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Government Approves 300-Acre Phase III Campus for Infopark

KOCHI: In a significant boost for Kochi’s IT sector, the state government has given in-principle approval for the establishment of the Infopark Phase III campus, which will span over 300 acres in the Kunnathunadu taluk. The proposal for the third campus was made by Infopark, as the first two phases are currently operating at full capacity. Discussions for land pooling driven by the Greater Cochin Development Authority (GCDA) were initiated; however, progress was hampered due to awaiting necessary clearances from the IT department. According to an order from the Electronics and Information Technology Department, “in-principle approval has been granted to…

360 ONE acquires 50% of Bluegrass Business Park for ₹2,400 Cr

Representative image created by AI NEW DELHI: 360 ONE Asset has acquired a 50% interest in Bluegrass Business Park from Brookfield Asset Management’s private real estate fund (Brookfield). The property, a two million sq ft office development located in Kalyani Nagar, Pune, was purchased for an estimated enterprise value of ₹2,400 crore (approximately $280 million). Occupying seven acres, Bluegrass Business Park includes a one million sq ft operational tower leased to Mastercard, alongside an office tower currently under construction that will feature street retail. Brookfield will maintain responsibility for the management, development, and leasing of the property. Shardul Amarchand Mangaldas…

EFC India to List on NSE August 20

NEW DELHI: EFC (I), a comprehensive office infrastructure and design services firm currently listed on BSE, is set to debut on the National Stock Exchange (NSE) on August 20. This listing is anticipated to enhance liquidity, strengthen investor confidence, and increase brand visibility. The company added 3,377 seats in the April-June quarter, bringing the total to 63,389, a remarkable 34.72% increase compared to the 47,051 seats during the same period last year. EFC’s net profit surged by 196% year-on-year to ₹46.7 crore in Q1 FY26, up from ₹15.8 crore last year. Operating income has nearly doubled, growing by 115% to…