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Hyderabad: Hyderabad to witness oversupply of 40 million sq ft office space by 2025

Leading contributors to this surge include Mindspace, Divyashree, Phoenix, GAR Infobahn , and CapitaLand. Separately, other developers like Phoenix, Salarpuria Sattva, and RMZ will play a pivotal role in the supply boost in HITECH City. ....

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Global captive centers fueling demand for large offices

Global centers, particularly in the technology and BFSI sectors, have cornered almost 40% of the significant deals in the top six cities. Notable transactions involve names such as Bank of America, Philips, Wells Fargo, Qualcomm, and CitiBank, with deals concentrated in major southern cities such as Bangalore and Chennai. ....

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RMZ Corp's 'One Paramount' tech park on the block - The Hindu BusinessLine

RMZ Corp's 'One Paramount' tech park on the block - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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RMZ Corp restructures, targets assets worth USD 25 billion by 2029

Bengaluru-based RMZ Corporation has announced plans to focus on five key sectors and generate assets worth $25bn over the next five years. The real estate firm will concentrate on office, luxury residential, mixed-use, industrial and logistics, and hospitality segments. RMZ has also appointed CEOs for each sector. It plans to develop a portfolio of 10 million sq ft of commercial office space valued at $10bn, 15 million sq ft of mixed-use space valued at $8bn, and 62 million sq ft of industrial and logistics assets worth $3bn. The firm also plans to build over 10 hotels and five luxury condos. | Mumbai news ....

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RMZ rejigs top leadership team, targets $42 billion AUM by 2029

The firm has set up a new governance structure with two boards – the supervisory board led by brothers Raj Menda and Manoj Menda and the familys second generation, Sidharth and Mihir, and an executive board comprising non-family senior leaders from diverse industry backgrounds overseeing each of the firms businesses. ....

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