Commercial projects
One of the major commercial regions of Delhi-NCR, Gurgaon is witnessing a fast paced development and demand of office space in less than 10,000 sq ft category off late. The city has been witnessing a great demand for office property which has an area of about 1000-5000 sq ft. Also with the increased supply of [...] Continue Reading »
Kochi is seeing spurt in the real estate sector, owing to IT developments. The city has seen launch of new residential, IT, retail, commercial and infrastructure projects over the last few quarters. The residential values of prime localities witnessed a 12-15 per cent hike in values, while rental recorded a growth of up to 25 [...] Continue Reading »
Despite a slowdown in the real estate sector, Mumbai – based Lakshachandi Realty has stated that it expects a 25 per cent increase in revenue in the current fiscal. The company identifies their success is due to timely execution of its projects. The realty firm had earned revenues of Rs 250 crore in the last [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has violated the Karnataka High Court’s order by granting permission to construct nine commercial complexes in Malleswaram. An interim order passed in January, HC said, it will not be giving permission to reconstruct or redevelop residential areas near private homes in areas like Jayanagar, Malleswaram, Richmond Town and Vasanthnagar. [...] Continue Reading »
New residential project Maangalya Suryodaya in Marathalli is launched by the Maangalya Developers. 2BHK and 3 BHK apartments are available in this residential project. Total 101 apartments will be constructed in 10 floors of 3 blocks. The project site is at premium location of Marathalli. It is well connected to the entire Bangalore by the [...] Continue Reading »
The Singapore government’s sovereign fund GIC will invest into Bandra-Kurla Complex project by Godrej Properties. More than $100 million will be invested into the project. Godrej Properties will construct the project over 2.5 acre BCK land with a joint development agreement with Jet Airways. Godrej Property also planning to sell a stack in the project [...] Continue Reading »
In the global retail development index India is standing at fourth place, as it has a huge opportunity for retail growth. As the retail industry in India is expanding, the consumption of commercial real estate spaces will increase in near future. Though there is huge potential for the retail market to consume the commercial projects, [...] Continue Reading »
When the large scale builders and developers are successfully entering in tier II and tier III cities, the local builders are struggling to maintain proper business strategies with more transparency in projects. As the second level cities have become more cosmopolitan in nature, the local builders are trying to increase their market position in those [...] Continue Reading »
The higher officials of Orris Infrastructure has confirmed that they are planning to invest Rs 7 billion in the upcoming township project. Along with residential complexes, Orris planned to develop commercial and retail spaces in the project. The township is coming up on the Yamuna Expressway. In the first phase of the project 850 group [...] Continue Reading »
Imperia structure in collaboration with Kanu Estate, set up its first office in Jaipur. Being the capital city of Rajasthan, Jaipur has the potential of growth and is considered as the best place for investment. Imperia group has its footprints in several cities like Patna, Muzaffarpur, Lucknow, etc. in India. The Imperia structure has developed [...] Continue Reading »
