India’s Office Market Soars: Record-Breaking Leasing Predicted in Top Cities
India’s commercial real estate sector is experiencing a boom, with office leasing activity in the top eight cities expected to shatter records in 2024. According to a report by property consultant Cushman & Wakefield, these key markets – likely including Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, Pune, and Ahmedabad
The Hive Hostels Secures ₹11.5 Crore in Pre-IPO Funding
The student housing provider, The Hive Hostels, has successfully raised ₹11.5 crore in a pre-Initial Public Offering (IPO) funding round. This strategic move will fuel the company’s expansion plans and strengthen its position in the burgeoning student housing market. The funding round was led by marquee investors, including marquee investors,
Bengaluru Leads the Way as India’s Office Leasing Market Booms
India’s office leasing market is poised for a remarkable surge in 2024, driven by strong demand from a diverse range of sectors. According to a recent report, the total office leasing activity is projected to reach a staggering 80 million square feet across the country. Bengaluru, the IT hub of
CIDCO Launches Affordable Housing Lottery in Navi Mumbai
The City and Industrial Development Corporation (CIDCO) has launched a highly anticipated affordable housing lottery in Navi Mumbai, offering homebuyers a diverse range of options to suit their preferences and budgets. A Wide Range of Affordable Housing Options The lottery features over 900 residential units, ranging from compact apartments to
Gautam Buddh Nagar Revs Up Industrial Growth with E-Auction of Diverse Land Parcels
Gautam Buddh Nagar, a flourishing industrial hub in Uttar Pradesh, is taking a significant step towards further development with the announcement of an e-auction for a variety of industrial plots. This strategic move aims to not only attract new businesses to the region but also to streamline the land acquisition
Pune’s Flexible Workspace Market Gets a Boost as Awfis Partners with Nyati Group
The dynamic business landscape of Pune is set to witness a significant shift in its workspace options with the announcement of a major partnership. Awfis, India’s leading provider of flexible workspaces, has joined forces with Nyati Group, a prominent real estate developer in the region. This strategic collaboration marks a
Karnataka Streamlines Property Transactions with “Anywhere Registration”
The Karnataka government is ushering in a new era of convenience and efficiency in property transactions with the launch of its innovative “Anywhere Registration” program. This initiative, slated to go live on September 2nd, 2024, removes geographical barriers that previously hampered the process for many residents. Prior to this change,
Ghaziabad Embraces Transit-Oriented Development: A Modern Transformation on the Horizon
Ghaziabad is on the cusp of a major transformation as it gears up to implement a Transit-Oriented Development (TOD) policy within the next month. This progressive initiative signifies a shift towards a more sustainable and integrated urban future, centered around the city’s existing metro and Rapid Rail (RRTS) networks. The
Stagnant Projects in UP: Naredco Seeks Central Intervention for Homebuyer Relief
Homebuyers in Uttar Pradesh struggling with stalled housing projects may soon see a glimmer of hope. The state chapter of the National Real Estate Developers Council (Naredco) has issued a plea to the central government, requesting their intervention in expediting the completion of these projects. This move aims to address
India’s Real Estate Market: A Transparent Future
A recent report by JLL’s Global Real Estate Transparency Index (GRETI) 2024 has lauded India’s significant strides in enhancing transparency within its real estate market. The country’s impressive leap from the 35th position in 2018 to the 23rd rank in 2024 underscores its commitment to bolstering market integrity and attracting
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