Updates

K RAHEJA GALAXY ASTRA — New Project Coming Up in Mohammadwadi, Pune

K RAHEJA GALAXY ASTRA is a new launch project by K RAHEJA in Mohammadwadi, Pune — priced from Rs. 91.38 Lakh onwards, 134 units, RERA PR1260002502831.

K RAHEJA MAHALUNGE — New Project Coming Up in Mahalunge, Pune

K RAHEJA MAHALUNGE is a new launch project by K RAHEJA in Mahalunge, Pune — 7.4 acres, RERA PR1260002501597.

K RAHEJA KANDIVALI EAST — New Project Coming Up in Ashok Nagar, Kandivali East, Mumbai

K RAHEJA KANDIVALI EAST is a new launch project by K RAHEJA in Ashok Nagar, Kandivali East, Mumbai — 5.75 acres.

K RAHEJA AURUM — New Project Coming Up in Mohammadwadi, Pune

K RAHEJA AURUM is a new launch project by K RAHEJA in Mohammadwadi, Pune — priced from Rs. 2.25 Cr onwards, RERA PR1260002500264.

K RAHEJA MULUND WEST — New Project Coming Up in Mulund West, Mumbai

K RAHEJA MULUND WEST is a upcoming project by K RAHEJA in Mulund West, Mumbai — 3.7 acres.

K RAHEJA GALAXY — New Project Coming Up in Mohammed Wadi, Pune

K RAHEJA WORLI — New Project Coming Up in Worli, Mumbai

K RAHEJA MADHAPUR — New Project Coming Up in Madhapur, Hyderabad

K RAHEJA SOBO CENTRAL RESIDENCES (HAJI ALI MALL REDEVELOPMENT) — New Project Coming Up in Haji Ali, Mumbai

K RAHEJA TARDEO (BAYSIDE MALL & POPULAR PRESS REDEVELOPMENT) — New Project Coming Up in Tardeo, Mumbai

K RAHEJA CHALET HOTELS RESORT, VARCA, GOA — New Project Coming Up in Varca, Goa

K RAHEJA CHALET HOTELS RESORT, BAMBOLIM, GOA — New Project Coming Up in Bambolim, Goa

K RAHEJA CHALET HOTELS RESORT, TRIVANDRUM — New Project Coming Up in Thiruvananthapuram

K RAHEJA KURLA — New Project Coming Up in Kurla East, Mumbai

K RAHEJA FAMOUS STUDIOS REDEVELOPMENT — New Project Coming Up in Mahalaxmi, Mumbai

K Raheja Corp Launches 'Ekta Ki Dhun' Musical Film for Independence Day, Its Fourth Consecutive Year of Festive Storytelling

K Raheja Corp released 'Ekta Ki Dhun,' an original Independence Day musical film uniting five of its business verticals, continuing a four-year tradition of festive brand storytelling.

DBS Bank India Sanctions ₹520 Crore Construction Finance for K Raheja Corp's LEED Platinum Commercial Tower in Balewadi, Pune

DBS Bank India has extended a ₹520 crore construction finance facility to a K Raheja Corp SPV for a new 1.1 million sq ft Grade A commercial tower in Balewadi, Pune.

Chalet Hotels (K Raheja Corp Group) Signs Binding MoUs with Mindspace REIT for New ATHIVA-Branded Hotels in Pune and Hyderabad

Chalet Hotels has entered binding MoUs with two Mindspace Business Parks REIT SPVs to lease hotel premises in Pune and Hyderabad, adding 381 rooms under its upper-upscale ATHIVA brand.

Mindspace Business Parks REIT (K Raheja Corp Group) Reports Q1 FY27 Results: Net Operating Income Rises 28% to ₹788 Crore

Mindspace Business Parks REIT, sponsored by K Raheja Corp, posted a 27.8% YoY rise in net operating income to ₹788 crore for Q1 FY27, alongside record occupancy and revenue growth.

