Smartworks takes over 6 lakh sq ft office space on lease in Mumbai, Pune, Hyderabad
Co-working player Smartworks has taken a total of over 6 lakh sq ft of office space on lease in Mumbai, Pune and Hyderabad to set up new...
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MindCept
Aug 13, 20201 min read
Amazon leases 2.8 million square feet office space in Bengaluru, Chennai and Mumbai
Amazon has leased about 2.8 million square feet of space in Bengaluru, Chennai and Mumbai to expand its offices in India as online...
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MindCept
Aug 12, 20202 min read
In-city warehousing demand may rise as e-commerce firms target same-day delivery
The demand for small warehouses within city limits is expected to rise over the next one year as e-commerce firms are targeting to ensure...
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MindCept
Aug 10, 20203 min read
Mindspace Business Parks REIT listing affirms appetite for more launches in the Indian market
Mindspace Business Parks REIT, with an issue size of Rs 4500 crore, made its market debut on August 7, with a premium of nearly 11 per...
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MindCept
Aug 10, 20202 min read
Blackstone set to acquire Prestige Group's assets for Rs 12,745 crore
US private equity giant Blackstone Group is set to acquire property developer Prestige Group’s rental income assets for more than $1.7...
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MindCept
Aug 8, 20201 min read
Top 8 Indian cities to add 10 million sq ft data centre space in next 2-3 years: Report
Top 8 Indian cities are expected to add around 10 million sq ft data center space in the next 2-3 years aided by data localization norms...
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MindCept
Aug 8, 20205 min read
India on the cusp of a logistics revolution: Alain Spohr of Alstom India
Braving the Covid-19 situation, global major Alstom has delivered 24 electric locomotives to the Indian Railways in the last two months...
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MindCept
Aug 8, 20201 min read
Govt wants manufacturers to make lithium ion batteries in India
There is a need to reduce dependence on the import of lithium ion batteries according to road transport and highways minister Shri Nitin...
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MindCept
Aug 8, 20201 min read
Nomura Investment, Capital Income Builder acquire 1.9% stake in Mindspace REIT
Nomura Investment on August 7 acquired 62,63,200 units in Mindspace Business Parks REIT at Rs 302.45 per unit via open market...
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MindCept
Aug 7, 20204 min read
Real estate sector hopes for a quick turnaround by next fiscal
The prolonged lockdown and mass shift towards remote working by corporates and scores of companies had resulted in a dip in demand for...
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MindCept
Aug 7, 20203 min read
Where is India’s economic growth coming from? It’s ‘Bharat’ that’s leading recovery amid pandemic
Eyes are glued on activity trackers like smartphone ownership, mobility data and commercial real estate demand, as India keeps a tight...
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MindCept
Aug 5, 20202 min read
Apple’s partners and Samsung apply for India’s $6.6 billion local smartphone production program
South Korean giant Samsung, Apple’s contract manufacturing partners Foxconn, Wistron and Pegatron, and Indian smartphone vendors...
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MindCept
Aug 5, 20202 min read
Standard Chartered Bank's subsidiary leases one million sq ft in Chennai
Standard Chartered Bank’s wholly-owned subsidiary Standard Chartered Global Business Services (GBS) has entered into an agreement to pick...
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MindCept
Aug 4, 20202 min read
Warehousing firms see Covid impact ‘temporary’; expects growth back in short-to-medium term
Private equity (PE) investments in India’s warehousing & logistics segment almost dried up during January-May 2020 to a mere $57 million...
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MindCept
Aug 4, 20201 min read
Facebook leases 7.3 lakh sq ft space at Farley Building in New York
Facebook has leased all the office space at the landmark Farley Building, a 1912 Beaux Arts former post office in Manhattan, in a deal...
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Aug 2, 20202 min read
BMC plans aerial surveys to map illegal structures in Mumbai
The BMC issued an expression of interest on Friday to conduct aerial surveys of Mumbai to identify illegal structures in the city. The...
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Aug 2, 20202 min read
Contractors make hay as labour shortage hits construction sector in Karnataka
Nearly four months after the farm and construction labourers from Mysuru and surrounding districts of the Southern Karnataka returned...
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Aug 2, 20202 min read
YEIDA to get Rs 4,000 crore loan for acquiring land, infrastructure projects
The state-owned Housing and Urban Development Corporation (HUDCO) on Wednesday signed a memorandum of understanding (MOU) with the Yamuna...
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Aug 1, 20203 min read
Housing Minister launches online platforms to market real estate projects
Housing and Urban Affairs Minister Hardeep Singh Puri, on July 31, launched the online platforms of the two developers’ bodies CREDAI and...
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MindCept
Jul 31, 20202 min read
Mindspace Business Parks REIT IPO subscribed 13 times on final day
The Rs 4,500-crore IPO of Mindspace Business Parks REIT has been received very well by investors as the bidding ended July 29. The public...
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