K Raheja-backed Inorbit Malls is acquiring two Prozone malls in Coimbatore and Chhatrapati Sambhaji Nagar, adding 1.2 mn sq ft and lifting its portfolio from 3.8 mn to nearly 7 mn sq ft across eight cities. The cash-and-debt deal signals accelerating consolidation in organised retail real estate.

India Retailing · 5/15/2026, 6:41:57 PM

Chalet Hotels is scouting Jaipur, Jodhpur, Pune and Hyderabad's financial district for expansion, betting on leisure drive-to markets. FY26 revenue jumped 61% to ₹2,770 cr; pipeline includes Taj Delhi airport, Ritz-Carlton Hyderabad and Hyatt Airoli, with 1,655 rooms under development against current 3,389 keys.

Mint · Companies · 5/15/2026, 8:53:22 AM

Blackstone-backed Nexus is set to add Galaxy's Guwahati mixed-use asset while Inorbit-SRED closes a ₹1,242 cr twin-mall deal with Prozone. REITs are aggressively consolidating Tier-2 consumption hubs, targeting 30-35 malls by 2030 as institutional capital chases experience-led retail.

The Economic Times · 5/13/2026, 8:28:31 PM