1.US$ 970 mn PE inflows in retail hit five-year high in 2019

Reports a 19% share of the total US$ 5 bn in overall Indian real estate

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2.Allcargo partners with Blackstone to develop logistics parks

Blackstone will invest up to Rs 3.80 billion in Allcargo to develop industrial and logistics parks across the country

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3.Government-led reforms to boost hotels sector growth

Nine out of the top 11 markets witness a rise in RevPAR performance

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4.Bounce India with Knight Frank to launch its first trampoline theme park

Bounce India plans to expand its business across India by opening six to seven more centres

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5.JSW Steel supplies high-quality TMT Rebars for metro-rail projects

Metro-rail construction to boost JSW Steel’s supplies by over Rs 6 billion in FY20

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6.Government led reforms to boost hotels sector growth

Reduction in GST for premium and luxury hotels and significant cut in corporate tax.

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7.NHRCL expedites works for upcoming Mumbai-Ahmedabad Bullet train project

The National High Speed Rail Corporation (NHRCL) has set the ball rolling on fast-tracking the pre-construction work of the Mumbai-Ahmedabad Bullet train that stretches across 508 km. The High-Speed-Rail (HSR) line is estimated to cost Rs 1.08 trillion and will be expected to become functional by 2023 following the boost in construction.

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8.Logistics leasing crossed 13 mn sq ft in H1 2019; records 31per cent growth YoY

Logistics leasing in the country has recorded a growth of 31 per cent on a yearly basis, crossing 13 million sq ft, as per a CBRE South Asia report titled ‘India Industrial and Logistics Market View, H1 2019’. Mumbai, Chennai and Bengaluru accounted for more than 60 per cent of the leasing activity

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9.Adani Airports to invest 100 billion in airport business post bidding win

The frontrunner of Adani Group, Adani Enterprises (AEL), has committed a hefty investment of Rs 100 billion in the airport business through its subsidiary Adani Airports by 2026.

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10.Our entry into the affordable housing segment has been a major factor

Brigade is one of India’s leading developers with over three decades of experience in building positive experiences for all its stakeholders.

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