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 […]
Delta to Invest ₹100 crore in Peninsula Land
Mumbai: Jaydev Modyled Delta Corp has entered into an agreement to invest in Ashok Piramal Group’s real estate development company Peninsula Land. The developer will be issuing equity shares and compulsorily convertible debentures (CCDs) to Delta to raise ₹100 crore a as part of this strategic collaboration. The company will be issuing 15 million equity […]
Metro line will be laid over the railway line.. steel girder reached
Will take block from railway and install it near MR-10 bridge For the first time, the city’s metro line will also be laid over the railway line. First this work will be done near MR-10 bridge on Indore-Dewas rail line. steel girder bridge for have reached near. There is a possibility of getting permission from […]
Hiranandani Group Ventures into Property Development Management
Mumbai: Hiranandani Group has forayed into the property development management business under which the property developer will form alliances and provide development, construction, design, marketing, and sales-oriented solutions to other realty companies across the country. The Mumbai-based group will also assess potential partners- hips to revive stalled or stressed projects under its new business vertical […]
