Incuspaze has leased a massive 57,351 square feet in Mumbai's Hiranandani Lighthouse Business Park, marking a significant foreign investment in the Indian real estate sector.
Co Working SpacesManaged Office SpacesIndian Real EstateForeign InvestmentHiranandani GroupReal Estate MumbaiAug 02, 2024
Incuspaze has leased a total of 57,351 square feet in Hiranandani Lighthouse Business Park.
This lease agreement demonstrates robust confidence in the Indian real estate market and attracts further investment from international players.
The Hiranandani Group, a renowned real estate developer in India, is the developer of Hiranandani Lighthouse Business Park.
Incuspaze offers co-working and managed office spaces in India, catering to businesses of all sizes.
This lease agreement contributes to the growth of the Indian economy by showcasing the country's potential for growth and attracting further investment from international players.
Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.
India's real estate sector saw a significant boost in investment during the second quarter of 2024, with foreign investors contributing 76.3% of the total.
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