Construction

Gross office leasing activity touches 15.16 mn sq ft in Q1 2024; tech remains sluggish

Gross office leasing activity touches 15.16 mn sq ft in Q1 2024; tech remains sluggish

Gross office leasing activity touched 15.16 million sq ft in Q1 2024, an increase of around 13.8% compared to the same period last year, on the back of demand from domestic occupiers, particularly in the BFSI, flex, manufacturing and engineering segments. The tech sector continued to remain sluggish, a new report by JLL has said. Gross office leasing activity touched 15.16 million sq ft in Q1...

Adaptive reuse of old, decaying buildings in metros across India | Latest News Delhi

Adaptive reuse of old, decaying buildings in metros across India | Latest News Delhi

Old, abandoned buildings, such as power plants, mills, factories, and old houses, serve as concrete links to a city’s industrial and social history, representing important stages in its evolution. As cities grapple with the twin issues of a rising population and overcrowding, the redevelopment of these neglected structures has often entailed demolishing them to make way for new modern buildings and...

Mumbai-based Godrej Properties sells homes worth over ₹3,000 crores in Gurugram

Mumbai-based Godrej Properties sells homes worth over ₹3,000 crores in Gurugram

Mumbai-based listed real estate company, Godrej Properties Ltd, on April 8 announced that it has sold over 1050 homes worth over ₹3,000 crore in its project, Godrej Zenith, located in Sector 89, Gurugram, the company said in its regulatory filing. Mumbai-based listed real estate company, Godrej Properties Ltd, on April 8 announced that it has sold over 1050 homes worth over ₹3,000 crore in...

Amitabh Bachchan has gifted one of his properties to his daughter but so can you

Amitabh Bachchan has gifted one of his properties to his daughter but so can you

Jayshree Navin Chandra and Mona DewanThere have been several instances of high net worth individuals and celebrities gifting their property to their children or grand-children. Bollywood star Amitabh Bachchan recently gifted one of his Juhu bungalows to his daughter Shweta. Some media houses have reported that Ranbir Kapoor plans to have his new bungalow registered in the name of his daughter, Raha....

Signature Global’s Q4 sales bookings touch ₹4,140 crore; FY24 pre-sales grow 112% to ₹7270 crore

Signature Global’s Q4 sales bookings touch ₹4,140 crore; FY24 pre-sales grow 112% to ₹7270 crore

NCR-based real estate developer Signature Global has reported sales bookings of ₹41.4 billion (4140 crore) in the fourth quarter of last fiscal year and ₹72.7 billion (7270 crore) in 2023-2024 fiscal respectively with year-on-year growth rate of 240% for the fourth quarter and 112% for the full year, the company said in a regulatory filing. NCR-based real estate developer Signature Global...

Country Garden appoints legal adviser, urges creditor patience

Country Garden appoints legal adviser, urges creditor patience

(Bloomberg) -- Distressed Chinese property developer Country Garden Holdings Co. said it has engaged Linklaters LLP as the principal legal adviser for its offshore debt restructuring, while urging creditors to be patient with its progress. Distressed Chinese property developer Country Garden Holdings Co. said it has engaged Linklaters LLP as the principal legal adviser for its offshore debt...

Indiabulls Real Estate to raise ₹3,911 crore through issuance of shares, warrants to investors

Indiabulls Real Estate to raise ₹3,911 crore through issuance of shares, warrants to investors

Indiabulls Real Estate on April 5 said the board has approved raising ₹3,911 crore through the issuance of shares and warrants to investors, including the Blackstone Group and the Embassy Group. Indiabulls Real Estate on April 5 said the board has approved raising ₹3,911 crore through the issuance of shares and warrants to investors, including the Blackstone Group and the Embassy...

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