Mirae Asset has made its first acquisition in the logistics sector, purchasing a facility with over 300,000 sq ft of leasable space.
Since Celeste's launch in October 2022, the company has sold 870 homes with a booking value of approximately Rs435 crore.
Credit rating limits for bank facilities worth Rs4,500 crore has been reaffirmed at ICRA AA+/ICRA A1+.
The average property rate increased 13.9% year on year.
The project will have an estimated revenue potential of approximately Rs2,500 crore.
3,08,940 units were sold in 2022, up from 2,05,940 units in 2021.
The proposed development on 14.27 acres of land will have an estimated revenue potential of approximately Rs3000 crore.
The portfolio comprises of 5 completed HAM Assets.
The proposed ‘Development of Enterprise and Service Hubs’ (DESH) Bill entails replacing the old SEZ Act and will aid in attracting a wider set of occupiers in SEZ office parks, where listed REITs have disproportionately high exposure.
Signs framework agreement on Rajgarh Transmission Ltd
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