News articles tagged IT

Bangalore Sees Lower Office Space Absorption as IT Demand Falls

Office space absorption in Bangalore fell by 24% in 2012 compared to 2011 due to weaker demand from the IT and ITeS sectors, impacted by the global economic slowdown.

Ulwe in Mumbai Turns Target for Real Estate Investment

Ulwe in Mumbai projected for a 145% price hike, making it a top real estate investment destination along with other cities like Pune, Bangalore and Delhi-NCR.

Growing Service Sector Enhances Commercial Real Estate

India's booming service sector fuels demand for commercial real estate, particularly in major cities. Despite economic slowdowns, IT, BFSI, and other service industries show strong growth, driving office space absorption to new heights.

Study says that MNCs surpass Indian firms in office space uptake.

Indian companies significantly reduced their commercial real estate occupancy in Mumbai, while MNCs increased their market share in the same period, according to a new report.

Bengaluru has Impact Of IT, ITES on Real Estate.

Bengaluru's commercial real estate thrives due to its skilled workforce, quality living, and ITES sector, although real estate costs and accessibility are also significant factors.

DLF to set up Infopark projects

DLF Plans Rs 1000-Crore Infopark Project in Bhubaneswar, Phase One to Start with 5.4 Acres.

Sarda Group Enters Facility Management

Sarda Group acquires facility management brand Talbot & Company, venturing into real estate management. Expansion plans include increasing manpower to 1,000 and achieving Rs 300 crore turnover.

Mahindra and Mahindra Limited Will Invest In Real Estate And It Sector

Mahindra & Mahindra is considering real estate and IT investments in West Bengal through Mahindra Life Space and Mahindra World City, focusing on residential and SEZ development.

Indiabulls gets court permission to buy Dev property

Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.