Category: Commercial Property

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.

February 1, 2020

Finance Minister Nirmala Sitharaman today introduced a new discretionary personal income tax regime and unveiled a multibillion-dollar farm, infra and healthcare package to boost the country’s economy. Emphasizing capacity building and empowering oppressed sections of the society while preserving the creators of wealth, Sitharaman said this budget would improve people’s income and purchasing power. Finance […]

Latest Update: Finance Minister Nirmala Sitharaman budget speech 2020 highlights.more

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.

January 29, 2020

Thirty years is a short time in a rising metropolis and as the commercial hub of the Bandra-Kurla Complex became a hotspot, MMRDA decided to make it more lucrative by preparing a cosmopolitan development of taller buildings, and greener spaces. A master plan to construct 28 commercial and 10 residential buildings in BKC’s E Block […]

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.more

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.

December 16, 2019

The Greater Noida Industrial Development Authority (GNIDA) would shortly become an e-Authority with GIS and ERP systems carrying all services and infrastructure works. In the next three months, the two facilities will be launched with various other services becoming completely online. The Geographic Information System (GIS) will be able to map all facilities, along with […]

Greater Noida Industrial Development Authority will soon carry all services and infrastructure works online.more

The increasing demand for Co-working space in MNCs, Corporates and SMEs.

December 14, 2019

Over the last four years, co-working has been geared to its growth. India is at the forefront of a working revolution with several companies and SMEs rather work out of co-working areas rather than traditional offices. Many small and large players set up operations in 2019, and in the seven top cities in India, there […]

The increasing demand for Co-working space in MNCs, Corporates and SMEs.more

MahaRERA edicts to appoint only skilled labours for quality construction.

December 6, 2019

MahaRERA will now allow only skilled workers at construction sites to ensure quality construction and prevent accidents. The workers will also benefit from insurance coverage for their family members. The MahaRERA has already started to recruit employers’ organizations and also ensuring that the workers do not lose their wages for the day. “The process of […]

MahaRERA edicts to appoint only skilled labours for quality construction.more

RBI disagrees to change the repo rate, real estate developers show disappointment to the decision.

The real estate developers expressed disappointment at the decision of the Reserve Bank of India to maintain the status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. The Reserve Bank of India since February has reduced interest rates by cumulatively 135 basis points in five consecutive reductions in […]

RBI disagrees to change the repo rate, real estate developers show disappointment to the decision.more

CM Uddhav Thackeray announced a stay for Metro construction in Aarey Colony area.

December 2, 2019

On November 29, Maharashtra Chief Minister Uddhav Thackeray declared a hold to the construction of the metro shed in the city’s green lung Aarey Colony, where a large number of people had protested against the cutting-down of trees for the development. However, he explained that the work of the Mumbai metro project was not stopped […]

CM Uddhav Thackeray announced a stay for Metro construction in Aarey Colony area.more

Thailand based real estate developer will be developing co-working space for Students and Startups.

November 30, 2019

Magnolia Quality Development Corporation (MQDC) a Thailand real estate development company is going to launch its first-ever co-working office space under the name Whizdom Club in India. It is being said that they will be developing two more properties in Delhi NCR and is assessing opportunities for property development. The first of the three proposed […]

Thailand based real estate developer will be developing co-working space for Students and Startups.more

WeWork Company plans to remove non-performing sites as the net loss increases to $1.25 billion in Q3 2019.

November 20, 2019

On Wednesday, the WeWork owner declared a net loss that has been more than doubled to $1.25 billion in the third quarter, as the company’s operator added a record number of desks to its global network but was unable to control rising costs. In the quarter ended Sept. 30, WeWork opened 97 new sites, the […]

WeWork Company plans to remove non-performing sites as the net loss increases to $1.25 billion in Q3 2019.more

Prestige Group acquires a joint venture deal for a Commercial property located in Bandra, Mumbai.

November 19, 2019

Prestige Group, the real estate company, has purchased 28.99% stake in the commercial development of a DB Realty project. This Commercial property is located in Mumbai’s Bandra area which is having over 7 lakh sq ft development potential and priced at approximately Rs 2,100 crore. The joint venture will develop a project for mixed uses, […]

Prestige Group acquires a joint venture deal for a Commercial property located in Bandra, Mumbai.more

Category: Commercial Property

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