India's first retail REIT Nexus Select Trust acquires Vega City Mall in Bengaluru for ₹913 crore

Nexus Select Trust paid a purchase consideration of ₹869.7 crore, with the remaining amount allocated for planned capital expenditure and closing costs

Blackstone-backed Nexus Select Trust, India’s first retail real estate investment trust (REIT), has acquired Vega City Mall in Bengaluru for ₹913 crore, the company informed in a regulatory filing on February 13.

It said that the company has closed the acquisition of Vega City Mall, Read More

‹ Uber-Luxury Housing in Hyderabad is the Next Frontier in Indian Real Estate

From banking to buildings, Ashwinder R Singh’s journey as an inspiring leader in Indian real estate ›

Other recent news

6 Mar 2025

Global luxury real estate booms; Delhi & Bengaluru climb rankings: Report

Backed by strong demand and healthy returns on investments, the global luxury real estate market has seen substantial growth.

6 Mar 2025

Bengaluru vs Dubai: Redditors weigh in on soaring property rents and investment potential

The affordability crisis has ignited discussions on Reddit if Bengaluru's apartment rentals still offer value for money or Dubai is a better alternative

5 Mar 2025

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?

Mysuru's real estate market is emerging as an attractive alternative to Bengaluru for homebuyers and investors alike, say experts

6 Mar 2025

Global luxury real estate booms; Delhi & Bengaluru climb rankings: Report

Backed by strong demand and healthy returns on investments, the global luxury real estate market has seen substantial growth.

6 Mar 2025

Bengaluru vs Dubai: Redditors weigh in on soaring property rents and investment potential

The affordability crisis has ignited discussions on Reddit if Bengaluru's apartment rentals still offer value for money or Dubai is a better alternative

5 Mar 2025

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?

Mysuru's real estate market is emerging as an attractive alternative to Bengaluru for homebuyers and investors alike, say experts

Let's Connect Deeper

I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.

Let's Connect Deeper

I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.

Let's Connect Deeper

I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.