Latest Realty News

Gurgaon to see number of lease renewals in office spaces in 2014&15: Report
Jan 22, 2014
GURGAON: Gurgaon is expected to witness significant number of lease renewals in office spaces 2014 and 2015 as companies that had set up offices in 2004 - 2006 are approaching the end of their lease terms .
Slowdown in commercial real estate likely to continue
Dec 04, 2013
DELHI: The economic downturn has subdued office and retail markets, resulting in a sales slowdown as well as pressurized capital values across leading cities—according to CBRE Research's year-to-date coverage of trends in India's real estate sector. Buyer sentiments in the housing market have remained largely cautious because of relatively high price points and sticky borrowing costs, amid an uncertain economic climate. As a result, investment has slowed considerably across segments, resulting i
29 SEZ developers including TCS, Parsvnath Infra & Unitech Infracon seek more time to implement proj...
Oct 29, 2013
DELHI: As many as 29 special economic zone developers including Tata Consultancy ServicesBSE -0.12 %, Parsvnath Infra and Navi Mumbai SEZ Pvt Ltd have sought more time from the government for implementing their projects. The inter-ministerial Board of Approval (BoA) chaired by Commerce Secretary S R Rao will consider these requests at its meeting on November 8.
Office space supply falls sharply by over 75% in Jul-Sept
Oct 22, 2013
DELHI: Office space supply fell by more than 75 per cent during July-September period in the top seven cities compared with the previous quarter due to high vacancy in completed buildings and poor commitments in the under- construction projects, according to property consultant CBRE.
After a year, DDA to auction 60 plots in November
Oct 20, 2013
DELHI: After a gap of one year, Delhi Development Authority (DDA) has decided to put several plots under the hammer. Over 60 plots, in 14 different prime locations, will be auctioned at Dwarka, Pitampura, Vikas Puri, East of Kailash, Vivek Vihar etc on November 20, 21, 22, said a DDA official. The sale of brochures will begin from October 28.

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