2024

10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway

10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway

The Yamuna Expressway Industrial Development Authority (Yeida) has approved a plan to develop a 10,500 hectare urban centre -- about half the size of Noida city -- along the 165km Yamuna Expressway to Agra, with an aim to facilitate the setting up of manufacturing units to generate jobs and new business opportunities in the region, officials who took part in the authority’s 79th board meeting on...

Co-working firms want Budget 2024 to provide for ITC, allow green credits

Co-working firms want Budget 2024 to provide for ITC, allow green credits

With just a day to go for Budget 2024, flexible office firms are hoping that it will provide benefits to co-working companies such as lower goods and services tax, input tax credit and sops for firms that adopt energy efficient practices. Co-working firms are hoping that Budget 2024 will provide benefits such as lower goods and services tax, input tax credit and sops for companies that adopt...

MCD extends deadline for geotagging properties to Feb 29, 2024

MCD extends deadline for geotagging properties to Feb 29, 2024

The Municipal Corporation of Delhi has extended the deadline for commercial and residential properties in the Capital to be geotagged by their owners until February 29, 2024, MCD said on January 30. The Municipal Corporation of Delhi has extended the deadline for commercial and residential properties in the Capital to be geotagged by their owners until February 29, 2024, (Sanjeev Verma/HT...

Boney Kapoor to develop Film City project as he placed highest bid

Boney Kapoor to develop Film City project as he placed highest bid

Film maker Boney Kapoor's Bayview Projects LLP and Bhutani Group will jointly develop Film City project in sector 21, near Noida airport at Jewar, as it placed the highest bid taking over the project leaving behind other three players. Boney Kapoor's company will develop Noida's Film City in Sector 21. The four companies that were qualified in technical evaluation including Bayview Projects...

Barclays leases office space for 5 years at ₹2.08 crore per month in Mumbai

Barclays leases office space for 5 years at ₹2.08 crore per month in Mumbai

Barclays has leased 64,995 sq. ft. in a building known as Altimus in Worli, Mumbai, for five years at a starting monthly rent of ₹2.08 crore, documents accessed by FloorTap.com showed. Barclays has leased 64,995 sq. ft. in a building known as Altimus in Worli, Mumbai, for five years at a starting monthly rent of ₹2.08 crore. Barclays has paid a security deposit of ₹12.48 crore for the...

Is capital appreciation the key motivation for realty investors to buy property?

Is capital appreciation the key motivation for realty investors to buy property?

A member of the Parle Products' promoter family, Ambika Chauhan Aibara, recently bought two sea-facing luxury apartments in South Mumbai for over ₹47 crore. The two flats are located in a luxury real estate project K Raheja Modern Vivarea in Worli. Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment, signaling the return of investors to...

Sunteck Realty to launch luxury projects in Mumbai with a GDV of ₹3000 crore

Sunteck Realty to launch luxury projects in Mumbai with a GDV of ₹3000 crore

Listed real estate developer Sunteck Realty Limited, said on January 29 that it will develop two luxury housing projects in two of Mumbai's sought‐after locations, Nepean Sea Road in South Mumbai and Bullock Road, Bandstand in Bandra (West), with a Gross Development Value (GDV) of ₹3,000 crore, the company said in a regulatory filing. Sunteck Realty Limited, said on January 29 that it will...

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