MAPSKO Builders Pvt Ltd is a leading and growing real estate organization that has firmly established its position among the top-notch property developers in the country. For over a decade, the company has consistently set quality benchmarks in property development by creating world-class townships and commercial spaces in prime locations. Mapsko has done multiple projects […]
Century Textiles & Industries is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects. Century Textiles & Industries, which runs three business verticals — paper & pulp, realty and paper tissues, and nets over 70 per cent of the […]
The country is going through the second wave of corona virus infection, and the business world is concerned about its impact; the real estate sector is observing the situation with bated breath; however, the realtors feel that everyone must work together to contain the second wave. As the government has hinted that complete lockdown is […]
India’s flexible space stock is expected to grow by 10-15% year-on-year from the current 36 million sq ft in the next three years, according to a report by CBRE. The report highlights that as of Q1 2021, Bengaluru holds a flex stock of 11.6 million sq ft which is the maximum in the country, followed […]
It wasn’t long ago that real estate experts were bracing for the worst. The coronavirus pandemic had sent large parts of the world into lockdown, shuttering businesses, costing tens of millions of workers their jobs and putting the housing market into a deep freeze. The number of people asking lenders for more time on their […]
The overall office market in India witnessed a net absorption decrease during Jan to March 2021. The overall office market in Delhi NCR witnessed a net absorption increase of 5 per cent in Q1 2021 quarter-on-quarter (Q-o-Q), with 1.07 million sq. ft, according to JLL Office Market Update – Q1 2021. Net Absorption includes fresh […]
With Gurugram staring at the acute shortage of beds for Covid patients, real estate firm M3M Group and Medanta Hospital have collaborated to establish a dedicated Covid centre equipped with 400 beds at Sector 67. The 400-bed facility that will be set up in empty flats, owned by the M3M group, will also provide food […]
The Haryana Real Estate Regulatory Authority on Tuesday said it has issued regulations for the sale of an apartment or a building in any real estate project on carpet area basis regulations only. The Gurugram-based regulator warned that penal proceedings would be initiated against the promoter or the real estate agent violating the instructions. The […]
As part of the vaccination drive amid the second wave of the pandemic, the government announced on April 19, Monday, that the COVID-19 vaccination will be made available for all citizens above the age of 18 years from May 1, 2021, onwards. The announcement came at a time when the country has been registering a […]
Real estate developer M3M has repaid Rs 418 crore in Q4 of FY 2020 – 2021 against the target of Rs 200 crore, its director Pankaj Bansal has said. Till December 2020, the company had cleared debt of Rs 500 crore and planned to clear the balance liabilities by March 2022. The company, which has […]