11th July 2025 : Infinity Fincorp Solutions (“Infinity” or “the Company”), a leading non-bank lender in India, has entered into Share Purchase and Subscription Agreement with Partners Group, whereby Partners Group will acquire a significant majority stake in the company. The investment of INR 19.5 billion (~USD 230 million) in Infinity was led by Partners Group with participation from existing shareholder Jungle Ventures. The investment includes a primary issuance of INR 6 billion (~USD 70 million) along with a secondary purchase from Indium IV (Mauritius) Holdings Limited, a Fund managed by Global Opportunity Advisors (Mauritius) Limited which is advised by True North Managers LLPand other shareholders.

Headquartered in Mumbai, Infinity serves unbanked and under-banked Medium Small & Micro Enterprise (“MSME”) across India, enabling small businesses and entrepreneurs to unlock their growth potential. The MSME sector credit gap has been assessed at INR 33 trillion and is currently growing at ~16% annually. With over 1,500 professionals, Infinity offers customized secured loans to entrepreneurs and small business owners from over 120 branches across eight states. Infinity has more than INR 12 billion (~USD 140 million) in assets under management. The Company has around 50,000 customers, many of which work in the agriculture, trading, and manufacturing sectors and are typically based in smaller towns and cities across the country.

Infinity operates in the MSME segment in India, which is benefitting from thematic tailwinds including strong economic growth, formalization of lending processes, growing government support, and rapid digitalization, which is accelerating the time taken from customer onboarding to loan disbursal. Infinity’s distinctive people-first culture and empowering work environment, combined with execution excellence, has established a sustainable competitive moat for the Company.

Strong capital position along with Company’s credit rating of A Stable and a diversified lender base will enable Infinity to have robust lines of capital available to meet the growth demands. Company will utilize the funds to accelerate the Company’s branch roll out and invest in technology to enhance customer onboarding and experience. The above-mentioned transaction is subject to approval of the Regulator.

Shrikant Ravalkar, Founder, MD & CEO Infinity, said, “We are dedicated to empowering entrepreneurs and business owners across Tier 3 towns in India, through flexible, need-based lending solutions that are designed to create long-term impact. Our rapidly expanding branch network which grew by over 50% last year combined with our relentless focus on customer service and a distinctive work culture, continues to set us apart. We welcome Partners Group and intend on leveraging their operational expertise to further broad base our mission of serving the Indian MSME sector. I would like to express our sincere gratitude to Indium IV (fund advised by True North Partners), whose unwavering support and belief in our vision since inception has been instrumental to our journey. A heartfelt thanks to our 1,500+ employees and pan-India partners who continue to be the backbone of our success.”

Nitin Nayak, nominee of Indium IV on Infinity’s board said, “Within a few years of inception Infinity has scaled up remarkably, demonstrating strong credit quality and healthy profitability. Its management, led by Shrikant Ravalkar, has a deep understanding of credit needs, supply gaps and market opportunity in the MSME space, and are on the path to building one of India’s most admired lenders in this space. We thank Partners Group for their endorsement of the Company’s performance and potential and welcome them as the new majority partner to support Infinity in its journey ahead.”

Vageesh Gupta, Managing Director, Private Equity, Partners Group, said, “The MSME segment contributes a significant share of national GDP and we expect demand for credit will continue to rise. We believe non-bank lenders such as Infinity have advantages in catering to these enterprises due to their highly specialized operations that are better suited to providing customized solutions. Infinity has been on an incredible growth journey and we look forward to working with Shrikant Ravalkar and the management team.”

Murali Krishnan Nair, Member of Management, Private Equity, Partners Group, added, “Our strong thematic focus on non-bank lenders in India and experience in scaling Aavas positions us well to work closely with Shrikant Ravalkar and his team to drive the next round of value creation. Infinity’s employee-centric culture coupled with deep market and customer understanding has created a strong foundation to build a lasting, high-quality institution.”

Arpit Beri, nominee of Jungle Ventures on Infinity’s board said,“ At Jungle Ventures, we are committed to support pioneering businesses that lead their categories with innovation and discipline. Infinity is a standout example of this ethos. The company is not only scaling rapidly but doing so with solid unit economics and prudent risk oversight. We have strong belief in the outstanding platform that Shrikant Ravalkar has built, and we look forward to its continued evolution and far-reaching impact.”

