{"id":1447,"date":"2025-08-11T14:15:41","date_gmt":"2025-08-11T08:45:41","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1447"},"modified":"2025-09-09T11:33:21","modified_gmt":"2025-09-09T06:03:21","slug":"1447","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1447","title":{"rendered":"ExxonMobil\u2019s lease, \u20b9100 Cr Delhi bungalow deal &#038; many more"},"content":{"rendered":"<div>\n<div>\n<p>July heats up with real estate action, from ExxonMobil\u2019s mega Bengaluru lease and Adani\u2019s \u20b936,000-cr Mumbai win to Deepinder Goyal\u2019s luxury buy and NPCI\u2019s big BKC move.<\/p>\n<h3>1. Texas-based ExxonMobil renews lease for 5 lakh sq ft office space in Bengaluru for approx \u20b92 cr\/ month<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>The space, located in Prestige Shantiniketan, is spread across multiple floors in Crescent 1 and Crescent 2 towers<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The lease has been renewed for a period of 5 years with an option to renew for an additional 5 years<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The rent has been charged at \u20b949 per sq ft and will be increased by 15% every three years<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>2. After Dharavi, Adani Group wins \u20b936,000 cr Motilal Nagar redevelopment project in Goregaon<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Gautam Adani\u2019s group has emerged as the highest bidder for Motilal Nagar redevelopment project<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>This is one of Mumbai&#8217;s biggest projects, covering 143 acres<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The 17-acre land in Bandra Reclamation, and now the Motilal Nagar cluster in Mumbai&#8217;s Goregaon<\/li>\n<\/ul>\n<h3>3. Zomato&#8217;s Deepinder Goyal buys apartment in Gurugram&#8217;s DLF Camellias<\/h3>\n<div>\n<div>\n<ul>\n<li>The Zomato co-founder&#8217;s Camellias apartment in Gurgaon spans 10,813 sq ft and comes with five parking spots<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Goyal had purchased the apartment three years ago for \u20b952 cr<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"53\" data-end=\"133\">Goyal finalized the conveyance deed in March, paying \u20b93 cr in stamp duty.<\/p>\n<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>4. NPCI secures prime 6,000 sq m plot in Mumbai\u2019s BKC from MMRDA for \u20b9829 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>NPCI has secured an 80-year lease for the BKC plot with over 2 lakh sq ft of development potential<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The National Payments Corporation of India (NPCI) has acquired a 1 acre land parcel<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>NPCI plans to construct a 16-storey tower offering nearly 5 lakh sq ft<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<div>\n<h3>5. Valor Estate plans to launch 3-4 real estate projects in FY25, units to be priced between \u20b91-5 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Real estate firm Valor Estate, formerly known as DB Realty, plans to launch three to four projects in the ongoing fiscal<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Plans to focus on 1BHK to 4 BHK apartments in the price range of \u20b91 to \u20b95 cr, said chairman and MD of Valor Estate<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"52\" data-end=\"163\">Residential, commercial, and hospitality projects across the Mumbai Metropolitan Region (MMR) are included.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<h3>6. Smartworks to hit capital market on Jul 10 for raising nearly \u20b9600 cr via IPO<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Smartworks Coworking Spaces has raised \u20b9173 cr from anchor investors ahead of its initial public offer (IPO)<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Smartworks finalised the allocation of 42,66,378 equity shares to anchor investors at \u20b9407 per equity shares<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>\n<p data-start=\"52\" data-end=\"121\">Three domestic mutual funds received 32% of the total allocation.