hBits, an Indian fractional real estate ownership platform, has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to raise more than Rs 500 crore through a Category II Alternative Investment Fund (AIF). The raised funds will be utilized to invest in commercial real estate investments across…
Godrej Properties, the real estate arm of the renowned business conglomerate Godrej Group, has acquired two plots in Gurugram for around Rs 900 crore. The company aims to develop luxury housing projects on these plots, targeting a sales revenue of Rs 3,100 crore after development of the land parcels. The…
Group 108 to launch new commercial project in Sector 142, Noida. The project, located on Noida Expressway, will have offices and retail spaces.
The Indian retail real estate segment is drawing real estate investors in India. In this article, Ramesh Nair, CEO & Country Head, JLL India, explores the current commercial property market investments in the retail malls and shopping spaces across the organized retail segment in India. After a few years of…
Commercial real estate, and commercial retail properties in particular, are expected to garner support through real estate investment trusts or REITs. Pankaj Renjhen, Managing Director – Retail Services, JLL India, explores the scope of investments in retail asset through REITs in small towns and cities, beyond commercial projects in the…