Institutional Flow of Funds to Indian Real-Estate: Trends

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

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

Why Supermarkets Are on a Shopping Spree

Pankaj Renjhen, Managing Director – Retail Services, JLL India By Accommodation Times Bureau The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their profits and focusing on strengthening

FDI allowed in Single Retail Brand

By Accommodation Times Bureau Department of Industrial Policy and Promotion Ministry of Commerce and Industry notified the decision to allow 100 per cent FDI in Single brand retail today via Press Note No.1 (2012 Series). The Union Minister for Commerce Industry and Textiles said “Cabinet took the conscious decision to liberalise