The acquisition was approved by the National Company Law Tribunal (NCLT) as part of an insolvency resolution process, marking a[Read More…]