HYDERABAD IT SEZ

In May 2023, ET first reported that global insurance and asset management major Allianz Group and Shapoorji Pallonji Group were looking to exit the IT Special Economic Zone (SEZ) property and that GIC had emerged as the frontrunner to acquire the 2....

Brigade’s 2024 launch pipeline includes 14 residential projects in Bengaluru, Chennai and Hyderabad with Rs.10,000-cr development value.

CapitaLand India Trust (CLINT) acquires BlueRidge 3 phase 1, an IT SEZ project in Pune's Hinjewadi, for around Rs 773 crore. The acquisition strengthens CLINT's presence in Pune's IT market with leased tenants including Panasonic Avionics, Aptiv Com...

Mindspace Business Parks REIT has leased 4.5 lakh sq ft of office spaces in Q4, bringing its cumulative leasing for the year to 1.6 million sq ft. The REIT has seen strong demand with over 80% of new and pre-leasing by existing occupiers. It re-leas...

​​Adani Group representatives led by CEO of Adani Ports and SEZs Karan Adani and CEO of Defence and Aerospace Ashish Rajvanshi met Chief Minister Revanth Reddy in Hyderabad.

"Cognizant is re-evaluating its entire real estate portfolio and has given up rented properties in some geographies. In some cases, the company has renegotiated the rent and downsized the assets too," said multiple people aware of the deal.

Hinjewadi in Pune, Gachibowli, Nanakramguda, and Kokapet in Hyderabad, and Mount Poonamallee Road and Pallavaram-Thoraipakkam Road in Chennai are becoming popular office locations due to affordable rents, reasonable residential prices, and good conn...

GMR Hyderabad Aviation SEZ Ltd has signed a Land Lease Agreement with Safran to lease land in Hyderabad, India for Safran to build and operate an Engine MRO facility for LEAP turbofan engines. Occupying 36,500 sqm of built-up space across 23.5 acres...

Singapore's sovereign wealth fund, GIC, has purchased an information technology-special economic zone in Hyderabad's Gachibowli district from Phoenix Group for $141m. The deal includes the entire development of Phoenix Aquilla, which has two towers ...

Allianz Group and Shapoorji Pallonji's entity plan to sell their 2.5 million sq ft IT SEZ property Waverock in Hyderabad, with Apple, Accenture and TCS among the tenants. The property is expected to sell for around ₹2,000 crore. The property has att...

The company will be paying more than Rs 80 per sq ft as rent for the long-term lease, including escalations every three years, as per the terms of the agreement, said people in the know.

Bidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to approve APSEZ's offer, which will now be taken to the National Company Law Tribunal (NCLT) for the final appr...

The report points out that small-to-medium-sized transactions drove leasing activity with a share of 85%, which was largely stable on a Q-o-Q basis. The share of large-sized deals (more than 100,000 sq. ft.) increased marginally to 7% from 6% in Q2 ...

Miyapur has affordable housing options as well as prominent employment hubs

“We are pleased to partner with a global leader to help us build sustainable and world class projects for all our clients. We look forward for a long-term collaboration to meet the values and expectations of our customers in future as well,” said Sh...

While some of the workers were administered first aid in the medical centre in the SEZ, some others were shifted to nearby hospitals, police sources said. Some of the workers who fell sick were said to be pregnant. On June 3 too a similar incident o...

The seized assets are in the form of 15 immovable properties situated in the states of Telangana and Andhra Pradesh, the federal probe agency said in a statement.

The entire development, Phoenix Aquilla, has two towers spread over 1.8 million sq ft and the first tower with 7 lakh sq ft has already been completed and leased. Both the towers situated next to Amazon's operational campus are separate and independ...

GAHSL is a fully-owned subsidiary of GMR Hyderabad International Airport Ltd (GHIAL).