real estate news
JP Morgan Leases 1.16 Lakh Sq Ft in Sumitomo’s BKC Tower for ₹7 Crore Monthly Rent
US-based financial services giant JP Morgan has secured a 1.16 lakh sq ft lease in a commercial tower being developed by Goisu Realty in Mumbai’s Bandra Kurla Complex (BKC), with a starting monthly rent of ₹6.91 crore.
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.
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.
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.
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.
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.
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.
real estate news
Mahindra Lifespace Aims for ₹8,000-10,000 Crore Bookings by FY28, Driven by Residential Pre-Sales
Mahindra Lifespace Developers' MD and CEO Amit Kumar Sinha expects the company to achieve bookings of ₹8,000-10,000 crore by 2027-28, with a strong focus on residential pre-sales. The company is also expanding its industrial parks project in Tamil Nadu wi
Real Estate Mumbai
Sumitomo Acquires Bombay Dyeing's Land for Rs 4.4 Bn: A Boost to Indian Real Estate
Sumitomo Realty & Development Company, a leading Japanese real estate developer, has acquired Bombay Dyeing's land for Rs 4.4 billion, marking a significant investment in Indian real estate.
Real Estate Mumbai
Sumitomo Acquires Prime Land in Mumbai's Worli Area for ₹440 Crore
Goisu Realty Private Limited, a subsidiary of Japanese real estate developer Sumitomo Realty & Development Company, has acquired a 8,054-square metre land parcel from The Bombay Dyeing and Manufacturing Company Limited in Mumbai's Worli area for ₹440 cror