{"id":1722,"date":"2025-11-17T10:16:32","date_gmt":"2025-11-17T04:46:32","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1722"},"modified":"2025-11-26T10:30:52","modified_gmt":"2025-11-26T05:00:52","slug":"shah-rukh-dubai-tower-damac-launch-major-leases-big-deals","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1722","title":{"rendered":"Shah Rukh Dubai Tower, DAMAC launch, major leases &#038; big deals"},"content":{"rendered":"<p>From Shah Rukh Khan Dubai tower, DAMAC Islands 2 launch, Jaypee Infratech case to major India property deals &amp; leasing trends.<\/p>\n<h3 data-start=\"852\" data-end=\"932\"><strong data-start=\"855\" data-end=\"932\">1. Shah Rukh Khan Gets a 55-Storey Commercial Tower in Dubai Named After Him<\/strong><\/h3>\n<ul data-start=\"933\" data-end=\"1356\">\n<li data-start=\"933\" data-end=\"1030\">\n<p data-start=\"935\" data-end=\"1030\">Dubai\u2019s Danube Properties will develop a new 55-storey commercial tower on Sheikh Zayed Road.<\/p>\n<\/li>\n<li data-start=\"1031\" data-end=\"1145\">\n<p data-start=\"1033\" data-end=\"1145\">The project includes Danube\u2019s popular 1% payment plan and optional 10-year Golden Visa for eligible investors.<\/p>\n<\/li>\n<li data-start=\"1146\" data-end=\"1245\">\n<p data-start=\"1148\" data-end=\"1245\">Spanning over 1 mn sq ft, prices begin at \u20b94 crore with units ranging from 460 to 11,000 sq ft.<\/p>\n<\/li>\n<li data-start=\"1246\" data-end=\"1356\">\n<p data-start=\"1248\" data-end=\"1356\">Named <em data-start=\"1254\" data-end=\"1265\">Shahrukhz<\/em>, the tower will feature a statue of Shah Rukh Khan in his iconic arms-outstretched pose.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1363\" data-end=\"1445\"><strong data-start=\"1366\" data-end=\"1445\">2. Alia Bhatt, Ranbir Kapoor Add Star Power to DAMAC Islands 2 Launch in Dubai<\/strong><\/h3>\n<ul data-start=\"1446\" data-end=\"1843\">\n<li data-start=\"1446\" data-end=\"1547\">\n<p data-start=\"1448\" data-end=\"1547\">DAMAC launched DAMAC Islands 2, its seventh Dubai master community with luxury waterfront living.<\/p>\n<\/li>\n<li data-start=\"1548\" data-end=\"1630\">\n<p data-start=\"1550\" data-end=\"1630\">The development features premium villas and townhouses starting at \u20b96.5 crore.<\/p>\n<\/li>\n<li data-start=\"1631\" data-end=\"1731\">\n<p data-start=\"1633\" data-end=\"1731\">The project draws inspiration from eight global islands for its design and lifestyle experience.<\/p>\n<\/li>\n<li data-start=\"1732\" data-end=\"1843\">\n<p data-start=\"1734\" data-end=\"1843\">Ambassadors Alia Bhatt, Ranbir Kapoor, and Arab singer Majid Al Mohandis also star in its promotional film.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1850\" data-end=\"1918\"><strong data-start=\"1853\" data-end=\"1918\">3. ED Arrests Former Jaypee Infratech MD in \u20b914,599 Cr Scam Case<\/strong><\/h3>\n<ul data-start=\"1919\" data-end=\"2332\">\n<li data-start=\"1919\" data-end=\"2031\">\n<p data-start=\"1921\" data-end=\"2031\">The Enforcement Directorate arrested Manoj Gaur under the PMLA in connection with the Jaypee Infratech scam.<\/p>\n<\/li>\n<li data-start=\"2032\" data-end=\"2131\">\n<p data-start=\"2034\" data-end=\"2131\">Investigations revealed diversion of homebuyer funds to trusts, including Jaypee Sewa Sansthan.<\/p>\n<\/li>\n<li data-start=\"2132\" data-end=\"2248\">\n<p data-start=\"2134\" data-end=\"2248\">FIRs filed by homebuyers of Jaypee Wishtown and Jaypee Greens alleged cheating, conspiracy, and breach of trust.