Tag: Real Estate

For home buyers in Chennai, access to their dream property is now just a WhatsApp click away. The Confederation of Real Estate Developers’ Associations of India (CREDAI) on Friday launched CREDAI365.com, a WhatsApp-based portal that connects home buyers directly to the CREDAI developers in Chennai. “As per RERA (Real Estate Regulatory Authority) data, 88 ...

HYDERABAD: The city’s office space supply could well cross the 150 million square feet (sft)-mark by 2025. At least so it seems from industry reports, which indicate that Hyderabad, already sitting pretty on a supply of 70 million sft, is likely to add another 80-odd million sft to its kitty over the next four ...

DEHRADUN: Planning a crackdown on unauthorised hostels, Dehradun Municipal Corporation (DMC) will now charge commercial tax from such property owners. Following the orders of the Dehradun municipal commissioner, Vinay Shankar Pandey, the officials from DMC had carried out a survey of hostels active in the city in nearly 20 localities. During the survey, the ...

LUCKNOW: Lucknow Municipal Corporation will demolish about 515 shops under its jurisdiction in Kaiserbagh to construct a commercial complex in the area. Similarly, another commercial unit is proposed to be constructed near Samta Mulak Chowk. According to LMC officials, the civic body had rented around 515 shops to local traders and shopkeepers in 2002. ...

NEW DELHI: Proptech startup Strata, which facilitates fractional ownership of commercial real estate, has raised USD 6 million (around Rs 44.6 crore) from investors including Kotak Investment Advisors to expand its business and grow its asset under management. In a statement, Strata said it has raised USD 6 million in a Series A funding ...

Flyjac Logistics, a subsidiary of Japanese firm Hitachi Transport System Group, has acquired 22.3 acre land in Macrotech Developers’ industrial park in the Mumbai region. In a statement, Macrotech Developers, erstwhile Lodha Developers, said it has signed a deal with 3PL (third party logistics) provider, Flyjac Logistics. “The agreement will see Flyjac Logistics acquire ...