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PTI
Office leasing in seven cities falls 48% in Jan-Mar: Report
In its latest quarterly report, property consultant Cushman & Wakefield said the net leasing of office space declined to 35,78,585 sq ft in January-March 2021 from 69,31,922 sq ft in the corresponding period of the previous year across seven major cities.
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ET Bureau
What work-from-home means for commercial real estate
Some of India’s top professional services firms and IT companies are considering surrendering a part of their rented office space as they look to implement work from home for employees even after the lockdown ends.
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Incremental Credit: Relief, Boost to Realty
In a much-awaited move, the Reserve Bank of India (RBI) in its Bi-Monthly Policy Statement of fiscal 2019-20, allowed banks to extend the date of commencement of commercial operations (DCCO) of project loans for commercial and residential real estate sector by a year, without downgrading asset classification. This is one of the most pragmatic moves undertaken by the apex bank. The entire gamut of project loans that are delayed due to genuine reasons that fall outside the ambit of promoters, Read more..
10 Feb 2020
Real Estate: Throwing surprises along the way
Real Estate in India has its funny ways to surprise everyone. I remember in early 2000, while I wanted to buy a house property in Navi Mumbai, I was standing at the corner of Vashi Station from where Palm Beach road was being constructed, a price of 2,150 per sq ft I found exorbitantly expensive and laughed out, suggesting developer that he will never be able to sell it at that price, today minimum price on that patch is 15,000 per sq ft.Over the last 20-25 years the real estate cycle has seen Read more..
09 Jul 2020
Decoding real estate in post Covid-19 era
Long ago, Franklin D. Roosevelt said that Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. This understanding has actually stood the test of time with real estate property launches, prices and valuations growing year after year. But the sector does have its downtime at intervals. In the current scenario, we have already witnessed depreciation in the Read more..
29 Jul 2020
New paradigms in urban built environment: A tale of innovations & disruptions
For far too long, urban built environment has been over simplified and siloed into commercial, residential, retail and what have you! and while the law of natural evolution so far did not provide much incentive to pause and take a hard look at the urban mess we mindlessly kept creating, the year 2020 in many ways will be that defining year when the old paradigm will give way to a new one. While the overarching theme this year gone by was Covid-19 the pandemic was just a temporary pause! It is Read more..
02 Mar 2021
Incremental Credit: Relief, Boost to Realty
In a much-awaited move, the Reserve Bank of India (RBI) in its Bi-Monthly Policy Statement of fiscal 2019-20, allowed banks to extend the date of commencement of commercial operations (DCCO) of project loans for commercial and residential real estate sector by a year, without downgrading asset classification. This is one of the most pragmatic moves undertaken by the apex bank. The entire gamut of project loans that are delayed due to genuine reasons that fall outside the ambit of promoters, Read more..
10 Feb 2020
Real Estate: Throwing surprises along the way
Real Estate in India has its funny ways to surprise everyone. I remember in early 2000, while I wanted to buy a house property in Navi Mumbai, I was standing at the corner of Vashi Station from where Palm Beach road was being constructed, a price of 2,150 per sq ft I found exorbitantly expensive and laughed out, suggesting developer that he will never be able to sell it at that price, today minimum price on that patch is 15,000 per sq ft.Over the last 20-25 years the real estate cycle has seen Read more..
09 Jul 2020
Decoding real estate in post Covid-19 era
Long ago, Franklin D. Roosevelt said that Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. This understanding has actually stood the test of time with real estate property launches, prices and valuations growing year after year. But the sector does have its downtime at intervals. In the current scenario, we have already witnessed depreciation in the Read more..
29 Jul 2020
New paradigms in urban built environment: A tale of innovations & disruptions
For far too long, urban built environment has been over simplified and siloed into commercial, residential, retail and what have you! and while the law of natural evolution so far did not provide much incentive to pause and take a hard look at the urban mess we mindlessly kept creating, the year 2020 in many ways will be that defining year when the old paradigm will give way to a new one. While the overarching theme this year gone by was Covid-19 the pandemic was just a temporary pause! It is Read more..
02 Mar 2021
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