Housing Affordability Sees Improvement Across Cities
Rise in income levels and favourable macro-economic indicators key factors. Mumbai: Affordability of housing in India’s major property markets has improved in 2023, thanks to a consistent rise in income levels and favourable macro-economic indicators. Despite mortgage rates staying firm in the past one year, the affordability level- the income proportion needed to cover monthly […]
India Inc Sets Up Transformation Offices to Guide Complex Projects
Move aimed to manage big projects involving multiple consulting cos Jai: Companies are increasingly setting up dedicated in-house transformation offices to effectively manage large-scale trans- formation projects involving multiple consulting firms, given the growing complexity and multifaceted nature of consulting assignments, said industry executives. In 2023, they said, there have been more than two dozen […]
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 […]
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 […]
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 […]
