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. |
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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. |
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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. |
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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. |
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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,... |
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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. |
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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. |
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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. |
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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. |
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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. |
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