Tag: Delhi

BENGALURU: Office space provider IWG is set to open eight new shared-office centres in locations including London and New York, five of which were previously operated by its U.S.-based rival WeWork, as it seeks to meet the growing need for flexible work spaces. Two of the former WeWork properties are located in Kensington, London, ...

The Delhi High Court ordered a CBI enquiry in a case where an e-mail was sent to a taxpayer from the official email id of the Income Tax Department. The department has disowned the mail. “As the allegation pertains to a sensitive server belonging to the Ministry of Finance/Department of Income Tax and involves ...

Telangana Government has raised ₹2,729 crore through auction of 65 acres of Government lands undertaken by Hyderabad Metropolitan Development Authority and Telangana State Industrial Infrastructure Corporation (TSIIC). While the 50 acres land offered by HMDA at Neopolis layout in Kokapet abutting Financial District in Hyderabad, saw bids worth ₹2,000 crore, the auction taken up ...

The Bureau of Energy Efficiency (BEE) on Friday launched an online directory of building materials to boost energy efficiency in the real estate sector. The BEE also released Eco Niwas Samhita 2021, a model code and verification framework for minimum energy performance requirements for building services. “There is a plan for amendment of the ...

The demand for housing is back after the second Covid wave and overall tailwinds are positive, believes Ravi Subramanian, Managing Director and CEO, Shriram Housing Finance. In an interview with BusinessLine, he said the company is looking at faster growth after the performance in June. Housing finance companies should be allowed to charge prepayment ...

The Hyderabad Metropolitan Development Authority, which has taken up auction of 50 acres of land at Neopolis layout in Kokapet abutting financial district in Hyderabad, has received overwhelming response with a commitment of ₹2,000 crore. Significantly, while the upset bid amount was ₹25 crore per acre, the bids ranged from ₹31.2 crore per acre ...

Work Easy Space Solutions (WORKez), a co-working space provider, has leased 1.3 lakh sq ft on Old Mahabalipuram Road (IT Corridor of Chennai). This is in addition to the company’s three operational centres at Anna Salai (one lakh sq ft), Perungudi (one lakh sq ft) and Guindy (75,000 sq ft). With the new lease, ...