India has additional warehousing development potential of 193 mn sq ft: Knight Frank India Healthy demand growth in Pune, Mumbai, Ahmedabad in FY 2020; NCR saw largest volume of absorption of warehousing space Patna and Jaipur witnessed over 3X growth in warehousing demand of 200% and 223%... Read more...
Realty+ Project of the Day Blue Fortuna by Atul Projects India Pvt. Ltd. Location: Marol Military Road, Marol, Andheri East, Mumbai Blue Fortuna is an iconic project that offers a complete lifestyle with an elegantly planned layout. The ground level is surrounded by greenery that adds ... Read more...
Indian's start-up capital Bengaluru has been ranked in the world's top 30 start-up ecosystems. Topped by the Silicon Valley in California, Bengaluru is at the 26th spot and the only India city to feature in the list by ‘The Global start-up Ecosystem Report 2020’ by start-up Genome. While Delh... Read more...
End-user demand for Asia Pacific data centres remained robust in H1 2020, supported by the adoption of Big Data, Industry 4.0, Internet of Things, 5G and cloud computing. Henry Chin, Ph.D. Head of Research, APAC/EMEA The surge in data storage and processing requirements resulting from i... Read more...
With the lockdown looking at yet another extension, lease rentals between Rs 250 and Rs 300 a sq ft per month may come under pressure as per property experts. The rents could decline by at least 20% to 30% as companies cut costs and retrench employees. Corporates occupying large floor plates may ... Read more...
In view of a huge backlog of cases at the NCLT, the government will start identifying benches to specifically deal with insolvency and Companies Act-related matters, an official in the corporate affairs ministry said on Saturday. In this regard, the ministry will start with the NCLT benches of De... Read more...
Sai Estate Consultants Chembur Pvt. Ltd. (SECCPL), a leading real estate consultancy firm from Mumbai, has introduced #SaiKaPartner, a one-of-kind campaign that connects the real estate ecosystem virtually to encourage consumers to up-skill and be self-employed. Anyone can become #SaiKaPartner by... Read more...
Luxury residential market of Mumbai is likely to see a price decline of 5% in the year 2020 owing to the impact of Covid-19 on luxury residential property markets around the world. For the year 2021, Mumbai’s prime residential prices are expected to witness an additional decline of 3%, showed data... Read more...
There’s been a role reversal during the coronavirus era, with malls now offering their tenants buy-now-pay-later deals. Brigade Malls in Bengaluru is extending a 50% rebate on rent to its tenants from mid-March until its two malls reopen. Phoenix High Street Mall in Mumbai is giving retailers the ... Read more...
CKP Co-operative Bank, which bit the dust on May 2, has nearly 97 percent of Gross Non-Performing Assets (GNPAs), a lot of which are loans given to small and mid-sized real estate developers. Over the years, CKP Bank had built its business by lending to mostly small and mid-sized real estate develop... Read more...
