Low office vacancy to boost rent in India
By Subash Bhola At the end of Q3 2016, India’s total Grade A office stock stood at 472 million square feet with an average vacancy rate of 15.3%. The average… Read more »
Daily Archives: January 11, 2017
Need a parking policy for Delhi soon
NEW DELHI (INDIA): Delhi Lt. Governor Anil Baijal has stressed the need to formulate a parking policy for the city at the earliest, a statement said. “The Parking Policy must… Read more »
Delhi’s circle rate: Supreme Court of India issues notice to Delhi government on Central Government’s appeal
NEW DELHI (INDIA): The Supreme Court of India issued notice to the Delhi government on the plea of the central government in connection with the circle rate issue in the national… Read more »
Bank of India revises lending rates on retail loans
MUMBAI (INDIA): State-run Bank of India today said it has decided to reduce its interest rates on retail loans, including home and vehicle loans, with effect from today. The bank… Read more »
CCI again asks DLF to ‘cease and desist’ from unfair business ways
NEW DELHI (INDIA): Coming in the crosshairs of competition regulations again, CCI has directed DLF to “cease and desist” from unfair business practices. The latest order has come after a… Read more »
Waqf properties: ‘Board of adjudication’ formed to look into complaints
NEW DELHI (INDIA): The Centre has set up an one-man ‘board of adjudication’ to look into complaints regarding waqf properties, Union Minister Mukhtar Abbas Naqvi announced here today and urged… Read more »
U.S. retail mall vacancies flat in fourth quarter: Reis
By: Shashwat Awasthi BENGALURU (INDIA): U.S. retail mall vacancies in the fourth quarter were flat from the third at 7.8 percent, indicating that the retail real estate market is finally… Read more »
U.S. apartment vacancy rate dips in fourth quarter: Reis
By: Shashwat Awasthi BENGALURU (INDIA): The U.S. apartment vacancy rate declined in the fourth quarter, while rent growth slowed to its lowest since 2009, according to a report from Reis… Read more »
REITs, InvITs could help raise Rs 50,000 crore: Assocham-Crisil
NEW DELHI (INDIA):The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by… Read more »
Anuraag Bhatnagar to lead Marriott’s luxury portfolio in India
MUMBAI (INDIA): Marriott International Inc on Tuesday said it has appointed Anuraag Bhatnagar as Multi-Property Vice President, Luxury, India. Bhatnagar will be part of the Luxury APEC Market Leadership team… Read more »