PVR Inox ready with Rs 700-crore plan to set up new screens, retrofit old ones - ET Retail

PVR Inox ready with Rs 700-crore plan to set up new screens, retrofit old ones - ET Retail

Pvr Inox Merger: PVR Inox is set for aggressive expansion at a time when the cinema business is regaining its mojo after the long pandemic break, a ToI report quoted Ajay Bijli, MD of PVR Inox, as saying.

iconRead More

No big impact felt at shopping malls; brands report wedding season lift - ET Retail

Rbi: "People have time till September to use the money, and that is the reason there is no rush this time. The business had started picking up from last week due to the wedding season and we believe that will continue," said a leading mall operator who did not wish to be identified.

Read Moreicon
No big impact felt at shopping malls; brands report wedding season lift - ET Retail
Ganga Realty Acquires 8.35 Acres Prime Land in Sector 84, Gurugram

Ganga Realty Acquires 8.35 Acres Prime Land in Sector 84, Gurugram

Ganga Realty, has made strategic acquisitions in Gurgaon, solidifying its position in the luxury and affordable housing segments. With the acquisition of 8.35 acres of prime land in sector 84, Gurgaon, Ganga Realty aims to develop a prestigious luxury group housing project.

iconRead More

Nexus Select Trust Gets Listed on BSE & NSE

India's first retail-focused REIT debuted on Friday. The REIT witnessed a single-digit premium listing, however, gained momentum as it opened on BSE and NSE. Nexus owns India's largest portfolio of consumption centres.

Read Moreicon
Nexus Select Trust Gets Listed on BSE & NSE
M3M Launches Phase 1 of its 1st Plotted-Development ‘M3M City of Dreams’

M3M Launches Phase 1 of its 1st Plotted-Development ‘M3M City of Dreams’

M3M India has launched Phase-I of its first plotted-development project - ‘M3M City of Dreams’ in Sector 37, Panipat – Haryana. In Phase-I, M3M introduced 900 plots, ranging from 140 to 180 square yards, with a value of Rs. 600 crore, out of which 436 plots have already been sold,...

iconRead More

Trident Realty Acquires Shipra Mall in Indirapuram from Indiabulls

Delhi-based Trident Group has acquired Shipra Mall in Indirapuram, Ghaziabad in NCR from Indiabulls Housing Finance Ltd and Edelweiss Asset Reconstruction Company Ltd for 551 Crs.

Read Moreicon
Trident Realty Acquires Shipra Mall in Indirapuram from Indiabulls
Managing Partners of Grandthum Foray in Realty with Brand Name GROUP 108

Managing Partners of Grandthum Foray in Realty with Brand Name GROUP 108

The managing partners of Grandthum, an under-construction IT/ITES project located in Greater Noida West, have announced their foray into real estate development with a new brand name called GROUP 108. They will complete their maiden project, Grandthum, under the new brand name.

iconRead More

Singapore’s GIC Acquires Phoenix’s Group’s IT SEZ in Hyderabad

Singapore’s sovereign wealth fund GIC has acquired an information technology-special economic zone (IT SEZ) spread over 1.1 mn sq ft in Hyderabad’s Gachibowli locality from the Phoenix Group for Rs 1,050 Crs.

Read Moreicon
Singapore’s GIC Acquires Phoenix’s Group’s IT SEZ in Hyderabad
Prestige Group set to rebuild malls business - ET RealEstate

Prestige Group set to rebuild malls business - ET RealEstate

"This is the next phase of expansion and most of our upcoming malls will be above one million sq ft as retailers need bigger space now. Construction at most of the upcoming malls has started and they are located in Bengaluru, Kochi and Chennai," said Muhammad Ali, CEO, Forum Malls of Prestige Group.

iconRead More

Enormous 1-3 million sq-ft malls set to debut in India

India will soon get bigger malls that will also make room for entertainment and services beyond shopping. Well, with malls set to become 30-40% bigger, then newer models of service should not be a problem. Actually, the malls that will come up in India will kind of resemble those in Dubai and the US.

Read Moreicon
Enormous 1-3 million sq-ft malls set to debut in India
DLF Consolidated Revenue Stood at Rs 1,576 Crore for Q4FY23

DLF Consolidated Revenue Stood at Rs 1,576 Crore for Q4FY23

DLF Limited announced its Q4 & FY23 results. The business delivered record performance across all key parameters. The Q4FY23 – DLF Limited Consolidated Revenue stood at Rs 1,576 crore. The gross margins at 57%. The EBITDA stood at Rs 518 crore.

iconRead More

Real Estate Sees Three-Fold Rise in Foreign Institutional Investment

During the six-year period from 2017 to 2022, India received cumulative foreign institutional inflows of USD26.6Bn into real estate, a three-fold rise from the preceding six-year period. Foreign investments in India have been on the rise over the last few years as the industry...

Read Moreicon
Real Estate Sees Three-Fold Rise in Foreign Institutional Investment
Provogue to be acquired by Rajkot-based firm for under Rs 100 crore - ET Retail

Provogue to be acquired by Rajkot-based firm for under Rs 100 crore - ET Retail

Provogue India: Rajkot-based investment firm Plutus Investments and Holding Private Limited has acquired apparel company Provogue for under Rs. 100 crore, as a going concern in accordance with an NCLT order. 

iconRead More

KW Group Leases Space in Mall ‘KW Delhi-6’ to Major Global Brands

NCR-based real estate developer, KW Group, has leased space to major global brands at its most sought-after mall KW Delhi-6, located in Raj Nagar Extension, Ghaziabad. The mall has laid out spaces to food and lifestyle brands, including The Moonlight Restaurant, House of Candy, Urban Chaat, Meena Bazaar, etc.

Read Moreicon
KW Group Leases Space in Mall ‘KW Delhi-6’ to Major Global Brands
Retailers may soon be asked to not demand customer phone numbers - ET Retail

Retailers may soon be asked to not demand customer phone numbers - ET Retail

Taking the numbers of customers without their "express consent" is a breach and encroachment of privacy, said the official, without wanting to be identified. The official added that such a move will be classified as an unfair trading practice defined as any business practice or act that is deceptive, fraudulent, or causes injury to a consumer.

iconRead More

High streets gain momentum as preferred retail destinations in India post-pandemic - ET Retail

High Streets: India has just 13.2 million sq ft high street space available across the country for retailers, compared to malls that occupy seven times the combined high street space of 93 million sq ft.

Read Moreicon
High streets gain momentum as preferred retail destinations in India post-pandemic - ET Retail