Real estate community in Puducherry was taken for a surprise on Friday, July 29, when three beggars walked into the community panchayat office at Thirunallar in the city to take part in the auction of commercial complexes.
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs.120 crore.
DLF is planning to expand its luxury retail business. Having opened its luxury mall Emporio in the Capital about two years ago, DLF is exploring an opportunity to open a similar outlet in Delhi in the near future.
I cannot help but feel puzzlement at Air India’s sudden decision not to rent out space in what is one of the most valuable real estate assets in the financial capital of Mumbai.
ASK Property Investment Advisors, part of the financial services group ASK Group, has made a first close of its second real estate fund at Rs.520 crore.
Working in the insane hustle and bustle of a metropolis like Mumbai is a unique experience, and it brings with it an opportunity to witness the dynamics of this rapidly urbanizing world.
Bhubaneswar for long has been on the fast track of real estate development with malls and apartments mushrooming everywhere. Only one luxury was missing-a multiplex.
Buying an office or retail space is a huge investment, which is why commercial real estate has been traditionally seen as an asset class that only institutional investors or heavyweight HNIs could invest in.
While the city of Mumbai is known for living in cramped space with high-rise & high-density being the norm, Kohinoor City has opted for low-rise and low-density township.