<\/p>\n<\/li>\n<li data-start=\"2249\" data-end=\"2332\">\n<p data-start=\"2251\" data-end=\"2332\">The ED claims diverted funds led to project delays and incomplete developments.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2339\" data-end=\"2406\"><strong data-start=\"2342\" data-end=\"2406\">4. Sea-Facing Juhu Flat Linked to Harshad Mehta to Be Auctioned<\/strong><\/h3>\n<ul data-start=\"2407\" data-end=\"2780\">\n<li data-start=\"2407\" data-end=\"2512\">\n<p data-start=\"2409\" data-end=\"2512\">A Juhu flat formerly linked to Harshad Mehta will be auctioned; it belonged to the late Sushila Shah.<\/p>\n<\/li>\n<li data-start=\"2513\" data-end=\"2603\">\n<p data-start=\"2515\" data-end=\"2603\">The apartment, 1,150 sq ft super built-up, lies within the Vandana CHS at Janki Kutir.<\/p>\n<\/li>\n<li data-start=\"2604\" data-end=\"2700\">\n<p data-start=\"2606\" data-end=\"2700\">Shah was a partner in Romil Exports and a judgment debtor in a case involving Orion Travels.<\/p>\n<\/li>\n<li data-start=\"2701\" data-end=\"2780\">\n<p data-start=\"2703\" data-end=\"2780\">Janki Kutir is a prime enclave that also houses the iconic Prithvi Theatre.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2787\" data-end=\"2850\"><strong data-start=\"2790\" data-end=\"2850\">5. 91Springboard Leases 1 Lakh Sq Ft in Mumbai and Gurugram<\/strong><\/h3>\n<ul data-start=\"2851\" data-end=\"3185\">\n<li data-start=\"2851\" data-end=\"2941\">\n<p data-start=\"2853\" data-end=\"2941\">The coworking operator leased 40,000 sq ft at Hiranandani Business Park, Andheri East.<\/p>\n<\/li>\n<li data-start=\"2942\" data-end=\"3010\">\n<p data-start=\"2944\" data-end=\"3010\">It also leased 60,000 sq ft at DLF World Trade Park in Gurugram.<\/p>\n<\/li>\n<li data-start=\"3011\" data-end=\"3100\">\n<p data-start=\"3013\" data-end=\"3100\">91Springboard currently operates 1.64 mn sq ft across 43 hubs in major Indian cities.<\/p>\n<\/li>\n<li data-start=\"3101\" data-end=\"3185\">\n<p data-start=\"3103\" data-end=\"3185\">New spaces aim to serve GCCs, large enterprises, MSMEs, and late-stage startups.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3192\" data-end=\"3254\"><strong data-start=\"3195\" data-end=\"3254\">6. Kalpataru Sells Office Space Near Mumbai for \u20b9304 Crore<\/strong><\/h3>\n<ul data-start=\"3255\" data-end=\"3601\">\n<li data-start=\"3255\" data-end=\"3342\">\n<p data-start=\"3257\" data-end=\"3342\">Kalpataru Group sold six built-to-suit office spaces in Kalpataru Virtus, Vikhroli.<\/p>\n<\/li>\n<li data-start=\"3343\" data-end=\"3424\">\n<p data-start=\"3345\" data-end=\"3424\">The sale includes 93,226 sq ft RERA carpet and 1.02 lakh sq ft built-up area.<\/p>\n<\/li>\n<li data-start=\"3425\" data-end=\"3515\">\n<p data-start=\"3427\" data-end=\"3515\">Floors sold range from the 15th to the 20th, with project completion expected by 2027.<\/p>\n<\/li>\n<li data-start=\"3516\" data-end=\"3601\">\n<p data-start=\"3518\" data-end=\"3601\">The developer sold over \u20b91,200 crore worth of commercial assets in the past year.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3608\" data-end=\"3690\"><strong data-start=\"3611\" data-end=\"3690\">7. Hiranandani Communities to Develop \u20b9300 Cr Senior Living Project in Chennai<\/strong><\/h3>\n<ul data-start=\"3691\" data-end=\"4023\">\n<li data-start=\"3691\" data-end=\"3798\">\n<p data-start=\"3693\" data-end=\"3798\">Located in Oragadam, the <em data-start=\"3718\" data-end=\"3728\">Elements<\/em> project will offer senior-friendly 2BHK homes of approx. 