News Room

Pune, 27th November 2025: CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, today released a whitepaper titled ‘Pune: Decoding the Deccan Dynamo’s Real Estate Ascent’, highlighting that the city’s office stock is likely to increase by around 49% from over 94 million sq. ft. (including PCMC) at the end of September 2025 to ~140 million sq. ft. by 2030, led by an influx of high-quality supply, surging institutional capital, transformative infrastructure, availability of skilled talent, and diversified occupier demand. As a result, Pune is likely to emerge as the third-fastest growing office market in India, behind Bengaluru and Hyderabad.​ Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said that the city’s upcoming development cycle is expected to be hallmarked by green-certified investment-grade assets with amenity-rich features. “Pune followed a conventional but noteworthy growth path, evolving from a manufacturing stronghold into a vibrant, multi-dimensional economic hub.​Today, it is undergoing a profound transformation with quality and sophistication of the real estate offerings at the forefront. Leading developers, including institution-backed players, are reshaping its skyline with premium high-quality assets.,” he said. According to the report, the tech sector has driven the city’s real estate landscape with Pune’s Information Technology (IT) office stock rising 50X in the last 25 years. The city’s office market demonstrated strong demand fundamentals prior to the pandemic, recording an average annual leasing of ~5.9 million sq. ft. between 2016 and 2019. While the market mirrored national trends with subdued activity during the 2020-2021 pandemic period, it has since staged a powerful resurgence, with the average annual demand surging to ~ 7.2 million sq. ft. during 2022 to 9M 2025, driven primarily by an influx of high-quality real estate offerings designed to meet the evolving preferences of modern occupiers. The report added that the developers have reciprocated the rising demand trends, with the average annual supply rising from ~3.6 million sq. ft. between 2016 and 2019, to ~6.5 million sq. ft between 2022 and 9M 2025. Notably, since 2015, the city’s real estate sector has garnered investment inflows worth USD ~4.4 billion. Moreover, the projects are getting bigger. The number of projects spanning more than 500,000 sq. ft. have doubled from 11 between 2016 and 2019 to 22 between 2022 and 9M 2025. Over 50% of occupiers preferred taking up space across assets with total leasable area more than 500,000 sq. ft. Ram Chandnani, Managing Director, Leasing, CBRE India, said, “Pune’s inherent strengths including its industrial legacy, rich talent pool, progressive policy environment, and increasing institutional investment are converging and positioning it as a premier office destination catering to an increasing number of Global Capability Centers (GCCs) across sectors. The post-pandemic shift towards high-quality workspaces has further accelerated this evolution.” The city is also witnessing high adoption of sustainability with a 52% share of green-certified stock in overall office stock. Apart from office real estate, Pune has also emerged as the third-biggest residential market, just after Delhi-NCR and Mumbai​. Since 2019, the city’s real estate sector has garnered investment inflows worth USD ~3.6 billion. Coupled with enhanced airport connectivity, an expanded metro network, and strategic ring road development, Pune’s office market is poised for pivotal expansion and a steeper growth trajectory in the years to come.

LaunchPad Makes a Powerful Debut Under the Visionary Leadership of Mr. Pankaj Ojha Pune, 26 November 2025 — Rajmudra successfully marked a significant milestone with the grand opening of its new office in Viman Nagar, Pune, while officially announcing its entry into the real estate sector through its new vertical, LaunchPad. The event, held in the presence of industry leaders, partners, and well-wishers, celebrated LaunchPad’s mission to redefine real estate under the visionary guidance of Mr. Pankaj Ojha, Founder & Managing Director. The inauguration showcased Rajmudra’s commitment to building purposeful real estate developments rooted in trust, transparency, and sustainability. In his address, Mr. Ojha emphasized the need for a more human-centric and responsible approach within the industry. “LaunchPad is built on a simple belief — Real estate must serve people with honesty and responsibility. We don’t create spaces for the sake of construction; we create meaningful developments that reflect trust, sustainability, and long-term value,” said Mr. Ojha during the event. LaunchPad’s strategic direction is anchored on four core pillars: Transparent redevelopment processes ensuring clarity and confidence for homeowners. Pocket-friendly maintenance structures designed to reduce long-term expenses while enhancing property value. Biophilic and natural landscaping to enrich health, harmony, and community wellbeing. Renewable-energy integration to promote greener, future-ready living environments. The newly unveiled office will function as the central hub for LaunchPad’s planning, design, and innovation initiatives. Designed with a warm, open layout enriched by nature-inspired elements, the workspace reflects the values Mr. Ojha champions — clarity, inclusivity, and sustainability. The event concluded with heartfelt appreciation from partners and attendees, acknowledging Rajmudra’s meaningful step into real estate and applauding Mr. Ojha’s forward-thinking leadership. Guided by the principle “Real estate, done the right way — by people who believe in trust,” LaunchPad is now set to shape developments that go beyond constructing buildings — creating communities with purpose, value, and long-term impact.