Sagar Agrawal Founder and Managing Partner of Beams Fintech Fund said, “We are excited to welcome Partners Group as the new majority shareholder in Infinity Fincorp. Partners Group entry marks a strong validation for the Company & given their vast experience in financial services, we believe Infinity is poised to build a strong business. We are also proud to continue our partnership with Jungle Ventures and Archerman Capital and reaffirm our strong support for Shrikant Ravalkar and the leadership team. Infinity has consistently demonstrated scale, discipline, and resilience in the high-potential Micro-LAP segment.

Avendus Capital acted as the exclusive financial advisor to Infinity and Indium IV (Mauritius) Holdings for the transaction.

Hyderabad’s Largest Showcase of Homes – Meet the City’s Leading Builders

Hyderabad: 10th July 2025: CREDAI, the Confederation of Real Estate Developers’ Associations of India, the country’s apex body of private real estate developers, announced the CREDAI Hyderabad Property Show, to be held from 15th to 17th August 2025 at HITEX Exhibition Centre. The theme of this year’s edition is ‘Choice is Yours’ — a powerful message that reflects the commitment to empowering homebuyers. The announcement was made in the presence of the CREDAI Hyderabad senior leadership team, comprising Mr. N Jaideep Reddy, President; Mr. B Jagannath Rao, President-Elect; Mr. K Kranti Kiran Reddy, General Secretary; Mr. Kurra Srinath, Convener; and Mr. Aravind Rao Mechineni, Co-convener for the property show, along with other office bearers, Mr. Manoj Kumar Agarwal, Mr. K. Anil Reddy, and Mr. Y. Ravi Prasad, Vice Presidents; Mr. Nitish Reddy Gudoor, Treasurer; and Mr. Sanjay Kumar Bansal and Mr. Sriram Musunuru, Joint Secretaries. The event was also graced by the Managing Committee members namely Mr. Susheel Kumar Jain, Mr. B. Jaipal Reddy, Mr. A. Venkat Reddy, Mr. C. Amarendher Reddy, Mr. B. Vinod Reddy, Mr. N. Venugopal, Mrs. Kavya Kavuri, Mr. Addula Gopal Reddy, EC Members, Mr. M. Nanda Kishore, Mr. Shrawan Kumar Gone, Mr. Piyush Agarwal, Mrs. Aishwarya, and Mr. R. Suresh Kumar.

CREDAI Hyderabad believes it’s time to debunk the myths around real estate and bring clarity, facts, and real opportunities to the forefront. The Property Show will be a one-stop solution offering homebuyers only RERA-approved projects from CREDAI Member Developers, ensuring the showcase of the most trustworthy properties under one roof. At the property show, the best projects in the city, featuring Apartment complexes, Villas, Plots, and Commercial Spaces across the length and breadth of the city of Hyderabad, will be on display.

Mr. N Jaideep Reddy, President, CREDAI Hyderabad, said, “Hyderabad’s real estate market continues to show a strong and positive outlook, backed by stable growth, consistent demand, and rising buyer confidence. In the month of May 2025 alone, property registrations crossed ₹4,300 crores, registering a 14% YoY growth. This strength is rooted in the city’s growing employment hubs, investor-friendly climate, and robust infrastructure. The future looks even stronger, with the city projected to add 200 million sq. ft. of office stock by 2030, driven by strong demand from global firms. The state government in the last budget announced major investments for the development of the city infrastructure, like the metro rail expansion, construction of elevated corridors, etc., set to reshape connectivity. Once all those projects are initiated on the ground in this financial year, the city will get a massive infrastructure upgrade and be ready for the future. The city is continuing to attract investments from major global corporations, ensuring consistent growth in job creation and demand for housing. The city is witnessing new project launches, with many new projects providing 50+ stories, highlighting confidence in the market. Moreover, the cut in the repo rates announced in the recent fiscal policy review by RBI will make home loans cheaper for homebuyers and should encourage them to purchase their dream homes without delay. In my opinion, this is the best time to purchase a property in the city and invest in the future, as the property prices are on the cusp of a rapid increase very soon.”

