April 2025 – Page 4 – Property World Global

Apr112025 by FWMNo Comments

Blackstone Real Estate to Acquire 6M SF Industrial Portfolio Developed by Crow Holdings for $718M

New York & Dallas – April 10, 2025 – Blackstone (NYSE: BX) and Crow Holdings, a leading real estate investment and development firm, today announced that Core+ funds affiliated with Blackstone Real Estate have agreed to acquire a 95 percent stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5 percent ownership. The portfolio consists of 25 Class A buildings totaling 6 million square feet and is predominantly located in high-barrier submarkets in Dallas and Houston, two of the top-performing U.S. logistics markets. David Levine, Co-Head of Americas Acquisitions for Blackstone Real Estate, said: “This transaction is another example of Blackstone Real Estate deploying capital during this period of market volatility. ...

Apr102025 by FWMNo Comments

Average home price rises 9% Y-o-Y in top 9 cities in FY25: PropEquity

Business & Finance

The weighted average price of new launches in Southern cities (Bengaluru, Chennai and Hyderabad) continue to be in sub-Rs 10,000 per sq. ft. level in FY25 The weighted average price of new launches in Pune has breached the Rs 10,000 per sq. ft. mark in FY25 Mumbai and Navi Mumbai saw price decline of 3% each Chennai remains the least expensive housing market amongst top 9 cities with average launch price at Rs 7989 per sq. ft. while Mumbai remains the most expensive at Rs 34,026 per sq. ft. New Delhi, April 10, 2025: The weighted average launch price of homes in India’s top 9 cities rose by 9% in FY 2024-25 to Rs 13,197 per sq. ft. as compared to Rs 12569 per sq. ft. in FY 2023-24, said a report by NSE-listed data analytics firm PropEquity.The top 9 cities are Bengaluru, Chen...

Apr102025 by FWMNo Comments

India Defies Global Office Rental Slump; Office Rentals Continue Upward Trend – Vestian

Business & Finance

New Delhi, 10th April 2025: While global office rental markets continue to face headwinds, India’s office sector is bucking the trend with sustained growth in office leasing and rentals. According to research by Vestian, 2024 reported the highest ever leasing of 70.7 Mn sq ft, registering an annual increase of 16%. Sub-dollar rentals across India’s top seven cities fuelled this momentum, making the country a key outlier in an otherwise subdued global landscape. In stark contrast to major global cities like New York, Seattle, Boston, Hong Kong, and Shanghai, which have witnessed rental declines over the last five years, India witnessed a steady upward movement. Notably, while some Western markets such as London and Miami posted increases of 31% and 53% respectively, the broader global s...

Apr102025 by FWMNo Comments

RBI Issues April 2025 Policy Update

Business & Finance

09 APR 2025 6:14PM by PIB Delhi RBI Cuts Repo Rate to 6%, Projects 6.5% GDP Growth for FY 2025-26 Introduction The Monetary Policy Committee (MPC), in its 54th meeting and the first of the financial year 2025–26, unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down to 6 per cent with immediate effect. The repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks, and a cut in this rate is aimed at boosting lending and investment. This decision comes at a time when global economic conditions are becoming increasingly uncertain. Trade tensions have resurfaced, leading to a decline in crude oil prices, weakening of the US dollar, softening bond yields, and corrections in equity markets. While central banks across t...

Apr72025 by FWMNo Comments

Waves Beneath, Trains Above: The New Pamban Bridge

Architecture

07 APR 2025 6:21PM by PIB Delhi Imagine sitting in the all-new Rameswaram-Tambaram train service by the window. The salty breeze brushes your face, and all you see is the endless stretch of the sea. Just as the waves begin to lull you into a trance, a stunning steel structure appears, the kind one watches in the movies. It’s the new Pamban Bridge, and it is unlike anything India has ever built before. The Pamban Strait, which separates the Indian mainland from Rameswaram Island in Tamil Nadu, is now home to an impressive engineering marvel, as India’s first vertical-lift railway sea bridge. Replacing the iconic but aging 110-year-old Pamban bridge, this new structure is more than just metal and bolts, but a symbol of how history and progress can flow together. What is a Vertical-L...

Apr12025 by FWMNo Comments

Manoj Bajpayee Makes Every Chai ‘Apni chai’ with Tata Soulfull No Maida Rusk

Lifestyle, News

National,1 APRIL ,2025: https://youtu.be/zAr-uODI40A Tata Soulfull, a prominent brand from Tata Consumer Products, known for its wholesome millet-based snacks and packaged foods is redefining India's beloved tea-time ritual with its latest innovation- Tata Soulfull No Maida Rusk. The launch is introduced through a creative marketing campaign featuring acclaimed actor and brand ambassador, Manoj Bajpayee, centered around the evocative tagline 'Har Chai ko Apni Chai Banaye’, which celebrates the uniquely personal way Indians enjoy their chai. While rusks have been an integral part of Indian tea-time traditions, conventional options typically contain Maida (Refined Flour). Tata Soulfull No Maida Rusk contains no maida, making it a wholesome choice. Available in aromatic Elaichi and ri...

Apr12025 by FWMNo Comments

Embassy REIT Hosts 3rd Edition of Flagship Occupier Connect Forum at Hilton Manyata in Bengaluru

Home Improvement

Bangalore : Embassy REIT, India’s first publicly listed Real Estate Investment Trust and Asia’s largest office REIT by area, successfully hosted the 3rd edition of its annual flagship corporate event – Occupier Connect – at Hilton Manyata in Bengaluru on March 28th, 2025.- Home to over 260 marquee corporates, this annual forum of the REIT brought together industry leaders, partners, and occupiers from across Embassy REIT’s pan-India office portfolio for an evening of insight and exchange. This year’s theme, “The Advent of AI,” sparked dynamic conversations around the transformational potential of artificial intelligence—a technology rapidly reshaping the way we live, work, and think. The event was headlined by Nandan Nilekani, Chairman and Co-founder of Infosys and Founding...