Midea group's part and component divisions GMCC, which is world's one of the largest compressor manufacturers.
The unit will have a production line for appliances such as refrigerators, washing machines and water appliance products. Spread over 43 acres in Pune, the facility will employ 500 people and be operational by 2018-end.
Gurugram and Noida, are also likely to see 10-15 percent correction in rentals, the report has said.
While the overall talent demand was up by three per cent during April 2017, the real estate sector posted a seven per cent increase in talent demand and the construction sector saw a six R
A Mumbai-based developer announced lastÂ year, that they would give possession of completed apartments within two years of launch, failing which, the apartments would be given free. While this may have sounded like a mere R
Globally, student housing is acknowledged as an important and lucrative real estate segment. It is generally included under the â€˜alternative‘ real estate asset classes. In its current form in India, student housing essentially comprises R
Global realty investments into India, rose by 3 per cent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by R
PropTiger.com, on April 26, 2017, released the findings of its â€˜Realty Decoded Report‘ for the January-March quarter of the financial year 2016-17 (Q4, FY17). As per the report, the real estate sector in India R
More than three-fourths (78%) of non-resident Indians (NRIs), who are looking to invest in real estate in the country, wish to do so in their hometown. Among the NRIs who are investing for the R
Realty prices in the country, have been impacted by various factors over the past year, such as the GST bill, RERA, demonetisation and the support to affordable housing. Experts point out that property prices R
On the back of a recovering economy, India‘s office market is likely to remain firm in the coming quarters. The gross office take-up in India amounted to 9.3 million sq ft (8,63,998 sq m). R
Smith finished off the match with two consecutive sixes in the final over and remained not out on 84 from 54 balls as Pune chased down the target of 185 with one ball to spare as the match went down the wire.
Air India is likely to step up security of its staff at Mumbai and Pune airports after Shiv Sena lawmakers allegedly threatened to stall the airline's operations at these two aerodromes.
The state revenue department of Maharashtra recently hiked the ready reckoner rates, by an average rate of 5.86% across the state. In Mumbai, the ready reckoner rates have been increased by 3.95%, as opposed R
American adhesives and sealants maker HB Fuller has opened a new R&D centre at facility near Pune, investing USD 20 million.
When it comes to taking a property on rent in India, tenants often have to pass through a number of uncomfortable questions, ranging from food habits to personal lifestyle choices. Consequently, a majority of R
The Supreme Court, on March 21, 2017, warned the Sahara Group that it will auction its prime property worth Rs 39,000 crores at Aamby Valley in Pune, if Rs 5,092.6 crores is not paid R
The Public Accounts Committee (PAC) of the Maharashtra assembly has pointed out that Lavasa City Corporation‘s various tax liabilities in Pune district, included Rs 3.97 crores of land tax. The company had purchased 214 R
From the initial choice, to finalising the purchase of your first rental property as an investment, there‘s plenty of planning and work involved. You should begin hunting for your rental investment property with an R
â€œIt is incredible to own a house to fulfill my father‘s dreamâ€ Manada Chandrakant Udagatti Senior manager in a shipping company, Mumbai Women, these days, are independent and are opting to buy their own R
Across the globe, International Women‘s Day on March 8, celebrates the social, economic, cultural and political achievement of women. This year‘s theme for International Women‘s Day is â€˜Be Bold for Change‘ and change is R
Residential real estate sector In 2016, about 89,000 residential units were launched across the six major cities in India, which is 34% less than the units launched in 2015. Out of the total new R
Ashish Chandra, Business Head Maharashtra & Goa Circle, Vodafone India said, "We started our 4G journey in Maharashtra from Nagpur and followed it up with launches in 107 cities and towns within a period of 3 months. Vodafone is now expanding its services across the IT, manufacturing and education hub of Pune.
Pune is hailed as an educational hub, which attracts students not only from different parts of Maharashtra, but also from all over the country and abroad. The city is home to several prestigious institutes, R
The Bharatiya Janata Party (BJP) must be celebrating Mahashivratri in Maharashtra with slightly more fervour than usual, the festival coming a day after a resounding win for the party in local body elections in the state that many saw as a referendum on November‘s demonetisation announcement.