Real estate player Sobha’s second quarter revenue at ₹823 crore
VC says company expects to sustain the momentum along with gain in market share
Posts tagged "Delhi"
Pune civic body’s 50-year-old quarters in Parvati area up for redevelopment
Tenders worth Rs 13 crore have been approved. Though the project has been cleared, a group of residents are opposing the construction.
Madhya Pradesh CM hands over 426 houses under flood relief scheme
Chief minister Chouhan inaugurated 426 houses constructed under the Mukhyamantri Flood Relief Housing scheme in 40 villages of Budhni tehsil from village Somalwada and conducted a virtual ‘grih pravesh’ of the beneficiaries.
Guangzhou, Shenzhen told to allocate 10% of land for affordable rental homes
Under proposed new rules, rental housing will focus on the development of homes no larger than 70 square metres in area for new residents and young people.
House prices in UK jump 0.9% in October: Halifax
It brought the average house price to 270,027 pounds ($364,374)- up 8.1% on October 2020 and marking the strongest annual growth rate for four months.
Omaxe lease out 10.5 lakh sq ft space between Apr-Oct 2021
In Greater Noida, the company has leased 6.77 lakh sq ft, 2.95 lakh sq ft in Lucknow, 58,222 sq ft in Faridabad, and 20,000 sq ft in Amritsar.
UK house prices show unexpected strength in October: Nationwide
Mortgage lender Nationwide said house prices rose by 0.7% in monthly terms in October after a 0.2% rise in September. A Reuters poll of economists had pointed to another 0.2% increase.
TIAA leases 1.25 lakh sq ft in Brookfield’s tower in Mumbai’s Powai
The commercial building is a special economic zone (SEZ) which came into Brookfield’s commercial portfolio following the Canada-based investor’s acquisition of Hiranandani Group’s offices and retail space in Mumbai’s Powai suburb for about $1 billion in 2016.
Gujarat CM allots 560 government flats in Gandhinagar
A total of 560 quarters – 280 each of the B and C type – have been constructed by the roads and buildings department at a cost of Rs 149.8 crore.
Citibank to offer lease rental discounting for commercial real estate companies
LRD is a globally popular credit instrument offered against rental receipts. This will likely ease the funds crunch in the real estate sector, hit hard by the pandemic. The bank will be setting up a separate team and infrastructure for this service line.