Asia
Knight Frank Asia Pacific has introduced the market’s first-ever Prime Asia Development Land Index which obtains the cost of prime residential and commercial development land in 13 major cities across Asia that consists of cities like NCR, Bengaluru and Mumbai in India. Key Takeaways Mumbai Modification in development rules coupled with increase in prime residential [...] Continue Reading »
Intercontinental Hotels Group (IHG), a UK-based leading hospitality chain, after five decades in India and 19 hotels, is planning to open 45 more properties in the next three to four years. Next to China, within Asia, this is the second highest pipeline. In the Indian market the company has put in $390 million and is [...] Continue Reading »
National Buildings Construction Corporation (NBCC), a public sector company, planning to redevelop at least three government housing projects worth Rs 5,000-6,000 crore in various parts of the country. Also, the company is looking to expand its business in Africa and West Asia. NBCC Chairman Anoop Kumar Mittal informed that an agreement for makeover of a [...] Continue Reading »
The Kerala government has come up with the decision to start an academy for the real estate construction workers. The academy is to be named as “Kerala Construction Academy” which is looking forward in providing education for the unskilled laborers who are working in the construction and real estate sector. Confederation of Real Estate Developers’ [...] Continue Reading »
