Tata Consultancy Services (TCS), India's largest IT services exporter, has announced the acquisition of a commercial real estate firm for Rs 2250 crore. This strategic move is expected to bolster TCS's real estate portfolio and enhance its operational cap
TcsReal Estate AcquisitionCommercial Real EstateIt ServicesPortfolio ExpansionReal EstateMar 11, 2025
The acquisition deal between TCS and the commercial real estate firm is valued at Rs 2250 crore.
TCS decided to acquire a commercial real estate firm to strengthen its real estate portfolio and support its growing operational needs, aligning with the trend of flexible and technology-driven solutions in the real estate sector.
The acquisition includes a portfolio of commercial properties, such as office spaces, co-working facilities, and data centers, which are crucial for TCS's operations in the tech and consulting sectors.
The deal is expected to close in the next few months, subject to customary regulatory approvals.
This acquisition will benefit TCS's clients by providing the company with a robust infrastructure to enhance its service delivery capabilities and offer comprehensive solutions, driven by a focus on technology and innovation.
Aurangabad saw a significant boost in sales across various sectors such as jewelry, electronics, real estate, and vehicles on Dussehra. Maharashtra's positive economic outlook and favorable rainfall have contributed to this growth.
Nariman Point, once the heart of Mumbai’s business landscape, is experiencing a renaissance. With new companies, law firms, and international consulates setting up offices, lease rentals are on the rise, signaling a promising future for this iconic area.
Industry experts, including Tata Realty CEO Sanjay Dutt, have highlighted Kochi as one of the most promising cities in India's real estate sector. However, they strongly recommend REITs as the safest way to invest in real estate.
Antique, a leading financial brokerage, believes that the defence, power, and renewable energy sectors will perform exceptionally well in 2025. With a March 2026 Nifty 50 target of 26,500, Antique has identified key players and trends that are expected to
Mumbai: The real estate industry is in an uproar following the sudden removal of property and layout databases from government websites, crucial for transparent and informed property transactions. Stakeholders are now urging the government to reinstate these essential resources.
A state committee has been formed to survey and report on illegal constructions on Pune's hilltops and environmentally sensitive BDP zones. The committee has been given a one-month deadline to submit its findings.