Chalet Hotels (K Raheja Corp Group) Board Recommends Deloitte Haskins & Sells as New Statutory Auditor for Five-Year Term

Alongside its Q1 FY27 results, Chalet Hotels' board recommended appointing Deloitte Haskins & Sells Chartered Accountants LLP as its new statutory auditor for a five-year term, subject to shareholder approval.

Chalet Hotels (K Raheja Corp Group) Reports Q1 FY27 Results: Core EBITDA Up 15%, Consolidated PAT Falls 58% YoY on High Base Effect

Chalet Hotels' board approved unaudited Q1 FY27 results showing strong core hospitality and commercial real estate growth, even as consolidated profit fell sharply due to the absence of a large one-off residential sale recorded a year earlier.

K Raheja Group Appoints Vijayta Nikhil Raheja as Chief Executive Officer

K Raheja Group has elevated Vijayta Nikhil Raheja, previously the Group's Chief Operating Officer, to the newly created role of Chief Executive Officer with immediate effect.

Chalet Hotels (K Raheja Corp Group) Schedules July 29, 2026 Board Meeting to Approve Q1 FY27 Unaudited Results

Chalet Hotels has intimated exchanges that its board will meet on July 29, 2026 to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with the trading window closed until August 1.

Mindspace Business Parks REIT Unitholders Approve FY26 Results at 6th AGM, Ratify Record ₹24.09/Unit Distribution and BSR & Co. as Auditor

At its 6th Annual Meeting held on July 24, 2026, Mindspace Business Parks REIT's unitholders formally approved the FY26 financial results, ratifying a record distribution of ₹24.09 per unit and the five-year appointment of B S R & Co. LLP as statutory auditors.

Mindspace Business Parks REIT Schedules August 5, 2026 Board Meeting to Approve Q1 FY27 Results; Earnings Call Set for August 6

Mindspace Business Parks REIT, sponsored by K Raheja Corp, has scheduled a board meeting for August 5, 2026 to review unaudited results for the quarter ended June 30, 2026, followed by an investor earnings call on August 6.

HDFC Mutual Fund Raises Stake in Chalet Hotels (K Raheja Corp Group) to 9.11% via Open Market Purchase

HDFC Mutual Fund increased its shareholding in Chalet Hotels by over 2 percentage points to 9.11% through an open market share purchase.

Chalet Hotels (K Raheja Corp Group) Appoints Manoj Agarwal as Chief Growth and Product Officer

Chalet Hotels, part of the K Raheja Corp group, has appointed hospitality veteran Manoj Agarwal as its new Chief Growth and Product Officer effective July 20, 2026.

Chalet Hotels (K Raheja Corp Group) Appoints Gautam Mehra as Additional and Independent Director for Five-Year Term

Chalet Hotels' board has appointed Gautam Mehra, a veteran tax and regulatory expert with four decades of experience including leadership roles at PwC, as an Additional and Independent Director.

Chalet Hotels (K Raheja Corp Group) Signs Non-Binding Partnership with Sarla Aviation to Explore Urban Air Mobility and Vertiport Infrastructure at Hotel Properties

Chalet Hotels has signed a non-binding proposal with eVTOL startup Sarla Aviation to explore vertiport infrastructure at its hotel properties and assess feasibility of air-taxi connectivity linking cities to Chalet hotel destinations.

Mindspace REIT Board Approves Potential Divestment of Mindspace Pocharam, Hyderabad; Asset Fully Denotified from SEZ Status

Mindspace Business Parks REIT's Board has approved the initiation of a divestment process for Mindspace Pocharam in Hyderabad, citing limited demand from IT/ITeS firms and elevated vacancy levels. The asset has been fully denotified from its SEZ status and the REIT is in the process of identifying a suitable buyer.

CRISIL Reaffirms AAA/Stable Ratings for Mindspace Business Parks REIT and Enhances Commercial Paper Rating to ₹3,000 Crore

CRISIL reaffirmed Mindspace Business Parks REIT's issuer and NCD ratings at 'CRISIL AAA/Stable' and its commercial paper rating at 'CRISIL A1+', with the rated CP programme enhanced to ₹3,000 crore.

