Three realty firms, ATS, Logix and Greenbay, have agreed to pay their dues and obtain permission for executing registries of apartments in Yamuna authority’s jurisdiction so as to provide relief to at least 4,000 homebuyers who have been awaiting flat registries in their names. These three realtors have townships -- each spread on 100 acres along Yamuna Expressway near the Formula One circuit...
by THO
Managed office solutions provider, Table Space, has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand from corporates. Table Space has taken on lease more than 13.5 lakh sq ft of managed workspace across Chennai, Mumbai, Hyderabad and Bengaluru on the back of increasing demand from corporates. Table...
by THO
The National Company Law Appellate Tribunal (NCLAT) has said construction work at ATS Group’s Knightsbridge project may be carried out under the interim resolution professional (IRP) until further directions. NCLAT said the appeal filed by suspended director of the corporate debtor (ATS Group) submits that the ATS shall extend all assistance for carrying out the constructions. (Sunil Ghosh/HT...
by THO
Real estate major DLF Ltd on May 13 reported a 62% increase in its consolidated net profit to ₹920.71 crore in the quarter ended March on the back of strong housing sales, according to a regulatory filing. Real estate major DLF Ltd on May 13 reported a 62% increase in its consolidated net profit to ₹920.71 crore in the quarter ended March on higher income following strong housing sales,...
by THO
The return-to-office mandate has prompted a significant migration of people back to their work cities, consequently driving up the demand for rental properties. This has led to rentals in cities, especially in Bengaluru, hitting the roof. The IT city itself has witnessed rents increasing by almost 30% and this has meant prospective tenants shell out almost 7 to 10 months of rent as security deposit to...
by THO
While there has been an increase in the number of Grade A malls across the country, there has also been a 59% year-on-year rise in low performing shopping malls with approximately 13.3 million square feet of retail space categorized as 'ghost shopping centers'. Here’s a look at why Indian shoppers are deserting Grade C malls and the use to which some of these assets are being put to in order to...
by THO
Mumbai: Housing societies in Mumbai and suburbs are fertile grounds for candidates rallying to make an impression. The increasing number of gated communities are self-contained cocoons with exclusive amenities and security – they are aspirational to the outsider, but it takes a nudge to expose what lies within, as was evident recently in a Ghatkopar housing society where polarisation between two...
by THO
Market experts believe that the bearish bias will continue over the next few days as investors grapple with geopolitical uncertainity in the Middle-East, elevated bond yields, and corporate earnings season Source link...
by THO
Akshaya Tritiya: Significance And Why People Buy Gold On This Day Akshaya Tritiya is a significant day for the Hindu community in India. Also known as Akha Teej, the day falls on the third lunar day of the bright half of the Hindu month of Vaishakha. "Akshaya" translates to eternal, while "Tritiya" means third....
by THO Akshaya Tritiya: Significance And Why People Buy Gold On This Day Akshaya Tritiya is a significant day for the Hindu community in India. Also known as Akha Teej, the day falls on the third lunar day of the bright half of the Hindu month of Vaishakha. "Akshaya" translates to eternal, while "Tritiya" means third....
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