Two units of information that got here out final week on the actual property sector confirmed some indications of a slowdown in demand, each in houses gross sales and workplace leasing although property analysts put it all the way down to a brief blip moderately than a pattern. Greater houses costs may very well be … Read more
The primary half of 2024 noticed workplace leasing of 29.4 million sq. ft, pushed by demand primarily in Mumbai and Bengaluru, buoying hopes that the yr may finish with absorption crossing 50 million sq. ft for the third yr in a row. The 2 cities accounted for over half of the overall leasing exercise within … Read more
Ahmedabad Stakeholders have red-flagged the quickly rising costs of workplace areas in GIFT Metropolis in Gujarat. The demand-supply mismatch — particularly in GIFT IFSC — has seen leases of workplace areas skyrocket by one hundred pc within the final three years. The price of workplace areas in GIFT IFSC presently stand at par or are … Read more
Niranjan Hiranandani, Founder and MD of Hiranandani Constructions, which builds residential and industrial townships and business workplace areas, is looking for constructing an enormous inventory of “rental homes”, so that folks within the decrease strata of society can reside at reasonably priced rents. In a dialog with businessline, Hirananadani stated that the federal government … Read more