Mindspace Business Parks REIT Executive Committee Schedules July 9, 2026 Meeting to Consider Fresh Debt Fundraising via NCDs and Commercial Papers

Mindspace Business Parks REIT's Executive Committee convened on July 9, 2026 to consider raising fresh funds through non-convertible debentures, commercial papers, or other permitted debt instruments — the latest in a series of capital-market activities by the REIT in FY27.

K Raheja Corp Delays $700 Million IPO by at Least One Year After Valuation Feedback from Investment Bankers

K Raheja Corp has postponed its planned $700 million IPO by at least one year after receiving feedback from investment bankers on timing and valuation. The company intends to revisit the listing once it achieves greater scale, potentially enabling a larger offering at a higher valuation.

Mindspace Business Parks REIT Publishes FY26 ESG Report — 33.4% Emissions Reduction, 50.4% Renewable Energy Share, ₹1,200 Crore Raised via Sustainability-Linked Bonds

Mindspace Business Parks REIT released its FY 2025-26 ESG Report, recording a 33.4% reduction in Scope 1 and 2 emissions versus the FY20 base year, with renewable energy accounting for 50.4% of total consumption. The REIT also raised ₹1,200 crore via sustainability-linked bonds during the year.

Mindspace Business Parks REIT Files FY26 Annual Report with Exchanges and Schedules 6th Annual Meeting of Unitholders for July 24, 2026

Mindspace Business Parks REIT submitted its FY 2025-26 Annual Report to BSE and NSE and convened notice of its 6th Annual Meeting of Unitholders, scheduled for July 24, 2026 via video conference. The annual report highlights FY26 NOI of ₹26,636 Mn (+29.2% YoY), revenue of ₹32,342 Mn (+26.2% YoY), NAV per unit of ₹527, and distribution per unit of ₹24.09 (+9.7% YoY).

Mindspace Business Parks REIT Pays Q1 FY27 NCD Coupons Across 14 Series on June 29, 2026; Confirms Full Compliance

Mindspace Business Parks REIT paid interest on 14 NCD series for the quarter ended June 30, 2026, settling all obligations on June 29, 2026 — one day ahead of the due date. The filing confirmed full compliance with all debt covenants, with issue sizes across the 14 series ranging from ₹340 crore to ₹1,200 crore.

Mindspace REIT Board Approves Appointment of B S R & Co. LLP as Statutory Auditors and New Valuer for FY27 Onwards at June 29, 2026 Board Meeting

At its June 29, 2026 board meeting, K Raheja Corp Investment Managers — the manager of Mindspace Business Parks REIT — approved three key governance appointments: B S R & Co. LLP as statutory auditors for FY2027-28 to FY2031-32, Vijay Aravindkumar C as registered valuer, and CBRE South Asia as independent property consultant, all subject to unitholder approval at the July 24 AGM.

Mindspace Business Parks REIT Redeems ₹500 Crore Series 6 NCD Principal on Maturity

Mindspace Business Parks REIT completed the full principal redemption of its Series 6 Non-Convertible Debentures worth ₹500 crore on June 29, 2026, one day ahead of the scheduled due date. The REIT simultaneously paid interest on 14 other NCD series for the quarter ended June 30, 2026.

K Raheja Corp Proposes 27-Acre Mixed-Use Development at IT Hill No. 2, Visakhapatnam — Separate from Already-Planned IT Hills 3 Project

K Raheja Corp has proposed a large-scale 27-acre mixed-use integrated development at IT Hill No. 2 in Visakhapatnam, combining premium IT/ITeS office towers and residential apartments. The company has applied for Terms of Reference (ToR) approval for this project, which is distinct from its already-announced IT Hills 3 development.

Mindspace Business Parks REIT Conducts Non-Deal Roadshows with Institutional Investors in Hong Kong and Singapore

Mindspace Business Parks REIT scheduled and conducted a series of non-deal roadshows with institutional investors in Hong Kong and Singapore from June 22 to 25, 2026. The management team held one-on-one physical meetings to discuss the REIT's performance and strategy without any specific transactional agenda.

