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Industry News

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Industry News

  • How co-working spaces are contributing to sustainable development Financial Express

    Sustainability is a trending topic worldwide. In recent years, the business landscape has witnessed a significant shift towards sustainability, with companies increasingly recognizing the need to integrate environmentally and socially responsible practices into their operations. It’s no wonder that it’s also increasingly important to workplaces and how an organisation is adapting its practices, processes, and systems to be more eco-friendly. In the past, many organizations considered sustainability issues outside the wheelhouse of business.

  • US renters seeing chance of owning a home at record low, NY Fed Survey shows Hindustan Times

    US renters are more pessimistic about their ability to ever own a home and households’ expectations of home-price growth has reaccelerated after falling last year, a new Federal Reserve Bank of New York survey showed. Amid elevated prices, high mortgage rates and difficulty saving money for a down payment, only about four in 10 renters think that they will be able to buy a home, the New York Fed said Monday. That’s the lowest level since the survey on consumers’ housing-related experiences and expectations was started a decade ago.

  • Microsoft buys 48-acre land parcel in Hyderabad in a transaction estimated to be worth ₹267 crore Hindustan Times

    The land parcel that Microsoft has bought is located in Elikatta Village, Hyderabad in Telangana. The sale deed was registered on April 18, documents showed Tech giant Microsoft Corporation (India) Pvt Ltd has bought a 48 acre land parcel in Hyderabad for ₹267 crore, documents accessed by Propstack showed. The sale deed was registered on April 18, the documents showed. The per acre price for the land parcel, located in Elikatta Village, Farooqnagar Mandal, Ranga Reddy district, Hyderabad in Telangana, works out to be around ₹5.56 crore, the documents showed

  • Microsoft buys 48-acre land parcel in Hyderabad in a transaction estimated to be worth ₹267 crore Hindustan Times

    The land parcel that Microsoft has bought is located in Elikatta Village, Hyderabad in Telangana. The sale deed was registered on April 18, documents showed Tech giant Microsoft Corporation (India) Pvt Ltd has bought a 48 acre land parcel in Hyderabad for ₹267 crore, documents accessed by Propstack showed. The sale deed was registered on April 18, the documents showed. The per acre price for the land parcel, located in Elikatta Village, Farooqnagar Mandal, Ranga Reddy district, Hyderabad in Telangana, works out to be around ₹5.56 crore, the documents showed

  • Kanodia Group acquires land parcel in Sector-46, Gurgaon, plans to launch a luxury living project constructionweekonline.in

    Gurgaon Sector 46 is one of the most prime residential localities and has been drawing the attention of developers and global investors alike. Recognising the immense potential of the location, realty players are venturing into this location with their upscale projects. Kanodia Group has acquired a prime 1.74-acre land parcel in this locality for approximately Rs 153 crore

  • TCG Real Estate secures Rs 714-crore funding from SBI for World Trade Centre in Gurugram Moneycontrol.com

    Real estate developer TCG Real Estate has secured a funding of Rs 714 crore from State Bank of India (SBI) for its World Trade Centre project in Gurugram, according to documents accessed by CRE Matrix, a real estate data analytics firm. The company is developing a business park ‘World Trade Centre’ off NH-8, Sohna Road in Gurugram. The project envisages development of 1 million square foot of leasable area. These funds will be utilised towards the development of World Trade Centre in Gurugram.

  • Investing in vacation homes; Goa’s emerging real estate trends Constructionweekonline.in

    The demand for vacation homes in India has increased significantly after the pandemic and the need for breaks from the strenuous life of cacophonous cities. Vacation homes is one of the fastest-growing segment in India’s realty market, which was sized at $1.4 billion in 2021, is expected to grow at a CAGR of 23.63% in the next four years and cross $4 billion by 2026.

  • These Positive Developments Define NCR Residential Property Market in 2024: Find Out More Housing.com

    With the property registrations witnessing a 16% increase in the revenue to the excehquer and the state government maintaining status-quo on the ready reckoner rates, the real estate developers in the Mumbai Metropolitan Region (MMR) project a robust growth within the sector. They are optimistic about bigger purchases in the areas where connectivity has been resolved with the operationalisation of infrastructure projects such as expansion of Mumbai Metro, Mumbai Trans Harbour Link (MTHL), Coastal Road etc.

  • Mumbai: Real Estate Players Predict Robust Growth Within MMR The Free Press Journal

    With the property registrations witnessing a 16% increase in the revenue to the excehquer and the state government maintaining status-quo on the ready reckoner rates, the real estate developers in the Mumbai Metropolitan Region (MMR) project a robust growth within the sector. They are optimistic about bigger purchases in the areas where connectivity has been resolved with the operationalisation of infrastructure projects such as expansion of Mumbai Metro, Mumbai Trans Harbour Link (MTHL), Coastal Road etc.

  • Inheritance Tax: If implemented, who will bear the brunt – HNIs alone or middle-class too? Financial Express

    The debate over inheritance tax—a tax imposed on the transfer of property and assets from a deceased person to their beneficiaries—has refused to die down ever since technocrat-turned-Congress leader Sam Pitroda raised this issue just after the first phase of the Lok Sabha polls. With only two rounds of polls over and another five to go, the debate around inheritance tax seems to be intensifying as the top leaders of the ruling BJP are not leaving any chance to criticize the Congress over Pitroda’s remarks. However, Congress has already distanced itself from Pitroda’s comment