New Chandigarh’s strategic location near IT hubs and aggressive infrastructure projects fuel demand for premium commercial properties, attracting businesses and investors in 2025.
Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.
Commercial real estate investment in Noida is surging due to high demand, infrastructure, and connectivity. The city offers various commercial property types including office, retail, industrial, and more.
Pune Cantonment Board (PCB) to seal properties of tax defaulters who fail to pay dues by March 5, 2021. PCB aims to recover Rs 38 crore from over 12,000 defaulters.
PE investments in Indian office spaces doubled in the first three quarters of 2013, despite a slow realty market. Bangalore attracted the most investments, while housing saw a decline.
Xander Group plans to invest ₹300 Cr in Nitesh Estates' Bangalore retail project on 8 acres in Koramangala. Xander has invested over $2 Bn in India.
Khan Market in Delhi is now India's priciest retail space, with low rental growth, lagging behind Mumbai's Linking Road, as retail demand remains stable.
A survey indicates reduced mall vacancy in Bangalore despite anticipated new mall space, driven by increased rental activity and deferred mall projects due to construction delays and liquidity issues.
Foreign retailers are increasingly targeting India for expansion, attracted by rising incomes and a growing population, with Mumbai and Delhi leading as top destinations.
Bharti Walmart, the Indian branch of the US retail giant, is reportedly finalizing discussions with Century Real Estate to establish its first cash & carry store in Bangalore.
McDonald's India plans to invest ₹265 crore to expand its presence in South and West India, aiming to reach 250 stores by March 2015.
Walmart and the US government have expressed concerns to the Indian government regarding state veto power over FDI in retail. This power creates uncertainty for foreign investors like Walmart, who are hesitant to enter the Indian market due to varying regulations across states.
The real estate sector anticipates a prosperous 2013, following a challenging 2012 marked by slow market activity. Experts are optimistic, citing potential from policy changes and investments.
The Indian government's new retail FDI bill has been passed, offering hope to mall owners to fill vacant spaces as foreign retailers gain entry into the market.
Odisha real estate developers welcome the government's decision to allow 51% FDI in retail, believing it will boost the real estate sector and the state's economy.
JLL India partners with Everstone to manage four shopping malls across India, enhancing retailer and customer experience.
Unitech has launched Gardens Galleria in Noida, marking an expansion of its retail and entertainment complex, featuring 230 retail outlets amidst a vibrant commercial landscape.
Economic Survey acknowledges services sector significance but raises concerns, suggesting phased FDI retail approach in metros, potentially with a lower cap.
International Amusement Limited launches The Great India Place mall in Jaipur, offering shopping, dining, and entertainment across 20 acres.
Jaipur Tourism City, a 400-acre mixed-use destination resort, promises to be India's first vacation city featuring retail, hotels, attractions, and residential spaces.
DLF Plans Rs 1000-Crore Infopark Project in Bhubaneswar, Phase One to Start with 5.4 Acres.
Realty sector and infrastructure firms like GMR and HCC are venturing into the education sector, aiming to capitalize on the growing education industry in India.
Sheth Developers pre-leased half of their upcoming 1 million sq ft 'Vivacity' mall in Thane, Mumbai, to retailers like Hypercity, Shopper's Stop, and Cinepolis, indicating a resurgence in commercial real estate demand.
Commercial real estate faces dwindling demand, impacting lending. Oversupply and low occupancy rates make banks cautious, impacting developers seeking funding.
Sunil Mantri Group and Kumar Yashraj Group have launched 'The Square' in Sholapur, blending residential, commercial, and retail spaces for a premium urban experience.