Chalet Hotels (K Raheja Corp Group) Wins Diamond and Gold Honors at Global ESG Awards 2026

Chalet Hotels received Sustainability Hospitality of the Year (Diamond) at the Global ESG Awards 2026, with its ESG lead also winning a Gold individual honor.

Mindspace REIT Completes ₹3,000 Crore Acquisition of 51% Stake in International Tech Park Chennai (Radial Road) Adding 2.6 Million Sq Ft

Mindspace Business Parks REIT completed the acquisition of a 51% stake in Radial IT Park Private Limited on June 8, 2026, gaining control of the 2.6 million sq ft International Tech Park Chennai (ITPC) on Radial Road for ₹30 billion. The remaining 49% stake was acquired by 360 One Real Assets Advantage Fund.

K Raheja Corp Advances ₹2,172 Crore Mixed-Use Development at IT Hills 3, Visakhapatnam — Foundation Stone Laid, ToR Application Filed

K Raheja Corp has applied for Terms of Reference (ToR) approval and laid the foundation stone for a 27-acre mixed-use project at IT Hills 3 in Visakhapatnam, comprising approximately 2.9 million sq ft of Grade-A office space and premium residential units, with an estimated investment of ₹2,172 crore. The Andhra Pradesh SIPB had earlier approved the project, with 27.10 acres allotted by the state government.

K Raheja Corp Homes Signs Development Agreement with Cinevista to Redevelop 4-Acre Studio Land Parcel in Kanjurmarg, Mumbai

K Raheja Corp Homes has entered into a development agreement with Cinevista to redevelop a four-acre studio land parcel in Kanjurmarg into a premium residential project, marking the developer's first project in Mumbai's eastern suburbs.

K Raheja Corp Homes Marks Its Debut in Sion, Mumbai with Raheja Amaltis — RERA-Registered Boutique Luxury Project Near BKC Connector

K Raheja Corp Homes has formally announced its maiden entry into the Sion neighbourhood of Mumbai with Raheja Amaltis, a boutique low-density luxury residential project located next to the Chembur-BKC connector. The RERA-registered development (Wing A: P51900054129; Wing B: P51900054152) will offer 3, 3.5, and 4-BHK homes with private decks and is targeted at corporate professionals seeking proximity to BKC.

Supreme Court Sets Aside Adverse Order on Chalet Hotels' Four Points by Sheraton Navi Mumbai Land; Regularisation Permitted Subject to Payment

The Supreme Court of India set aside an adverse order relating to Chalet Hotels' Four Points by Sheraton property in Navi Mumbai, Vashi, permitting regularisation of the land subject to payment. The ruling removes a long-standing legal overhang on the asset.

Mindspace Business Parks REIT Approves Fresh ₹16,500 Crore Debt Fundraising Plan via NCDs and Commercial Papers

On May 19, 2026, the Executive Committee of Mindspace REIT's manager K Raheja Corp Investment Managers approved a new fundraising plan of up to ₹16,500 crore through non-convertible debt securities and commercial papers. The issuance may be executed in one or more tranches, subject to aggregate borrowings remaining within 33% of total asset value.

K Raheja Corp Launches 'Reverse Mentoring' Programme to Strengthen Cross-Generational Learning and Leadership Development

K Raheja Corp introduced a new internal HR initiative called 'Reverse Mentoring' to foster direct engagement between senior leaders and junior employees across the organisation.

Mindspace Business Parks REIT Redeems ₹540 Crore Commercial Paper on Maturity in May 2026

Mindspace Business Parks REIT fully redeemed commercial paper worth ₹540 crore on its maturity date of May 15, 2026. The redemption covered 10,800 commercial papers and was filed with NSE and BSE by K Raheja Corp Investment Managers, with all obligations settled and no outstanding dues.

Chalet Hotels (K Raheja Corp Group) Approves ₹385 Crore Partial Stake Dilution in Chalet Airport Hotel Subsidiary, Retains 70% Control

Chalet Hotels' board approved a partial dilution of its wholly-owned subsidiary Chalet Airport Hotel Private Limited, bringing in a strategic investor via a ₹385 crore debt-and-equity transaction while retaining 70% ownership.

