February 2024

Smartworks leases 100,000 sq ft in Gurugram

Smartworks leases 100,000 sq ft in Gurugram

Managed workspace platform, Smartworks, has leased 1 lakh sq ft of space in a Grade A commercial building in Cyber City, Gurugram, the company said on February 20. Managed workspace platform, Smartworks, has leased 1 lakh sq ft of space in a Grade A commercial building in Cyber City, Gurugram. The RK Four Square is connected to MG Road, Golf Course Road, NH-8, and the International Airport,...

Raymond Realty launches project in Bandra with ₹2,000 cr revenue potential

Raymond Realty launches project in Bandra with ₹2,000 cr revenue potential

Raymond Realty, the real estate arm of Raymond Group, on February 20 announced the launch of its first project outside Thane in Bandra, Mumbai, that has a revenue potential of over ₹2000 crore, the company said. Raymond Realty, the real estate arm of Raymond Group, on February 20 announced the launch of its first project outside Thane in Bandra. The Address by GS, Bandra, is a joint...

Hotel industry expected to witness revenue growth of 7-9% in FY2025: ICRA

Hotel industry expected to witness revenue growth of 7-9% in FY2025: ICRA

The Indian hotel industry is expected to witness a 7-9% revenue growth in FY2025, over the 14-16% growth expected in FY2024. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period, are likely to drive demand in FY2025, a report by ratings agency ICRA has...

Office fit-out costs across India increase by 4.5% Year-on-Year: JLL

Office fit-out costs across India increase by 4.5% Year-on-Year: JLL

The average office fit-out costs across India increased by 4.5% with the average fit-out cost per sq ft rising to ₹5,788 from ₹5,546 last year. Mumbai continues to be the most expensive city in India for office fit-outs at an average of ₹6,588 per sq ft followed by New Delhi at ₹6,068 per sq ft. Tokyo claims the top spot in Asia Pacific, as per JLL’s Asia Pacific Fit-Out Cost Guide...

Compare listings

Compare