Tuesday, April 22News That Matters

PROPERTY MATTERS

About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years

About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years

News, PROPERTY MATTERS, Technology
Green building adoption accelerating across real estate segments, led by energy savings, rental premiums and emission reductions Green building footprint on the rise; certifications across real estate asset classes reach 13 billion sq ft in 2024 (IGBC) Two-thirds of Grade A office stock already green-certified across the top six cities Green-certified office buildings have higher occupancy levels at 80-90%, commanding rental premium of up to 25% Investment potential of over INR 425 billion to emerge from retrofitting older office buildings Carbon footprint reduction gaining prominence in other asset classes like data centers, retail, hospitality, and healthcare  Ahmedabad, India, 18 April 2025: India’s real estate sector is undergoing a major transformation, with sus...
Mahindra Lifespaces launches Mahindra NewHaven next to successful Mahindra Zen, Bengaluru

Mahindra Lifespaces launches Mahindra NewHaven next to successful Mahindra Zen, Bengaluru

News, PROPERTY MATTERS
Bengaluru, April 17th, 2025: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of Mahindra NewHaven, an IGBC-certified Net Zero Energy & Waste project. The development features 70% open spaces, with bespoke 3, 3.5, and 4 BHK residences and is purposefully designed to elevate modern living with a strong focus on sustainability and innovation. This project is located adjacent to the already successful Mahindra Zen on Hosur road in South Bengaluru.   Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Limited, said, “Bengaluru continues to be a key market for Mahindra Lifespaces, with our projects consistently receiving strong responses. Following the success of Mahin...
Table Space Closes FY25 with 41% YoY Growth; Portfolio Crosses 10.5 Million Sq. Ft.

Table Space Closes FY25 with 41% YoY Growth; Portfolio Crosses 10.5 Million Sq. Ft.

News, PROPERTY MATTERS
Footprint now spans 10.5 million sq. ft. as of March 2025, across 7 key clusters in India, reaffirming its position as one of the leading players in the managed office sector  Bengaluru, April 15, 2025 — Table Space, one of India’s leading managed workspace providers for enterprises, has concluded FY25 on a positive note, reporting an impressive 41% year-on-year growth in its total portfolio in terms of million sq. ft. As of March 2025, Table Space’s footprint spans 10.5 million sq. ft. across India’s top commercial office markets, reaffirming its position as one of the leading players in the managed office space sector. Table Space’s expansion was focused entirely across 7 key clusters (metro cities) in India. Bengaluru led the growth chart contributing one-third to the overall p...
Vivek Anand Oberoi, a Visionary Across Industries, Now Redefining Luxury Real Estate with Taj Wellington Mews

Vivek Anand Oberoi, a Visionary Across Industries, Now Redefining Luxury Real Estate with Taj Wellington Mews

News, PROPERTY MATTERS
Monday, Mar 31, 2025 17:03:22 | Vivek Anand Oberoi, ~  India’s Real Estate Sector Poised to Hit $5.8 Trillion by 2047 as the UAE’s Luxury Market Grows at 2.45% Annually National, 31st March 2025 – Vivek Anand Oberoi, a name synonymous with cinematic brilliance, is now redefining UAE's high-end real estate space, applying his strategic vision to an industry that is growing with a 22% CAGR. As the Co-Founder and Managing Director of BNW Developments, he is leading large-scale projects that combine India's architectural expertise to meet the global market demand of luxury real estate. With an emphasis on high-value infrastructure, sustainability, and global alliances, he is placing Indian businesses at the forefront of the changing luxury real estate industry. The actor and entrepren...
Bennett Coleman And Company Limited (The Times of India Group) Acquires Four Commercial Spaces in Mumbai for a total of Rs. 262 Crore: Square Yards

Bennett Coleman And Company Limited (The Times of India Group) Acquires Four Commercial Spaces in Mumbai for a total of Rs. 262 Crore: Square Yards

Business & Finance, PROPERTY MATTERS
Mar 28, 2025 Bennett Coleman And Company Limited (The Times of India Group) has acquiring four commercial spaces in Santacruz East, Mumbai. The total transaction value across these deals amounts to Rs. 261.9 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. All the four transactions were officially registered in March 2025. Santacruz East, strategically located in Mumbai’s western suburbs, is a sought-after commercial destination due to its proximity to key business districts such as Bandra Kurla Complex (BKC) and seamless connectivity via the Western Express Highway, Santacruz railway station, and the Mumbai Metro. The area is known for its commercial complexes, co...