Mindspace REIT to Invest Rs.3,500 Crore in New Offices

02 Aug 2024 CW Team

Mindspace Business Parks REIT has announced plans to invest ?3,500 crore in the development of new office properties. This substantial investment aims to expand its portfolio and cater to the growing demand for office spaces in key urban centers.

The REIT?s investment strategy focuses on developing high-quality office spaces that meet the evolving needs of businesses and tenants. By enhancing its property portfolio, Mindspace REIT seeks to capitalize on the recovery of the office real estate market and provide attractive investment opportunities for stakeholders.

The new developments will be strategically located in prime business districts, ensuring high visibility and accessibility. This expansion is expected to boost the REIT's rental income and overall valuation, reinforcing its position as a leading player in the commercial real estate sector.

Mindspace REIT's commitment to significant capital expenditure reflects its confidence in the market's growth potential and its dedication to delivering superior office spaces.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

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The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

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