According to Mr. B. Jagannath Rao, President-Elect of CREDAI Hyderabad, “Hyderabad has established itself as a true Global City and has shown remarkable resilience through the business cycles. Hyderabad is attracting investments from a broad spectrum of industries, including IT, Manufacturing, Pharma and Life Sciences, EV, and Defence, etc., due to its state-of-the-art infrastructure, pleasant climate, availability of a talented workforce, business-friendly policies, and secure environment. In spite of the global turmoil, the city is acting as a preferred destination for global investors, and the sentiment in the city is positive. It is a good time to pick up a property in the city.”

Speaking about the Property Show, Mr. Kurra Srinath, Convenor CREDAI Hyderabad, said, “This year’s show is more than a real estate exhibition — it’s a celebration of choice, trust, and community. With over 70 reputed CREDAI developers under one roof, we bring you not just homes, but credibility and peace of mind. From affordable apartments to luxury villas, under-construction projects to ready-to-move-in homes — the choices are endless, and the decision is yours. We’ve also curated a vibrant cultural experience for families with live performances, energetic concerts, expert sessions, and food stalls. Hyderabad isn’t just growing — it’s evolving into a smarter, more connected city. Why spend weekends hopping from one site to another when the city’s best projects are all in one place? Visit the CREDAI Hyderabad Property Show from August 15–17 at HITEX, Hall 1 & 3. The Choice is Yours — but only if you show up. Step in, explore, and walk out one step closer to your dream home.”

Mumbai, 10th July 2025 – With a legacy of over two decades in delivering several landmark projects, Peninsula Land Limited, part of the Ashok Piramal Group, is now charting a new phase of growth, anchored by a strong commitment to plotted developments. The company has recently acquired two prime land parcels in Sogaon, Alibaug (11 acres) and Bhilawale, Karjat (~29 acres), marking a significant expansion of its footprint in high-potential micro-markets fuelled by increased connectivity and thereby a surge in demand for buying land within a short drive time from Mumbai.

The company had recently set up an INR 765 crore Real Estate development platform through an equity partnership with investors, Alpha Alternatives and Delta Corp, a milestone that signalled renewed investor confidence and a robust, future-ready pipeline.

Rajeev Piramal, Chief Executive Officer and Managing Director of Peninsula Land Limited, said: “This marks the first deployment of capital from our real estate platform and represents a focused commitment to growing our plotted development business. These projects reflect our belief in land as a timeless asset class. Our objective is to simplify land ownership by removing traditional barriers—whether it is ambiguous titles, counter-party risk, or poor infrastructure.”

While the plotted development space is heating up nationally, this is not uncharted territory for Peninsula Land. The company launched AshokVann in Pune in 2023, offering 321 plots, followed by AshokVistas in 2025, which featured 125 plots and received an overwhelming response—with nearly all inventory sold out on Day 1. These successes underscore the strong demand for quality plotted developments from trusted corporate developers. In addition to Pune, Peninsula Land has its plotted land portfolio across Nashik, Goa, and Lonavala, reinforcing its commitment to developing high-potential land destinations that align with lifestyle aspirations and future growth corridors.

The upcoming projects in Alibaug and Karjat are poised to offer buyers more than just land. Designed as premium plotted communities, they will feature modern infrastructure, curated amenities, and a secure living environment—elements rarely seen in standalone land transactions. These plots are targeted toward investors, second-home buyers, and urban families seeking a long-term lifestyle upgrade or a luxury getaway.

What sets these projects apart is the backing of a corporate developer, which brings the advantages of trust, transparency, and clear title—critical considerations for land buyers in a market often plagued by uncertainty. Peninsula Land’s institutional approach ensures rigorous due diligence, legal clarity, and structured delivery—offering peace of mind that standalone or informal land transactions often lack.

This vision aligns well with the ongoing infrastructure transformation in key regions. The Mumbai Trans Harbour Link (Atal Setu), upcoming Navi Mumbai International Airport, enhanced railway access, and a host of infrastructure projects are rapidly transforming Alibaug and Karjat into high-growth micro-markets. As accessibility improves, these regions are becoming increasingly attractive for Mumbai-based buyers, NRIs, and outstation investors looking for early-mover opportunities and capital appreciation.

