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Bengaluru witnesses surge in new real estate investments. Details here

Bengaluru witnessed growing interest in alternative real estate investments like senior living and co-working spaces, as investors seek avenues for wealth creation beyond traditional residential investments ....

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BHIVE Group acquires product engineering firm Praemenio

The transaction comprises a composite structure involving both cash and equity. As part of this acquihire, BHIVE will absorb a 10-member team along with co-founders Rohit Parab and Gaurav Gandhi, who will support growth and business management at BHIVE Group,” the company said, without disclosing the deal value. ....

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SEZ regulations: SEZ denotification to bridge demand supply gap for Flex office operators

The relaxation of Special Economic Zone (SEZ) regulations, coupled with growing demand for flexible office solutions, is poised to enhance the availability of grade-A office spaces. This development has the potential to alleviate the prolonged scarcity in a high-demand market segment. Additionally, partial de-notification is anticipated to release space formerly designated for domestic business purposes. ....

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2023: Local office market in India resilient despite global uncertainty

The demand for office space in India remained strong in the first three quarters of 2023, with 38 million sq ft of space taken up in the top six cities, nearly matching the absorption during the same period in 2022. Bengaluru and Delhi-NCR were the leading cities, accounting for half of India s total office space demand. ....

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