increased demand in office spaces
Private equity giant Blackstone is acquiring a 1-million sq ft office space at Vikhroli, Mumbai from real estate fund house Milestone Capital at a cost of Rs 1050 crore. The property, 247 park, is owned jointly by Milestone Capital and HCC Real Estate in a 74%-26% arrangement. It’s valued at Rs 1000 crore and requires [...] Continue Reading »
The current commercial real estate in Bangalore has been witnessing a boost due to the increased demand for the office space despite the growing uncertainty in the European markets. Various factors are responsible which makes the city ideal for investors. Factors like the availability of the Special Economic Zone (SEZ) for IT expansions, increased connectivity to the Outer Ring Road [...] Continue Reading »
