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Commercial space

Ahmedabad realty bags 50,000 new residences

Ahmedabad realty bags 50,000 new residences
Even though the realty sector of India is witnessing a slowdown, Ahmedabad real estate seems to bag 50,000 new residential units in the mid-segment category in next two years. Commercial space absorption rate has outdone the pre-recession levels in the city. This market overview of Ahmedabad was released by one of the leading real estate [...] Continue Reading »

Malls let out for office space!

Malls let out for office space!
The developers and builders find way to keep their rental spaces occupied! Wherein few of the builders have started letting out their mall spaces for office usage. It is well known that the realty market at present is not doing good. Therefore to balance the present critical realty environment, the developers in Bangalore and Mumbai [...] Continue Reading »

Realty market rising real in Marathahalli

Realty market rising real in Marathahalli
Marathahalli and the surrounding areas has seen a quiet rise in realty market in recent times. The place can not be termed as a “village” (halli) anymore! There has been a boom in residential as well as commercial spaces in the area with rents growing up from as less as Rs 200 to Rs 25000 [...] Continue Reading »

HDIL to sell two acres land for Rs 300 crore

HDIL to sell two acres land for Rs 300 crore
Housing Development & Infrastructure Ltd (HDIL), a renowned real estate developer is to sell a two acres plot in Andheri, Mumbai. The deal has been stuck at around Rs 300 crore between HDIL and another real estate group. This plot was already a part of the land on which its residential project Metropolis was being [...] Continue Reading »

Mumbai developers to earn less due to new DC rules!

Mumbai developers to earn less due to new DC rules!
Mumbai based developers are very much affected by the newly amended development control regulations. After the recent amendments in DC rules, it is predicted that there might be a hike in property prices which would effect the margin of the developers. As per the new rules, common areas like balcony, flower beds, terraces etc will [...] Continue Reading »

Brigade Enterprises to raise Rs 150 crore through PE fund

Brigade Enterprises to raise Rs 150 crore through PE fund
Brigade Enterprises, a Bangalore based real estate developer has plans of raising Rs 150 crore from a private equity fund. The developer will raise the amount by discharging one of its commercial property in Whitefield. The project they are planning to discharge is Summit Brigade Metropolis having a built up area of 800000 square feet [...] Continue Reading »

Thane 2011 realty a major slump

Thane 2011 realty a major slump
The sale of apartments and commercial space in Thane city showed a major drop over this year. The shooting realty prices and the rising mortgage rates are considered as base factors for severe plunge in realty sales. Even though the rental deals have seen growth to some extent, the housing units sold or resold has [...] Continue Reading »

Thousands of commercial spaces unoccupied

Thousands of commercial spaces unoccupied
It has been traced that several thousands of commercial space is lying idle in many cities like; Chennai, Pune, Bangalore, Kolkata, Delhi NCR. Developers in these cities have built up many buildings in huge spaces which is hardly being used. Real estate experts say that the commercial real estate market all over India is facing [...] Continue Reading »

Kozhikode crowned best growing City in India

Kozhikode crowned best growing City in India
Kozhikode is now an eye-catching destination for the investors and the property buyers. The property developmental projects are at its best and most of the international brands are aiming to invest on here. Since 1980′s city is known for its richness and also this was the district which had benefited the most in gulf. Henceforth [...] Continue Reading »



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