{"id":1835,"date":"2026-04-27T09:30:45","date_gmt":"2026-04-27T04:00:45","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=1835"},"modified":"2026-04-25T16:44:38","modified_gmt":"2026-04-25T11:14:38","slug":"wework-pune-lease-srk-manager-bandra-buy-anita-puri-sale-welspun-deal-and-more-property-news","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=1835","title":{"rendered":"WeWork Pune lease, SRK manager Bandra buy, Anita Puri sale, Welspun deal and more property news"},"content":{"rendered":"

WeWork Pune lease, SRK manager Bandra buy, Anita Puri sale, Welspun deal and more property news<\/strong><\/span><\/h3>\n

1. WeWork leases 2 lakh sq ft office space in Pune\u2019s Wakad for over \u20b9161 cr<\/p>\n

    \n
  • WeWork leases office space at Phoenix Millennium Tower-3, Wakad Pune for over \u20b9161 cr across multiple floors<\/li>\n
  • The property spans 2.04 lakh sq ft with a starting rent of \u20b91.49 cr translating into \u20b973 per sq ft per month<\/li>\n
  • Lease spans 10 years for 13th-15th floors and 5 years for 16th-17th floors with 12 percent and 13.5 percent escalation cycles<\/li>\n
  • WeWork has subleased 13th to 15th floors to Arctera, TIBCO and CSGIND at \u20b9255 per sq ft per month<\/li>\n<\/ul>\n

    2. SRK Manager, Pooja Gurnani, family buy three apartments in Mumbai\u2019s Bandra for \u20b938.21 crore<\/strong><\/span><\/h3>\n
      \n
    • Pooja Gurnani<\/strong> and family buy three apartments at Varun, Carter Road, Bandra, Mumbai for \u20b938.21 crs<\/li>\n
    • The combined 4,776 sq ft area implies pricing of \u20b980000 per sq ft across three higher-floor apartments<\/li>\n
    • Each apartment spans 1,511 sq ft with 81 sq ft balcony, acquired from Tryksha Real Estate, arm of Lotus Developers<\/li>\n
    • The redevelopment project is under construction with possession scheduled for December 2028<\/li>\n<\/ul>\n

      3. Anita Puri, wife of former HDFC Bank MD Aditya Puri, and daughter, sell a flat in Mumbai for \u20b927 cr<\/strong><\/span><\/h3>\n
        \n
      • \u00a0Anita Puri<\/strong> and Amrita Puri<\/strong> sell an apartment at Omkar 1973, Worli, Mumbai for \u20b927 crs<\/li>\n
      • The apartment pricing reflects a transaction value of \u20b927 crs with earlier acquisition cost recorded at \u20b919.81 crs<\/li>\n
      • The higher-floor apartment includes four car parking spaces and is located within the twin-tower development by Omkar Realtors<\/li>\n
      • The property was originally purchased in March 2017 and has now been transferred to Suraymya Nevatia and Akshada Nevatia<\/li>\n<\/ul>\n

        4. Oberoi Realty’s bookings in FY26 fell by 24% to 698 units, booking value up by 3% at \u20b95,447 crore<\/strong><\/span><\/h3>\n
          \n
        • Oberoi Realty reports FY26 bookings of 698 units with total booking value at \u20b95447 crs<\/li>\n
        • Total carpet area booked stood at 11.47 lakh sq ft reflecting sales activity despite limited growth in overall booking value<\/li>\n
        • FY26 bookings declined 24 percent from 929 units while carpet area dropped 10 percent from 12.83 lakh sq ft<\/li>\n
        • Quarterly momentum improved with Q4 bookings at 229 units and booking value rising to \u20b91673 crs from \u20b9836 crs in Q3<\/li>\n<\/ul>\n

          5. Welspun Enterprises leases 4.57 lakh sq ft commercial space in Pune for \u20b982 crs<\/strong><\/span><\/h3>\n
            \n
          • Welspun Enterprises leases office space at Radius IT Park, Hinjewadi, Pune for \u20b982 crs total deal value<\/li>\n
          • The 4.57 lakh sq ft chargeable area is leased at starting rent of \u20b91.25 crs translating into \u20b927 per sq ft per month<\/li>\n
          • The lease spans 5 years from April 2026 to March 2031 with 5 percent annual escalation clause<\/li>\n
          • The transaction includes 3.29 lakh sq ft carpet area leased from Indo Global Soft Solutions and Technologies Pvt Ltd<\/li>\n<\/ul>\n

