Posts tagged with Bengaluru

Embassy REIT to Raise Rs 2,600 cr Via NCDs
Jan 2021 , by in News/Views

Embassy Office Parks REIT  board approved raising up to Rs 2,600 crore through issuance of non-convertible debentures (NCDs) on a private place basis to fund its acquisition of commercial asset Embassy TechVillage in Bengaluru.  The debenture committee of the board of directors of the Embassy ... Read more...

L&T Infotech, IBM Innovation Center In Bengaluru
Jan 2021 , by in ALLIED

Larsen & Toubro Infotech (LTI) said that it would expand its global alliance with IBM "to help businesses transform their operations through hybrid cloud adoption. Under this agreement, L&T Infotech and IBM plan to establish an innovation center in Bengaluru (India) in 2021.  This center... Read more...

Housing Sales Fall 47% across Top 7 Cities
Dec 2020 , by in News/Views

Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 1.38 lakh units this year on lower demand because of the COVID-19 pandemic, according to property consultant Anarock. New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seve... Read more...

Bengaluru City Limits Expansion Proposed
Dec 2020 , by in News/Views

The provision for expansion of city limits by 1km in the BBMP restructuring bill 2020, passed in the recent winter session of the state legislature, is a big positive for the real estate sector. “Property prices will appreciate primarily due to improvement in buyer sentiment. As infrastructure ... Read more...

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