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JLL launched an exclusive Pune city report titled ‘Real Estate in Post Pandemic Pune – Opportunities in the making’ which highlights that the city attracted institutional investments of ₹9,600 crore during 2015-20. The report further states that office assets accounted for the highest share of 49 per cent of the total institutional investments due ...

Demand in peripheral areas in major cities which were muted before the Covid-19 pandemic is now seeing renewed demand and supply. “The previous desire to live in city centres — closer to workspaces, children’s school, etc — has reduced markedly with the advent of work from home (WFH) and e-schooling options in the post-pandemic ...

Brigade REAP, a real-estate accelerator programme by Brigade Enterprises, has announced its first PropTech syndicate fund – PropTech@REAP on LetsVenture, full stack private marketplace that helps in facilitating fund-raising for start-ups. Brigade REAP also has invited applications from start-ups for its 10th cohort with specific focus on robotics and automation, sustainability and alternate material. ...

Punjab & Sind Bank (PSB) has declared the non-performing asset (NPA) account of Lanco Infratech Ltd as a “fraud account” and reported the same to the Reserve Bank of India. Lanco Infratech had outstanding dues of ₹215.17 crore, PSB said in a filing with the stock exchanges. PSB has already provided 100 per cent ...

Nuvoco Vistas Corp Ltd, a cement manufacturing company, has launched Concreto CorroSafe, a corrosion-resistant concrete that extends the life of buildings. The advanced concrete mix design is reinforced with corrosion-resistant admixtures that act as inhibitors towards water seepage and rusting, protecting the lifespan of the structures. It is designed to increase the durability of ...

IKEA, the Swedish home furnishing retailer, has launched its e-commerce services and mobile shopping app in Bengaluru even as it committed a long-term investment of around ₹3,000 crore in Karnataka. This marked IKEA’s maiden entry into Karnataka, and customers in Bengaluru would now be able to choose from over 8,000 home furnishing products and ...

Godrej Housing Finance (GHF) has launched a ‘design your EMI’ home loan product to enable customers to customise their equated monthly installments (EMIs). This is aimed at optimising their cashflows and bring down the cost of home ownership. Manish Shah, MD & CEO, Godrej Housing Finance said EMIs can be tailored to suit customers’ ...