Smartworks invests ₹150 cr on new centre in Pune

Managed office space provider, Smartworks, leased a 5.6 lakh square feet area in Pune, and invested around ₹150 crore to set up a new centre, its seventh in Pune, as part of its strategy to expand the business amid rising demand for flexible workspaces. Real estate consultant, JLL India, helped Smartworks in taking this ...
August 19, 2021

Housing sales may rise 30% in 2021: Anarock report

Housing sales are likely to rise by 30 per cent across seven major cities to nearly 1.8 lakh units in 2021, but demand will still be lower than the pre-Covid levels, according to property consultant Anarock. According to Anarock research, housing sales are expected to increase 30 per cent year-on-year (y-o-y) to 1,79,527 units ...
August 19, 2021

Sumadhura Group, Vasavi Group to invest ₹1,000 cr in “The Olympus” 44-storey residential towers

Sumadhura Group in collaboration with Vasavi Group has begun work on its 44 storey residential towers at Gachibowli/Nanakramguda in the IT hub and the Financial District of Hyderabad. The consortium plans ₹1,000 crore investment in The Olympus Project from internal accruals and advances from the customers. Located on a five acre site, the project ...
August 19, 2021

Despite WFH, Testhouse acquires new space in Technopark

Testhouse, a UK-based global software testing and quality assurance company, has acquired a 12,000 sq ft of office space in Technopark here in addition to its existing facilities of similar space in the campus. Most employees may be working from home due to the ongoing pandemic, said Rajesh Narayan, CEO, Testhouse, Middle East, Africa ...
August 15, 2021