Construction

Bengaluru records 1 million square feet retail leasing during January-June 2024, up 39% year-on-year: Report

Bengaluru records 1 million square feet retail leasing during January-June 2024, up 39% year-on-year: Report

Bengaluru recorded a 39% growth in leasing across its high streets and malls during the January-June period of 2024, according to a report released by property consultancy CBRE on July 30. Bengaluru recorded 1 million square feet of retail leasing during the January-June period of 2024, report says (representational photo)(REUTERS) Total retail leasing in the IT capital during the first half...

Bengaluru’s one-time settlement scheme ends tomorrow, property tax dues worth ₹549 crore still pending

Bengaluru’s one-time settlement scheme ends tomorrow, property tax dues worth ₹549 crore still pending

Property tax dues worth ₹548.94 crore are pending against nearly 2.88 lakh properties spread across eight zones in Bengaluru, according to data shared by the Bruhat Bengaluru Mahanagara Palike (BBMP) on July 30. Property tax dues worth ₹549 crore still pending before the one-time settlement scheme in Bengaluru ends tomorrow (Representational photo)(Aniruddha Chowdhury/Mint) July 31 is...

Sonu Nigam sells commercial property in Mumbai’s Andheri West area for ₹7 crore

Sonu Nigam sells commercial property in Mumbai’s Andheri West area for ₹7 crore

Bollywood playback singer Sonu Nigam has sold a commercial property worth ₹7 crore in Mumbai, documents accessed by Propstack showed. Sonu Nigam has sold a commercial property worth ₹7 crore in Mumbai, documents accessed by Propstack showed. The built-up area of the property located in Andheri West in Mumbai is 2131 sq ft and the per sq ft rate is ₹32,848, the documents showed. The...

Mumbai real estate news: Oberoi Realty to redevelop land on Carter Road in Bandra West

Mumbai real estate news: Oberoi Realty to redevelop land on Carter Road in Bandra West

Mumbai-based listed real estate firm Oberoi Realty has announced that it has entered into an agreement to develop and redevelop a land measuring approximately 2576 sq m located at Carter Road, Bandra (West) in Mumbai, the company said in a regulatory filing on July 30. Oberoi Realty has announced that it has entered into an agreement to develop and redevelop a land measuring approximately 2576...

Bengaluru’s office absorption led by IT/ITeS sector in Q2 2024, AI and robotics companies grab 21% share: Report

Bengaluru’s office absorption led by IT/ITeS sector in Q2 2024, AI and robotics companies grab 21% share: Report

Bengaluru's office absorption in the April-June quarter of 2024 was led by the IT/ITes sector, including a 21% share by AI and robotics companies, according to a report released by property consultancy Vestian on July 30. Office absorption in Bengaluru was led by IT/ITeS companies during Q2 2024, including a 21% share by AI and robotics companies, report says (Representational photo)(Pixabay)...

BHIVE Workspace leases 42,000 sq ft office space from Brigade Group in Bengaluru

BHIVE Workspace leases 42,000 sq ft office space from Brigade Group in Bengaluru

Co-working firm BHIVE Workspace has leased 42,000 square feet of office space in Garudachar Palya of Mahadevapura suburb in Bengaluru, the company said in a statement shared on July 29. Co-working firm BHIVE Workspace has leased 42,000 sq ft office space from the Brigade Group in Bengaluru's Mahadevapura suburb(BHIVE Workspace) “This marks our second collaboration with Brigade Group,...

DLF to enter Goa market, to launch luxury villas for ₹40 to 50 crore

DLF to enter Goa market, to launch luxury villas for ₹40 to 50 crore

Delhi-NCR-based listed real estate developer DLF is expected to launch 62 ultra luxury villas in Goa priced between ₹40 crore and ₹50 crore in the second half of the financial year 2024-2025, company sources told HT.com Delhi-NCR based listed real estate developer DLF is expected to launch 62 ultra luxury villas in Goa priced between ₹40 crore and ₹50 crore. (Picture for...

Ramanagara renamed Bengaluru South: Will the name change fuel real estate growth in the district?

Ramanagara renamed Bengaluru South: Will the name change fuel real estate growth in the district?

In a bid to boost industrial and real estate growth, chief minister Siddaramaiah-led Cabinet in Karnataka recently approved the renaming of Ramanagara district in the state as Bengaluru South district. This may lead to developers and investors eyeing new projects and developments in the area and help fuel property prices in the area, say experts. The renaming of Karnataka's Ramanagara district...

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region: Report

Delhi-NCR is the fifth most expensive office space rental market across the Asia Pacific region, according to a report released by property consultancy Knight Frank India on July 29. Overall, Hong Kong SAR continued to be APAC’s most expensive office market during the April-June quarter of 2024, per the report. Delhi-NCR is the fifth most expensive office space rental market across the Asia...

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat

New Delhi, Jul 29 (PTI) The Supreme Court on July 29 upheld an order of the National Consumer Disputes Redressal Commission (NCDRC) directing a developer to refund the entire amount paid by the home buyers for delayed possession of their flat. SC upholds order for refund of amount to home buyers by builder for delayed possession of flat (Getty Images/iStockphoto) (Picture for representational...

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