German semiconductor maker Infineon Technologies has leased 631,923 sq ft at Bagmane Solarium City in Whitefield, Bengaluru, in a 10-year deal worth more than Rs 750 crore in total rental payouts. The lease, starting Dec 1 2026, includes an initial monthly rent of Rs 5.56 crore and a 15% escalation
CapitaLand India Trust has shifted S$204 million of Singapore-dollar debt into rupee borrowings in 2026 to reduce foreign exchange exposure as the Indian currency weakens. The move has boosted distribution-per-unit accretion by nearly 5 per cent. About 53 per cent of the trust's S$1.7 billion debt i
Puravankara has entered into a joint development agreement for a 7.83-acre land parcel in southeast Bengaluru with an estimated gross development value of ₹1,100 crore and a saleable area of about 0.89 million sq ft. The project will be developed as a residential scheme, adding to the company's five
State Bank of India has acquired a commercial building and leasehold land in Pune’s Kharadi district for ₹414 crore. The 15-storey property spans about 1.84 lakh sq ft on a 2.12-acre site within Kharadi Knowledge Park.
The Enforcement Directorate has filed a sealed cover status report in a New Delhi court on its investigation into DLF’s role in the Shikohpur land deal, seeking more time to complete the probe. The court expressed displeasure that a specific query from April 15 remains unanswered and has directed th
Small and mid-sized Indian developers are increasingly using insolvency proceedings to acquire bankrupt real-estate firms as land prices soar in major cities. The NCLT has approved more than a dozen such acquisitions in the past quarter, with distressed real estate now seen as an acquisition opportu