In recent years, the trend of investing and leasing in the commercial market has witnessed a huge jump across major Tier-1 cities. However, Bengaluru has always led this market because of the presence of many MNCs, IT companies and startup and coworking spaces. But, according to recently released data, it has been revealed that Hyderabad […]
Continue ReadingA day ago, Oberoi Realty Ltd purchased approximately 60 acres of land in Thane, Maharashtra for worth Rs. 890 crores. The developer in its regulatory filing said that the company has successfully closed the deal with GlaxoSmithKline Pharmaceuticals Ltd (GSK) for acquiring the land that measures upto approximately 2,40,140 square meters. For this land parcel, […]
Continue ReadingIn a recent development, the Punjab government has announced many relief policies for the default developers who have till now have not been able to clear their past dues. The government has announced an installment policy that will help them in recovering remaining dues from such developers. According to government officials, at present, the outstanding […]
Continue ReadingBMC i.e. the Brihanmumbai Municipal Corporation issued directives to the developers for the creation of urban forests by using the Miyawaki technique in all their upcoming projects that fall under their jurisdiction. According to the directives, each building should create 50 percent open space in the common compound as an urban forest. The civic officials […]
Continue ReadingPuravankara, the real estate giant of South India stepped into the co-living and warehousing segments to expand its business, an official said. This Bengaluru-based firm emphasizes on developing residential housing has planned to launch its maiden co-living project in Goregaon, Mumbai and this project will cover more than 350,000 sq ft area. Ashish R Puravankara, […]
Continue ReadingIn a recent development, the Assotech Realty gave 1.5 lakh sq ft of prime office space on lease to IndiaMART InterMesh Ltd in its commercial project in Noida, Uttar Pradesh. The company finalized this deal at an annual rent of more than Rs. 7 crore. Assotech Realty is constructing 18 lakh sq ft of commercial […]
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