Steel producer Ispat Industries is hoping to sell its property at Mumbai's Pedder Road at a rate of about Rs 50,000 per sq.ft. The company may sell the property as duplex flats, implying an area of 8,000 sq ft, costing approximately Rs 40 crore (Rs 400 million), or as single flats of 4,000 sq ft, valued at Rs 20 crore (Rs 200 million).
Prime Minister Narendra Modi on Saturday inaugurated a 216-foot tall 'Statue of Equality', commemorating Sri Ramanujacharya who promoted the idea of equality in all aspects of living, and drove home the 11th century Bhakti saint's message of equality of all.
Always knew I would get Indian visa, getting Rohit as my first wicket is incredible: Shoaib Bashir
The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.
Tejashwi Yadav on Friday called out Union Minister Giriraj Singh for sharing an "edited video" of an interview to suggest that the young Rashtriya Janata Dal leader was going back on his promise to create 10 lakh jobs in the state.
"Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cross 1,000 million sq ft by 2012," said Cushman & Wakefield and GRI in The Metamorphosis, a report on India Real Estate Investment for 2008. The residential segment continues to drive real estate demand with 687 million sq ft, contributing 63 per cent throughout the term under consideration, the report said.
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
For India, it is a symbol of will and a successful feat of arms.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
According to police, the bus was on its way from Coonoor to Tenkasi when it met with the accident. The passengers who were onboard the bus were returning home from a tour in Ooty.
Ziva Dhoni, Moeen Ali's son Abu Bakr Ali, and Robin Uthappa's son Neale Nolan Uthappa were seen playing with their dads.
Relief work gained momentum on Saturday as rainfall came to a halt in many parts of the state. When contacted, a senior official told PTI that 16 people lost their lives in rain-related incidents as per the reports received till Saturday afternoon.
On Monday, a new chapter will be written in Ayodhya's and the country's history with the consecration ceremony at the newly-built Ram temple which will be attended by Prime Minister Narendra Modi and over 7,000 guests.
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India will add up to 40 million sq ft of office space this year, which will be higher than many other advanced countries, but lesser than China.
The incident led to a political confrontation between the government and Opposition in the state.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
The report by the Financial Times on Tuesday came even as Canada is yet to comply with India's communication to Ottawa to withdraw over three dozen of its 62 diplomats in the country.
Addressing a public meeting after unveiling a 125 ft-tall statue of B R Ambedkar here, KCR said the BRS party was getting a tremendous response from Maharashtra and was expecting a similar reaction from West Bengal, Bihar, and Uttar Pradesh.
This sort of property is better suited for an investor rather than an end user.
The large-hearted families agreed to donate the skin and eyes of their loved ones whom they lost after the roof of the stepwell collapsed during a havan held on the occasion of Ram Navami at the Beleshwar Mahadev Jhulelal temple, said voluntary organisation Muskan Group.
Security was beefed up on Monday a day after a row broke out over the removal of a saffron Hanuman flag from Keragodu village in Mandya, with protests demanding its restoration and the incident sparking a political confrontation between the Congress government and the opposition Bharatiya Janata Party-Janata Dal (Secular).
Sources said the chopper, which was on a training flight, crashed as it began taking off from the helipad.
'When you are at 15,600 ft, and in a glacial terrain, where temperatures are much below zero, and can dip to even -40 degrees Celsius, it is not just the harsh weather you have to brave, but isolation too which comes at such a height'
A three-judge bench headed by Justice BR Gavai sought a report from the Cauvery Water Management Authority on the amount of water released by Karnataka, after additional Solicitor General Aishwarya Bhati informed the court that a meeting of the authority is scheduled for Monday.
Of the 156 choppers, 66 would be inducted by the Indian Air Force while the rest 90 would be acquired by the Indian Army.
Anju, who now goes by the name of Fatima after converting to Islam, on July 25 married her 29-year-old friend Nasrullah, whose home is in the Upper Dir district of Khyber Pakhtunkhwa.
'After Covid, people started looking for bigger houses with pools and landscaped gardens.' 'Even middle class buyers are looking at plots of land in smaller towns.'
Chennaiyin FC beat Tribhuvan Army 3-0 to enter quarter-finals
India has constituted a high-level inquiry committee to probe allegations relating to a conspiracy to kill a Sikh extremist on American soil.
A former student of Visva Bharati has filed a complaint with the police against Vice Chancellor Bidyut Chakraborty and two other officials, accusing them of causing "mental harassment" to Nobel laureate Amartya Sen over land eviction.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
The Indian School of Business (ISB) is the only one in the country to find a place in the list of top 20 B-schools in the world, published by the Financial Times.
Prime Minister Justin Trudeau on Tuesday said Canada was going through an "extremely challenging time" with India but asserted that Ottawa will continue to have "constructive relations" with New Delhi, amid the diplomatic row between the two countries over the killing of a Khalistani separatist.
Two whole-time directors KVS Manian and Shanti Ekambaram of Kotak Mahindra Bank are in the race for the post of managing director and CEO, the position vacated by Uday Kotak last week. Kotak stepped down as MD and CEO of the bank effective September 1, 2023, four months ahead of his term was to end. The RBI will soon decide on Kotak's replacement as the new MD and CEO of Kotak Mahindra Bank, as the new person has to take charge on or before January 1, 2024.
"Independence means if government has done something wrong, you say it's wrong. But at the same time, you should have courage when the government is doing the right thing every day. You have to also say that," he Gautam Adani was quoted as saying by FT.
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
Net office leasing rose by 8 per cent to 5.85 million square feet in the July-September period of this calendar year across seven cities on better demand from corporates and coworking operators, according to JLL India. Property consultant JLL India attributed the rise in net absorption to various factors such as better awareness about coronavirus, preparedness along with mass vaccination drive and unlocking of economy has aided in the revival of the office market. Net absorption or leasing includes fresh leasing in completed buildings and pre-commitments in buildings that become operational during the time being reviewed, and excludes exits/terminations, churns, renewals, and pre-commitments in future supply.
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