With festive season launches in the pipeline, Peninsula Land is gearing up for a defining new chapter—rooted in legacy but shaped by forward-thinking vision. Its plotted development vertical is poised to be a core pillar of growth, bringing together the timeless value of land ownership with the trust, scale, and reliability of a corporate brand.

10th July, India 2025: Marking a major achievement, Hoopr, India’s first music licensing platform, has earned the trust of over 150 leading brands. From FMCG giants to leading E-commerce players, spanning Retail, Personal Care, Entertainment, Tech, BFSI, Sports, Media, and D2C, companies are increasingly turning to Hoopr for their music licensing and sonic branding requirements.

Partnering with an impressive roster of industry heavyweights, Hoopr is now trusted by names like Myntra, Meesho, Amazon, Marico, Flipkart, Ultratech Cement, Himalaya, ITC Bingo! Tedhe Medhe, Country Delight, Pocket FM, Cadbury, Sunsilk, and numerous other prominent brands. Hoopr is enabling brands across sectors to license music efficiently and compliantly for their content and campaigns. With demand accelerating, the company now aims to onboard 1,500 brands by the end of this financial year.

Over the last two years, increased enforcement against unlawful music usage—ranging from content takedowns to legal notices—has led to a sharp rise in the demand for quick and easy music licensing solutions. At the heart of this offering lies Hoopr Smash—India’s first fully-automated, self-serve music licensing marketplace—providing seamless access to over 18,500 tracks, including Bollywood, regional, and indie music from top labels such as YRF Music, Saga Music, Merchant Records, and Amara Muzik, to name a few. Hoopr Smash productizes music licensing at scale—making it affordable and accessible, not just for large enterprises, but also for mid-tail and long-tail brands, including emerging advertisers and content creators. In a key industry-first move, Hoopr has partnered with the Indian Performing Right Society (IPRS), opening up new revenue opportunities for music owners, publishers, and creators by enabling the legal use of their music in brand campaigns.

India’s booming content landscape, which is growing at a CAGR 22-25%, continues to suffer from a staggering lack of copyright oversight. Each month, over a million units of branded content are produced by more than 80,000 brands and 550,000 creators. Shockingly, 87% of this content infringes music copyrights, leading to a colossal ₹8,000–10,000 crore annual loss for the Indian music industry and almost ₹900 crore in unpaid royalties to artists and music owners.

Hoopr’s tech-first methodology empowers it to solve this critical industry issue from two angles: delivering effortless, transparent licensing solutions for brands and businesses, and establishing a fair and equitable revenue model for artists and music owners.

According to Gaurav Dagaonkar, co-founder & CEO of Hoopr, “Our aim with Hoopr is razorsharp – to develop a fair and transparent ecosystem for music licensing in India. Being able to work with over 150 B2B clients has given us a clear indication that we are part of the growing movement where brands now recognize the importance of using music that is legally compliant. Hoopr is at the forefront of building a parallel revenue stream for the Indian Music Industry to the tune of ₹3,600 crore. Our mid-term target is to contribute an additional ₹1,000 crore in royalty-led revenues for artists and labels, through micro-sync licensing on our platform, by FY’30.”

Meghna Mittal, co-founder & CRO of Hoopr, stated, “We’re excited to have reached this milestone, but our vision goes far beyond these numbers. As more brands begin to recognize the importance of music licensing, it’s crucial to address the long-standing issue of artists going unpaid. Hoopr’s tech-first approach simplifies this process—powered by real-time reporting and built-in compliance—to offer fast, transparent, and reliable music licensing solutions. With Hoopr Brand Solutions and our proprietary AMP framework, we empower brands to create impactful, culturally relevant campaigns while ensuring fair compensation for artists. This achievement strengthens our commitment to supporting India’s evolving music and brand landscape.”

Ras Al Khaimah, UAE, 9 July 2025: Major Developers announced the acquisition of a prime land parcel in RAK Central, Ras Al Khaimah’s new commercial and administrative hub.

The move marks a significant milestone in the company’s expansion strategy and underscores its commitment to supporting the emirate’s infrastructure-driven ambitions under RAK Vision 2030, Ras Al Khaimah’s strategic framework to achieve sustainable, diversified, and globally competitive growth.
“With RAK Central, we’ve created a mega-development that is structurally aligned with regional growth, global investment patterns, and national diversification goals. Major Developers’ decision to invest in this multi-use destination is a testament to Ras Al Khaimah’s growing clout as a durable economic engine driving further progress. We welcome their participation in the evolution of RAK Central and look forward to a landmark addition to its evolving identity,” said Abdulla Al Abdouli, Chief Executive Officer, Marjan.

