Sahara India's bid for a 30-year lease of Air India's Mumbai headquarters was rejected. Air India aims for shorter leases to retain control and avoid the fate of Sears Tower.
A new report indicates that the Indian realty sector may face an oversupply of office spaces, leading to declining rentals and increasing vacancy rates.
Delhi Cabinet approves first property registration fee hike in 45 years, aiming to boost revenue collection from ₹1.5 crore to ₹100 crore annually.