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05 February 2009
Realtors Unable To Achieve Retail Space Target
As per a study, DLF, Parsvnath and other property firms have lagged behind by 54 per cent in their target to open retail space even as retailers' vacancy climbed to 16 per cent in 2008. Fund-starved realtors failed to deliver 11 million sq ft of retail Read More...
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23 October 2007
Government Clears 14 new SEZs
Government approved 14 proposals for setting up SEZs, including those of TCS and Singapore-based realty major Ascendas but deferred a decision on plans by DLF and Unitech Hitech for setting up tax-free zones in Noida in the NCR region. Formal clearance Read More...
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23 October 2007
Massive Shortage of Govt office Accomodation
There is a net shortage of 25.90 lakh sq feet of government office accommodation in Delhi alone and 20.12 lakh sq ft in other major cities, according to a report prepared by the Urban Development Ministry. In Kolkata , the demand for government office Read More...
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