“RAK Central represents a high-potential economic zone, and we see it as a natural extension of our growth strategy,” said Andrei Charapenak, CEO, Major Developers. “Every square foot we develop is driven by precision, performance, and investor confidence. This project enables us to deploy our design-led construction, financial foresight, and value-oriented execution in a district that reflects these very principles. Ras Al Khaimah’s infrastructure-first vision aligns seamlessly with our commitment to long-term capital appreciation, global partnerships, and regionally impactful development.”

Building on the success of its flagship Manta Bay development at Al Marjan Island, Major Developers is now extending its hallmark approach to RAK Central. This strategic acquisition further deepens the company’s alignment with the emirate’s long-term economic transformation and reflects a growing partnership with Ras Al Khaimah.

RAK Central stands out as a high-potential investment zone, offering 100% foreign ownership, low corporate taxation, and a future-ready master plan. Anchored in a ‘Work–Live–Play’ philosophy, the district is designed to attract regional headquarters, business expansions, and commercial operations through its integrated infrastructure and investor-friendly ecosystem.

The RAK Central master plan includes:

• Three million sq. ft. of rentable office space
• 4,000 residential apartments
• Four hotels offering 1,000+ keys
• Extensive parks, green spaces, and pedestrian zones
• Retail and entertainment precincts
• Over 1,000 visitor parking spaces across interconnected buildings

Development is already underway on RAK Central HQ, which will serve as the district’s primary business complex and anchor the wider commercial offering.

Major Developers identifies RAK Central as a focal point for investors seeking credible returns within a stable, growth-oriented ecosystem. The district’s diverse master plan positions it as a magnet for regional headquarters, business expansions, and commercial activity.

All aspects of Major Developers’ upcoming project in RAK Central will be guided by its founding principles: uncompromising quality, data-informed execution, and outcomes measured by long-term asset performance. From architectural identity to operational delivery, the project aims to raise the standard for real estate in the emirate.

With construction already underway at RAK Central HQ, Major Developers’ entry is set to accelerate RAK Central’s emergence as the emirate’s premier destination for business, investment, and high-performance real estate.

Mumbai, 8 July 2025: The real estate market’s unprecedented post-pandemic growth across sectors has seen large and listed developers, as well as other entities, hectically snapping up land for various developments. Besides residential real estate, commercial, retail, industrial & logistics, and warehousing are also driving prime land deals in key locations across India.

This land buying spree continued unabated in the first half of 2025, breaking all previous records and defying the overall sombre sentiment brought on by ongoing geopolitical tensions in other industries.

Over 2,898 acres of land were transacted in 76 deals across India in H1 2025, finds the latest ANAROCK report titled ‘Land as Capital: Decoding India’s Land Transaction Patterns and Investment Flows’. The total volume of the land transacted so far in 2025 is already 1.15 times the deals volume seen in the whole of 2024, which saw about 133 deals for 2,515 acres concluded.

The total value of the land transacted in H1 2025 was INR 30,885 Cr, with a revenue potential of approx. INR 1.47 lakh Cr and a total development potential of over 233 Mn sq. ft.

The report further highlights that of the total land deals closed in H1 2025, over 67 for approx. 991 acres took place in the top 7 cities alone. The remaining 9 deals for 1,907+ acres were in tier 2 and 3 cities like Ahmedabad, Amritsar, Coimbatore, Indore, Mysuru, and Panipat.

Among the top 7 cities, land-scarce MMR saw the most action with 24 land deals for 433+ acres, followed by Bengaluru with 15 land deals for approx. 182 acres, and Pune with 13 deals for over 214 acres.

