Proptech firm Blox acquires brokerage firm Justo

This strategic acquisition signifies the firm's commitment to expanding its footprint across India and democratizing cutting-edge AI technology for all stakeholders in the real estate buying and selling journey.

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Nuvama, Cushman & Wakefield to raise Rs 3,000-crore office realty fund through JV

The category II alternative investment fund (AIF) with a tenure of six years is expected to help the joint entity invest in office assets worth around Rs 6,000 Cr. with the help of project-specific leveraging.

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Fundraise through REITs, InvITs jumps 10 times to over ₹11,000 crore in 2023

Before that, funds to the tune of ₹17,641 Cr. were collected through the route in 2021 and ₹29,715 Cr. in 2020, the data showed. REITs and InvITs are new concepts in the Indian market but have been a popular choice globally for their lucrative returns and capital appreciation.

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CapitaLand Investment India plans to invest over Rs 4,500 crore in Chennai in 5 years

CapitaLand Investment India signs MoUs with Tamil Nadu government to invest $750 Mn. in business parks, data centres, and logistics. CLI has invested $800 Mn. in Chennai and has a diversified portfolio of assets in the city. CLI's current portfolio includes three business parks, two industrial facilities, two logistics and warehouse facilities, a coworking space, and two serviced residences.

Proptech’s startup AirBrick Projects targets $3mn sales by end of FY 23-24

AirBrick, a tech-driven commercial design and build brand in India, announces its plans for future expansion and growth. With a commitment to integrate artificial intelligence into interior fit-out solutions, AirBrick is set to redefine the landscape of commercial interior design and build.

Housing demand set to touch 93 million by 2036

Housing demand in India is projected to grow more than threefold and reach 93 million units by 2036, driven by robust demand and supply in tier-II and -III cities. This growth is fueled by the rapidly growing Indian population and economy, improved purchasing power of home buyers, and the inclination to buy bigger houses.

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Investments in alternative realty surge to $418.7 million in Q4 of 2023

Alternatives had a 51% share of total inflows during Q4 2023, indicating strong demand in segments including data centres, student housing, life sciences, and schools. Overall, student housing accounted for about 60% of investment inflows within alternatives during the year, said Colliers.

WiseX Embarks on Expansion Spree, Plans to Triple its Workforce in 2024

This extensive recruitment drive underscores WiseX's strategic ambition to achieve Rs 1000 Cr. Assets under management in 2024.