Rental
SBI capital bought the space worth more than Rs. 70 crore from Marathon Realty through a tender process that concluded last week. This office space is for shifting the operations of SBI Cap’s broking subsidiary SBI Cap Securities Ltd (SSL) from its present location and some activities of the investment bank’s operations. The investment bank [...] Continue Reading »
Reality major Unitech has signed a deal with Aricent and Fidelity to lease about one million square feet in Gurgaon Infospace Tikri special economic zone (SEZ). The deal is estimated to be worth between Rs. 1,000 crore and Rs. 1,100 crore. Three million sq ft of the total 3.3 million available space at the building [...] Continue Reading »
When whole of the country was witnessing a slump in real estate, Bangalore faired bit well amidst all the chaos. Inspite of hike in property prices and high interest rates, the garden city performed better than all other metros. As compared to other metros, residential sales in Bangalore saw a fall of only 7% as [...] Continue Reading »
The year 2011 was filled with sentiments for Indian real estate market. Neither the rental nor the apartment sales did well this year! As the Indian realty is balancing on the demand and supply foundation, the result is not surprising. May it be share equities, hike in interest rates, increase in property prices, high inflation [...] Continue Reading »
