Mindspace REIT acquires 2.6 million sq ft office asset in Chennai for ₹2,541 crore

Mindspace Business Parks REIT has bought a large office property in Chennai for approximately ₹2,541 crore. This acquisition significantly boosts its presence in South India. The deal includes existing office space and new development expected by March 2027. This move increases Chennai's share in Mindspace REIT's overall portfolio. The transaction was completed under a special arrangement with its sponsor.

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Tata Realty ink pact to buy Bengaluru land from Hinduja Group for ₹2,300 crore

Tata Realty and Infrastructure Ltd (TRIL) has acquired over 38 acres in Bengaluru for approximately Rs 2,300 crore, marking the city's largest land transaction. This significant deal underscores investor confidence in Bengaluru's office market and TRIL's strategy to expand its commercial portfolio with high-quality, large-scale developments.

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