Alta Capital buys IndoSpaceβs 2.5 million sq ft warehousing assets for Rs 840 cr
Investment and asset management firm Alta Capital has acquired over 2.5 million sq ft logistics built and fully-leased assets from IndoSpace in a deal valued at over $100 million or Rs 840 crore, said persons with direct knowledge of the development.This is one of the largest deals involving warehousing and logistics assets in India this…
READ MOREMerlin Group executing projects worth Rs 20,000 cr, revenue to double in 7-8 years
Merlin Group, Kolkata’s largest real estate developer, is currently executing projects worth Rs 20,000 crore, which are expected to double its annual revenue over the next 7-8 years, a senior official said on Monday. The announcement coincided with the unveiling of the company’s new brand identity. “We have been growing steadily year on year for…
READ MORE
Ganpati decoration ideas 2024
Devotees, across India, wait for months for Ganesh Chaturthi to celebrate the arrival of Lord Ganpati. This year, Ganesh Chaturthi starts September 7, 2024 and the 10-day festival ends September 17, 2024. One of the key highlights of welcoming Lord Ganpati at home is the Ganpati decoration of the house and place of worship. In…
READ MOREUnsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report
Unsold housing stocks across seven major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the…
READ MORE