Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has extended its partnership with Japan’s Sumitomo Corporation for the second phase of their joint industrial parks project in Tamil Nadu.The company, through its subsidiary Mahindra World City Developers (MWCDL), has entered into a supplemental agreement that involves an…
READ MOREET Intelligence Group: Pune-based PN Gadgil Jewellers is the second-largest organised jewellery retail player in Maharashtra run by the sixth generation of the jeweller family. The company is raising ₹1,100 crore through an IPO comprising a fresh issue of ₹850 crore and the rest being an offer for sale wherein the promoter is diluting its…
READ MOREAxis Commercial Real Estate Fund, a strategic partnership between Axis Asset Management Co and global real estate developer, owner, and operator Tishman Speyer, has acquired a 1.5-acre land parcel at Fintech City in Chennai’s Nandambakkam.The fund has acquired the land parcel through a bid cum e-auction process conducted by the Tamil Nadu Industrial Development Corporation…
READ MOREThe Phoenix Mills has acquired a prime city-centric land parcel in Tamil Nadu’s Coimbatore to develop a premium retail mall.The company’s subsidiary Astrea Real Estate Developers has acquired the land parcel through a mix of share purchases and direct land buy, Phoenix Mills said in a regulatory filing.The Phoenix Mills holds 67.1 percent equity stake…
READ MOREAsia Pacific-focused real estate services and investment major ESR Group has acquired additional 27 acres of land to expand its industrial and logistics park in Chennai’s Oragadam. With this acquisition, the expanded area of ESR Oragadam Industrial & Logistics Park will now span 107 acres with a development potential of 2.5 million sq ft.The Hong…
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