Kotak Realty Fund Partners DivyaSree Developers to develop & acquire commercial office

By Rohit Sharma BENGALURU: Kotak Investment Advisors Limited (KIAL) today announced that it has launched a new fund which will partner with DivyaSree Developers, a leading Bengaluru-based real estate developer, to develop and acquire commercial office assets across India. “The $400 million India Office Assets Fund I is anchored by a wholly owned

Commercial office supply witnesses a dip

By Accommodation Times News Service By ANSHUMAN MAGAZINE, CMD, CBRE South Asia Pvt. Ltd. Bangalore sees sharpest drop in office space addition over last quarter Less than 3 million sq.ft of office space entered India’s prime real estate market in the quarter ending September 2013—dropping by more than 75% q-o-q over last quarter’s

Quest Offices picks up entire floor in commercial bldg Technopolis Knowledge Park

By Rohit Sharma MUMBAI: A Bangalore headquartered Co-working company Quest Offices has picked up an entire 5th floor in the commercial building Technopolis Knowledge Park spread across 62,000 sq.ft. for the lease of 10 years. Technopolis Knowledge Park by Tata Housing Development Company is located at the Mahakali Caves Road, Andheri East. Now, Quest Offices

Office Premises of CA is neither Shop nor Commercial Space

By Accommodation Times Bureau Once it is held that the office of a chartered accountant or of a firm of chartered accountants does not come within the expression of “shop” or “commercial establishment” as defined in the Act of 1961, the corollary would be that the provisions of the Act of

Max Group Enters Commercial Real Estate with Max Towers, invests Rs 600 Cr

By Accommodation Times Bureau NOIDA: Max Estates, a subsidiary of Max-Ventures & Industries Ltd. (MaxVIL), Friday announced the opening of office project – Max Towers located on the Delhi Noida Directway, built with an investment of nearly Rs 600 crore. Constructed in a brisk 24 months, the building’s anchor tenant – Spaces, the premium co-working brand of

Southern Peripheral road- The Commercial & Residential Destination in Gurugram

SPR (Southern Peripheral Road) in Gurugram is emerging as one of the fastest growing destinations especially for Commercial developments along with Office spaces, Residential and Real Estate as a whole. As the stretch of SPR spans from Faridabad side linking Golf course extension road, Sohna Road, NH-8 and merging with

Puravankara plans to add 10 million sq ft commercial, retail by 2023

By Accommodation Times Bureau BENGALURU: The Puravankara Limited,  real estate developer is planning to add 10 million sq. ft. to its commercial and retail operations by 2023.  Puravankara has already acquired strategic land parcels in Bengaluru, Mumbai, Pune and Hyderabad. Currently, it has three commercial projects in Bengaluru – Purva Premier, Purva Mall

Akola: Same property tax for commercial premises, other properties

By Accommodation Times Bureau MUMBAI: The state ministry of Urban Development asked Akola Municipal Corporation on Thursday to submit a report on the similar property tax levied on commercial premises and as well as other properties in the areas of the civic body. Minister of State Urban Development, Dr Ranjit Patil asked the if