Office space leasing rose by 9 per cent last year to touch record 43 million sq ft on robust demand from corporates looking to expand their operations, according to property consultant CBRE.
Category: ECONOMY & POLICY
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Housing market sales down 44percent in Oct-Dec 2016
The housing market came to a “complete standstill” during October-December 2016 on the adverse impact of demonetisation, as sales fell by 44 per cent in the eight top cities, the lowest figure reported since 2010.
This resulted in a Rs 22,600 crore revenue loss to the builders, according to Knight Frank.
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Smoothening the cement deliveries
The cement industry in India is driven by the immense growth in housing and commercial sectors, infrastructure development, and construction of the transportation ecosystem.
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Sustainability, the Next Stage?
In the mid-2000s, Walmart was in for a shock when it was informed that its maximum carbon emissions were not from its supply trucks, but refrigerators placed inside stores. Storage of ice cream and other frozen foods in open shelves was resulting in higher energy consumption as they were required to be cooled at higher temperatures.
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The economy is slowing down
There has been little clarity on the subject. The rates of commercial realty are coming down as a direct consequence. However, while the direct buying/selling market has witnessed sharp corrections, the rental office space business has witnessed no change.
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Vibrant Gujarat will benefit the entire country
There are many sectors on which we are focusing on like automobiles, petrochemicals, textiles, etc., then now we have this new area, defence, because the government has opened up this sector.
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Ramboll India announces diversification of services in buildings market
Ramboll has announced the appointment of Sundar Chandramouli as the Director to lead its Buildings business in India. Based in the company´s Mumbai office, Chandramouli´s responsibility will include spearheading the future growth avenues for Ramboll´s Buildings market in India.
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Housing.Com ties up with Tata Housing for platform
Realty portal Housing.Com has tied up with real estate major Tata Housing to create a digital marketing platform for the sale of existing inventories and launch of new projects.
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KEF Infra One launches offsite manufacturing industrial park
KEF Infra, India´s only integrated offsite manufacturing company that manufactures hospitals, schools, hotels and homes, has launched its KEF Infra One Industrial Park.
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Centre approves construction of another 52,319 houses under PMAY
The Central government has approved construction of another 52,319 houses for the urban poor, including 11,286 houses in poll-bound Uttar Pradesh, under the Pradhan Mantri Awas Yojana (PMAY-Urban).