There are many pitfalls in taking a commercial building on lease. It is imperative to have a thorough understanding of the area and one’s own requirement from the premises. Commercial lease agreements usually involve … READ FULL STORY
The absence of a benchmark or an index in India to see changes in rents and assess the worthiness, especially over a period of time, of an office property had proved to be an … READ FULL STORY
The Hiranandani Group has announced the establishment of a new vertical ‘GreenBase’, which will provide best-in-class Logistics and industrial parks, with a pan-India footprint. India’s burgeoning logistics sector is estimated to require 839 million … READ FULL STORY
Mumbai’s Bandra-Kurla Complex (BKC) owes a large share of its success to the connectivity factor, which has improved significantly, since the start of the project in 1977 by the Mumbai Metropolitan Region Development Authority … READ FULL STORY
Connaught Place in New Delhi has the sixth most-expensive rentals for premium offices, among 20 major markets in the Asia-Pacific region, according to data from global real estate consultant, JLL. The average occupancy costs, … READ FULL STORY
Real estate developer K Raheja Corp has received a Gold rating certification, for Building 12 A in its commercial business park Mindspace, at Madhapur in Hyderabad, from the US Green Building Council (USGBC). Mindspace … READ FULL STORY
Various private equity (PE) players such as Xander, Blackstone and Brookfield, are sharpening their focus on the Indian real estate industry, especially the commercial segment, with several large transactions recorded in the country so … READ FULL STORY
The Global City Project in Gurugram district could receive a host of changes in the Gurugram-Manesar Urban Complex Plan 2031 that will make the mega project look very different with a slew of amendments … READ FULL STORY
India witnessed a robust demand for office spaces in Q3 2018, recording approximately 12.3 million sq ft of gross absorption, indicating a 23 per cent growth over the corresponding period in 2017. As a … READ FULL STORY
In a bid to strengthen its existing commercial portfolio, Puravankara Limited has laid down an ambitious long-term strategy for the segment. Based on their current land portfolio, the Group envisions an expansion plan of … READ FULL STORY
Godrej Fund Management, the real estate private equity arm of the Godrej Group and Godrej Properties Limited, have entered into a joint venture with Hero Cycles Limited for their Golf Course Road property in … READ FULL STORY
The glistening façade of Cyber City in Gurugram, arguably the most visible and iconic commercial project of modern India, is giving way to a more rugged and non-shiny look. The process has been gradual … READ FULL STORY
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
