Development gained momentum – 255 elevators and escalators will be installed at metro stations.
The metro project is being implemented rapidly. For this, work is also being handed over to the concerned contractor firms. Recently, tenders related to drawing, design, security and other works including fare collection system were approved. Similarly, elevators and escalators are to be installed at metro stations. For this, the contract has been given to […]
We Work India Leases 1.3L sq ft Space in Chennai
Coworking major We Work India on Tuesday said it has entered Chennai market and has taken on lease 1.3 lakh square feet of office space in Chennai to open a new Centre with a capacity of 2,000 desks. In a statement, Bengaluru-based We Work India said, it has taken on lease over 1,30,000 square feet […]
MNCs’ India-facing Ops and GCCs Drive Office Demand
OFFICE SPACE RENTAL GROWTH Mumbai: India-facing businesses of multinational companies and global capability centres (GCCs) have driven the demand and absorption of office spaces, helping rental growth and reducing vacancies of commercial properties across the country in the first quarter of 2024. Building upon the robust performance observed throughout 2023, the market has sustained the […]
Co-working Space Operators Emerge 2nd-largest in Office Leasing for First Time in Q4
New Delhi: Flexible space operators have emerged as the second- largest sector in the office space leasing for the first time during the January-March quarter as large operators continue to take up space the fulfill the growing demand from global corporates. According to CBRE data, of the total 14.4 million sq ft leased in the […]
Tech in property: Customers of online property deals increased by 43%, companies will invest Rs 1000 crore on AI, machine learning, blockchain.
Bhaskar Swas • Startups will change the face of real estate market, business will be worth Rs 8 lakh crore in 6 years. Under special contract with Dainik Bhaskar Bengaluru The trend of online property deals in India will increase rapidly in the next few years. With the help of technologies like AI, machine learning […]
‘Accor Should have IK Hotels in India’
French hotel chain to open more luxe hotels in country, target no.1 position, says exec. New Delhi: India should expect to see more luxury hotels of brands such as Fairmont, Raffles and Sofitel in the years ahead besides hotels of other brands from Accor’s luxury and lifestyle division, said Sébastien Bazin, group chairman and CEO […]
EPIC Designers Buys Land in Odisha to Set Up *220-cr Mfg Unit
Bengaluru: EPIC Designers, a sustainable fashion company based in Hong Kong, has recently ac quired 40 acres of land to set up ita manufacturing unit in Bhubanes war, Odisha, valued at around 220 crore. The proposed manufacturing unit will come up at the IDCO Industrial Estate and aims to sup port the company’s future business […]
UK’s BII Looks to Go Big on India’s Affordable Housing, MSME Sectors
Development finance institution looking for innovative funding ideas, says top executive. Kolkata: Multinational funding organisation British International Investment (BII) is looking to raise exposure to India’s affordable housing finance and micro, small and medium enterprises (MSME) the sectors that receive continuous government support and have shown significant improvements in asset quality metrics. The British government’s […]
Bhanwarkuan flyover 70% work done, if temple site is found then one lane will start in April.
Indore | Up to 70% work of Bhanwarkuan intersection flyover has been completed. Only the steel girder is yet to be launched in the lane of Art and Commerce College. The girder is to be inserted just above the dome of the temple. Both solid approaches of the remaining bridge preparations have started. A lane […]
NBCC Sells 480k-sq-ft Commercial Space in Delhi Project for ₹1.9k cr
New Delhi: NBCC has sold approx- imately 480,000 square feet of commercial space for about ₹1,905 crore in the World Trade Centre project at Nauroji Nagar in New Delhi. Major organisations such as Power Finance Corporation, Security Printingand Minting Corporation of India, and Solar Ener- gy Corporation of India participated in the recent e-auction and […]