Chalet Hotels (K Raheja Corp Group) Board Approves Reclassification of Two K Raheja Promoter Entities — Content Properties and Sycamore Properties — to Public Category

Chalet Hotels' Board of Directors at its May 14, 2026 meeting approved the reclassification of two K Raheja Corp promoter group entities — Content Properties Private Limited and Sycamore Properties Private Limited — from the Promoter Group to the Public category under SEBI Regulation 31A. Both entities hold zero shares in the company.

Chalet Hotels (K Raheja Corp Group) Reports Strong FY26 Full-Year Results: Consolidated Revenue Crosses ₹25 Billion, EBITDA Crosses ₹10 Billion

Chalet Hotels Limited (K Raheja Corp group) announced full-year FY26 consolidated results with revenue (ex-residential) up 18% YoY to ₹20.7 billion and EBITDA up 21% to ₹9.6 billion, while total portfolio crossed 5,000 keys. The board approved the results on May 12, 2026.

Mindspace Business Parks REIT Raises ₹500 Crore via 10-Year NCD at 7.63% Coupon, Fully Subscribed by Leading Indian Life Insurer

Mindspace Business Parks REIT raised ₹500 crore on May 6, 2026 through a 10-year Non-Convertible Debenture issuance at a fixed coupon of 7.63% per annum, fully subscribed by a leading Indian life insurance company. The NCDs carry AAA/Stable ratings from both CRISIL and ICRA, and proceeds will be used to refinance existing borrowings.

Chalet Hotels (K Raheja Corp Group) Completes 100% Acquisition of Seasons Hotels Private Limited, Making Udaipur Resort a Wholly-Owned Subsidiary

Chalet Hotels Limited completed the acquisition of 100% equity share capital of Seasons Hotels Private Limited on May 5, 2026, making it a wholly-owned subsidiary. Seasons Hotels owns the 144-room Inder Residency Resort & Spa in Udaipur, Rajasthan.

Chalet Hotels (K Raheja Corp Group) Allots ₹150 Crore Commercial Paper via Private Placement

Chalet Hotels allotted 3,000 Commercial Papers worth ₹150 crore on a private placement basis, rated CRISIL A1+.

K Raheja Corp Homes Launches Raheja Vistas — RERA-Registered Luxury Residential Project in Baner Annex, Pune

K Raheja Corp Homes officially launched Raheja Vistas, a luxury low-density residential development spread across 7.5 acres in Baner Annex, West Pune, on 4 May 2026. The RERA-registered project (MahaRERA No. PR1260002501597) offers 2, 3 and 4 BHK residences with private decks and targets completion by 2031.

Mindspace Business Parks REIT Approves ₹15,700 Crore Debt Fundraising Plan via NCDs and Commercial Papers

Mindspace Business Parks REIT's board approved a plan to raise up to ₹15,700 crore (net of repayments) through non-convertible debentures, commercial papers, and other permitted instruments in one or more tranches, with total borrowings capped at a consolidated level. The approval was disclosed alongside the REIT's Q4 FY26 annual results filing on April 29, 2026.

Mindspace Business Parks REIT Reports Record Q4 FY26 Results: NOI Up 37.4% YoY, Full-Year NOI Rises 29.2% to ₹2,664 Crore

K Raheja Corp-backed Mindspace Business Parks REIT reported record Q4 FY26 results on April 29, 2026, with NOI growing 37.4% year-on-year to ₹742 crore for the quarter and 29.2% for the full year to ₹2,664 crore. Committed occupancy reached an all-time high of 95.7%, and the REIT declared its highest-ever quarterly distribution of ₹6.64 per unit.

