New Delhi [India], October 18 (ANI): Ministry of Housing and Urban Affairs, Government of India is organizing a three-day event namely 'Indian Urban Housing Conclave-2022' (IUHC2022) under Pradan Mantri Awas Yojana-Urban (PMAY-U) at Rajkot, Gujarat.
Pune (Maharashtra) [India], September 23 (ANI/PRNewswire): BeyondWalls hosted Pune's most exclusive Developers' meet 'Gearing up for Festive Season 2022', bringing together industry stalwarts from some of the most influential developer brands under one roof. The Developers meet focused on the current Real Estate landscape in Pune, consumer sentiment and demand, and the upcoming festive season.
Palo Alto (California) [US], April 20 (ANI/PRNewswire): DevRev, a business software company bringing Developers closer to their customers (Revenue), today announced the beta release of their platform.
New Delhi [India], February 26 (ANI/PNN): Blessed are the ones who can wake up to mesmerising mornings, sip a hot cup of tea under the mellow sun, and go back to bed with the sound of crickets. Sounds like a flashback from the old vacation days, right? Now, imagine living like that every single day of life!
New Delhi Jan 23 PTI The office market in Delhi-NCR remained active last year despite the COVID-19 pandemic with Gurugram witnessing a nearly two-fold jump in gross leasing to 4 million square feet according to Colliers India Gross leasing of office space in Gurugram stood at 21 million square feet during 2020 Noida saw a marginal increase in gross leasing of office space at 21 million square feet during the 2021 calendar year as against 19 million square feet in the previous year In Delhi the absorption of office space remained flat at 200000 square feet According to Colliers India report the Delhi NCR office market overall recorded 50 per cent rise in gross leasing of office space to 63 million square feet in 2021 from 42 million square feet in the previous year Technology companies accounted for 40 per cent share in total leasing Led by growing demand for managed spaces from enterprises and start-ups demand for flexible workspaces grew three-fold and inched closer to one million square feet in 2021 Commenting on the report Bhupindra Singh Managing Director Regional Tenant Representation and Office Services North India Colliers said The overall absorption numbers indicate a strong desire for corporates to commit to the office segment and thereby showcasing that the WFH work from home is an interim option only In Delhi-NCR market DLF Ltd Brookfield group Bharti Realty and Max group firm MaxVIL are major real estate players that give office space on lease Coworking firms which have major presence in the NCR are WeWork Smartworks Skootr Global The Executive Centre Simpliwork Awfis and The Office Pass among others Singh noted that office absorption in Noida has gained significantly since the onset of the pandemic as it is a very cost-effective location supported by superior infrastructure The quality of buildings is at par with any other development in the North he added On the NCR office market Skootr India Founder and Director Puneet Chandra said Corporate occupiers are looking for portfolio re-optimization and focusing on cost-effective and core flex strategies for inculcating Work From Anywhere According to Chandra corporates are encouraged by flexible leases and low upfront cost in managed office spaces provided by coworking operators With an increase in demand for managed office space Chandra said the leasing deal momentum has significantly gone up According to the Colliers report the new supply of Grade-A office space in Delhi-NCR fell to 41 million square feet in 2021 from 75 million square feet in the previous year In Gurugram the new supply declined to 28 million square feet from 47 million square feet The office supply in Noida fell to 13 million square feet from 22 million square feet In Delhi there was no new supply of premium office space in 2021 The national capital had seen fresh supply of 600000 square feet in the previous year Developers have remained cautious in bringing new supply due to elevated vacancy levels in certain micro markets Colliers said The consultant forecast gradual rise in office rentals this year due to the limited availability of quality stock PTI MJH MR
New Delhi [India], December 6 (ANI): The Supreme Court on Monday refused urgent listing of an application seeking direction to vacate the ban on construction activities of residential houses, apartments, small units and other non-commercial units in the national capital region.
New Delhi [India], December 6 (ANI/PNN): Blockchain enthusiast, tech founder, and serial entrepreneur Sri Vamsi Andukuri has been awarded the prestigious "Most Prominent CTO 2021" award, adding another feather to his cap.
Thane Sep 25 PTI The Thane District Consumer Disputes Redressal Commission has ordered a real estate developer to pay Rs 40000 compensation to a flat buyer for indulging in deficiency in service by way of not handing over the property within the stipulated time The order was issued by the commissions president Milind Sonawane on September 17 the copy of which was made available on Saturday Besides the compensation the commission also asked Sai Raj Builders and Developers and its partners to pay the refund of Rs 163332 to the complainant along with 10 per cent interest from the date of the payment of this amount in January 9 2016 Complainant Chhaya Raju Anands counsel advocate Ashwini Sarjine told the commission that in 2014 the complainant had booked a 450-sq ft flat in the project being developed by Sai Raj Builders at Navali Naka in Ambarnath for a consideration of Rs 3 lakh Till January 2016 she paid Rs 1 63332 and the developer was to give possession of the flat in the next eight months which he has not done so far The complainant sought that the developers be directed either to give the possession of the flat or to refund the amount with interest The commission said in its order that although the complainant has paid substantial amount there was no sign that the developer would give the possession of the flat to her The opponents have committed deficiency in serviceAs they have not completed the project and there is no evidence when it would be completed it would be appropriate to direct them to refund jointly and severally the amount of Rs 163332 to the complainant along with 10 per cent interest from the date of the payment it said It asked them to pay Rs 25000 to the complainant for causing mental and physical harassment and Rs 15000 towards the cost of the legal proceedings PTI COR NP NP NP
Dubai [UAE], September 1 (ANI/SRV Media): Digitization has been a game-changer for all businesses in recent years. The printing industry is no exception.