Posts tagged with Mumbai

Office Space Demand to Shrink
May 2020 , by in Latest News, News/Views

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...

Mumbai Luxury Residential Prices Dip 5%
May 2020 , by in News/Views

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...

Retailers Offered Rebates on Rents
May 2020 , by in News/Views

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 Bank 97% NPAs; Most in Real Estate
May 2020 , by in ALLIED

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...

Bavdhan-An Upcoming Suburb
May 2020 , by in Interviews

Authored by Shailesh Puranik, Managing Director, Puranik Builders Pvt Ltd Nestled in Sahyadri hills, Pune is a metropolis with a pleasant climate and good infrastructure, offering a quality lifestyle for all -- from young and old to homemakers and office goers to entrepreneurs. With several IT ma... Read more...

CREDAI Initiates Mobile Dispensary Vans in Mumbai.
Apr 2020 , by in ALLIED

Bhartiya Jain Sanghatana, Desh Apnayen & CREDAI MCHI have collectively in association with MCGM have taken initiative to start Mobile Dispensary Seva Vans in Mumbai. To begin with 5 mobile seva vans were kick started on April 28 at NSCI Worli which was inaugurated by Hon’ble Mayor Smt. Kishori... Read more...

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