4 stories from 2 sources
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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.
7:41 AMEconomic Times
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.
7:40 AMEconomic Times
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.
7:38 AMEconomic TimesSummary
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
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The project signals deeper institutionalization of Alibag as a premium second-home and hospitality market.
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,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The project strengthens Puravankara's Bengaluru pipeline and shows how developers are using joint ventures to scale supply.
2 stories · 2 sources
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
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy 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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