November 2024

(Bloomberg) -- WeWork Inc. is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets. WeWork Inc. is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.. (Representative photo)(Pixabay) One co-working space spanning the 17th to 20th floors...

Land prices in Andhra Pradesh's greenfield capital city of Amaravati, which recorded a sharp surge when Chandrababu Naidu-led Telugu Desam Party returned to power with a thumping majority in the state assembly polls in June 2024, have now stabilised and transactions have increased in the region, according to experts who spoke to HT.com. Land prices in Andhra Pradesh's greenfield capital city of...

As many as 8,128 properties were registered in Noida and Greater Noida, representing a 6% increase during the July-September period. Greater Noida led the rally, accounting for 62% of these transactions during the quarter, as per data shared by the Inspector General of Registration. As many as 8,128 properties were registered in Noida and Greater Noida, representing a 6% increase during the...

Amazon India is moving its corporate headquarters from the World Trade Centre at north-west Bengaluru to the city's outskirts, a 15-minute drive away from the airport as a part of a cost cutting exercise, according to a Mint report. Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021.(Dado Ruvic/Reuters) This is because at the new...

Global hospitality company Hilton on November 18 announced the signing of a licensing agreement (SLA) with Olive by Embassy to open 150 Spark by Hilton hotels across India, marking the brand’s debut in Asia Pacific. The first Spark by Hilton hotels will open in Southern India with a focus on Maharashtra, Andhra Pradesh, Telangana, Goa, Karnataka and Tamil Nadu. Hilton signs licensing...

Unitholders of four listed real estate investment trusts (REITs) have received a total of ₹2,754 crore during the first half of the current financial year which is an almost 14% increase from the ₹2,417 crore distributed in H1 of the previous fiscal year, as per data shared by the Indian REITs Association (IRA). Unitholders of four listed real estate investment trusts (REITs) have received...

Redevelopment is here to stay in Mumbai for more than two decades and these projects offer massive opportunities to new real estate developers wanting to enter the space from other cities, said Boman Irani, CMD of Rustomjee Group also known as Keystone Realtors. Mumbai will also write down an entire chapter, if not the whole book, on redevelopment someday in the future, said Boman Irani CMD of...

The Commission for Air Quality Management (CAQM) invoked stricter pollution control measures for the Delhi-NCR under Stage 4 of the Graded Response Action Plan, or GRAP, effective from November 18. Real estate experts said that the move is a seasonal occurrence and has been factored in their contingency plans. GRAP 4 guidelines: Real estate experts said that the move to ban construction work is...

Across India, city residents who travel by public transport all share a common trepidation — whether the bus they want to catch has already left the bus stop. This anxiety comes from a lack of infrastructure in place to track the movement of buses on city streets, making the commute unreliable and unattractive. Rush of passengers at Mandi House bus stand in New Delhi. (Arvind Yadav/HT Photo)...

New Delhi, Nov 17 (PTI) Realty firm Prestige Estates Projects Ltd plans to launch housing projects worth ₹52,000 crore by March next year to encash surge in demand for residential properties. Realty firm Prestige Estates Projects Ltd plans to launch housing projects worth ₹52,000 crore by March next year to encash surge in demand for residential properties.(Prestige Group) In its latest...