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DRA Group, the Chennai-based real estate developer and Balajadia Family office – global investors and entrepreneurs from the Philippines, have signed a Memorandum of Understanding (MoU) for joint development of 1 million sq ft of Grade-A commercial and retail space in India under Phase 1, with an estimated investment value of $100 million. The ...

NEW DELHI: Chennai-based DRA Group has entered into a memorandum of understanding (MoU) with Philippines-based Balajadia Family office to create a special purpose vehicle (SPV) platform. This 50:50 joint venture will see the development of one million sq ft of grade-A commercial and retail spaces in Chennai and Bengaluru under phase-I, with an estimated ...

Chennai has also seen a large share of high-quality office infrastructure, with 64 per cent per cent of its inventory classified as Grade A, compared to the pan-India average of 53 per cent per cent Chennai’s total office stock has reached 92 million square feet as of H1 2025, contributing 10 per cent per ...

VISAKHAPATNAM: In a major boost to the city’s tech ecosystem, the state govt has allotted land parcels to five IT companies — including data centre projects — with a projected investment of 19,000 crore. For example, the govt approved the allotment of 3.6 acres at the IT SEZ in Madhurawada to Sify Infinit Spaces ...

G Square, the Chennai-based land aggregator and plot promoter, has enabled customers to tailor their plots based on their requirements. This allows buyers to express their interest in a location and share specific preferences such as plot size, shape, and facing. Generally, the company puts the layout and conveys to the customer about the ...

Ashiana Housing Limited is contemplating a total outlay of ₹425 crore towards senior living during FY2025–26, the company informed the bourses on Tuesday. Outlay includes payout to landowners, construction and execution costs and other project related expenses. A significant portion of this outlay is to be incurred towards expanding the company’s senior living portfolio. ...

NEW DELHI: Sumadhura Group has leased out five lakh sq ft of space to global businesses for office and retail use at Sumadhura Capitol Towers, in Whitefield, Bengaluru. The leasing transactions are projected to generate an annual revenue of ₹50 crore. Madhusudhan G, chairman & managing director of the company said, “Bengaluru’s Grade A+ ...