Pune, November 17, 2025 — The Professional Realtors of Pune Welfare Association (PROP), affiliated with NAR-India, announced its newly elected Governing Body for the 2025–27 term at a grand election event held at Residency Club, Pune. The event saw participation from 118 members, with elections conducted individually with active campaigning, reflecting a transparent and democratic process. PROP, now in its 8th year, continues to serve as a platform for collaboration, ethical representation, and professional growth for real estate consultants across Pune. Newly Elected Governing Committee (2025–27) President – Udayan Prabhakar Mane Secretary  – Manish Didmishe Treasurer – Murli Ramani Vice President – Builder Relations & Sponsorships Tanuj Nagrani Vice President – Technology & Communications Niraj Singh Director – Prop Growth Mahesh Yadav Director – Training & Mentorship Circles Dinesh Rathi Director – Business Exchange & Cross Sale Vikram Malik Director – Sports & Cultural Functions Sarang Madrewar Director – Digital / PR & Media Ravindra Yadav Director – Events, Engagement & Networking Mrs. Preet Kohli IPP (Immediate Past President) Darshan Chawla Chairman – Kishen Milaney Advisory Board – Mr. Khalid Memon President Udayan Mane’s Vision & Message Born in Satara and raised in a middle-class family, Udayan Mane brings over 18 years of real estate experience, having previously served as Secretary in PROP’s founding committee and worked with Kolte-Patil Developers before establishing his consulting business. In his address, he shared: “We are not here to seek positions, power or titles—our purpose is to support, create, and nurture business opportunities for every member. Recognition, dignity and unity are the true assets of our profession. If we work together with contribution and collaboration, we can take Pune real estate back to national and global prominence.” He also shared a major long-term vision: “I dream of hosting the NAR-India National Convention in Pune again, like the historic 2015 edition. This will put our city and our members back on the global real estate map. Let’s grow together and bring glory to PROP.” Message from Ravi Varma, Chairman, NAR-India “Pune has always been a strong force in India’s realtor ecosystem. The newly elected leadership represents professionalism, integrity, and a commitment to raising industry standards. NAR-India looks forward to supporting PROP’s initiatives in training, governance, and national integration.” — Ravi Varma, Chairman, NAR-India   New Initiatives Announced for Members The leadership outlined key programs to address common challenges faced by real estate professionals, including fragmented builder relations, lack of structured training, limited branding exposure, and outdated tech adoption. Key initiatives include: Builder Mandate Exchange Portal — unified access to verified mandates Lead Booster Program — digital campaigns generating verified buyers Smart CRM Access — subsidized automation & profiling tools Personal Branding Accelerator — content, templates & media visibility Mentorship & Masterclass Series — from onboarding to luxury advisory Policy Advocacy Cell — unified representation with regulatory bodies Referral Rewards & Growth Circles — encourage member expansion “This isn’t just an association—it’s a movement built on ethics, collaboration, and shared growth.” — Leadership Team Expected Impact on Pune Realty Ecosystem The new term is focused on: Stronger developer partnerships Transparent commission processes Upskilling & certification of consultants Cross-city industry collaboration Digital transformation for members These initiatives aim to position Pune as a national hub of organized, ethical real estate practices. Upcoming Announcements Member onboarding drives Industry workshops & certification events National-level networking initiatives Convention roadmap & partnerships Media Access Event photographs, videos, and official documents will be shared with members and press.  

