NEW DELHI: Flexi office space provider Inspire Co-Spaces has taken up 1.6 lakh sq ft space at Rupa Renaissance, a grade-A building in Navi Mumbai, a senior company executive said. The company already has four centers with the capacity of 1700 seats in Andheri, Goregaon, Belapur, and Thane. The 5th center located at Juinagar, Navi […]
NEW DELHI: The highest decision-making body of the DDA on Wednesday gave its nod to the new online housing scheme of the urban body that is planned to be launched next year, officials said. About 1,210 flats will be on offer under the scheme for various category of flats at locations such as Dwarka, Jasola, […]
Max Estates has started construction of its new commercial project, comprising around 0.7 million square feet of office and retail spaces on the Noida Expressway. Max Estates will develop the project ‘Max Square’ with New York Life Insurance Company as a financial partner. It will have 51 per cent and the New York Life Insurance […]
Property buying can often be messy. Jargons float around and you can be confused with all the legalese. We made it simple for you. Use this handy guide to help you navigate the real estate pitfalls you may encounter while buying a home. While purchasing property, it is essential to check that the following documents […]
NEW DELHI | MUMBAI: Occupancy at malls have still not reached pre-Covid level even after reduced rentals and a Covid-19 triggered churn amongst clients that saw top retailers grab marquee properties across the country, said a report by a real estate consulting firm. Vacancies at malls in NCR, Pune, Bengaluru, Chennai and Hyderabad have risen […]
GURUGRAM: Mayor Madhu Azad on Tuesday directed the MCG and town and country planning department (DTCP) officials to expedite the work to takeover 11 private colonies. In a meeting chaired by Azad on Tuesday, she told the officials that the residents living in these colonies have demanded that the takeover should happen at a faster […]
New Delhi: The Greater Noida authority, the landlord for New Delhi’s sprawling south-eastern suburbs, expects revenues of Rs 500 crore from 14 commercial plots it plans to auction by the end of the month, a top official told ET. As some of the plots are located near the India Expo Mart, which hosts the automobile […]
New Delhi: Greater Noida authority will take over stuck housing projects in the region to ensure timely delivery to homebuyers. The authority said that the funds and companies are taking over such projects at low valuation and as a results homebuyers, lenders and even the authority has to take a haircut. “We will inform the […]
NEW DELHI: WeWork India has launched about 1.65 lakh sq ft flexible workspace in Embassy Manyata NXT building in Bengaluru. The location has capacity of over 3,500 desks. Karan Virwani, CEO of WeWork India, said, “The new location is customised to fit the needs of all enterprises, SMEs, startups and entrepreneurs.” It will be the […]
GURUGRAM: The department of town and country planning (DTCP) has proposed that the fee for de-sealing residential properties that have been sealed for running commercial activities from the premises be raised 10 times along with a bank guarantee. Officials said the proposal was made because the current fee for de-sealing such properties is too low […]
MUMBAI: Bank of America has leased nearly 4 lakh sq ft of office space from the Savvy Group in Gujarat International Finance Tec-City (Gift-City), in one of the largest commercial real estate transactions during the pandemic period, said two people with direct knowledge of the development. The American multinational investment bank and financial services company […]
GURUGRAM: The mismatch between construction and money collected by developers from buyers has emerged as the biggest area of concern in the affordable housing segment. This is because unlike regular group housing projects where payment is linked to the status of construction, investment is time-bound in the affordable segment. And because of this, a number […]
