A century-old business house that became a household name with products like the Cinthol soap and Godrej shaving cream, is set to receive the next generation leader to the corner office today – Pirojsha Godrej. The 45-year old takes to thrills like jet skiing, but his love for Gandhian values is what will drive the … Read more
“With the regulatory environment becoming more conducive and new pools of investor capital attracting these asset classes, the growth runway for Reits and InvITs is significant. At a time when investors globally are reassessing portfolio construction amid structurally higher interest rates, stable, income-generating structures such as Reits and InvITs are emerging as one of the … Read more
Development Bank of Japan Inc. (DBJ) has made its first real estate investment in India, committing capital to HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund), managed by HDFC Capital Advisors Ltd. HDFC Capital, the real estate private equity arm of HDFC Group, did not disclose the investment amount. The H-DREAM … Read more
The recent post annual results analysts’ call by DLF Ltd, India’s biggest real estate company, provides a glimpse of the price appreciation at it’s super luxury projects in Gurugram which are now fetching ₹135 crore to ₹150 crore per residences. Following the success of it’s ultra luxury project Camellias, it’s new project Dahlias is attracting attention … Read more
Pirojsha Godrej is taking control of the Godrej Industries group. He will succeed Nadir Godrej as Chairperson of the Godrej Industries Group and Godrej Industries Limited, effective August 14, 2026. Pirojsha will also continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. With this change, there is general expectation of an aggressive growth … Read more
New York-based alternative asset manager Brookfield is lining up investments worth over $1 billion (around Rs 9,000 crore) to set up a global capability centre (GCC) in Mumbai, raising its bets on India.The GCC, which will be Asia’s largest, is being developed through an agreement between Mumbai Metropolitan Region Development Authority (MMRDA) and a … Read more
Co-working major WeWork India is gearing up to launch its initial public offering (IPO) on October 3, with people aware of the matter pegging the issue size to nearly ₹3,000 crore. The issue will close on October 7, with bidding for anchor investors opening for a day on October 1, as per the red herring … Read more
Prestige Estates Projects (PEPL), one of India’s top five real estate developers, is looking to offer more entertainment and dining spaces in malls while cutting back on apparel retailers. 40% of mall space is targeted towards entertainment and restaurants vs 15-20% currently. Company operates four malls at present. By 2030, it plans to grow to … Read more