Chalet Hotels (K Raheja Corp Group) Acquires Inder Residency Resort & Spa in Udaipur for ₹171 Crore, Marks Entry into Rajasthan Leisure Market

Chalet Hotels Limited, part of K Raheja Corp, has acquired Seasons Hotels Private Limited — the owning entity of Inder Residency Resort & Spa in Udaipur — for ₹171 crore in an all-cash deal approved by the Board on April 24, 2026. The 144-room, 8.2-acre resort marks Chalet's strategic entry into Rajasthan's high-growth leisure and destination wedding market.

Mindspace REIT Partners with Global Network for Zero (GNFZ) to Transition Entire ~39 Million Sq Ft Portfolio to Net-Zero Certification Pathway by 2042

Mindspace Business Parks REIT announced a landmark partnership with the Global Network for Zero (GNFZ) on 23 April 2026 to transition its entire ~39 million sq ft commercial office portfolio to a net-zero certification pathway, targeting full net-zero emissions by 2042. The collaboration moves the REIT from building-level certifications to a unified, portfolio-wide decarbonisation strategy covering Scope 1, 2 and 3 emissions.

Mindspace Business Parks REIT Completes ₹550 Crore NCD Redemption at Maturity in April 2026

Mindspace Business Parks REIT completed the redemption of ₹550 crore worth of Non-Convertible Debentures (NCDs) at maturity in April 2026, reflecting disciplined liability management alongside its ongoing debt fundraising programme. The redemption was confirmed in stock exchange filings.

CRISIL and ICRA Reaffirm AAA/Stable Ratings for Mindspace Business Parks REIT's NCDs and Commercial Paper Programme

CRISIL reaffirmed its 'CRISIL AAA/Stable' rating on Mindspace Business Parks REIT's Non-Convertible Debentures and maintained 'CRISIL A1+' on its Commercial Paper programme on April 2, 2026, with ICRA similarly reaffirming 'ICRA AAA/Stable'. The ratings cover over ₹7,700 crore in NCD issuances and ₹2,500 crore in commercial paper.

Mindspace REIT Acquires Commerzone Pallikaranai Chennai IT Park from K Raheja Corp Sponsor for ₹2,541 Crore

Mindspace Business Parks REIT announced on April 1, 2026 the acquisition of Commerzone Pallikaranai — a 2.6 million sq ft Grade-A IT campus in Chennai — from sponsor K Raheja Corp entities for ₹2,541 crore under a Right of First Offer (ROFO) agreement. The deal expands the REIT's Chennai portfolio and was completed via a preferential unit issuance.

K Raheja Corp Homes Named Official Partner of JSW Indian Open 2026 — Brand's First Foray into Sports Sponsorship

K Raheja Corp Homes came on board as the Official Partner for the JSW Indian Open 2026, a PSA Copper-category squash tournament held in Mumbai from March 18–22, 2026. The association marks the residential brand's first entry into sports sponsorship, aligning with squash's upcoming Olympic debut at Los Angeles 2028.

K Raheja Group and IHG Hotels & Resorts Hold Pre-Opening Ceremony for ₹1,800 Crore Dual-Hotel Convention Complex in Powai, Mumbai

K Raheja Group and IHG Hotels & Resorts marked progress on a ₹1,800 crore dual-hotel and convention centre development in Powai, Mumbai, with a pre-opening puja attended by Maharashtra CM Devendra Fadnavis.

K Raheja Group and IHG Hotels & Resorts Hold Pre-Opening Ceremony for ₹1,800 Crore Dual-Hotel and Convention Centre Project in Powai, Mumbai

K Raheja Group and IHG Hotels & Resorts held a pre-opening ceremony for a ₹1,800 crore dual-hotel complex with a large-format convention centre in Powai, Mumbai, attended by Maharashtra CM Devendra Fadnavis.

K Raheja Group and IHG Hotels & Resorts Hold Pre-Opening Ceremony for ₹1,800 Crore Dual-Hotel and Convention Centre Complex in Powai, Mumbai

K Raheja Group, through its hospitality arm Saryu Properties & Hotels, and IHG Hotels & Resorts held a pre-opening ceremony for a ₹1,800 crore dual-hotel complex with a large-format convention centre in Powai, Mumbai, attended by Maharashtra CM Devendra Fadnavis.

