News articles tagged IT Park

Bhubaneswar's Emerging IT Hub: Tech Parks Fuel Commercial Real Estate Boom

Bhubaneswar's growing IT sector, driven by new tech parks and infrastructure developments, is causing a surge in commercial real estate demand. Multinational companies' entry and government land allocation initiatives are revitalizing property markets, with strategic projects reshaping the city's economic landscape.

New IT Park in Ranchi Eyes 10,000+ Jobs, Redefining Commercial Property Demand

Ranchi's upcoming state-of-the-art IT park aims to generate 10,000+ jobs, driving demand for premium office spaces and positioning the city as eastern India’s next tech hub.

Technocity IT Park Development Fuels Commercial Real Estate Growth in Thiruvananthapuram

Thiruvananthapuram's Technocity IT Park expansion drives commercial real estate growth, attracting IT companies and startups, boosting demand for office spaces and related infrastructure. With 100,000+ jobs potential and cutting-edge facilities, the IT integrated township redefines Kerala's commercial property landscape.

Trichy's TIDEL Park Construction Kicks Off: A Boost for IT Real Estate

The start of TIDEL Park’s construction in Trichy is set to energize IT-sector real estate, boosting demand for office and residential spaces while creating thousands of jobs through ₹415 crore investment.

Karnataka Requests Centre to Provide 750 Acres Land!

Karnataka Deputy Chief Minister requests 750 acres of land from the Defence Minister for an IT park and manufacturing industries in Belagavi.

India to have its first asset-backed property bonds soon

Indian real estate developers prepare to issue asset-backed bonds utilizing rental income from offices and shopping malls.

Xander to acquire Shriram’s IT SEZ for Rs 690 cr

Xander is poised to acquire 100% stake in an IT SEZ from Shriram Group for ₹690 Cr, having signed an initial agreement. The 2.5-million sq ft tech-park mostly leased.

PE funds ink deals with big firms for steady returns

Private equity firms are partnering with established real estate developers to create large assets and ensure stable returns, even as overall transaction numbers decrease. This trend is expected to grow.

Embassy to raise Rs 800 cr to develop a Tech-park

Embassy Property Developments plans to raise Rs 800 crore in debt for an IT park in Bangalore, starting discussions with banks and considering selling space to Blackstone.

Blackstone Sets Its Luring Eye On Vrindavan Tech Village

Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.

Frasers Hospitality signs First Three Properties in India

Frasers Hospitality expands into India, signing contracts for three Bangalore properties. Fraser Residence Beverly Park and Fraser Place Whitefield will open in June 2009, with Fraser Place Hosur Road slated for 2011.

Raheja Prices Villas At Rs 6 Crore

Vijay Raheja has launched the Verena luxury villas in Bangalore, with plans for more developments despite market challenges post family business split.

HCC To Invest Thousand Crore Rupees In Townships

HCC Real Estate Ltd plans major investments in land for townships and launches an 80-acre slum rehabilitation scheme, and constructs an IT park.

High rentals hit retail expansion plans

Rising real estate rentals are impacting retail expansion plans. Spencer Retail aims to open more stores, focusing on location due to rental costs.

Yatra Capital Invests $7 Million In Kolkata

Yatra Capital Ltd invests $7 million for a 40% stake in a Kolkata hotel project, emphasizing growth in the hospitality sector and aiming for diversified returns.

Binani Plans To Tie Up With Real Estate Majors

Binani Cement is exploring long-term cement supply contracts with developers including Raheja and Hiranandani, potentially reshaping industry standards.

SRS Group To Invest Thousand Crores

SRS Group to invest ₹1,000 crore in 3 years, launch IPO by fiscal year-end. Plans include a 5-star hotel, IT park, residential complex, retail expansion, and new cinema screens.

Indian Company Plans IT Park In Lanka

PS Group develops $80.4 million IT park in Sri Lanka through international joint venture with technology institute

German Bank Invests Rs 607 Crore In Trikona Projects

German bank SachsenFonds acquires stakes in multiple Indian realty projects from Trikona Trinity Capital for Rs 607 crore

Munjal Family Ready For Real Estate Business.

The Munjal family, renowned for Hero Honda, is diversifying into real estate with plans for townships, industrial parks, hotels, and resorts across India. Initial investments will be family-funded, with external interest from investors and private equity.