Buoyant with the increasing demand of affordable commercial office spaces, the K. Raheja Group which already runs three IT parks under the brand Mindspace, is planning to invest an estimated Rs.2,000 crore in acquiring land and developing 6 million sq. ft of commercial space in the next two-and-a-half years in Navi Mumbai. Vinod Rohira, managing […]
commercial real estate india Archive
February 2, 2016 10:30 am
Hiranandani leases 19lakh sqft to TCS at Thane
Signaling the revival of the sluggish commercial real estate sales in the city, the largest deal in the office space has just concluded between TCS and Hiranandani. Software giant Tata Consultancy Services has signed on the dotted line to pick up 19 lakh square feet for its biggest office under one roof at Hiranandani Estate […]
December 24, 2015 10:00 am
Its good time to invest in commercial property
According to real estate experts, it’s good times to make an investment in the commercial property as companies are expanding their business with an aim to improve their business sentiment. If you are looking for regular cash flow with higher return and rental, so investment in commercial property is better than residential property. As per […]
December 15, 2015 6:00 pm
Investment in real estate is about to touch seven years high with Rs 53,000 cr
At the end of 2015, the investment into real estate sector is ready to close with $ 8 billion or Rs 53,000 crore and it highest among last seven years. However; most of the money has come from borrowings as well as private equity (PE) route through NCD (non-convertible debentures). While looking to size of […]
December 3, 2015 1:30 pm
RMZ Corp is in initial talk to acquire Essar’s Equinox Business Park in Rs 2,400 cr deal
Essar is in initial negotiation stage with real estate developer RMZ Corp to sell its Equinox Business Park, which is located in Mumbai. According to sources the price of deal will be about Rs 2,400 crore, or $ 360 million. In recent years, this could be the biggest commercial real estate deal in the MMR […]