Stable values to propel residential sales
On the residential side, about Rs 2,000 crore worth of investment expected. As many as 350 affordable units to be handed over in the first week of May
Mumbai’s Bandra Kurla Complex was the 5th most costly office conclave in terms of the gross effective rents it commands, jumping two places from Q4 2016.
In 2018, sales increased by 29.3 percent to 17.26 million square feet compared to 13.35 mn sq ft over the same period a year ago.
Issues facing Bengaluru’s office market include unplanned urbanisation, pressure on infrastructure, rising rents and supply crunch
Tata’s realty business now will include commercial real estate and housing businesses and will be run as a joint business.
Home rental network NestAway Technologies today said it has raised USD 51 million (about Rs 330 crore) from investors including Goldman Sachs and a joint venture firm of noted industrialist Ratan Tata.
Outlook for commercial real estate stable, says report
According to experts, over the last few years, the limited amount of supply in the market has constrained take up of commercial space in most markets.
The tax department had contended that GNIDA was involved in commercial activities, including giving properties on rent, taking premiums and business administrative charges etc.
Initially characterised by domestic operators, the market now has a more diverse range with international entrants including WeWork, The Executive Centre and Regus
The company plans to start construction of its “aspirational luxury’ project in the next three to six months...
While some experts feel that this is an 'excellent move' and will affect the Delhi-NCR market the most, builders are of the view that it will lead to a further liquidity crisis.
A glut of housing units and weak demand were also key reasons for the decline, the credit ratings agency said in a report.
Over 70 percent developers felt that major changes have been made in both customer and vendor agreements.
Out of the total of 500 developed surveyed, only 88 builders were voted as trustworthy
Smart buildings expected to become a popular space choice and inferior buildings likely to become obsolete
The Digital & Technology (D&T) Centre was inaugurated by Vinay Pratap Singh, Deputy Commissioner (DC) of Gurugram along with Chandra Dhandapani, Chief Digital & Technology Officer, CBRE and Anshuman Magazine, Chairman, India & South East Asia, CBRE
The firm works with developers, landowners, capital providers including private equity funds, banks, insurance companies and financial institutions.
Bengaluru led the overall office demand with a market share of 36%: Colliers Research
Of these investments, Rs 80 crore is invested in Kumar Properties’ residential project (8 lakh sq ft) and Rs 70 crore is deployed in Naiknavare Developers’ residential project Avon Vista (6 lakh sq ft.).
Annual absorption of office space in India crossed 42 million sq ft in 2017, signaling continued growth of the segment.
US President Donald Trump’s eldest son, Donald Trump Jr, expected to be in India in the first quarter of 2018
The company operates the Holiday Inn hotel in Kolkata under a management contract with Intercontinental Hotels Group.
The legal precedents established in 2017 have laid the foundation for the ‘rules of engagement’ in the real estate sector and these will have a long-term impact