Addressing an event, after inaugurating projects to the tune of Rs 100 crores in Pataudi, Haryana chief minister Manohar Lal Khattar said that the government was planning an authority for the development of industries … READ FULL STORY
First, it was the Delhi Metro, which proved to be one of the successful public transport infrastructure layouts in India, in the 21st century. The success of the Delhi Metro, spurred other similar projects … READ FULL STORY
The 16-km-long Southern Peripheral Road (SPR) in Gurugram, once completed, will directly connect Golf Course Road with National Highway 8 (NH 8). This key road originates from Gurgaon-Faridabad Road near Ghata Kanarpur and meets … READ FULL STORY
A Supreme Court bench, comprising chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on October 23, 2017, asked jailed Unitech Ltd’s managing director Sanjay Chandra, to establish his bonafide by depositing … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) and other reforms coming into force, developers are rushing to complete partially completed projects and obtain their completion certificates, to avoid falling under the purview … READ FULL STORY
Three Indian metros – Bengaluru, Mumbai and Delhi – earned the highest prime office yields, among 34 leading international markets, according to a report by Knight Frank, titled ‘Global Cities: The 2018 Report’. Bengaluru … READ FULL STORY
The Supreme Court, on September 20, 2017, directed embattled real estate firm Unitech Residential Resorts Ltd, to pay Rs 80,000 each as compensation to 39 home buyers, towards litigation cost and causing harassment to … READ FULL STORY
Private equity inflows into Indian real estate is expected to USD 4 billion in 2017. However, a low risk appetite among investors, is likely to trigger a shift in investments’ share from the residential … READ FULL STORY
While refusing to grant interim bail to jailed Unitech promoters, Sanjay Chandra and Ajay Chandra till September 15, 2017, in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project, … READ FULL STORY
A Supreme Court bench, comprising chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on September 4, 2017, warned Parsvnath Developers that if the cheques given to union minister Rajyavardan Singh Rathore … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
As the office demand continued to intensify in Q2 2017, an upward pressure on rental values was observed in a few micro-markets across India. A high rental growth was seen mostly in the southern … READ FULL STORY