700 sq ft.<\/p>\n<\/li>\n<li data-start=\"3799\" data-end=\"3872\">\n<p data-start=\"3801\" data-end=\"3872\">Prices start from \u20b960 lakh, with the project spread across 4.5 acres.<\/p>\n<\/li>\n<li data-start=\"3873\" data-end=\"3947\">\n<p data-start=\"3875\" data-end=\"3947\">A total of 400 homes will be built in two phases, spanning 1 mn sq ft.<\/p>\n<\/li>\n<li data-start=\"3948\" data-end=\"4023\">\n<p data-start=\"3950\" data-end=\"4023\">Hiranandani has partnered with GTB Urban Developers for co-development.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4030\" data-end=\"4098\"><strong data-start=\"4033\" data-end=\"4098\">8. Trident Realty Eyes \u20b91,200 Cr Revenue From Plots in Panchkula<\/strong><\/h3>\n<ul data-start=\"4099\" data-end=\"4453\">\n<li data-start=\"4099\" data-end=\"4181\">\n<p data-start=\"4101\" data-end=\"4181\">The <em data-start=\"4105\" data-end=\"4120\">Central Vista<\/em> phase offers 199 plots sized between 300 and 680 sq yards.<\/p>\n<\/li>\n<li data-start=\"4182\" data-end=\"4274\">\n<p data-start=\"4184\" data-end=\"4274\">Features include a 1.25-acre central park, kids\u2019 zones, amphitheatre, and yoga pavilion.<\/p>\n<\/li>\n<li data-start=\"4275\" data-end=\"4362\">\n<p data-start=\"4277\" data-end=\"4362\">Additional amenities include jogging tracks, outdoor gym, and reflexology pathways.<\/p>\n<\/li>\n<li data-start=\"4363\" data-end=\"4453\">\n<p data-start=\"4365\" data-end=\"4453\">Located along the Zirakpur\u2013Panchkula\u2013Kalka Highway near nature spots like Sukhna Lake.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4460\" data-end=\"4530\"><strong data-start=\"4463\" data-end=\"4530\">9. India\u2019s Retail Leasing Hits 3.2 Mn Sq Ft in Q3 2025, Up 65% YoY<\/strong><\/h3>\n<ul data-start=\"4531\" data-end=\"4868\">\n<li data-start=\"4531\" data-end=\"4609\">\n<p data-start=\"4533\" data-end=\"4609\">Delhi-NCR led retail leasing with 35% share, followed by Hyderabad at 12%.<\/p>\n<\/li>\n<li data-start=\"4610\" data-end=\"4694\">\n<p data-start=\"4612\" data-end=\"4694\">Strong activity continued in Mumbai (0.6 mn sq ft) and Bengaluru (0.4 mn sq ft).<\/p>\n<\/li>\n<li data-start=\"4695\" data-end=\"4773\">\n<p data-start=\"4697\" data-end=\"4773\">Shopping malls accounted for 53% of leasing; high streets contributed 41%.<\/p>\n<\/li>\n<li data-start=\"4774\" data-end=\"4868\">\n<p data-start=\"4776\" data-end=\"4868\">With 4.7 mn sq ft new supply expected in Q4, retail leasing may cross 10 mn sq ft in 2025.<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"4875\" data-end=\"4929\"><strong data-start=\"4878\" data-end=\"4929\">10. WeWork India\u2019s Profit Drops to \u20b96 Cr in Q2 FY26<\/strong><\/h3>\n<ul data-start=\"4930\" data-end=\"5266\">\n<li data-start=\"4930\" data-end=\"5009\">\n<p data-start=\"4932\" data-end=\"5009\">The profit dip is attributed to last year\u2019s deferred tax credit adjustment.<\/p>\n<\/li>\n<li data-start=\"5010\" data-end=\"5096\">\n<p data-start=\"5012\" data-end=\"5096\">Despite the drop, the company saw a turnaround from a \u20b914.1 crore loss in Q1 FY26.<\/p>\n<\/li>\n<li data-start=\"5097\" data-end=\"5179\">\n<p data-start=\"5099\" data-end=\"5179\">WeWork India has 11,000 desks under fit-out and 3,000 desks awaiting handover.<\/p>\n<\/li>\n<li data-start=\"5180\" data-end=\"5266\">\n<p data-start=\"5182\" data-end=\"5266\">With 15,000 desks under LOI, the company aims to hit a 10 mn sq ft portfolio soon.