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R City sets up Vend‘N’Go smart food delivery kiosks

R City is the first mall in Mumbai to offer the Vend'N'Go service, which is available in some malls in South India Mumbai: Runwal’s R City Mall has partnered with Versicles Technologies Pvt Ltd to launch Vend‘N’Go exclusively across the...

Retail leasing witnesses a hike of 24% YoY in first half of 2023

The first six months of 2023 witnessed total leasing stood at 2.87 mn sq. ft. compared to 2.31 mn sq. ft. Bengaluru, Delhi-NCR, and Ahmedabad collectively accounted for 65% of the total share of leasingMumbai: Retail leasing witnessed a...

Retail leasing experience growth across categories: Anarock Retail

In the first half of the calendar year 2023, retail leasing witnessed a moderate rise over last year Mumbai: According to Anarock Retail, retail leasing experienced growth across categories in the first half of calendar year (H1CY) 2023 as compared...

Omaxe founder Rohtas Goel to be non-executive director; sons to lead realty firm

Under the succession plan, elder son Mohit Goel has become Managing Director of Delhi-based Omaxe, while Jatin Goel is now executive directorNew Delhi: Realty firm Omaxe on Thursday announced a succession with founder Rohtas Goel relinquishing the role of executive...

REITs have strong potential in India: Experts

REITs are companies that own and operate income-producing real estate, and their shares are traded on stock exchangesKolkata: The real estate investment trusts (REITs) in India will continue to have "huge potential" in the future as these may expand...

Ikea’s Ingka Centre to brand its India malls Lykli

The first shopping centre by the name Lykli is slated to open at Gurugram in 2025 New Delhi: Ingka Group, the parent company of Ikea, on Wednesday announced that it plans to brand its upcoming shopping centres in the country as Lykli. Ikea’s...

DLF ties up with WhatsApp for a privacy campaign for women at two malls in Delhi

DLF Delhi Malls will introduce an innovative feature called 'mirrored messages' at DLF Promenade and DLF Avenue aimed at encouraging open conversations on important issuesNew Delhi: Delhi-based mall developer DLF Group has partnered with WhatsApp for a women-focused global privacy...

Luxury hotspots: 5 most expensive high streets in the world

These high-streets are where luxury retailers meet discerning shoppers with a taste for opulenceNew Delhi: High streets around the world serve as the epicenter of commerce, showcasing the finest luxury brands, upscale boutiques, and glamorous shopping experiences. However, some...

Tier 2 & 3 cities: The new epicentres for retail realty

Industry experts are showing huge confidence in the tier 2 and 3 retail ecosystem, acceding to its enormous rise in market size and revenue growth potential in the futureNew Delhi: Tier 2 and 3 cities have witnessed immense growth...

‘Think India Think Retail 2023: High Streets Real Estate Outlook’ by Knight Frank

This report captures the real estate footprint on these contemporary high streets as per key parameters such as store size, tenant profile, retailer category and origin ‘Think India Think Retail 2023: High Streets Real Estate Outlook’ by real estate consultancy...

Group 108 signs MoU to invest Rs 2,000 crore in Noida, Gr Noida

The Group is currently developing a 40 lakh square feet commercial project 'Grandthum' in Greater Noida, with 9 lakh square feet out of the total saleable area earmarked for retailNew Delhi: Realty firm Group 108 on Wednesday said it has proposed to...

DLF’s net debt down 73% in FY23 to Rs 721 crore

Net debt of its joint venture firm DLF Cyber City Developers Ltd. came down to Rs 18,772 crore in 2022-23 from Rs 19,063 crore New Delhi: Realty major DLF reduced its net debt by 73% to Rs 721 crore in the...

Tata Group leases space at Golden I, Greater Noida

Croma has leased 12,472 sq. ft. of space at Golden I in Greater NoidaNew Delhi: Tata Group-owned electronics retail chain Croma has leased 12,472 sq. ft. at Golden I in Greater Noida (West), Ocean Infraheight Pvt. Ltd, the company behind...

Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on Tuesday

Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assetsNew Delhi: Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised...

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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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