Net office absorption across the top eight cities (Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune), is likely to surge by up to 10% to 32.4 million sq ft in 2017, the highest … READ FULL STORY
Across the country, aspiring property buyers are waiting for the Real Estate Regulation Act (RERA) to be implemented by the state governments. Once the RERA becomes an enforceable law, it will change the way … READ FULL STORY
The union cabinet, chaired by prime minister Narendra Modi, on December 7, 2016, approved the development of Pune Metro Rail Project Phase-1, an official release said. The project will comprise of two corridors – … READ FULL STORY
Mayur Patil, a property developer who operates in the Thane region, was surprised when Rashmi Garg, a non-resident Indian (NRI) from Britain, insisted that she would only invest in Lonavala as her holiday home. … READ FULL STORY
Retirement doesn’t have to be synonymous with ‘biding your time’. Senior citizens are now discovering the joys of retirement in second homes that offer several comforts and facilities. Take, for instance, Dharamvir Singh and … READ FULL STORY
Piramal Group’s financial services arm, Piramal Fund Management (PFM), plans to expand its portfolio in the commercial segment, by offering flexi lease rental discounting (LRD) for completed commercial assets and is targeting a book … READ FULL STORY
The collection of taxes and arrears by urban local bodies from citizens, in the form of demonetised currency notes, crossed the Rs 1,000-crore mark, on November 21, 2016. The time for accepting demonetised notes … READ FULL STORY
Nearly 9.6 million sq ft of Grade A office space was absorbed, during the July-September quarter of this year, according to a report by property consultant Colliers International. As per the survey, southern cities … READ FULL STORY
A majority of Indians across the country are extremely apprehensive with the property market and feel that in spite of the slowdown, the industry’s practices have not changed. On a scale of 0-1,000, the … READ FULL STORY
There is real estate and then there is something called ultra-luxurious real estate. It’s that property which is out-of-bounds to the well-heeled and information about it is available only to a handful of privileged … READ FULL STORY
Hundreds of farmers from at least seven villages in Purandar tehsil in Pune district, where a greenfield international airport is proposed to be set up, staged a protest, claiming that the project will hit … READ FULL STORY
One does not tend to think of Pune as a metropolitan city, especially when compared to neighbouring Mumbai. Unlike Mumbai, however, Pune has the benefit of being able to grow spatially and it has … READ FULL STORY
Nearly two-thirds of the prospective home buyers, as many as 62%, will not buy their dream home this festive season. Expectation of a price correction, is the biggest deterrent for these home seekers this … READ FULL STORY