Mumbai, 22nd November 2025: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has formulated Standard Operating Procedure (SOP) to improve recovery of compensation in a time bound manner for the homebuyers. The compensation is recovered from a developer on account of various defaults. A circular explaining the SOP has been released by MahaRERA, as per the directions of Honourable Bombay High Court. Hereafter, for the first time, the case of any developer failing to pay the compensation amount despite sufficient opportunities will be sent to the Principal Civil Court of the respective area for further action. Upon this action, the erring builder may have to face prison for a term of up to 3 months. This provision is expected to immensely help in recovering compensation and providing timely relief to the home buyers. Left with no amicable resolution with the developer, often, home buyers approach MahaRERA seeking relief on multiple issues ranging from failure to receive apartment’s possession as per the deadline, sub-standard construction quality, lack of parking, missing amenities, etc. Such complaints are heard by MahaRERA’s designated Adjudicating Officers, who in turn, on the merits of the case, order for compensation. This latest SOP announced is to ensure strict implementation of Honourable Bombay High Court’s orders and also to provide relief to the homebuyers. MahaRERA expects the homebuyers to be compensated within 60 days from the order’s date. As per the SOP, if the homebuyer is not compensated within 60 days, the individual will have to file an application on non-compliance for the recovery of the amount with interest or interest for delayed possession or compensation, as the case may be. MahaRERA shall hear the non-compliance application within 4 weeks from receipt of the same. If it is established prima facie that the developer has failed to comply with the order, reasonable time will be granted to adhere to the order. On the reasonable time period coming to an end, if the developer continues to err, s/he may be asked to submit an affidavit mentioning details of all movable as well as immovable assets, bank accounts and other investments. To ensure that the compensation is duly recovered, a Recovery Warrant will be sent to the District Collector concerned to initiate seizing or attaching the assets and bank accounts. If the developer fails to provide the details of immovable and movable properties, bank accounts and other investments, the case will be sent to the Principal Civil Court of that area for further action. As per the provisions of the Code of Civil Procedure, such defaulting developers may be imprisoned for up to 3 months.

Gurgaon, 21st November 2025: Colliers has released its 2026 Global Investor Outlook report, revealing investors are re-entering global real estate markets with confidence, pursuing diversification across regions and segments. Based on Colliers’ proprietary research and a global survey* of institutional investors, the report finds that market fundamentals are improving, liquidity is returning, and pricing expectations are normalizing. These trends are fuelling optimism for 2026, even as cost pressures and geopolitical risks remain. Colliers’ 2026 Colliers Global Investor Outlook – Asia Pacific Insights reveals a decisive shift in global capital towards Asia Pacific (APAC), as investors seek diversification and growth in a region that is leading global innovation and wealth creation. Capital shifts to APAC as investors bet on growth potential APAC-focused capital raising has surged over 130% since 2024, according to PERE, and now represents 11% of global fundraising in Q1-Q3 2025. Global investors are shifting allocations to APAC, drawn by the region’s dynamic growth, expanding middle class, and innovation potential. While established markets such as Japan, Australia and Singapore remain popular, emerging markets, particularly India, are gaining attention as destinations for higher returns. With both domestic and international investors growing more active, 2026 is set for increased competition and higher transaction volumes across Asia Pacific. The region offers a diverse range of opportunities for investors, with markets including India presenting unique strengths and growth drivers. India investment outlook: Capital flows to remain firm amid expanding opportunities Global investors continue to view India as one of the most promising real estate destinations in APAC, seeking higher returns and scalable deployment of capital, particularly in land and developmental assets. Favourable demographics, a stable policy environment, and a positive economic outlook are keeping investor confidence high. Equity markets are further enhancing liquidity and creating alternate investment opportunities through REITs and IPOs, which are further fuelling cross-border participation in Indian real estate. Overall investors are actively evaluating and deploying capital across core and emerging asset classes, a trend likely to accelerate as institutional-grade stock deepens. “Investments in India’s real estate sector have demonstrated remarkable resilience, underscoring the depth of the market and growing investor confidence. We foresee annual investments to the tune of USD 5-7 billion each in 2025 and 2026, driven by a balanced interplay of foreign and domestic investors. Indian real estate continues to benefit from structural demand levers such as robust domestic economic growth, rising urbanization, infrastructure augmentation, and rising consumption levels. As investors increasingly align with India’s long-term growth story, both domestic and offshore capital are expected to gain further momentum in the coming quarters. Overall investment sentiment remains optimistic, with expanding foreign investor participation, particularly from the US and Asia-Pacific regions, reflecting India’s continued appeal as a high-potential, resilient real estate market.” Badal Yagnik, Chief Executive Officer & Managing Director, Colliers