Industry News

University of York Secures 37,602 sq. ft. Ft. in Powai, Mumbai for ₹50 Crore Five-Year Lease 0
- Industry News
- January 23, 2026
The UK’s University of York has leased 37,602 sq. ft. at Powai’s One Boulevard for nearly ₹50 crore over five years. The lease includes 27 parking spaces, a 3-year lock-in, and a 5% annual rent escalation. This deal underscores robust demand from international tenants amid Mumbai’s 13% growth in office leasing in 2025.
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Commercial Towers to Rise on Former Parle-G Factory Land in Mumbai 0
- Industry News
- January 22, 2026
Parle Products is set to redevelop its historic Vile Parle factory site into a large commercial complex after receiving partial environmental clearance. The ₹3,961-crore project will replace ageing industrial structures with modern office and retail buildings, marking a major shift in land use at one of Mumbai’s most iconic manufacturing locations.
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EAAA India Alternatives Files ₹1,500 Crore IPO with SEBI 0
- Industry News
- January 22, 2026
EAAA India Alternatives, the alternative asset management arm of Edelweiss Financial Services, has filed a Draft Red Herring Prospectus with SEBI for a ₹1,500 crore IPO. The offer-for-sale will benefit promoters and investors, while the company continues to report strong growth, with assets under management of ₹ 65,503 crore and a 31% profit rise in FY25.
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IREP and India Accelerator Launch ₹100 Crore Managed Workspace Platform in NCR 0
- Industry News
- January 21, 2026
India Accelerator and International Real Estate Partners (IREP) have partnered to launch IREPworkspaces, a managed office platform in NCR, with a planned investment of ₹100 crore. Over 18 months, the venture aims to create nearly nine lakh sq ft across 12–15 centres, adding approximately 15,000 seats in prime commercial corridors.
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L&T Realty Bets Big on Grade A Offices with ₹448.6 Crore Land Buy in Mumbai 0
- Industry News
- January 21, 2026
L&T Realty has acquired a 1.34-acre land parcel in Mumbai’s Elphinstone Road for ₹448.6 crore to develop a premium Grade A office project. Located near Lower Parel, the development will feature modern amenities and target top corporates, highlighting sustained confidence in India’s commercial office and flex-ready workspace market.
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WeWork Noida Commissions Advanced STP to Deepen Sustainability Push 0
- Industry News
- January 21, 2026
WeWork has commissioned a state-of-the-art sewage treatment plant at its Noida facility to enhance sustainable operations. The system enables efficient wastewater treatment and reuse, reduces freshwater consumption, supports ESG goals, and meets regulatory norms, setting a benchmark for eco-conscious infrastructure in India’s growing flexible workspace sector.
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