By Ravindra Pai, Managing Director, Century Real Estate. Introduction Indian real estate sector has been one of the most preferred investment destinations for institutional investors in recent times. According to an industry report, the real estate sector attracted $30 billion in institutional investments from 2008 to 2018. Indian real estate industry has
By Accommodation Times Bureau Economic growth and job creation is a direct consequence of new investments in industrial units. The Tamil Nadu Government has announced clearing proposals of 13 companies to invest Rs. 16,000 crore, which was followed by another announcement of an additional 17 proposals from the public sector and
By Rohit Sharma MUMBAI: JLL, today announced to re-enter into its Residential Brokerage Business with technology-enabled advisory and transaction services to home buyers & developers and aims estimated revenue for FY 2018-19 around Rs 4,000 crore. According to an official, previous year the firm generated revenue of around Rs 3,600 crore. To scale up JLL’s
Announces to focus on rental yielding assets. By Accommodation Times Bureau BENGALURU: Bangalore based Nitesh Estates, a property developer has decided to entirely exit from residential housing space and focus on rental yielding assets. Once all the obligations of delivery to customers, other stakeholders and lenders in the residential business have been met, it
By Rohit Sharma MUMBAI: The logistics and warehouse sector has rapidly seen the transformation in quality and quantity. It is been seen that as many as companies are investing in logistics and warehouse industry. Due to the rapid growth of E-commerce industry, it has automatically increased the demand for logistics and warehousing.
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
By Accommodation Times Bureau Haryana Chief Minister, Manohar Lal has approved the policy for grant of Change of Land Use (CLU) permission for commercial purpose in municipal areas of the state. While stating this here today, Urban Local Bodies Minister, Kavita Jain said that the policy would be applicable in the residential
By Accommodation Times Bureau K Raheja Corp, one of India’s leading real estate conglomerates has been ahead of the curve in building sustainable edifices, and have pioneered the industries’ responsibility towards contributing to a green society. Under a recent list released by the U.S. Green Building Council (USGBC), India is ranked