Mindspace Business Parks REIT, a real estate investment trust (REIT), has acquired a commercial asset, Commerzone Raidurg, a Grade A office campus in Hyderabad’s Madhapur locality for Rs 20.38 billion. The acquisition was made through a 100 per cent stake in Sustain Properties, which holds a 65.5 per cent share in the asset. The asset has a leasable area of 1.82 million square feet, part of a larger 2.8 million square foot area. Further, the asset is fully leased. The deal is subject to shareholder approval. With this acquisition, Mindspace REIT’s portfolio will expand from 34.8 million square feet to 36.6 million square feet.
Data Surge: Faster speeds, growing consumption
The Indian telecom sector has witnessed several important developments during the past year, marked by the introduction of the draft National Telecom Policy, 2025 and the National Broadband Mission (NBM) 2.0. Industry experts discuss the […]
MNRE establishes efficiency standards for solar modules, inverters, and batteries
The Ministry of New and Renewable Energy (MNRE) has issued the Solar Systems, Devices, and Components Goods Order, 2025, setting performance standards for solar modules, inverters and storage batteries. The order aims to improve the […]
Financing Wave: Policy reforms and private capital drive infrastructure investment
India’s infrastructure financing landscape has transformed over the past few years, driven by strong policy support, regulatory reforms and expanding capital sources. Recent changes in areas such as land acquisition, dispute resolution and environmental clearances […]