<\/p>\n<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>7. Lodha Developers Q1 sales bookings rise 10 % to \u20b94,450 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Lodha Developers has acquired five land parcels in the Mumbai region, Pune and Bengaluru<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Lodha Developers said it has achieved more than 90 per cent of its target to add \u20b925,000 crore worth of projects this fiscal<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Total revenue potential of \u20b922,700 cr to develop housing projects<\/li>\n<\/ul>\n<div>\n<div>\n<div>\n<h3>8. Bungalow sold in Delhi\u2019s Golf Links for \u20b9100 cr<\/h3>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li>Yashwant Singh, a member of a royal family of Rajasthan, has bought this 867-square-metre bungalow<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>Singh has paid \u20b97 cr in stamp duty and corporation tax for the property<\/li>\n<\/ul>\n<\/div>\n<div>\n<ul>\n<li>The property features a 2-storey layout, including a basement, ground and first floors, a terrace room, and servant quarters<\/li>\n<\/ul>\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-(--header-height)\" dir=\"auto\" tabindex=\"-1\" data-testid=\"conversation-turn-3\" data-scroll-anchor=\"false\" data-turn=\"user\">\n<div class=\"text-base my-auto mx-auto pt-12 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"user\" data-message-id=\"95df79ec-a880-41d7-9a04-f001651ffee8\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden items-end rtl:items-start\">\n<div class=\"user-message-bubble-color relative max-w-[var(--user-chat-width,70%)] rounded-[18px] px-4 py-1.5 data-[multiline]:py-3\">\n<h2 class=\"whitespace-pre-wrap\">Conclusion<\/h2>\n<p data-start=\"124\" data-end=\"378\">From corporate leases and luxury buys to billion-dollar redevelopments and strategic land grabs, July showcased the full spectrum of India\u2019s evolving real estate landscape. Stay tuned for more weekly insights to stay ahead in this fast-moving market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<hr \/>\n<p>Visit <a href=\"https:\/\/simplease.in\/\">Simplease<\/a> for property management services.<\/p>\n<p>Speak with our experts at +91\u201184 48 802 803<\/p>\n<p>Email us at info@simplease.in<\/p>\n<p>Follow us for more insights on real estate &#8211;<\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/E802\/production\/_89649395_instagram_logo_976.jpg\" alt=\"Instagram launches a new logo - a 'simpler camera' - BBC News\" width=\"25\" height=\"14\" \/>&#8211; <a href=\"https:\/\/www.instagram.com\/simplease_in?igsh=MWkxZDgzdXM0a25vZw==\">simplease_in<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/81\/LinkedIn_icon.svg\/1024px-LinkedIn_icon.svg.png\" alt=\"File:LinkedIn icon.svg - Wikimedia Commons\" width=\"14\" height=\"14\" \/> &#8211; <a href=\"https:\/\/www.linkedin.com\/company\/simplease-india\/?viewAsMember=true\">simplease<\/a><\/p>\n<p><img decoding=\"async\" class=\"\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/e\/ef\/Youtube_logo.png\" alt=\"File:Youtube logo.png - Wikimedia Commons\" width=\"17\" height=\"12\" \/> &#8211; <a href=\"https:\/\/youtube.com\/@simplease765?si=lUOIIm3mKTcWmDX5\">Simplease<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>July heats up with real estate action, from ExxonMobil\u2019s mega Bengaluru lease and Adani\u2019s \u20b936,000-cr Mumbai win to Deepinder Goyal\u2019s luxury buy and NPCI\u2019s big BKC move. 1. Texas-based ExxonMobil renews lease for 5 lakh sq ft office space in Bengaluru for approx \u20b92 cr\/ month The space, located in Prestige Shantiniketan, is spread across [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weeklynewstracker"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ExxonMobil\u2019s lease, \u20b9100 Cr Delhi bungalow deal &amp; many more<\/title>\n<meta name=\"description\" content=\"July sizzles with real estate moves: ExxonMobil\u2019s Bengaluru lease, Adani\u2019s \u20b936,000 cr win, Goyal\u2019s luxe buy &amp; NPCI\u2019s big BKC deal.Ask ChatGPT\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=1447\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ExxonMobil\u2019s lease, \u20b9100 Cr Delhi bungalow deal &amp; 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