Category: Commercial Property

Commercial Property

Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.

May 12, 2021

According to a Knight Frank report, prime office rentals in Bengaluru and Mumbai dropped 8% and 6.2%, respectively, from January to March 2021 versus the preceding year. According to the consultant’s Asia-Pacific Prime Office Rental Index Q1, 2021 survey, prime office rents in the national capital region (Delhi-NCR) fell by just 1% from January to March […]

Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.more

OMAXE CHOWK – Chandni Chowk, Delhi – Next-Gen Shopping destination with iconic design, unmatched features, modern amenities and more

January 10, 2021

If you have been looking for Asia’s largest wholesale market to cater to all your needs as a retailer, a buyer and an investor, Omaxe Chowk is your ideal destination. Strategically located in the heart of Chandni Chowk, Omaxe Chowk is the largest development in Chandni Chowk so far. This 22-metre high building is expected […]

OMAXE CHOWK – Chandni Chowk, Delhi – Next-Gen Shopping destination with iconic design, unmatched features, modern amenities and moremore
Governments-Ownership-Scheme

What is the Government’s “Ownership Scheme”?

October 24, 2020

The Central government has recently launched an important scheme for people living in rural areas. Its name is the Government’s ‘Ownership Scheme’. Prime Minister Narendra Modi launched the scheme on 24 April 2020 on National Panchayati Raj Day. They will be given property cards. Introducing the scheme, the PM distributed property cards to some people. […]

What is the Government’s “Ownership Scheme”?more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

ICRA predicts overall real estate inventory to decrease by 40-60%.

August 29, 2020

ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]

ICRA predicts overall real estate inventory to decrease by 40-60%.more

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.

August 27, 2020

Recently, the owner who leased his four-story building at the Regional Office of the HDFC Bank in Indore paid a 20% lower rent from the HDFC Bank. The landlord had no choice but to accept this since he could not know whether he could get another customer to occupy all four floors of the building. […]

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.more

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.

August 20, 2020

More than a decade ago, this prime sea-side plot of the Charni Road in southern Mumbai was to build the country’s tallest 125 storey luxury hotel. Some years later, a plan was revised and two 60-story residential towers were built on the 2.2-acre land. However, all of the plans have been void. The land would […]

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.more
Commercial Property

Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.

August 17, 2020

India’s pandemic-crushed in and around Bengaluru and Hyderabad commercial property renting market that is being sprouted up by deals also major cities such as Mumbai and NCR see changes going back to normal. Negotiation with builders is done by Apple for a 350,000 sqft office space in Bengaluru which will work its global markets, and […]

Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.more
Co-working Space

Hyderabad co-working spaces seek to have rent revision.

April 30, 2020

Over a time when industry forecasts suggest that the co-working market would experience a major shock as a result of the lockdown because they cater for a wide portion of start-ups and medium-sized enterprises, major players in the city claim they are drawing up plans to tackle the situation – from increasing working hours and […]

Hyderabad co-working spaces seek to have rent revision.more
invest

Indian real estate market experiences a decline in institutional investment by 58%.

April 21, 2020

Institutional investment in the Indian real estate market has dropped from a year earlier to $712 million during the quarter ended March by 58%. Total investments in the financial year 2019-20 experienced a 13% fall at $4.26 billion-the lowest for four years, a report by JLL India shows. Several events affected the downturn, including the […]

Indian real estate market experiences a decline in institutional investment by 58%.more