Construction

Real estate sector will contribute 15% to the GDP and will reach a market size of  trillion by 2030: Puri

Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri

Housing and Urban Affairs Minister Hardeep Singh Puri said on March 15 that the real estate sector is expected to contribute 15% to the GDP and will touch a market size of $1 trillion by 2030. He also said that a highly matured and developed real estate sector with an estimated market size of $1 trillion by 2030 is needed to achieve the vision of a developed India by 2047. Housing and Urban...

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month

BHIVE coworking leases commercial space from Adani Realty for ₹1.39 crore a month

Tusker Workspace Pvt Ltd that operates BHIVE coworking workspaces, has leased seven commercial units spread across an area of more than 62,000 sq ft in a office complex by Adani Realty in Bandra Kurla Complex in Mumbai at a license fee of ₹1.39 crore per month for a period of five years, documents accessed by Propstack showed. BHIVE coworking workspaces, has leased seven commercial units...

MICL working on development agreement of Aamir Khan’s housing society in Mumbai

MICL working on development agreement of Aamir Khan’s housing society in Mumbai

Man Infraconstruction Limited (MICL), a listed developer, that had announced that it will redevelop a housing society in Pali Hill area in Mumbai, where actor Aamir Khan resides, said on March 14 that it is working on the development agreement and will be ready with the final plan soon. Man Infraconstruction Limited (MICL), that had announced that it will redevelop a housing society in Pali...

NeoLiv raises ₹300 cr in first close of maiden AIF for housing projects

NeoLiv raises ₹300 cr in first close of maiden AIF for housing projects

Residential real estate platform Neoliv said on March 14 that it has raised more than ₹300 crore in the first close of its maiden Alternate Investment Fund and that the funds will be deployed to develop middle-income residential properties in Mumbai MMR, Delhi NCR, and plotted opportunities in Tier 2 cities. Neoliv has raised more than ₹300 crore in the first close of its maiden Alternate...

Leasing demand for manufacturing space likely to touch 16 mn sq ft by 2024: JLL

Leasing demand for manufacturing space likely to touch 16 mn sq ft by 2024: JLL

Leasing demand for manufacturing space has increased and is projected to touch approximately 16 million sq ft by the end of 2024, JLL India said in a report. Leasing demand for manufacturing real estate space has increased and is projected to touch approximately 16 million sq ft by the end of 2024, JLL India said in a report. (Photo for representational purposes only) (Bloomberg file photo)...

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