K Raheja Corp's Inorbit Malls Opens 1.4 Million Sq Ft Inorbit Mall Visakhapatnam — Largest Mall in Andhra Pradesh

Inorbit Malls, a K Raheja Corp entity, opened its 1.4 million sq ft Visakhapatnam mall to the public, making it the largest mall in Andhra Pradesh with over 350 brands.

Mindspace Business Parks REIT Ranked No. 1 Globally in Environmental Performance in S&P Global Sustainability Yearbook 2026

Mindspace Business Parks REIT, managed by K Raheja Corp Investment Managers, achieved the No. 1 global rank in Environmental Performance in the S&P Global Sustainability Yearbook 2026, becoming the only Indian REIT to feature in the top 10% of the assessment. The recognition reinforces the REIT's position as a sustainability leader in Asia-Pacific commercial real estate.

Mindspace Business Parks REIT Redeems ₹560 Crore Commercial Paper on Maturity in March 2026

Mindspace Business Parks REIT fully redeemed commercial paper worth ₹560 crore on its maturity date of March 9, 2026, with no outstanding dues remaining. The redemption was executed in compliance with SEBI guidelines, with the REIT requesting delisting of the associated scrip code following full settlement.

ICICI Prudential AIF Acquires Aditya Shagun Infinity IT Park in Pune from K Raheja Corp and Shagun Developers for ₹520 Crore

ICICI Prudential Asset Management Company acquired the Aditya Shagun Infinity IT Park in Baner, Pune — developed jointly by K Raheja Corp and Shagun Developers — for approximately ₹520 crore, through its ICICI Prudential Office Yield Optimiser Fund. The 3.8 lakh sq ft Grade-A asset is fully leased to blue-chip tenants including Jaguar Land Rover, Accenture, and Eaton.

Mindspace Business Parks REIT Allots ₹560 Crore NCDs at 7.1652% Coupon with 3-Year Maturity

Mindspace Business Parks REIT allotted 56,000 non-convertible debentures worth ₹560 crore on March 5, 2026, carrying a 7.1652% coupon rate and a 3-year maturity. The issuance was executed under the fundraising strategy approved in January 2026 and maintains consolidated borrowings within the 33% regulatory cap.

Chalet Hotels (K Raheja Corp Group) Jumps to 2nd Globally in S&P Global Corporate Sustainability Assessment 2025, Score Rises to 82 from 67

Chalet Hotels' S&P Global CSA 2025 score surged to 82 from 67 in 2024, placing it 2nd globally among 80 hotel, resort and cruise line companies.

Mindspace REIT Pre-Leases 5.3 Lakh Sq Ft at Mindspace Madhapur to Chalet Hotels for ₹350 Crore Luxury Hotel

Mindspace Business Parks REIT has entered a pre-leasing arrangement with Chalet Hotels Limited for a ~5.3 lakh sq ft building at its Mindspace Madhapur campus in Hyderabad, earmarked for a ~330-key luxury hotel at a capital outlay of ₹350 crore. The project is expected to be completed by Q4 FY28 and will be the third on-campus hotel at the integrated business park.

Chalet Hotels (K Raheja Corp Group) Board Approves ₹633 Crore Luxury Hotel Development in Hyderabad

Chalet Hotels Limited, part of K Raheja Corp, had its Board approve a ₹633 crore luxury hotel development project in Hyderabad on February 24, 2026, further expanding the group's hospitality portfolio in a key metropolitan market.

Chalet Hotels (K Raheja Corp Group) Rebrands and Reopens Aravali Property as Aravali Marriott Resort & Spa, Faridabad

Chalet Hotels opened the rebranded 158-key Aravali Marriott Resort & Spa near Delhi NCR, having renamed the property from Courtyard by Marriott Aravali Resort.

Chalet Hotels Advances ATHIVA Brand Expansion — Four Points by Sheraton Navi Mumbai, Vashi to be Rebranded as ATHIVA Property

Chalet Hotels (K Raheja Corp group) announced the next phase of its ATHIVA premium lifestyle brand rollout, with Four Points by Sheraton Navi Mumbai, Vashi set to be rebranded as an ATHIVA property within the quarter, following the brand's debut at Khandala.

