NBCC secures Rs 700 Cr orders from Raipur Smart City

By Accommodation Times Bureau NEW DELHI: National Buildings Construction Corporation Limited (NBCC) has bagged order of Rs 700 crore from Raipur Smart City on Monday, it said in BSE filing. “From Raipur Smart City Limited, secured new works for several infrastructure projects,” NBCC said in BSE filing. The company to redevelop Ganj Mandi, Shastri

Telecom,Tech,Media sectors account for 19% of Grade A office space in Mumbai: Research

By Accommodation Times Bureau GURUGRAM: Asian Central Business District CBD areas have historically been dominated by finance. However, technology, media and telecoms (TMT) groups and flexible workspace operators were key drivers of demand over 2017-2018. As per Colliers Research, the TMT groups now occupy about 18% of prime office space in Asian CBDs, and flexible

Capacit’e Infraprojects Ltd bags order worth Rs 483.81 Cr from BMC

By Accommodation Times Bureau MUMBAI: Capacit'e Infraprojects Limited today received a contract worth of Rs 483.81 crore for the proposed redevelopment of Harilal Bhagwati Municipal General Hospital at Borivali (W), Mumbai, from Municipal Corporation of Greater Mumbai, Health Infrastructure Cell. Rahul Katyal, Managing Director, Capacit'e Infraprojects Limited said, “We are delighted to add order

Co-living spaces startup adds on to pre Series A funding

By Rohit Sharma BENGALURU: StayAbode, a start-up that is building co-living spaces, has received an add on to pre Series A funding for an undisclosed amount from Voyage Group, Akatsuki and Incubate Fund. StayAbode currently has 1200 beds live across 19+ properties in Bengaluru with a further 1000 beds contracted to go

From ‘Influencer’ to ‘Actual buyer’: Women’s are the emerging New Age Home buyer

By Dr. Niranjan Hiranandani – National President – NAREDCO & CMD - Hiranandani Communities Empowering women in India moves along twin tracks - first, the accepted norms and second, the new age opportunities that women are creating in an evolutionary stage for India. Among the aspects that define empowerment, shelter, or housing

Union Cabinet approves Delhi Metro’s Phase-4 project

By Accommodation Times Bureau NEW DELHI: The Union Cabinet on Thursday approved Delhi Metro's Phase -4 projects comprising of 3 - priority corridors. The total length of these 3 corridors is 61.679 km. Out of the total 61.679 km, 22.359 km will be built underground and 39.320 km will be constructed as

Centre issues model guidelines for development, regulation of retirement homes

By Accommodation Times Bureau NEW DELHI: The government on Wednesday has issued model guidelines for development and Regulation of Retirement Homes. Model Guidelines address the special needs and protect the rights of senior citizens and retirees living in Retirement Homes who aspire to spend their retired life independently in a safe, secure and

Report: 74 percent rich Indian prefer United Kingdom to buy new house

By Rohit Sharma MUMBAI: Australia is the destination of choice for Asian Ultra-High-Net-Worth Individuals (UHNWIs) who plan to buy a new home overseas or invest in property in the coming year, based on a Knight Frank survey of 600 private bankers and wealth advisers who between them manage over US$3 trillion of

Mumbai 16th most expensive prime residential market in world: Report

By Rohit Sharma MUMBAI: The Philippines’ capital city of Manila led the Knight Frank Prime International Residential Index (PIRI 100) after luxury home prices jumped 11% last year, bolstered by a lack of supply and a thriving domestic economy. However, Manila’s performance pales in comparison with the top growing residential markets of