Nexus Select Trust boosts its Chandigarh footprint by acquiring 60,000 sq ft of prime retail space at Nexus Elante Complex for Rs 253.7 crore. This strategic move, spanning ground and first floors, targets luxury fashion, premium F&B, and high-end electronics, solidifying Elante's dominance in the Tricity's premium retail market amid strong rental growth.
Sobha Limited's ambitious expansion of Sobha City Mall adds 200,000 sq ft of retail space near Thrissur Government Medical College, boosting Mannuthy commercial rentals by 22%. With 85% pre-leasing secured, the project signals strong investor confidence and positions Thrissur as a retail hotspot ahead of its December 2025 inauguration.