Industry News

Kohinoor Group Elevates Prasanth Gopinath to Lead Commercial Growth, Targets 12 Million Sq. Ft. Portfolio by 2030 0
- Industry News
- June 24, 2026
Kohinoor Group has promoted Prasanth Gopinath as CEO and Executive Director of its Commercial Business Unit as it accelerates its expansion in Pune’s office market. The developer aims to develop, lease, and manage over 12 million sq. ft. of Grade A commercial real estate by 2030.
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DMart Strengthens Bengaluru Presence with ₹106 Crore Commercial Property Acquisition 0
- Industry News
- June 24, 2026
Avenue Supermarts, the operator of DMart, has acquired a 1.7 lakh sq. ft. commercial building in Bengaluru for ₹106.2 crore. Located in Panathur Village, East Bengaluru, the transaction includes multiple floors, basement parking, and terrace rights, highlighting growing corporate investment in premium commercial real estate assets.
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India’s Office REIT Market Set for Major Expansion as Penetration May Reach 30% by 2030 0
- Industry News
- June 24, 2026
Office REIT penetration in India is expected to rise from 19% to 30% by 2030, according to Colliers India. Strong leasing activity, growing institutional ownership, increasing retail investor participation, and a pipeline of 370 million sq. ft. of REIT-ready office stock are driving the next phase of growth.
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Tech Mahindra Commits ₹410 Crore to Hyderabad Expansion with 10-Year Office Lease at Aparna Technopolis 0
- Industry News
- June 24, 2026
Tech Mahindra has leased 3.97 lakh sq. ft. of office space at Aparna Technopolis in Hyderabad under a 10-year agreement valued at approximately ₹410 crore. The deal reflects strong occupier confidence in Hyderabad’s office market, which continues to witness rising leasing activity, rental growth, and expanding GCC presence.
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NBCC Closes ₹2,857 Crore Commercial Space Sale at Bharat Business Park in Landmark Delhi Deal 0
- Industry News
- June 22, 2026
NBCC India has successfully sold 7.08 lakh sq. ft. of commercial space at Bharat Business Park in New Delhi through an e-auction valued at ₹2,857 crore. The transaction highlights strong demand for premium commercial assets, supports NBCC’s asset monetisation strategy, and reinforces confidence in India’s evolving office real estate market.
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Cushman & Wakefield Names Gipson Paul as Hyderabad MD to Accelerate Growth in Key Office Market 0
- Industry News
- June 22, 2026
Cushman & Wakefield has appointed Gipson Paul as Managing Director, Hyderabad, to lead growth across service lines and strengthen client engagement in one of India’s fastest-growing commercial real estate markets. With 25 years of industry experience, Paul will help drive the firm’s expansion amid rising office, investor, and occupier activity.
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