Tag: Real Estate

Representative Image BENGALURU: Britain’s IWG has added more than 100 shared-office spaces to its global network this year, three times as many as in the first half of 2020, as it anticipates a lasting shift from working in large offices. The company has struggled with plummeting occupancy levels in office buildings and last month ...

BHOPAL: Cash-strapped Bhopal Municipal Corporation (BMC) is aiming at swift completion of its commercial projects. BMC Commissioner, K V S Chaudary reviewed progress of proposed project at Neelbad here on Monday The project spread across 11 acres is expected to be completed by March 2022. Chaudary also reviewed progress of BMC initiated development in ...

Representative Image NOIDA: The Noida Authority launched its commercial builder plot scheme on Monday, in which about 50 plots ranging from 480 sqm to 10,000 sqm are on offer for setting up shops, offices, hotels, cinema halls, retail outlets, showrooms and shopping malls. While these plots are across 48 sectors of the city, the ...

Schwing Stetter India, a leading manufacturer of concreting, construction and mining equipment has announced its Operator Skill Training Programme that seeks to train more than 10,000 youth in handling concrete and construction machines over the next four years The one-month extensive course is accredited by IESC, affiliated to the National Skill Development Corporation. About ...

Even as the demand for flexible workspace in key metros remains subdued, co-working space providers are witnessing a surge in demand from tier-2 cities and towns as a growing number of organisations are exploring a hub-and-spoke model to enable employees to work from locations closer to homes. “Flexible workspace demand in suburban cities is ...

Ascendas Property Fund Trustee Pte. will invest an estimated $216.6 million to develop and operate phase one of its first data centre campus in the country. The 6.6-acre greenfield site in Navi Mumbai will be developed in phases into a fully-fitted data centre campus with a total potential built-up area of up to 575,000 ...

PANAJI: Even as the state government brags about its lofty ambitions to make Goa a startup hotspot, the Economic Development Corporation (EDC), which operates an incubator, has begun to quietly shut the door to local startups. The corporation’s Ignite innovation hub has been virtually transformed into an office for Goa Electronics Ltd, and startups ...

In an indication that the worst may be over for the retail real-estate sector, the level of unsold housing inventory has hit a 24-month low. According to RBI data, unsold inventory levels have come down to about 7 lakh units on March 31, 2021, from about 8.5 lakh units in FY20 first quarter. “The ...