Of the total land deals in H1 2025:

At least 54 separate deals for over 1,200 acres are proposed for residential developments – apartments, villas, plotted development & township projects
At least 8 deals for approx. 48.41 acres are proposed for commercial projects, and 6 deals for approx. 1,034 acres are proposed for mixed-use development
Over 537 acres in 3 separate deals proposed for Industrial & Logistics parks
One deal each for data centres and semiconductor equipment manufacturing, with approx. 2.39 acres and 25 acres, respectively

AI-generated content may be incorrect.Mayank Saksena, MD & CEO – Land Services, ANAROCK Group, says, “The post-pandemic years from 2021 onwards have seen a relentless spate of land deals. Between 2021 and H1 2025, over 11,858 acres have been transacted in 423 deals across the country for various developments. The scale and sophistication of these deals, which account for a combined development potential of 841 Mn sq. ft., underscore the real estate market’s maturation – and the strategic importance of land as a cornerstone resource.”

“The emergence of tier II/III cities as significant contributors to the national land transaction ecosystem is also noteworthy,” adds Saksena. “These markets, once considered peripheral to mainstream real estate activity, now represent an inalienable component of the Indian real estate growth horizon – challenging the historical metro-centric model and inducing a healthier geographic distribution of economic opportunity.”

The top developers who bought land parcels for various developments in H1 2025 included Godrej Properties, Puravankara Limited, Signature Global, M3M Group, Brigade Group, Macrotech Developers (Lodha), Prestige Group, Kolte Patil Developers, Mahindra Lifespaces, and Adani Realty, among others.

Other Major Report Highlights

Between 2021 and 2024, NCR witnessed the highest number of land deals (92) in the country, as well as the largest value of land transactions – approx. INR 26,100 Cr

MMR saw the highest-valued land transaction of INR 5,200 Cr in 2023, and the largest size of land transactions with 1,745 acres

Hyderabad saw one largest land transaction of 600 acres in this period

The Rise of JDAs – The increasing prevalence of Joint Development Agreements, with a remarkable 150% year-on-year growth in 2024, reflects the industry’s strategic evolution toward collaborative risk management and capital optimization. The report highlights this trend which, combined with infrastructure-driven development patterns along economic corridors, suggests an increasingly sophisticated and interconnected approach to real estate development emerging.

Pune’s Office Sector Records Highest Gross Leasing Volume with 6.8 Million Square Feet in H1 2025, Poised to Cross Historic 10 MSF Mark This Year: Cushman & Wakefield

Pune, 8th July 2025 — Pune’s office market is on track to set a new leasing benchmark in 2025, having recorded its highest-ever gross leasing volume (GLV) for a half-year period at 6.8 million square feet (msf), in H1 2025 (Jan-June), a 67% year-on-year increase and a 54% rise over H2 2024, according to Cushman & Wakefield’s latest Q2 Office MarketBeat Report. GLV factors in all leasing activity in the market, including fresh take-up, renewal of contracted terms by corporates as well as pre-leasing, and is an indication of overall market activity. The city contributed 16% (6.8 msf) to the pan-India GLV of 42 msf in H1 2025, ranking among the top 4 markets alongside Bengaluru (9.9 msf), Mumbai (8.2 msf) and Delhi NCR ( 7.4 MSF).

This strong momentum was driven by robust demand from sectors such as Engineering & Manufacturing, IT-BPM and Flexible workspaces, which together, accounted for ~4.6 msf (close to 70% share) in H1 2025. A total of ~2.7 msf of GCC transactions recorded in H1 2025, of which BFSI, Engineering and Manufacturing and IT-BPM were the top contributors to the GCC with a share of 36%, 51% and 10% respectively.

Flexible Workspaces also continued their upward trajectory, further cementing Pune’s position as the second-largest flex market after Bengaluru. Over the past three years, Flexible Workspaces in Pune have maintained an average annual footprint of 1.56 msf, accounting for around 19% of the city’s overall GLV.

Supply Pipeline continues to remain strong

On the supply side, Pune saw a healthy infusion of new office space in the second quarter, with nearly 8 MSF of new supply added in H1 2025, comprising primarily 90% Grade A and A+ office space. This increase in supply has resulted in a marginal rise in vacancy levels to 12–13%, a shift that is being viewed positively by market participants. After several years of vacancy rates staying below 10%, this evolution toward a more balanced market environment is facilitating swifter deal closures and offering greater options to occupiers seeking large contiguous spaces.

By the end of 2025, with continued quality additions to stock, vacancy is projected to rise to 15–16%, making it a more balanced market. The city is expected to cross 15 MSF in new office supply by year-end, marking a historic high for the Pune office market.

