News articles tagged Commercial Space

NBCC sold commercial real estate in South Delhi for Rs. 1,905 crore

The government has successfully sold 4.8 lakh square feet of commercial space for Rs 1,905 crore in South Delhi, attracting several significant buyers.

Commercial realty hit by weak office space absorption

Commercial real estate faces challenges due to a decline in office space absorption by IT firms across India's top eight cities. This slowdown impacts both demand and supply.

How Koramangala Became a Hot Real Estate Destination in Bangalore

Koramangala, once overlooked, has transformed into a prime real estate hub in Bangalore, with rising rentals and limited commercial space, reflecting its growing desirability.

Decline in Office and Commercial Space Demand in Mumbai

Mumbai's commercial real estate market faces a significant downturn, with a 68% drop in demand. Experts predict an interesting year ahead for the sector despite challenges.

Increasing demand of commercial real estate projects

Commercial real estate demand surges as recession ends, with 9.2 million sq ft leased in three months, up from 5.8 million sq ft in 2009.

Commercial Realty unable to seek Buyers

Commercial real estate faces dwindling demand, impacting lending. Oversupply and low occupancy rates make banks cautious, impacting developers seeking funding.

Emergence of Commercial Complexes

Integrated commercial spaces, mirroring residential complexes, are gaining traction in India, offering office spaces, hotels, and retail areas within a single development.

IFCI expands in real estate business

IFCI is expanding its real estate presence, launching three serviced apartment projects and partnering with Frasers Hospitality to manage a capital property.

SEZ growth may follow down track

The Satyam scandal may negatively impact India’s real estate sector, with significant concerns centered on commercial and residential space vacancies amid IT industry challenges.

Real estate has grown during the last five years

The Indian real estate sector has seen a significant slowdown, with sales dropping 30%-40% as inflation and liquidity issues strain the market.

Essar Arm Wins Nagpur Hotel Project

Essar Realty Holdings has secured a bid for a Rs 500-crore five-star hotel and multiplex at Nagpur's Multimodal International Hub Airport, partnering with Accor Hospitality.

Hi-tech City Project In Kochi

Shobha Developers to build 5,000-crore hi-tech city near Kochi with advanced infrastructure and job opportunities

India to sustain 10% growth for next decades

India poised for decade-long 10% yearly growth, says hedge fund manager at Arabian Hotel Investment Conference