India Institutional investments in Indian real estate have remained resilient, totalling USD 4.3 billion during the first nine months of 2025, supported by steady momentum through the first three quarters. Driven by sustained investor confidence, the last quarter of the year is likely to see a pick-up in transaction closures, particularly in the office and residential segments. Together, these two segments are likely to contribute nearly 60% of the year’s total investments, driven by sustained occupier activity and a healthy supply pipeline. Overall, investment volumes for 2025 are projected to be at around USD 5-7 billion, a testament to the market’s depth and stability, even in the wake of global trade frictions. “Building on the momentum of 2025, India’s real estate investment landscape is poised for a stronger 2026, underpinned by a robust demand across core assets and a deepening pipeline of institutional-grade supply. Office and residential segments will continue to dominate the investments, driving over half of the total inflows, while Industrial & Logistics segment will likely see renewed momentum. Amongst alternative assets, the data centres are likely to see increased investments, driven by the rapid expansion of digital infrastructure and hyperscale demand. Cross-border capital will continue to remain a critical driver, as India consolidates its position as one of the emerging destinations for stable, long-term real estate investment in the APAC region.” Vimal Nadar, National Director & Head of Research, Colliers India. APAC highlights As per the survey, 64% of regional investors expect an uplift from economic growth next year and nearly 60% are positive on liquidity and rental growth. Family offices and high-net-worth individuals, particularly are more active, especially in Hong Kong and Australia, capitalising on unique pricing opportunities. Australia: Strong fundamentals and political stability make Australia a top destination for international capital. Sydney and Melbourne are especially attractive for residential and industrial and logistics assets, while retail and office segments are also emerging as preferred choices. Japan: Tokyo and Osaka remain leading destinations for cross-border investment, with the office segment most active and multifamily supported by urban migration. Domestic capital is expected to boost volumes, especially in core investments. India: India is emerging as an attractive investment destination for core assets as well as alternatives owing to its steady performance, robust demand-supply momentum and significant long-term potential. China: Domestic investors are focusing on income-producing assets such as rental housing, large malls, and data centres. Private buyers are targeting smaller office and hospitality deals, and senior housing in tier I cities is emerging as a promising theme. Singapore: Continues to stand out as a core investment destination, supported by liquidity, transparency and strong fundamentals. Heightened competition is expected for data centre and prime office assets, alongside growing interest in value-add opportunities. “Investors are changing gears. After a challenging period, capital is moving decisively toward stability and opportunity. Hands-on, controlled strategies and partnerships are driving value as the market regains its footing. Market fundamentals are improving, liquidity is returning and pricing expectations are normalising, fuelling optimism for 2026 despite ongoing cost pressures and geopolitical risks.”, said Sam Harvey-Jones, Colliers’ Chief Operating Officer, Asia Pacific Industrial & logistics segment leads investor focus while office and retail stage a comeback Industrial & Logistics: The I&L segment

Alive and Co proudly presents “Shubhankar Live” A two-hour musical celebration that promises to take audiences on an unforgettable journey from the golden era of music to today’s chart-topping hits. Led by the young and exceptionally talented Shubhankar Kulkarni, the show beautifully blends timeless classics with vibrant originals, creating a magical experience that resonates across generations. From the soulful melodies of Lata Mangeshkar and Hemant Kumar, to the legendary rhythms of The Beatles and Elvis Presley, and the modern-day sounds of Amit Trivedi, Ed Sheeran, and Taylor Swift — every note is set to evoke nostalgia, joy, and pure musical energy. At just 20 years old, Shubhankar Kulkarni has already carved a niche for himself in the world of music. Having performed on global stages since the age of five alongside his father, the renowned composer and singer Dr. Saleel Kulkarni, Shubhankar’s journey is both inspiring and extraordinary. He has shared the stage with celebrated artists including Pt. Hridaynath Mangeshkar, A.R. Rahman, Sandeep Khare, Aarya Ambekar, Prashant Damle, Sankarshan Karhade, and Subodh Bhave, among many others. With over 20 original compositions to his name — including Radio Mirchi’s Song of the Decade “Ekti Ekti Ghabarlis Na” and fan-favourites like “Chaan” — Shubhankar brings both passion and freshness to his performances. The concert will feature a dynamic band of talented young musicians:Shubhankar Kulkarni – Lead VocalsJay Suryavanshi – PianoKaunteya – GuitarPratik Nandre – Drums Having performed over 25 shows across Maharashtra in the past three years, Shubhankar Live has already become a crowd-favourite musical experience. The upcoming edition on 22nd November 2025 will feature a special segment of brand-new, unreleased originals, written by Shubhankar and composed by the entire band — making this event even more exciting and exclusive. Join us for an evening where music bridges generations, hearts, and emotions — a night that promises to be pure magic. Date: 22nd November 2025Venue: Adarsha Abhinava AuditoriumOrganized by: Alive and Co For media inquiries, sponsorships and collaborations, please contact: Alive and CoEmail: aliveeandco@gmail.comContact: 8237579750Digital Media Partner: Dreams Per Square Feet Media LLP