<\/p>\n<\/li>\n<\/ul>\n<h3>Conclusion<\/h3>\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<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:c59b3e37-e6ae-436b-8059-ad0c4c5628d7-84\" data-testid=\"conversation-turn-170\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--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 agent-turn\" 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=\"assistant\" data-message-id=\"341cc12f-92eb-4dd5-96c5-d1f2dc105ea7\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-WEB:6923f1d3-0ba2-48ac-9164-97e4c994bc33-0\" data-testid=\"conversation-turn-2\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--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 agent-turn\" 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=\"assistant\" data-message-id=\"60743f88-ce9f-4eb7-818a-eff98314796f\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<article class=\"text-token-text-primary w-full focus:outline-none scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-68ca653e-f3dc-832e-8477-0b6a046f0363-111\" data-testid=\"conversation-turn-264\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--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 agent-turn\" 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=\"assistant\" data-message-id=\"8f862158-b98f-4dce-b92e-ff540a50a3f2\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\">\n<p data-start=\"1112\" data-end=\"1621\">From celebrity-led luxury home transactions to billion-rupee commercial leases and major REIT acquisitions, India\u2019s real estate sector in 2025 is witnessing unprecedented activity. High-value residential purchases, global corporate expansions, and strong developer performance indicate a market powered by confidence, scale, and long-term investment appetite. As both the luxury and commercial segments continue to accelerate, 2025 is shaping into one of the strongest years for Indian real estate.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<hr \/>\n<p>Visit\u00a0<a href=\"https:\/\/simplease.in\/\">Simplease<\/a>\u00a0for 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 \u2013<\/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\" \/>\u2013\u00a0<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\" \/>\u00a0\u2013\u00a0<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\" \/>\u00a0\u2013\u00a0<a href=\"https:\/\/youtube.com\/@simplease765?si=lUOIIm3mKTcWmDX5\">Simplease<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Shah Rukh Khan Dubai tower, DAMAC Islands 2 launch, Jaypee Infratech case to major India property deals &amp; leasing trends. 1. Shah Rukh Khan Gets a 55-Storey Commercial Tower in Dubai Named After Him Dubai\u2019s Danube Properties will develop a new 55-storey commercial tower on Sheikh Zayed Road. The project includes Danube\u2019s popular 1% [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1722","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>Shah Rukh Dubai Tower, DAMAC launch, major leases &amp; big deals<\/title>\n<meta name=\"description\" content=\"From Shah Rukh Khan Dubai tower, DAMAC Islands 2 launch, Jaypee Infratech case to major India property deals &amp; leasing trends.\" \/>\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=1722\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shah Rukh Dubai Tower, DAMAC launch, major leases &amp; 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