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Prestige Group plans Rs 3,500 cr investment for office space in Mumbai

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Prestige Group plans Rs 3,500 cr investment for office space in Mumbai

The new industrial improvement, a standalone floor plus 63 storey and a 43-floor status Liberty Tower property, would be the tallest office property in the nation. The proposed 2.5 million sq ft property, which is scheduled to be accomplished by 2025, can have 400,000 sq ft of facilities space and enterprise membership together with a viewing gallery on the highest flooring. “Construction finance for both the projects has been tied up, and we are seeing strong demand for some large requirements,” mentioned Juggy Marwaha, CEO, Prestige Office Ventures.

The proposed funding is without doubt one of the largest for industrial actual property improvement in Mumbai in current instances. “The properties are already attracting occupiers from the banking, financial services and insurance (BFSI), information technology and IT-enabled services and startups,” mentioned Marwaha. Prestige Estates Projects, via its subsidiary Prestige Falcon Realty Ventures, invested via capital account contribution in Turf Estate Joint Venture LLP on March 24, 2020 as a brand new companion in the LLP with equal share of revenue and losses with DB Realty topic to phrases and situations, as contained in the supplemental settlement dated March 24 this 12 months.

Marwaha mentioned the pandemic has led to change in buyer demand and following that cue, the corporate has deliberate each the industrial initiatives that are focussed on know-how, well being and issues of safety with optimistic social, environmental and financial influence. (*7*) he mentioned. In 2019, Prestige Group had picked up a 28.99% stake in the industrial improvement of DB Realty’s industrial property in BKC. In a inventory alternate announcement, DB Realty had then mentioned that the corporate acquired the whole redeemable optionally convertible cumulative desire shares and compulsorily convertible desire shares of DB BKC, about 9.18% of complete share capital of DB BKC, being held by Trinity Capital (Ten) Ltd. Mauritius on the phrases and situations agreed upon. Following the acquisition of the shares by the developer, the whole shareholding of the corporate in DB BKC elevated to 66.35% of complete share capital of DB BKC. Earlier this 12 months, the Bengaluru-headquartered agency retired its debt by concluding a $1.5 billion sale of business portfolio, together with workplaces, retail malls and resorts to Blackstone. The deal additionally noticed Blackstone buying over 16.8 million sq ft of accomplished and under-construction office initiatives and retail malls, aside from hospitality property and solar energy crops.

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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