            6. Notandas Realty acquires sea-facing bungalow in Juhu for \u20b9221 crs<\/strong><\/span><\/h3>\n
              \n
            • Notandas Realty buys bungalow Leela, Juhu Tara Road, Mumbai from Nanavati family for \u20b9221 crs<\/li>\n
            • The 8,480 sq ft built-up area implies pricing of \u20b9260592 per sq ft for the heritage bungalow transaction<\/li>\n
            • The ground plus one 6BHK bungalow stands on 1,355 sq m plot with 2,500 sq ft terrace and 5,000 sq ft garden<\/li>\n
            • The property is a sea-facing heritage bungalow built in the 1950s and owned by promoters of Nanavati Hospital<\/li>\n<\/ul>\n

              7. Lodha Developers posts 24% profit growth in FY26 with strong income expansion<\/strong><\/span><\/h3>\n
                \n
              • Lodha Developers reports FY26 net profit at \u20b93431 crs, marking 24 percent growth from \u20b92767 crs<\/li>\n
              • Total income stood at \u20b917120 crs in FY26 compared to \u20b914170 crs indicating 21 percent growth in overall business performance<\/li>\n
              • The company added 12 projects with GDV of \u20b960000 crs taking total development potential to \u20b9200000 crs<\/li>\n
              • The board recommended final dividend of \u20b94 per share while net debt reduced by \u20b9800 crs to \u20b95377 crs<\/li>\n<\/ul>\n

                8. Dubai home prices decline 5.9% in March after post-pandemic boom<\/strong><\/span><\/h3>\n
                  \n
                • Dubai residential market records first price decline since 2020 with ValuStrat index falling 5.9 percent in March<\/li>\n
                • Residential sales value dropped nearly 20 percent to 37.2 bn dirhams with transactions declining to about 13000 from 16000<\/li>\n
                • Property prices had surged over 70 percent since 2020 before current correction reversing sustained post-pandemic growth<\/li>\n
                • Off-plan segment accounted for nearly 75 percent of transactions with sales value declining by around 13 percent<\/li>\n<\/ul>\n

                  9. Sunteck Realty Q4 pre-sales rise 22% to \u20b91064 crs with FY26 growth momentum<\/strong><\/span><\/h3>\n
                    \n
                  • Sunteck Realty reports Q4FY26 sales bookings of \u20b91064 crs marking 22 percent growth from \u20b9870 crs<\/li>\n
                  • FY26 sales bookings rose to \u20b93157 crs from \u20b92531 crs reflecting 25 percent annual growth in overall pre-sales performance<\/li>\n
                  • Net profit for Q4FY26 increased 27 percent to \u20b964 crs while total income rose to \u20b9348 crs from \u20b9217 crs<\/li>\n
                  • Full year net profit stood at \u20b9204 crs with total income rising to \u20b91168 crs compared to \u20b9902 crs in previous fiscal<\/li>\n<\/ul>\n

                    10. India’s top 8 cities see 24pc dip in net office leasing in Jan-Mar on lower demand: C&W<\/strong><\/span><\/h3>\n
                      \n
                    • Cushman & Wakefield reports net office leasing at 11.51 mn sq ft in Jan-Mar 2026, down 24 percent YoY<\/li>\n
                    • Gross leasing rose 13 percent to 21.89 mn sq ft from 19.3 mn sq ft indicating continued overall market activity<\/li>\n
                    • Net absorption declined from 15.08 mn sq ft due to slower fresh leasing and delayed project completions across key cities<\/li>\n
                    • GCCs contributed around 40 percent of leasing while upcoming supply pipeline stands at 61 mn sq ft across top 8 cities<\/li>\n<\/ul>\n

                      Conclusion<\/h2>\n

                      From large-scale office leasing to high-value luxury residential deals, the real estate market continues to see steady activity across segments. While GCC-led demand and commercial expansion remain strong, premium residential transactions in key micro-markets highlight sustained investor confidence. Overall, both domestic and global trends indicate a market adjusting to short-term shifts while maintaining long-term growth momentum.<\/p>\n","protected":false},"excerpt":{"rendered":"

                      WeWork Pune lease, SRK manager Bandra buy, Anita Puri sale, Welspun deal and more property news 1. WeWork leases 2 lakh sq ft office space in Pune\u2019s Wakad for over \u20b9161 cr WeWork leases office space at Phoenix Millennium Tower-3, Wakad Pune for over \u20b9161 cr across multiple floors The property spans 2.04 lakh sq […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-1835","post","type-post","status-publish","format-standard","hentry","category-weeklynewstracker"],"yoast_head":"\nWeWork Pune Deal, Bandra Luxury Buys & GCC Leasing Trends<\/title>\n<meta name=\"description\" content=\"Latest real estate news roundup featuring WeWork Pune lease, Bandra luxury deals, Worli sale, GCC leasing trends and global market updates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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