Fifteen overbridges in Indore next year
Indore Special Representative. About 15 new bridges will be built in the city by the end of 2024. Some are being built, some are in the planning. With their construction, the city can get some relief from the traffic problem. Indore Development Authority (IDA), PWD and Madhya Pradesh Road Development Corporation (MPRDC) have taken up […]
Phuti Kothi overbridge worth Rs 55 crore is being built at the fastest speed
However, the authority has decided to construct 11 overbridges in the near future, out of which 4 overbridges have already been started. These days, the work of the overbridge being built at Burti Kothi intersection is going on at the fastest pace. This 625 meter long and 6 lane overbridge is being built by spending […]
Godrej Prop Eyes ₹3kcr Top Line from New Project
NEW DELHI Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around 3,000 crore as it seeks to encash a rise in demand for premium residential properties. The company will develop nearly 750 apartments in a 9.5-acre housing project ‘Godrej Aristocrat located at Sector 49 […]
Property Values in Top Cities See Highest Appreciation in a Decade
Home prices up 10-15% on low inventory, increased buyer interest and rising rental costs, shows report. Bengaluru: Residential property values in the country’s top six cities increased by 10-15% in 2023, mar- king the highest capital appreciation rates in a decade, driven by low inventory increased buyer interest, and rising rental costs, ac- cording to […]
‘Housing Affordability may Improve Next Yr’
Likely 60-80 bps repo cut next year may keep prices at comfortable levels: JLL India study. Mumbai: The affordability for ho me purchases is expected to improve for the better in 2024, based on the expectation of a 60-80 basis point repo rate cut during the year. This is expected to keep buyers’ affordability within […]
Air India Leases Around 6.2 L sq ft in Gurugram for Training Centre
New Delhi: Tata-owned Air India has leased about 6,20,000 square fe- et space in Gurugram’s Sector 75 for its training center. The airline will pay an annual rental of about 60 crore, and it has leased the property for a period of 21 years, said people close to the development. They said the developer will […]
New colonies and townships of Sanchi will also come under the ambit of Sanchi milk in Indore.
Convenience • Outlets will also be opened in the outer areas of the city, 45 retail counters are running. Now new colonies and townships on the outskirts of the city will also come under the ambit of Sanchi Milk. Indore Milk Union is going to appoint super stockists for the next three years for distribution […]
Delhi-Mumbai Expressway by 26 January. Indore-Ahmedabad Highway will be connected to
Indore will get second connectivity through 35 km long road Indore. The people of the city and surrounding areas are going to get direct connectivity from both directions of Delhi-Mumbai Expressway. A new greenfield highway is being built from Dewas to Garoth via Ujjain, on the other hand, the work of providing another connectivity from […]
Panattoni Plans to Invest over €100 m in Indian Property Market
One of the biggest developers in the world set for 7-8 m sq ft growth by next fiscal. Bengaluru: Panattoni, one of the largest industrial real estate develo- pers in the world, plans to invest over €100 million in the Indian mar- ket with a total built-up area of 7-8 million sq ft by the […]
Flexible Office Space Market Set for Big Growth in India
Shared workspace segment may touch 80m sq ft by 2026, says Colliers-FICCI report Bengaluru: Shared workspaces are on the rise in India, with stock expected to touch 80 million square feet by 2026, comprising 9-10% of the total Grade A office stock in the country, according to a Colliers- FICCI report. Flex space stock across […]
