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Industry News

India’s REIT Market Set for 30% Penetration in Office Sector by 2030 0
- Industry News
- August 29, 2025
India’s Real Estate Investment Trust (REIT) penetration in the office segment is projected to surge to 25–30% by 2030 from the current 16%, with 500 million sq ft of office assets considered REIT-worthy and significant opportunities in Secondary Business Districts (SBDs).
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Srijan Realty Unveils Westcom, a Next-Gen Business Hub in Kolkata 0
- Industry News
- August 26, 2025
Srijan Realty, one of Eastern India’s leading real estate developers, has announced the launch of Westcom, a modern residential complex strategically located in Taratala, Kolkata. Designed as a state-of-the-art business hub, Westcom features flexible office spaces, premium retail, and world-class amenities, presenting a prime opportunity for enterprises and investors seeking a future-ready environment within the city’s evolving business corridor.
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Supreme Court Rebukes NGO for Placing Fake MCA Letter, Dismisses Smartworks IPO Appeal 0
- Industry News
- August 26, 2025
The Supreme Court of India has dismissed an appeal filed by the New Delhi–based NGO Infrastructure Watchdog against the Securities and Exchange Board of India (SEBI) concerning the ₹560-crore initial public offering (IPO) of Smartworks Coworking Spaces Limited. The Court issued a strong warning to the NGO and its counsel after finding that a fabricated letter from the Ministry of Corporate Affairs (MCA) was placed on record to cast aspersions on Smartworks’ promoters. The Bench cautioned that future attempts to mislead the judiciary would invite serious repercussions, but refrained from punitive action this time as the alleged letter did not exist.
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Fractional Real Estate Emerging as High-Yield Asset Class for Retail Investors 0
- Industry News
- August 25, 2025
Fractional ownership is transforming India’s real estate landscape by allowing retail investors to access premium commercial properties previously limited to institutions and ultra-high-net-worth individuals. This model lowers entry barriers and delivers consistent net yields of 7–8%, backed by professional management that reduces operational hassles. It is emerging as a compelling alternative to fixed income investments, offering diversification, steady income, and long-term value appreciation opportunities.
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Brigade Enterprises Secures 7-Acre Land Lease on Chennai’s OMR for Landmark Mixed-Use Project 0
- Industry News
- August 25, 2025
Brigade Enterprises Ltd has signed a long-term lease for a 7-acre plot on Chennai’s thriving Old Mahabalipuram Road (OMR), one of the city’s premier commercial corridors. The real estate firm plans to develop more than one million sq ft of Grade A office space complemented by a luxury 225-room five-star hotel, targeting the city’s growing demand for premium office and hospitality options.
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Microchip Technology Acquires 1.72 Lakh Sq Ft Office in Bengaluru’s Whitefield 0
- Industry News
- August 25, 2025
Microchip Technology, a US-based semiconductor giant, has acquired 1.72 lakh sq ft of office space in Bengaluru’s Whitefield for ₹176 crore, making it one of the city’s largest commercial property transactions this quarter. The deal covers two blocks in the EPIP Zone, a prime eastern IT corridor, and ranks among the premium acquisitions with a value of around ₹10,230 per sq ft.
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