NBCC is the government’s preferred contractor for rebuilding all the old buildings and assets belonging to its ministries and departments in Delhi and in other cities in the country
New York’s Upper 5th Avenue retained its top place, while Hong Kong’s Causeway Bay and London’s Bond Street were ranked second and third in global ranking
Investment enquiries increased for the office sector, demand was flat in the retail portion of the market, and fell for industrial assets
Impact of demonetisation, RERA and GST finally sink in. Residential sector to feel the heat for the next six months
The Haryana Urban Development Authority (HUDA) today said it sold approximately 10-acre plot to Swedish furniture maker IKEA for around Rs 842 crore in its single largest property auction till date.
Bengaluru continued to outperform with absorption of 10 million sq ft year to date, says Colliers Research.
Mumbai ranked 81 amongst all global cities on RE investment volumes; No.1 gateway city in terms of growth rates in the world
The Union cabinet, in September, approved the transfer of Hotel Jaipur Ashok and Lalitha Mahal Palace Hotel, Mysore, to the governments of Rajasthan and Karnataka respectively
Bengaluru remains frontrunner in office leasing with a 31 percent share of overall demand followed by NCR at 25 percent
A body of realty developers in Telangana has said there will be an increase in prices of both commercial and residential properties in the next few months on account of note ban, RERA and GST implementation.
Leasing of retail space in malls rose by 55 percent to nearly 23 lakh sq ft during January- September period this year in the eight major cities on better demand, according to property consultant Cushman & Wakefield.
LG, MPs and Mayors of Delhi to meet every month to discuss matters relating to urban infrastructure development.
Hyderabad will see the largest number of new retail malls, as many as 11, that will more than double its current mall inventory
nless the entire chain of generation of cash is thoroughly cleaned up, bureaucratic interference reduces and a simple tax structure is introduced, GST and RERA will only act as another level or impediment for the sector.
The deal by Allianz, a global real estate player, is the latest in a series of high-profile investments into Indian real estate by institutional investors this year.
He suggested that the Delhi government may explore taking up the operations of DMRC's proposed phase IV metro as a "test case".
The land parcel is located along the upcoming Chennai–Bangalore corridor in the industrial cluster of Sriperumbudur. This corridor commands high strategic importance due to the presence of many automobile OEMs in the vicinity
The company envisions establishing a bigger and stronger network and coming up with 200 properties across all key weekend getaway spots near tier 1 cities in the next one year, Vista Rooms said
Share of office leasing by e-commerce grows from 3 percent to 10 percent; co-working deals reported across various cities.
In the first half of 2017, year-on-year rental appreciation ranged between 8-17% in several cities such as Bengaluru and Hyderabad, says Colliers Research
According to ICRA, the airports infrastructure sector in India is increasingly getting constrained by the strong growth in traffic since FY2014.
Bengaluru has witnessed the highest volume of net absorption at 4.8 million sq ft this year. The IT/ ITES & BFSI processing businesses have driven 60 percent growth in absorption in Chennai, and Kolkata has recorded a surge in supply and vacancy due to low net absorption, it says.
Delhi emerged as the most expensive office market in India on the ‘What USD 100 mn could buy?’ index followed by Mumbai.
The company said in a BSE filing that it has transferred and assigned its leasehold interest in the property to Whispering Heights, a JV of Reco Solis Pte Limited and K Raheja Corp Group.
USD 111 million is the average deal size in 2017, which is more than double the deal size witnessed in the last few years. Foreign investors invested close to $9 billion as against $2.1 billion invested by Indian investors