Office redevelopment is emerging as a key growth frontier for developers as India's commercial real estate market shifts towards quality, sustainability, and capital efficiency. With land parcels scarce in central business districts (CBDs) and demand for Grade A offices remaining strong, developers and investors are increasingly turning to ageing office stock in prime locations to unlock value.
The incident caused burns to Mark Shankar's hands and legs, while smoke inhalation also affected his lungs and he is currently receiving treatment in a hospital there, Janasena Party said in a press release.
Two persons were rescued after the incident that occurred at 4.50 am in Shahbaz village, they said, adding that before the building collapsed, the authorities managed to evacuate 52 residents.
The National Disaster Response Force (NDRF) and personnel of the civic body's fire brigade rescued the two persons and carrying out the extricate the others.
CBD oil, found in marijuana, is gaining popularity for its pain-relieving properties. It's now legally available in India
Four National Disaster Response Force teams are engaged in rescue work, he added. The village has around 50 houses, of which 17 were buried under the landslide, the official said.
Cricket Australia are expected to announce over the next few days that the fifth Test, scheduled for Jan. 14-18 at Perth Stadium, will be switched to another city because of Western Australia's hard line on quarantine.
Nariman Point was ranked 30th on the top 50 rankings for global prime office properties.
Officials said Gaurav Arya, who runs a hotel in the coastal state, has been asked to depose before the central probe agency at its office in the Ballard Estate area of Mumbai on August 31.
As a mark of its commitment to biodiversity conservation, India will host the eleventh Conference of Parties to the Convention on Biological Diversity in October 2012.
According to a survey, CBD occupancy costs in Mumbai and Delhi are $11,400 (approx Rs 5,13,000) and $8,150 (Rs 3,66,750) per annum per workstation.
Owing to a mismatch between demand and supply of office space, rentals in the Bangalore's central business district (CBD) have peaked to Rs 90 per sq ft a month.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
The rentals in central business districts (CBD) of New Delhi are likely to witness a 10-15 per cent rise by 2005 with the starting of the metro rail service, according to a real estate consulting firm.
Dalhousie square has close to 55 historic landmarks.
Reader Swati Sriram has sent us a photograph.
'The urge to name the upcoming Navi Mumbai airport after well-known personalities and the equally strong urge to rally in large numbers supporting this name and that; all of this amidst COVID-19, felt deplorable,' asserts Shyam G Menon.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
Chaudhry will hold bilateral talks with his Indian counterpart S Jaishankar to review the status of bilateral ties and Comprehensive Bilateral Dialogue, which is stagnant.
As a compromise formula, India proposed targets could be revised at the subsequent CBD summits, scheduled to be held every 2 years till 2020.
Crashing computers, log-in problems upset students on the first day of Common Admission Test, 2011 at the IBSAR centre at Belapur CBD, Navi Mumbai. As many as 3,000 students appeared for the first day of the CAT exam. Divya Nair reports.
We had asked our readers to mail us photos of their Ganesha. We received many entries, some of which are being showcased here.
London's West End remains the world's most expensive office market.
After years of playing second fiddle to newer areas such as Bandra Kurla Complex and Andheri in Mumbai, Nariman Point, once the most coveted address in Mumbai and the country's first central business district (CBD), is bouncing back with a vengeance.
According to real estate consulting firm CB Richard Ellis Research, Continuous increase in office rentals in Asian financial hubs like Mumbai, Hong Kong and Singapore has driven some companies to shift out of prime locations. Corporate expansion continued in many parts of Asia despite increasing uncertainty in the global economic outlook and business sentiment remained largely positive due to expectations that leading Asian economies would outperform the US and Europe.
According to Colliers International's annual parking rate survey, average cost of parking a car in Sydney's CBD is Australian $733 a month, making it the fifth most expensive city in the world, AAP reported on Tuesday. The only more expensive city in the Asia Pacific for parking is Hong Kong, where the average price is $748 (Australian $939).
India's chief trade negotiator Rahul Khullar yesterday warned that the much-planned ministerial meeting, which the World Trade Organisation Director General Pascal Lamy wants to convene soon, can succeed only if there was a revised Doha Rules text reflecting the concerns of all the members and an immediate resolution of TRIPS-CBD issue.
Park Hotels, promoted by Apeejay Surrendra Hotels, has launched the first boutique hotel 'The Park' in Navi Mumbai's CBD Belapur, a thriving business district and a IT-manufacturing hub.
Delhi's Connaught Place is the 6th most expensive location in the world.
Mumbai's alternative business district of Bandra-Kurla Complex was at 18th position.
Senior Shiv Sena leader Manohar Joshi courted arrest at Belapur on Thursday along with party workers as part of the 'jail bharo andolan' to protest the Mahamumbai special economic zone of Reliance group in Raigad.
Gaurav Ghei finished tied 28th, best by an Indian, as the Volvo China Open went down the history books as one of the few tournaments that did not see a even a single player breaking par in the final day.
Gaurav Ghei zoomed up the leader-board to tied 29th after carding a three-under 69 as three Indians made the cut while four others fell by the wayside after the halfway stage of the $ 2.2 million Volvo China Open in Beijing on Saturday.
Gaurav Ghei zoomed up the leader-board to tied 29th after carding a three-under 69 as three Indians made the cut and four others, including Shiv Kapur, fell by the wayside after the halfway stage of the US $2.2 million Volvo China Open in Beijing on Friday.
A 36-year-old Finnish national was allegedly raped by an unidentified man in the satellite city of Navi Mumbai, police said on Wednesday.
Thank heavens for these images! From a mesmerizing panorama of the aurora borealis in Iceland to a beautiful image of Comet Neowise, the Royal Observatory's annual Astronomy Photographer of the Year competition has again produced some truly astounding images. Run by the Royal Observatory Greenwich in London in association with BBC Sky at Night Magazine and now in its thirteenth year, the competition this year received over 4,500 entries from around the world. The competition winners will be announced on September 16 at an online award ceremony, and displayed in London's National Maritime Museum that same month. Here's our favourite images from this year's batch.
Out of the ten prime plots purchased by this joint venture, Delta Corp East Africa Limited (in which RIL holds 58.8 per cent stake) has completed construction of at least one low-cost residential complex
"There is no use of these stop-start talks. We know the outcome, it's futile. The people of this country have been bored with such moves by the government," Shiv Sena leader Sanjay Raut said.
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