Dubai Co in Mussoorie to Build Hotel, Villas
Dubai-based Atmosphere Living has entered into a joint development agreement to develop villas and a hotel in Mussoorie with an investment of ₹550 crore, a senior executive said. The company also plans to develop holiday home projects in Goa, Lonavala, Himachal Pradesh, and Jaipur, with further expansion to international destinations. “We have already raised almost […]
Buses will run on 25 new routes, 600 new stops, 3 intercity terminals will also be built.
Vehicles on the roads equal to the population of the city, to transport the public on public transport.The expansion and population of the city is continuously increasing, but in this regard, public transport is not yet available. In view of this, now the city transport company AICTSL and the administration will increase public transport. AICTSL, […]
LTCG Tax Parity may Bring More Family Offices to Startupsland
Likely to increase capital allocation to startups on abolition of angel tax, tax parity as well as valuation reset New Delhi: Family offices of millionaires are likely to increase capital allocation to new age companies following the parity being brought in via long term capital gains (LTCG) tax which would be reduced to 12.5% on […]
Hope • If both projects materialize, connectivity of Pithampur, Indore, Ujjain and Dewas industrial areas will become easier.
New settlements will come up, if 21 km economic corridor and 22 km Ahilya Path are built, heavy vehicles will be out of the city; this will reduce the traffic load of bypass and ring road. Indore : The 21 km long Economic Corridor and the 22 km long Ahilya Path are such projects that […]
L&T Realty, Valor Sign Pact for ₹20k-er Mumbai Project
Mumbai: L&T Realty, the property development arm of Larsen & Toubro, has entered into a binding agreement with Valor Estate, earlier known as DB Realty, to jointly develop a more than 20,000-crore project on a 10-acre land parcel in Mumbai’s Bandra-Kurla Complex (BKC), said people aware of the development. Both companies are planning to build […]
Coworking Firm Redbrick Buys Office in Mumbai for Rs. 267 crore
Coworking and managed space provider Redbrick Offices has acquired commercial properties spread over nearly 90,000 sq ft in Marol locality of Mumbai’s western suburb Andheri for over Rs. 267 crore. The company has bought this office space spread over three floors in a commercial complex, Times Square, through its subsidiary Red Fox IT Infra LLP […]
Institutional Investors’ Appetite for Indian Realty Grows
Investor optimism due to robust performance of warehousing, residential & office space segments; sector gets $3-b inflows in H1 of 2024; Mumbai leads with $1.7-b PE investments The Indian real estate market is experiencing a buoyant phase, characterized by a surge in institutional investment despite global economic uncertainties. The optimistic outlook is largely due to […]
Nielsen Media Picks Up 1.52-L sq ft Office Space on Lease in Mumbai
Nielsen Media, a global major in audience me asurement and analytics, has picked up an office space spread over four floors in a commercial complex in Mumba i’s western suburb Goregaon through a long-term lease of over 10 years. The total rental outgo for the company for the over 152,000 sq ft office space in […]
Reliance Retail is Gearing up to Do a Decathlon
ATHLEISURE IN FOCUS Rel Retail may lease up to 10K sq ft in malls to launch sports format New Delhi: Reliance Retail is planning to launch a sports for- mat, which will compete directly with French retailer Decathlon to cash in on the surge in athleisure products post pandemic, three people aware of the development […]
Hathipala Bridge started; Direct connectivity from Jawahar Marg, Siyaganj, Ranipura to Loha Mandi, Juni Indore and Gaadi Adda, 3 km and 1 hour will be saved
Traffic will get great relief • The new bridge will be called Bajrang Setu, the 70 year old bridge was only 20 feet wide, now the width is 60 feet Hathipala Bridge, built at a cost of Rs 5 crore, was started on Monday. The new bridge will be called Bajrang Setu. The width of […]