Commenting on the performance, Moinuddin Patel, Managing Director- Pune, Cushman & Wakefield said: “Pune’s office market is poised to achieve a historic milestone in 2025, with gross leasing volumes projected to exceed 10 million square feet for the first time. This anticipated record is underpinned by sustained demand across key sectors. The continued momentum in the flexible workspace segment, the resilience demonstrated by engineering and manufacturing occupiers, and the steady expansion of Global Capability Centres (GCCs) collectively underscore Pune’s growing strategic importance within India’s commercial real estate landscape. Supported by a healthy pipeline of high-quality supply and a more balanced, occupier-friendly environment, the city is well-positioned to cater to the evolving space requirements of both domestic and global enterprises.”

Bengaluru, July 08, 2025: KVN Properties LLP, the institutionally backed real estate investment platform led by industry veteran Venkat K Narayana, has announced a strategic Development Management Agreement (DMA) with Assetz Group to develop a premium residential project in North Bengaluru. The milestone partnership encompasses close to 1 million square feet of development with an estimated Gross Development Value (GDV) of INR1,000 crore, marking a significant expansion of KVN’s residential portfolio.

This agreement elevates KVN’s cumulative tied-up residential development in FY 2025–26 to approximately 4.4 million square feet, following the company’s May 2025 announcement of a 3.4 million square feet joint development with Puravankara Group. The partnership with Assetz Group reinforces KVN’s ambitious target of developing 10 million square feet of residential real estate within the current fiscal year.

Under this strategic DMA model, KVN Properties will undertake the project’s development costs, including land procurement and all construction expenses. Assetz Group, renowned for its premium design-led development and deep micro-market expertise, will serve as the Development Manager, contributing its brand equity, market reputation, and execution capabilities.

“Our DMA with Assetz is a strong statement of our capital strength and commitment to delivering high-quality urban communities. This is a high-conviction investment backed entirely by KVN Properties where we are not only aggregating land but building a portfolio of end-to-end residential developments that combine intelligent planning, financial discipline, and customer-centricity. As we scale to 10 million square feet this fiscal, our goal remains clear: create exceptional living spaces in high-growth corridors with the right partners and a disciplined investment approach,” says Venkat K Narayana, Promoter, KVN Property LLP.

“North Bangalore is a high-growth corridor with a discerning buyer base. This partnership allows us to co-create a landmark project that reflects KVN’s commitment to community-focused development and our passion for design-driven living. The DMA ensures both creativity and discipline, enabling agility without compromising quality. We see strong long-term alignment between Assetz and KVN Property Holdings, given our shared institutional and professional approach to real estate. This marks the beginning of what we believe will be a successful, multi-project collaboration across Bengaluru. The 5.6-acre parcel in North Bengaluru aligns well with our strategy to deliver quality residential apartment development in high-growth markets backed by strong economic drivers.” says Sunil Pareek, Executive Director, Assetz Pvt Ltd

The project is structured as a single-phase development over 3-4 years, commencing post-approval of all development permissions including RERA registration. Leveraging both partners’ deep institutional knowledge of North Bengaluru’s evolving real estate landscape, the residential configurations are being meticulously tailored to meet local demand trends. The DMA includes detailed guidelines on unit types, sizes, and amenity planning, ensuring the final product responds to buyer expectations while maintaining brand differentiation.

KVN Properties is rapidly building a high-quality portfolio anchored in land aggregation, risk-managed development, and curated partnerships. The platform continues pursuing strategic opportunities in Bangalore while actively exploring expansion into Mumbai, Pune, Hyderabad, and Chennai.

KVN’s aggressive expansion occurs against the backdrop of a buoyant Bangalore residential market, which posted 14% year-on-year price growth in H1 2025, highest in India alongside NCR. Fueled by the city’s thriving tech and startup sectors, rising income levels, and infrastructure upgrades, demand for premium housing continues outpacing supply. North Bangalore is emerging as the most dynamic sub-market, supported by connectivity initiatives like the Peripheral Ring Road and proximity to Kempegowda International Airport. Buyer preferences are shifting toward well-amenitized, design-forward homes, trends that KVN and Assetz aim to capture in this landmark development.

