Retailers on an expansion spree
Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn.
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South India to see spurt in hotel rooms
The south Indian hospitality market would see an addition of 14,500 new rooms in 178 star hotels across southern states by the end of year 2012.
Chennai office space demand may dip
The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.
Regus to invests into flexible workspace in India
Regus, provider of flexible workplaces, is set to make major investments to capitalise on the accelerating global trend toward flexible working.
DLF, 3C likely to sell Noida IT park to IDFC for Rs 500cr
DLF and The 3C Company are likely to sell their IT Park in Noida to Infrastructure Development Finance Company (IDFC) for about Rs.500 crore.
Telenor to raise Rs 8k cr in Unitech JV
Norwegian telecom giant Telenor has started a process to raise up to Rs.8,000 crore in its Indian joint venture with real estate developer Unitech, said a top company executive.
RICS sets up South Asia Board to strengthen presence
The Royal Institution of Chartered Surveyors (RICS), which set up its India operations nearly three years ago, has now formed a new world region ‘RICS South Asia’ as it looks to strengthen its presence in the Asian subcontinent.
Sahara had 2 crore investors in one firm
Sahara India Real Estate Corporation had garnered investments from over 2 crore investors through three separate securities, according to an affidavit the company filed on Wednesday, September 14.
Rustomjee partners with Don Bosco for imparting vocational training to underprivileged
As part of Rustomjee Group of School’s efforts to invest in human capital for sustainable economic development, RAGC has joined hands with Don Bosco’s St. Joseph’s Industrial Training Institute to impart vocational training.
Mumbai residential property investor update
Despite the strong probability of correction of residential property prices…