Senior citizen Sitalakshmi Nair, a resident of Coimbatore, moved into a rental flat in Mumbai’s Matunga, to live in the same housing complex as her son. However, owing to the high rental in the … READ FULL STORY
Approximately 17,328 new residential units were launched in the three southern cities of Bengaluru, Hyderabad and Chennai in Q1 2019 – 17% higher than the previous quarter, according to the Vestian Quarterly Newsletter, ‘ … READ FULL STORY
Mahindra Lifespace Developers Limited has announced the inauguration of ‘ORIGINS’ by Mahindra World City, Chennai, located on the NH-16, near Ponneri. The industrial cluster has been developed in a 60:40 joint venture between Mahindra … READ FULL STORY
The Indian commercial real estate market is estimated to provide 294 million sq ft of REITable space from the existing office stock, according to JLL’s report titled ‘India REITs – Heralding a new era … READ FULL STORY
The Enforcement Directorate (ED), on April 24, 2019, said it has provisionally attached land and buildings in Madurai and Chennai and fixed deposits, totalling to Rs 40.34 crores of Olympus Granites Pvt Ltd, under … READ FULL STORY
New launches of housing units increased by 3% across the top nine cities in India (Gurugram, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru, Thane and Chennai), in the first quarter (January to March) of 2019 … READ FULL STORY
The market dynamics for the residential luxury segment, are different from other asset classes, primarily due to the target end-user segment and their expectations from such assets. Owning a prime piece of residential real … READ FULL STORY
A Supreme Court bench of chief justice Ranjan Gogoi and justices Deepak Gupta and Sanjiv Khanna, on April 22, 2019, said that it is not inclined to interfere with the Madras High Court order … READ FULL STORY
Mobility of students in India is increasing and it is common to see students moving to different cities, for higher education. However, there remains a dearth of good hostels and other amenities, to accommodate … READ FULL STORY
Institutional investors invested more than USD 4 billion in funds across the country’s real estate segments in 2018, according to ANAROCK Property Consultants’ latest report, ‘Private Equity in Indian Real Estate’. The commercial office … READ FULL STORY
The top seven Indian cities collectively saw the average size of budget-friendly apartments shrink by almost 17 per cent, between 2014 and 2018, according to a study. The Mumbai Metropolitan Region (MMR) topped with … READ FULL STORY
The transforming nature of work and a younger workforce, are altering workplaces from pure ‘work hubs’ into ‘social hubs’, according to a research by furniture solutions brand, Godrej Interio. The study, titled ‘Harness the … READ FULL STORY
LOGOS has acquired two logistics parks in Chennai from the Casagrand Group for Rs7 billion. This purchase marks LOGOS’ first acquisition in India, following the launch of its Indian business. Mappedu Logistics Park and … READ FULL STORY