Delhi NCR|July 8, 2025: According to a recent Knight Frank India report, Delhi NCR has surpassed Mumbai in the ultra-luxury category, leading sales across segments such as ₹10–20 crore, ₹20–50 crore, and ₹50 crore-plus. Long known for its sprawling suburbs and corporate hubs, Delhi NCR has now emerged as the hottest destination for luxury homebuyers in India—outpacing even high-end markets like Mumbai in the race for ultra-premium living. The region is buzzing with cranes, construction, and a renewed ambition for luxury lifestyles.

Within Delhi NCR, several areas are making headlines when it comes to luxury. Noida’s Sector 150, with its green spaces and golf courses; South Delhi’s posh neighborhoods like Vasant Vihar and Greater Kailash and Gurugram’s emerging markets such as Dwarka Expressway, New Gurugram, SPR, and Golf Course Extension Road are all witnessing strong growth in luxury housing demand. Gurugram, in particular, has become the heart of this transformation.

The Dwarka Expressway corridor is alive with excitement as top developers unveil high-end projects that promise not just homes, but curated lifestyles. Upcoming branded residences, integrated townships, and luxury apartments by renowned developers are designed not just as buildings, but as communities tailored for those who demand the best. With amenities like private cinemas, sky lounges, and wellness spas, Gurugram’s newest addresses are attracting everyone from successful entrepreneurs to celebrities.

Gurugram’s unbeatable connectivity, modern infrastructure, and vibrant social scene give it a distinct edge. The Knight Frank India report also states that over 80% of all home sales in NCR this year have been in the ₹1 crore-plus segment, reflecting a 17% year-on-year growth. It’s clear that owning a luxury home today is not just about status, it’s about investing in a future-ready lifestyle full of possibilities.

For many, moving into a luxury home in Gurugram or its neighboring micro-markets is not just a financial decision, it’s the realization of a dream. It’s about morning walks in landscaped gardens, evenings in rooftop pools, and weekends hosting friends in elegant living rooms. As Delhi NCR steps confidently into its role as India’s luxury housing capital, Gurugram stands tall, welcoming a new generation of dreamers and doers.

Mr. Adil Altaf, Managing Director, Trinity says “The latest Knight Frank India reports highlights a remarkable shift in India’s luxury real estate landscape, with Delhi-NCR decisively outpacing Mumbai in ultra-luxury home sales across the ₹10–50 crore and ₹50 crore-plus segments. This surge is driven by a 2,550% year-on-year growth in ₹50 crore-plus sales reflects robust demand, rising affluence. and a clear preference for premium living in NCR’s prime corridors, especially Gurugram. The region’s momentum signals sustained investor confidence and evolving buyer aspirations.”

Mr. Harinder Dhillon, National Sales Head said, “The remarkable performance of Delhi-NCR in the ultra-luxury segment, as highlighted in the Knight Frank H1 2025 further reinforces the region’s growing prominence as a high-value residential hub. Notably, the ₹2–5 crore segment has seen the most traction, reflecting rising demand for premium yet accessible homes. The Dwarka Expressway has been central to this shift, emerging as a preferred destination for both end-users and investors. Beyond its robust infrastructure and superior connectivity to IGI Airport, Dwarka, Cyber City, and Golf Course Road, the corridor appeals to modern buyers seeking holistic lifestyles that integrate wellness, green spaces, and sustainable design. It marks a clear move toward integrated living that prioritizes both long-term value and quality of life.”

Mr. Mohit Agarwal, Business Head, Conscient Infrastructure Pvt. Ltd. Said, “Luxury homes are becoming the new normal for young buyers in Gurugram, driven by a blend of aspirational, investment acumen, and lifestyle expectations. With high-end infrastructure, immaculate connectivity, and a thriving corporate ecosystem, Gurugram offers the apt standards of living that appeals to millennials and young professionals seeking more than just a residence. They seek smart features, holistic amenities, and a community-centric environment. The surge in high-rise luxury developments, coupled with attractive property offerings, reflects a generational shift where young buyers view luxury real estate as both a status symbol and a smart investment tactic. New Gurugram, in particular is emerging as a seamless blend of modern luxury and strategic urban planning, making it a hotspot for discerning young homeowners. Gurugram’s dynamic growth pattern further ensures that luxury living is not just a fleeting trend, but the new benchmark for urban homeownership.”