Construction

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around ₹7,100 crore, according to sources. Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around ₹7,100 crore, according to sources.(REUTERS) Embassy Office Parks REIT is India's first Real Estate...

Real estate major DLF said on December 20 that it has sold commercial units in its newly launched shops-cum-offices (SCO) project in Gurgaon and independent floors project in Panchkula for more than ₹1400 crore on the back of increased demand from property investors. Real estate major DLF said on December 20 that it has sold commercial units in its newly launched shops-cum-offices (SCO)...

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The Uttar Pradesh government on Tuesday waived off penalties and slashed the interest applied on dues by real estate developers, paving the way for potentially hundreds of thousands of homebuyers to be able to register properties in their name. While a large part of these stuck units are simply unfinished, many of these are where the builder has completed projects but has not settled land dues...

The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee on delayed real estate projects, bringing relief to lakhs of aggrieved homebuyers who have been waiting to receive possession of their homes, some of which are stuck for more than a decade. The Uttar Pradesh Cabinet on December 19 approved the recommendations of Amitabh Kant committee on delayed real...

Live: Nifty hit fresh record highs; closes at 21,446 l FMCG, metal, oil & gas gain l Bajar Gupshup Coal India, Nestle India, Tata Consumer Products, NTPC and Reliance Industries are among the top gainers on the Nifty, while losers are SBI Life Insurance, Hero MotoCorp, Adani Ports, Wipro and Adani...

JN.1 Coronavirus Variant On Rise | How Dangerous Is It? India detected its first JN1 case in Kerala’s Karakulam on December 8. A 79-year-old woman tested positive in an RT-PCR test. The confirmation of JN1 has put the Centre and states on alert. The health ministry is in touch with state authorities and is...

What to eat: Add chia seeds to your diet to manage diabetes, lower cholesterol, grow muscles Health benefits of chia seeds: Loaded with a long list of nutrients, including healthy fats, fibre, protein, vitamins, minerals, and antioxidants, chia seeds are fast emerging as must-have ingredients in every healthy...

The office sector has witnessed sustained growth in demand in 2023 despite the global sluggishness and the net absorption in office market is expected to be at par with 2022 to close at 37-39 mn sq ft, according to JLL recent report titled ‘2023: A Year in Review’. The office space in India's top seven markets is expected to increase to over 800 mn sq ft by the fourth quarter of 2023, up...

A few days ago, Adar Poonawalla, CEO of Serum Institute of India that manufactures the Covishield vaccine, reportedly closed a deal to buy London’s most expensive house of the year worth approximately ₹1446 crore. He agreed to pay the amount for a 25,000 square foot Mayfair mansion, Aberconway House which is a 1920s home near Hyde Park. Besides Poonawalla, there are several UHNIs who have made the...