DLF will invest close to Rs 1,700 crore in developing about 3.7 million sq ft of office space and a data centre in Noida, a senior executive told ET. The real estate company has leased about 360,000 sq ft of space at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres (STT […]
NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said infrastructure companies should also float their own non-banking financial companies (NBFCs) to fund road construction related projects. Gadkari further said the National Highways Authority of India (NHAI) should also have a financial arm like the Power Ministry’s Power Finance Corporation (PFC) or […]
NEW DELHI: Anoop Kumar Mittal, founder of SpaceMantra, an online marketplace for the construction and interior industry, hopes to become an unicorn company in the next two years and is also planning to raise money in the next couple of months. In conversation with ETRealty, Mittal talked about the reasons to start a new venture […]
GURUGRAM: The Haryana Rera (H-Rera) held a meeting with representatives of about 50 RWAs in the city to discuss the overall agenda of an upcoming RWA conclave. The RWAs had earlier alleged that the agenda of the conclave and panellists were decided without any consultations or discussions with them and threatened to boycott the event. […]
GHAZIABAD: The layout maps of two projects in Crossings Republik were cancelled on Tuesday after the Ghaziabad Development Authority (GDA) found that the developers had included in their plans land belonging to some farmers. The inquiry against the developers was carried out on a complaint by councillor Rajendra Tyagi, who claimed that a group of […]
Nucleus Office Parks, the operating platform for fully-owned office properties of India’s largest commercial real estate owner Blackstone Group, has revised its leasing guidance upward for the year led by robust uptick witnessed in demand owing to strong revival in business environment post the Covid19 pandemic. “The large-scale hiring across key sectors and return to […]
GURUGRAM: Not just the sweltering summer heat, frequent disruption in power supply is also making lives miserable for the residents of Tata Gurgaon Gateway in Sector 112. According to the residents, an 11 KV feeder line from a substation near Palam Vihar supplies power to their flats. This is because the developer is yet to […]
Wire and cable manufacturer Polycab India has acquired a sea-view office spread over two floors at commercial tower The Ruby in central Mumbai’s Dadar locality for over Rs 202 crore in one of the few large outright deals for office spaces in the recent past. The company’s newly acquired office spread over 55,400 sq ft […]
MUMBAI: The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai. According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum […]
NEW DELHI: The draw of lots for the DDA Special Housing Scheme 2021, which is offering 18,335 flats of different categories at various locations in Delhi, is slated to be held on April 18, officials said on Wednesday. The housing authority has received about 12,400 applications for it, a senior official said. The number of […]
GURUGRAM: The comprehensive structural audit of Chintels Paradiso, where a cave-in of flats killed two residents on February 10, is expected to begin in a week, district administration officials said on Friday. The move comes amid severe criticism from residents, who have accused the government of dragging its feet on the critical exercise and moved […]
NEW DELHI: iSprout; a managed office space provider, will take three lakh sq ft office space in total in Hyderabad & Bengaluru with the $4 million funds raised in the Pre-Series A round. The project will facilitate around 4,000 to 5,000 seats. “We aim at an aggressive expansion in prime Indian cities and iSprout is […]
