Realty firm Puravankara Ltd, on January 17, 2018, said that it will invest Rs 600 crores, to construct an affordable housing project in Bengaluru. The project, comprising 2,100 units, will be developed on a … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
Gurugram was the only city to witness improvement, both, in new launches and sales, by 55 per cent and 27 per cent, respectively, in 2017, according to the ‘Realty Decoded Report’ for Calendar Year … READ FULL STORY
Poonam Kasturi, a Bengaluru resident and an independent entrepreneur, has set up Daily Dump, an organic business venture that transforms garbage into valuable compost. The business, established in 2006, started off as a small … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
The Anti-Corruption Bureau (ACB) has registered a case of cheating against the former deputy chief minister of Karnataka and senior state BJP leader R Ashok, in connection with alleged irregularities in the allotment of … READ FULL STORY
The BJP, on January 3, 2018, accused Karnataka chief minister Siddaramaiah of denotifying 2.39 acres of land near Lalbagh in the heart of Bengaluru city, meant for a park and public amenities, in favour … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
Japan will offer a grant of 1.276 billion yen (approximately Rs 72.86 crores), for the implementation of an Advanced Traffic Information and Management System in Bengaluru, which will include signalling systems and traffic congestion … READ FULL STORY
Altico Capital, a non-banking finance company, promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners, recently deployed Rs 1,250 crores across five deals in Hyderabad and Pune. This includes Rs 500 crores … READ FULL STORY
The Karnataka cabinet, on December 12, 2017, approved a 29.62-km-long metro project that will connect Nagavara and Kempegowda International Airport, with seven stations on the route. The time frame for completing the project worth … READ FULL STORY
With the help of over 200 employees, Saahas Zero Waste (SZW), a for-profit social enterprise, manages over 25 tons of waste per day across Bengaluru and Chennai, through recycling and composting. “Waste is one … READ FULL STORY
As per a survey conducted jointly by the Urban Land Institute and consultancy PwC, the initial effects of demonetisation and the Goods and Services Tax (GST), have impacted the investment and development prospects of … READ FULL STORY
