As per JLLÂ’s recent Global Real Estate Outlook, MumbaiÂ’s office space occupiers will have to face upward revisions in rents in the coming years. Compared to Q2 2015 when MumbaiÂ’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016.
Author: admin (Infratructure Today)
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Passenger Vehicle sales set to cross 3 million units this fiscal
Passenger vehicle sales in India are poised to cross the 3 million unit milestone this financial year as new models and compact SUVs serve pent up demand from customers with better disposable incomes in both urban and rural areas.
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MbPT to free 150 hectares for infra projects
Mumbai Port Trust (MbPT) will free 150 hectares from its land parcel for iconic infrastructure projects such as entertainment hubs and all weather marina project.
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Azure Power Global Limited announces pricing of IPO
Azure Power Global Limited has announced the pricing of its initial public offering of 3,409,091 equity shares, including 2,242,424 equity shares to be sold by Azure Power and 1,166,667 shares to be sold by certain selling shareholders, at a price to the public of $18.00 per equity share.
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Panasonic and Schneider Electric partner to simplify energy management
Panasonic Corporation, the worldwide leader in the development of diverse electronics technologies and solutions along with Schneider Electric, the global specialist in energy management and automation, has announced an integrated HVAC equipment and building management solution that brings new levels of HVAC control and energy efficiency to todayÂ’s commercial buildings.
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Ducon secures pet coke pipe conveyor order from Indian Oil
Ducon Technologies (I) Pvt Ltd has announced that the company has secured a prestigious pet coke pipe conveyor contract from Indian Oil Corporation Ltd, for its Guwahati Refinery, through a national competitive bidding process.
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Infrastructure, business-friendly policies keep Gujarat ahead in exports
Gujarat, widely acknowledged as the most business-friendly state in India, figures among the top five states that account for 69 per cent of the countryÂ’s total export earnings. It is also among two states, the other being Maharashtra, that together account for more than 46 per cent of the merchandise consignments from the country.
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DGCA considering Wi-Fi in flights
The civil aviation regulator DGCA is examining a proposal to introduce Wi-Fi service onboard flights to adequately address all the related issues, Union Minister Jayant Sinha has said.
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Coal dispatch by CIL to power sector dips 13percent
In view of weak power demand, the dispatch of coal by Coal India (CIL) to the power sector declined by 12.7 per cent to 26.4 million tonnes (MT) in August this year.
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Maharashtra becomes 17th state to join UDAY
The Government of India has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra and Maharashtra State Electricity Distribution Co Ltd (MSEDCL) under the Ujwal DISCOM Assurance Yojana (UDAY) at the two-day State Power Ministers Conference in Vadodara.