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COMMERCIAL REAL ESTATE NEWS
Whitefield, Outer Ring Road, and South Bengaluru drive office rental boom in IT capital
November 29, 2024 10:16 pm
Developed under the guidance of IIMB professors Venkatesh Panchapagesan and Soudeep Deb, and IIMB doctoral student Kapil Gupta, the Commercial Property Rental Index covers Grade A and A+ rentals across 10 cities from Q1 2012 to Q3 2024
Housing sales in 2022 hits nine-year high; office leasing rises 36% in top eight cities: Knight Frank
January 10, 2023 3:05 pm
While housing sales rose 34 per cent to 3,12,666 units in 2022 across eight major cities, the gross leasing of office space increased 36 per cent to 51.6 million square feet.
Bumper year for real estate as city sees maximum property sale registrations in decade
January 02, 2023 3:24 pm
As per Knight Frank India, in 2022, over 1.21 lakh residential property sales were registered in Mumbai city, earning the state exchequer Rs 8,887 crore in revenue from stamp duty and registration fees.
L&T Realty, CapitaLand to develop 6 million sq ft of prime office spaces in 3 cities
November 07, 2022 3:53 pm
L&T will build and develop the office spaces while CapitaLand India Trust (CLINT) will market them. CLINT will acquire ownership of these properties in a phased manner.
Mangal Prabhat Lodha named India's richest real estate developer by Hurun India
March 24, 2021 7:16 pm
With a wealth of Rs 44,270 crore, Mangal Prabhat Lodha of Macrotech Developers (Lodha Group) topped the list of richest real estate tycoons for the fourth year in a row. According to GROHE Hurun India Real Estate Rich List 2020, his wealth increased by 39 per cent in 2020.
Bengaluru real estate: Mid-segment housing units sold most in first quarter, says report
November 08, 2019 2:06 pm
Interestingly, Devanahalli on the outskirts of the city, where the Kempegowda International Airport is situated, has also garnered the interest of buyers due to "proximity to the airport and ample land availability."
‘Demand for commercial real estate picks up in few pockets’
April 18, 2015 12:29 am
Experts feel that the trend in net absorption of office spaces is set to rise on account of the government’s ‘make in India’ push and an overall pick-up in the economy.
Commercial realty players to disclose hypothecation
November 04, 2011 12:37 am
Currently,a builder or a developer has to disclose the name of the bank to which the property is mortgaged
Union Bank's stock target price slashed
October 25, 2011 1:03 pm
In 2Q12,the company increased its loan exposure to stressed sectors like textiles and gems and jewellery.
Commercial real estate loans jump 21.4 per cent
April 30, 2011 1:57 am
Housing loans rise 15%,or Rs 45K cr in 2010-11; Total credit offtake up 20.6%
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