Chalet Hotels (K Raheja Corp Group) Completes Leadership Transition as Shwetank Singh Takes Over as MD & CEO Effective February 1, 2026

Chalet Hotels completed a planned leadership succession, with Shwetank Singh formally taking charge as Managing Director & CEO from February 1, 2026, as Dr. Sanjay Sethi retired from the executive role and moved to a non-executive director position.

Mindspace Business Parks REIT Reports Q3 FY26 NOI Growth of 28.7% YoY; Committed Occupancy Rises to 94.5%

K Raheja Corp-backed Mindspace Business Parks REIT reported a 28.7% year-on-year rise in Net Operating Income (NOI) to approximately ₹671 crore for Q3 FY26 (quarter ended December 31, 2025), with committed occupancy climbing to 94.5% and gross leasing of approximately 1.1 million sq ft. The REIT also made an offer to acquire a 1.8 million sq ft IT park at Commerzone Raidurg, Hyderabad.

K Raheja Corp Weighs $700 Million IPO at ~$7 Billion Valuation

K Raheja Corp Pvt. is reported to be exploring an IPO that could raise up to $700 million at a valuation of approximately $7 billion, making it potentially one of India's largest-ever real estate listings. The developer has held preliminary discussions with bankers but has not yet formally appointed advisers.

K Raheja Corp Signs MoU with MMRDA at Davos 2026 to Develop Three ‘Innovation Cities’ Worth $10 Billion in Mumbai Metropolitan Region

As part of MMRDA's $96 billion MoU signing spree at WEF Davos 2026, K Raheja Corp committed to a $10 billion investment to build three 'Innovation Cities' focused on logistics, fintech, AI, gaming and sports in the Mumbai Metropolitan Region, expected to create 1 lakh jobs.

K Raheja Corp Announces Juinagar's First International School as Part of 50-Acre Mixed-Use Development in Navi Mumbai

K Raheja Corp announced plans to build Juinagar's first international school on a dedicated 1.18-acre campus within its broader 50+ acre mixed-use development in Navi Mumbai. The K–12 institution will be adjacent to Raheja Jadecity residences and Mindspace Juinagar, with the founding batch expected within 3–4 years.

Mindspace REIT Completes ₹1,817 Crore Acquisition of Three Assets — Square Avenue 98, Ascent-Worli and Raheja Woods Office Building — via Preferential Unit Allotment

Mindspace Business Parks REIT closed a ₹1,817.24 crore acquisition of three commercial properties — Square Avenue 98 (BKC Annex) and Ascent-Worli in Mumbai, plus the Raheja Woods Office Building in Pune — on January 9, 2026, funded through a preferential allotment of 3.92 crore new units. The deal adds approximately 0.93 million sq ft of leasable area and lifts the REIT's Gross Asset Value from ~₹41,020 crore to ~₹44,126 crore.

Mindspace Business Parks REIT Acquires Three Prime CBD Assets from K Raheja Corp for ₹2,916 Crore

Mindspace Business Parks REIT, backed by K Raheja Corp, announced the acquisition of three premium central business district office assets totalling ~0.8 million sq ft from its sponsor K Raheja Corp for ₹2,916 crore. The deal covers Ascent–Worli (Mumbai), The Square Avenue 98 (BKC Annex, Mumbai), and an office building in Kalyani Nagar, Pune.

K Raheja Corp in Advanced Talks for ₹650 Crore Joint Development of Iconic Famous Studios Site in South Mumbai

K Raheja Corp is in advanced negotiations to acquire and redevelop the 1.5-acre Famous Studios property on Dr. E Moses Road, Mahalaxmi, South Mumbai, in a joint development agreement valued at approximately ₹650 crore. Under the proposed structure, a portion of the developed space would be shared with the current studio owners, with a potential development area of around 4 lakh sq ft subject to civic approvals.