Arihant companions with Empee Accommodations to construct new industrial area in Chennai

Chennai-based Arihant Foundations and Housing Ltd, by way of its SPV (Particular Goal Automobile) Vilaya Properties LLP, has partnered with Empee Accommodations Ltd, the homeowners of Hilton Chennai, to develop a Grade-A industrial area adjoining to the lodge. Spanning roughly 3 lakh sq ft and a gross improvement worth of round ₹500 Crores, this challenge … Read more

International Functionality Centres emerge a viable working mannequin for world organisations: Report

International Functionality Centres (GCC) have emerged as a viable working mannequin for world organisations. A majority of them are arrange in India (very like the supply capabilities of most outsourcing suppliers) because of the scale of expertise, the provision of specialized abilities and the price benefits. A report by world IT analysis agency ISG says … Read more

About 30% of recent GCCs in Oct-Dec from the semiconductor sector

Policymakers’ push for semiconductor manufacturing and chip design expertise base has led to extra chip trade GCCs (international functionality centres) organising retailers in India. Additionally learn:DY Patil College begins BTech course on semiconductor For the primary time, the semiconductor sector accounted for about 30 per cent of the brand new GCCs established in India within … Read more

Pune residential gross sales close to 50,000-mark

  Knight Frank’s India Actual Property 2023 report acknowledged that Pune’s residential market witnessed 13.5 per cent gross sales development year-on-year, with 49,266 housing models offered in the course of the yr. The weighted common worth of residential models in Pune elevated by 5 per cent YoY to Rs 4,507 per sq ft. Within the case of workplace areas, the January to … Read more

2023 workplace absorption close to document excessive, dwelling gross sales at 10-year excessive

In 2023 workplace absorption got here close to an all-time excessive at 59.6 million sq. ft, whereas residential gross sales at 3.3 lakh models set a brand new 10-year document, in line with a report by Knight Frank India. Additionally learn: Workplace sector dominates: Indian actual property attracts $5.4 billion in institutional investments Transactions within … Read more