Tag: Phoenix Mills

CommercialLatest Stories

Accenture Leases 600K Sq Ft in Pune for ₹325 Crore GCC Plan

Sure! Here’s the rewritten content with a fresh flow: MUMBAI: Accenture has signed a long-term lease for over 600,000 sq ft of office space, spanning nine floors at Phoenix Millennium Towers in Pune’s Baner area. This agreement extends for more than 15 years, as confirmed by sources familiar with the deal. The global technology and consulting firm intends to establish a Global Capability Centre (GCC) at this location, with the move scheduled to occur in two phases, concluding in June. The total rental expenditure is projected to exceed ₹325.37 crore over the lease duration, with phase I costing ₹194.16 crore…

IndustryLatest Stories

Real Estate Stocks Drop on Weak Demand Worries

MUMBAI: Real estate stocks experienced a decline on Wednesday, marking a third consecutive session of losses. Investors took profits amidst concerns over slowing demand. The realty index dropped by more than 2%, accumulating a total decline of 3.5% over the past three days, in contrast to a 1.1% dip in the benchmark Nifty. Out of the 10 stocks in the index, eight recorded losses on Wednesday. Godrej Properties fell by 4%, while DLF and Oberoi Realty decreased by 3.5% and 2.8%, respectively. Lodha Developers and Phoenix Mills each saw declines of over 2%. “Profit-taking in realty stocks follows last year’s…

IndustryLatest Stories

Top 25 Real Estate Firms Hit ₹6.1 Lakh Crore Market Cap by 2025

Representative image created by AI NEW DELHI: Macrotech Developers, renowned for its Lodha brand, has secured its position as India’s top real estate company in the 2025 Grohe-Hurun India Real Estate rankings, based on market capitalization as of March 31, 2025. With a market cap of ₹1,29,400 crore, the Mumbai-based firm continues to lead the standings, reflecting robust investor confidence and stellar performance within the Indian property sector. DLF follows closely with a market cap of ₹1,15,100 crore, while Phoenix Mills rounds out the top three at ₹47,800 crore. The report indicates that the total market capitalization of the 25…