Retail leasing in India increased by 114% year-on-year between January-September 2022, primarily driven by fashion and apparel brands, shows a recent report by real estate consulting firm, CBRE South Asia. The report highlights the … READ FULL STORY
Hyderabad, the capital of Telangana, has emerged as a hub for manufacturing industries due to its strategic position in south-central India in the early 1900s. By the early 2000s, the manufacturing sector here was … READ FULL STORY
ICICI Bank External Benchmark Lending Rate (I-EBLR) is referenced to RBI policy repo rate with a mark-up over repo rate, ICICI Bank said in a notification. The one-year MCLR now stands at 8.30 per … READ FULL STORY
The Grade-A office stock in India’s 4 mega cities requires upgrade and retrofits to improve its future sustainability that would require an estimated investment of around Rs 23,380 crore, shows an assessment by property … READ FULL STORY
Real estate developer Shriram Properties Limited and ASK Property Fund, the alternate asset investment division of ASK group, have signed a Memorandum of Understanding (MOU) for setting up an investment platform for the acquisition … READ FULL STORY
Property registrations in Mumbai stood at 8,276 units in October 2022, contributing over Rs 705 crore to the state revenues, says the latest report by property brokerage firm Knight Frank India. The state government … READ FULL STORY
According to a Savills India report, Goa has emerged as a preferred destination among buyers looking for second homes due to high rental yields ranging from 4 to 10%. The trend is seen in … READ FULL STORY
As air pollution levels touch new lows after the Diwali festivities, a central government panel has recommended a ban on construction activities in the Delhi-National Capital Region (NCR) on October 29, 2022. The construction … READ FULL STORY
To have better lifestyle, health, and overall well-being, homebuyers constantly look for better space to enjoy quality time with friends and families. After the COVID-19 pandemic, the homebuyers are not only looking four walls … READ FULL STORY
The upcoming Jewar airport may be ready six months ahead of the planned schedule, according to a top official. “The first phase construction is going on in full swing and we are 6 months … READ FULL STORY
National Asset Reconstruction Company (NARCL) has acquired its first bad loan on October 27, 2022, with no counteroffer made for its bid for Jaypee Infratech. The government-promoted bad bank will only acquire loans Jaypee … READ FULL STORY
Even though global headwinds seem to have caused a slight dent, resilient domestic economic conditions continue to fuel positive consumer sentiment, shows a recent survey by property brokerage firm Knight Frank and real estate … READ FULL STORY
To provide tax relief to lakhs of property owners, the Lieutenant Governor of Delhi, Vinai Kumar Saxena, announced a one-time property tax amnesty scheme, Samriddhi 2022-23’ on October 25, 2022. Samriddhi, the acronym for … READ FULL STORY
