Bullseye!
Real Estate

Bullseye!

It is not only Wimbledon; but the hot real estate space in London which is also attracting Indians. Especially, Indian developers´ interest in marquee London properties seems to be rising steadily. After Lodha Group´s Rs 3,000-crore acquisition in the foreign land, yet another Indian firm, Indiabulls Real Estate, bought an iconic building in London´s Mayfair for Rs 1,550 crore. Spearheaded by Sameer Gehlaut, Chairman, Indiabulls Group, the company has bought the 87,444-sq ft property from Scottish Widows Investment Partnership, which had put the property up for sale. The new owner plans to redevelop the property into a high-end residential tower. This marks the third-big ticket investment in London by an Indian firm. This is the first foray for Indiabulls into the international property market and the company under its Chairman´s guidance plans to steadily build a portfolio of projects in London.

It is not only Wimbledon; but the hot real estate space in London which is also attracting Indians. Especially, Indian developers´ interest in marquee London properties seems to be rising steadily. After Lodha Group´s Rs 3,000-crore acquisition in the foreign land, yet another Indian firm, Indiabulls Real Estate, bought an iconic building in London´s Mayfair for Rs 1,550 crore. Spearheaded by Sameer Gehlaut, Chairman, Indiabulls Group, the company has bought the 87,444-sq ft property from Scottish Widows Investment Partnership, which had put the property up for sale. The new owner plans to redevelop the property into a high-end residential tower. This marks the third-big ticket investment in London by an Indian firm. This is the first foray for Indiabulls into the international property market and the company under its Chairman´s guidance plans to steadily build a portfolio of projects in London.

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement