News

Hines and Sumitomo Launch Luxury Condo Project in Mumbai's Powai

Real Estate Mumbai

Hines and Sumitomo Launch Luxury Condo Project in Mumbai's Powai

US-based Hines and Japan's Sumitomo Corp. have formed a joint venture to develop a luxury condominium project in Mumbai's high-value Powai locality. This marks Hines' entry into the Mumbai residential market.

June 5, 2025
Read Article
MMRDA Allocates BKC Plots to Sumitomo and Brookfield for Rs 3,840 Crore

Real Estate Mumbai

MMRDA Allocates BKC Plots to Sumitomo and Brookfield for Rs 3,840 Crore

The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated plots in BKC to Sumitomo and Brookfield for Rs 3,840 crore, with plans for mixed-use and office developments, including a luxury hotel.

June 3, 2025
Read Article
Sumitomo Corporation Enters Mumbai Office Building Development Project with Hines and Mitsubishi Estate

Real Estate Mumbai

Sumitomo Corporation Enters Mumbai Office Building Development Project with Hines and Mitsubishi Estate

Sumitomo Corporation, in partnership with Hines and Mitsubishi Estate, is entering a major office building development project in Mumbai, India. The project aims to capitalize on India's growing economic and demographic strengths, particularly in the IT and financial sectors.

June 2, 2025
Read Article
Kanakia Group Partners with Global Giants to Develop Prime Office Space in Mumbai

Real Estate

Kanakia Group Partners with Global Giants to Develop Prime Office Space in Mumbai

Kanakia Group, in collaboration with Hines, Mitsubishi Estate, and Sumitomo Corporation, is set to develop a 1.5 million sq ft office space in Bandra Kurla Complex, Mumbai. The project, designed by Kohn Pedersen Fox, marks a significant step towards an asset-light model for Kanakia.

May 30, 2025
Read Article
MMRDA Receives Bids from Japan’s Sumitomo and Schloss Consortium for Three Prime Plots in Mumbai

Real Estate Mumbai

MMRDA Receives Bids from Japan’s Sumitomo and Schloss Consortium for Three Prime Plots in Mumbai

The Metropolitan Region Development Authority (MMRDA) has successfully received bids from Japan's Sumitomo and the Schloss Consortium for three prime plots in Mumbai, expected to generate over ₹3,839 crore. This marks a significant milestone in the city's real estate landscape.

April 4, 2025
Read Article
Brookfield and Sumitomo Submit Record Bids for MMRDA Plots in Mumbai's BKC

Real Estate Mumbai

Brookfield and Sumitomo Submit Record Bids for MMRDA Plots in Mumbai's BKC

Global investors Brookfield and Sumitomo have submitted record bids for three plots in Mumbai's BKC, signaling strong interest in the city's prime real estate market.

April 4, 2025
Read Article