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4 stories from 2 sources

Tuesday, August 25, 2026

Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.

Other Developments

A curated list of other prominent stories from this day.

7:41 AMEconomic Times

House of Abhinandan Lodha ties up with NITCO for Alibag project, to invest Rs 1,000 cr

Summary

House of Abhinandan Lodha will invest Rs 1,000 crore in an Alibag development featuring apartments, townhouses and a luxury hotel. The project is its second in the area, while NITCO has received a Rs 9 crore deposit from its partner.

The investment expands House of Abhinandan Lodha's Alibag exposure beyond a single project and adds

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Why it matters

The project signals deeper institutionalization of Alibag as a premium second-home and hospitality market.

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7:40 AMEconomic Times

Puravankara Ltd expects Rs 1,100 cr revenue from 8-acre housing project in Bengaluru

Summary

Puravankara has signed a Joint Development Agreement for a 7.83-acre Bengaluru site, with about 0.89 million square feet of saleable area planned. The housing project is expected to generate Rs 1,100 crore in revenue.

The agreement adds a sizeable Bengaluru project without requiring Puravankara to acquire the land outright,

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Why it matters

The project strengthens Puravankara's Bengaluru pipeline and shows how developers are using joint ventures to scale supply.

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2 stories · 2 sources

7:38 AMEconomic Times

Inorbit Malls completes acquisition of 2 malls for Rs 1242.5 cr

Summary

Inorbit Malls has acquired two malls from Prozone Realty for Rs 1,242.5 crore, adding properties in Chhatrapati Sambhaji Nagar and Coimbatore. The transaction lifts its portfolio to eight malls and expands total leasing area beyond five million square feet.

The acquisition doubles Inorbit Malls' asset count within a year and materially increases its operating

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Why it matters

The deal accelerates consolidation in Indian retail real estate and gives Inorbit greater negotiating power with tenants and investors.

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