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Category: Commercial Property

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
office

Office workplace to focus on creating wide spaces to comply with social distancing standards.

April 20, 2020

COVID-19 outbreak and government-mandated social distancing standards will affect workplace requirements and designs in the coming future as businesses look at ways to safeguard their employee’s health. Companies working in commercial complexes are required to uphold social distancing norms and be able to confront any unexpected health issues. Many firms, particularly in information technology and […]

Office workplace to focus on creating wide spaces to comply with social distancing standards.more
Raising Funds

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.

Motilal Oswal Real Estate (MORE) raised Rs 1,150 crore from high net worth individuals for its fourth realty fund to invest in housing and commercial ventures around six major cities, a senior company official stated. The fundraising exercise for the India Realty Excellence Fund IV (IREF IV) started in September 2018, and a pledge of […]

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.more
Real estate

Mumbai and Pune city may not get the relief benefit for the construction projects.

April 17, 2020

The updated guidelines for ongoing construction projects provided by the Center on April 15 have come as a significant relief to the builders as workers stationed at such sites are now able to begin construction work. The updated guidelines, however, also confirmed that such work cannot be performed in places designated as COVID-19 hotspots. Mumbai […]

Mumbai and Pune city may not get the relief benefit for the construction projects.more




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