Phoenix Mills' 5.1 Million Sq Ft Office Expansion Sparks Growth

18 Jan 2024 CW Team

Phoenix Mills, a prominent player in retail-centric real estate, is set to elevate its portfolio with a robust expansion plan. The company's strategic move involves adding a substantial 5.1 million square feet to its office properties within the next three years. This expansion aligns with the evolving dynamics of the real estate market, especially in the commercial sector. The company's commitment to providing quality office spaces reflects a keen understanding of the growing demand for such facilities. With this substantial addition, Phoenix Mills aims to cater to the increasing needs of businesses seeking modern and well-equipped office environments. The strategic foresight embedded in this expansion positions Phoenix Mills as a key player in shaping the future landscape of commercial real estate. This move not only underscores Phoenix Mills' dedication to enhancing its real estate offerings but also signifies a noteworthy contribution to the broader economic ecosystem. As businesses continue to evolve, Phoenix Mills is poised to play a pivotal role in providing dynamic and contemporary office spaces, fostering innovation and growth. This strategic initiative is a testament to the company's forward-looking approach in adapting to market trends and meeting the evolving needs of the business community.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..