Excess retail supply forced to Realtors to transform Malls into housing projects

By Accommodation Times (www.ccommodationtimes.com) Due to overflow in retail property market it forced to realtors to turn their commercial projects into residential projects, particularly Malls projects has been rapidly turning into residential projects. According to the market research approx 96 million sq ft of retail space is expected to be

Tribeca, Logix collaborate to develop mixed-use projects in Noida

By Accommodation Times Bureau NOIDA: Tribeca and Logix Group today announced a partnership to develop multiple mixed-use projects in Noida. The first project will be 0.5 mn sq. ft. mixed-use development consisting of luxury retail branded serviced apartments and Grade A office spaces. The land is owned by Logix and Tribeca shall lead the development of the project. This is Tribeca’s second major project tie up in 2019 after a 1 Mn sq. ft. residential project in Gurgaon funded by HDFC Capital. Recently, Tribeca and HDFC Capital announced a Rs 500 crore platform to develop premium mid-income housing projects. Tribeca expects to double its

Taj Hotel: TATA Sons plans for 15 projects worth Rs 550 Cr in Punjab

By Rohit Sharma CHANDIGARH Tata Sons are planning to expand its hotel business in Punjab by adding 10-15 projects worth Rs 550 crores. The chairman Natarajan Chandrasekaran informed Chief Minister Captain Amarinder Singh this at a meeting on Tuesday. The chairman informed the CM that, "The company has identified 10-15 projects for expanding its

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

Prestige Group launches 5 completed development projects

By Accommodation Times Bureau Prestige Group on Sunday inaugurated five completed developments includes residential, commercial and industrial verticals.  While the residential developments span a wide range of options, including mid-segment, premium, and luxury housing with 1-bedroom, 2-bedroom, 2.5-bedroom, and 3-bedroom apartments on offer, the industrial warehouse can accommodate a capacity of about

Mumbai Port Trust to free 150 hectares for infra projects

By Accommodation Times News Services MUMBAI, October 14, 2016: Mumbai Port Trust (MbPT) will immediately free 150 hectares from its land parcel for iconic infrastructure projects such as entertainment hubs and all weather marina project. Speaking on “Perspective on India’s growth story for infra and real estate” at the two-day NAREDCO summit