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Ozone Group, the Bangalore based property developer, has announced the setting up of a state-of-the-art tech park on Hosur Road in Bangalore.The IT Park has gone live with one leading IT company taking a 50,000 sq ft space. Bookings are now open for IT Read More...
Hyderabad-based dairy products firm, Heritage Foods announed plans to set up at least 30 retail stories under the brand - `Fresh@` - by the end of 2007 in Bangalore, a part of it Rs 1.5 billion plan to invest in retail operations in South India, reports Read More...
BANGALORE: Hamburg-based real estate investment management company, Union Investment Real Estate AG, which manages assets worth over e13.2 billion globally, is in talks to buy out the Bangalore-based India Builders Corp’s Knowledge Park which is Read More...
The finance minister's Budget proposals for the real estate sector has evoked a mixed reaction. Inclusion of lease rental income from commercial business in service tax net may have a marginal negative impact for companies in commercial segment as Read More...
The office and mall space has just got dearer by 15-20pct and your home by a further 20pct. Terming the budgetary provisions, if any, for the real estate sector as bordering on the ‘ridiculous’, property pundits feel that the extension of Read More...
Bangalore, India, February 23, 2007 - Office space in Bangalore's IT suburb of Whitefield can be rented cheaper now than a year ago thanks to an oversupply situation in the area. Rentals for Grade A properties in Whitefield are now around Rs.20 per Read More...
Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing. Dawnay Day which Read More...
According to Cushman and Wakefield, a real estate research firm, Bengalooru (Bangalore) occupied the first position i.e. 33.75pct, of the 40 mn sq ft of commercial space leased or committed in India last year. Second stood the NCR comprising Delhi, Gurgaon, Read More...
With the explosion in retail and realty boom in India, 'going green' is going to become a buzz word with the corporates and end-users alike. The $6 bn Trane India, that provides heating, ventilating and air conditioning products (HVAC), is eyeing Read More...
New research issued by global real estate adviser DTZ has revealed that the Grade A&B leasehold office space absorption in Bangalore crossed 8.9 million sq ft in the first three quarters of 2006. Its latest research report into the change in occupied Read More...