Category: Commercial Property

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

Delhi Development Authority (DDA) announced exemption on shop conversation charges.

November 18, 2019

In an important decision which would support a large number of shops in local shopping centres (LSC) in areas such as Greater Kailash, Defense Colony, South Extension, etc, the Delhi Development Authority (DDA), at its meeting on Thursday, granted an exemption from conversion charges to shops that initially auctioned as purely commercial property. “DDA wanted […]

Delhi Development Authority (DDA) announced exemption on shop conversation charges.more

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.

November 14, 2019

When you think about commercial property investment you probably want to carry out a comprehensive market analysis for the investment and may not understand how to do it. There are different types of data that may or may not be relevant to you. It is worthwhile to extract the data which is relevant to you […]

Thinking of investing in a commercial property? Check these 5 crucial points for making the best commercial investment.more

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.

Embassy Property Developments could raise its investment trust joint-venture with Blackstone, Embassy Office Parks Reit, to as much as Rs 6,500 crore from the selling of office space. The area is part of the TechVillage Embassy in Bengaluru. Embassy Office Parks Reit CEO Michael Holland stated: “We got an offer from Embassy Sponsor and we are deciding […]

Embassy Office Parks Reit receives an offer of Rs 6,500 crore.more

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.

November 13, 2019

Morgan Stanley, the global investment bank, has been taking up almost 800,000 sq. ft of office space at Mumbai’s suburb in Oberoi Realty’s Commerz project; it is one of the largest built-to-suit office space deals in the country. The contract is for 15 years, which includes a fixed term of 10 years and an option […]

Global investment bank Morgan Stanley has acquired the biggest deal in Goregaon, Mumbai.more

Entities involved in Land Banking and its effect on the real estate sector.

November 12, 2019

Land banking consists of aggregating the plots or land blocks for future sales or construction at current or below-market rates. A land aggregator aggregates land-based on social infrastructure and demographic factors by monitoring the geographical and topological locations that are ready for investment. The land usually originates in an unprepared format to the aggregator, whereby the land […]

Entities involved in Land Banking and its effect on the real estate sector.more

Oshiwara District Centre will be the next business hub in the line of BKC.

As a next central business area on the route of Bandra Kurla Complex (BKC), MMRDA is quickly developing the Oshiwara District Center (ODC). ODC aims to offer high quality residential, commercial and retail spaces, situated strategically between Goregaon and Andheri-Lokhandwala, with the new technological facilities, spread over 160 acres. ODC is intended to develop as […]

Oshiwara District Centre will be the next business hub in the line of BKC.more

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.

November 9, 2019

India Ratings and Research said in their reports that the home buyers will be benefited that are awaiting possession of their homes, by the India government’s decision to set up a Rs 25,000 crores fund to provide a priority for debt financing to complete stalled housing projects. The Fund would provide an alternative outlet to net-worth-positive […]

India Ratings suggest the imbalance of Demand-Supply may worsen with the Government’s Rs 25,000 crores fund.more