March 2024

Housing sales in top seven cities record 14% increase in Q1 2024; prices rise by 10-32%

Housing sales in top seven cities record 14% increase in Q1 2024; prices rise by 10-32%

As many as 1.30 lakh housing units were sold in Q1 2024 across the top seven cities on the back of increase in demand which is a 14% yearly rise against approximately 1.13 lakh units sold in January-March period in 2023, according to data shared by Anarock. As many as 1.30 lakh housing units were sold in Q1 2024 across the top seven cities on the back of increase in demand which is a 14% yearly...

Singapore prime office rents jump to highest since 2008 defying commercial property slump plaguing other financial hubs

Singapore prime office rents jump to highest since 2008 defying commercial property slump plaguing other financial hubs

Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs. Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs. Gross effective monthly rents for premium office space in the city’s central business district...

Repeat of 2023: A day on, fire rages at Noida horticulture waste dumping yard

Repeat of 2023: A day on, fire rages at Noida horticulture waste dumping yard

A fire that broke out at a dumping ground in Noida’s Sector 32 on Monday evening continued to burn even on Tuesday evening, leaving residents of nearby sectors with choked lungs and a burning sensation in their eyes. All horticulture waste from across Noida is dumped at that plot for conversion into compost. The guard who was on duty there on Monday evening said some two or three people had...

‘No registry, no vote’ campaign gathers steam at Noida, Greater Noida high-rises

‘No registry, no vote’ campaign gathers steam at Noida, Greater Noida high-rises

Fed up with false assurances and desperate to get their flats registries done, homebuyers and residents of several societies in Noida and Greater Noida West have joined “No Registry, No Vote” campaign and have put up large banners on their society gates and balconies. Earlier on March 15, HT reported that the ”No Registry, No Vote” banners were put up at Sector 75’s Futec Gateway...

Share of GCCs in office transactions in Chennai increases by 55% in 2023

Share of GCCs in office transactions in Chennai increases by 55% in 2023

Global Capacity Centres (GCC) focused transactions dominated more than half of the office volume deals in Chennai during 2023, totalling 6.02 mn sq ft across 71 deals, a report by Knight Frank India said. Global Capacity Centres (GCC) focused transactions dominated more than half of the office volume transactions in Chennai during 2023 (Picture for representational purposes only)(Pixabay) The...

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