KPMG
Indiabulls Asset Management, part of Indiabulls group, has stated that they have appointed Mr.Ambar Maheshwari, as CEO of its alternate investment funds business which it is under the process of being up. The AIF team will be investing primarily in real estate. Maheshwari was previously the Managing Director of Corporate Finance at Jones Lang LaSalle. [...] Continue Reading »
The ‘Infrastructure 100: World Class Markets Report’included Delhi Metro amongst its prestigious list of projects that have been deemed to qualify world class standards of innovation. Apart from the Delhi Metro, the Yamuna Expressway was also amongst the list of 100 most innovative infrastructures in the world which is a prestigious nomination for the projects. [...] Continue Reading »
IIM Calcutta’s post-graduate program for executives for visionary leadership in manufacturing (PGPEX-VLM) has completed its final placements for its batch of 2013-14. The good news is that there is an 11 % increase in average salary and it has gone up to Rs 14.75 lakh, compared to Rs 13 lakh last year. The highest salary [...] Continue Reading »
KPMG released a report at a real estate-banking conclave organized by the National Real Estate Development Council (NAREDCO) in Mumbai on Wednesday. It came up with some data which might work as an eye opener to the current government. A fifth of the urban and rural households have very limited access to housing facilities, potable [...] Continue Reading »
Everstone Capital is a private equity firm in the process of purchasing a minority stake in lifestyle mall operator Fun Republic in Mumbai, which is also controlled by Subhash Chandra Goel. Up to thirty percent of this Essel Group company might be bought by the firm that is promoted by Sameer Sain and Atul Kapoor. [...] Continue Reading »
One of India’s top office space developers (RMZ Corp), has signed fresh leases for over 1.5-million sqft of office space and sold close to a million sqft, signaling continued demand for office space in the country’s IT capital. All of this commercial space action is happening at RMZ’s 52-acre Ecoworld IT Park located on Outer [...] Continue Reading »
With the growing urbanization and the need for affordable housing in the country, Union Minister for Housing and Poverty Alleviation feels that the developers can manage the situation. The challenges of these two factors are growing in the metro cities of India, but he feels developers can handle the challenges. Approximately 50% of the population [...] Continue Reading »
The office space market in Bangalore seems to have taken a hit as office space absorption has been dropping by about 12 percent quarter-on-quarter. According to Jones Lang LaSalle (JLL) India, the first quarter witnessed growth due to companies like Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark [...] Continue Reading »
The Bangalore real estate market has shown ample transactions in May, while vacancy rates plummeted due to stable demand amid limited fresh supply, according to a recent report by Jones Lang LaSalle (JLL) India. Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark 1 and Ericsson leasing in Umiya [...] Continue Reading »
