JLL had shortlisted over 10 developers and Embassy was selected after a long due and rigorous process of due diligence.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
The Kushan Pal Singh-led realty major has halted construction work on nearly 16 million sq ft of office and retail mall space out of the 62 million sq ft of planned construction. In the office space, the developer has stalled construction on nearly 12 million sq ft of office space out of the 36 million sq ft of space being planned.
In August this year, ABN Amro Bank decided to renew the lease for its 3,100 sq ft office space at Nariman Point's Sakhar Bhavan, but the landlord dropped a bomshell by jacking up the rental to Rs 500 per sq ft.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Wellness expert Roopashree Sharma answers your health queries.
The Congress leadership should have immediately called on the Karnataka chief minister to implement the Supreme Court order and crack down on the violence, says R Rajagopalan.
Associated Journals was allotted 3,478 sq m of land by the Maharashtra govt in 1983 for building a Nehru Memorial library and a research centre.
The Independence Day event at the historic Red Fort, where prime minister unfurls the tricolour and delivers a speech to the nation, was scaled down this year. Around 4,000 invites, a quarter of the usual, were issued to officers, diplomats, local leaders and others.
In 2008, FT inked a content partnership with Network18 Media and Investments after ending its 15-year-old content partnership with Indian financial daily Business Standard.
For such bonanzas, prospective home buyers have a downturn to thank. Property sales have fallen 15 to 20 per cent countrywide over the last six months, owing to rising home loan rates. This has pinched the cash flows of developers, already reeling under higher borrowing costs and a range of anti-inflationary measures that restrict their flexibility to raise funds.
The death toll from the Uttarakhand glacier disaster rose to 31 with five more bodies being recovered, officials said on Tuesday as multiple agencies raced against time to reach about 30 workers trapped inside a tunnel in a power project site and 175 people remained missing.
Office rentals in Mumbai are going over the top indeed. Even suburban localities like Goregaon have seen rentals going up by more than 100 per cent, from Rs 75 a sq ft last year to Rs 175 this year.
Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.
Swanky flats, mall to replace the iconic property.
When Tom Cruise arrived at the Tokyo premiere of Knight & Day' along side Cameron Diaz recently, he managed to match up the height of his 2 inches taller co-star. And now we can tell how.
The statue of Gandhi, which was donated by the Indian government to the city of Davis, was installed by the city council four years ago amidst protests from anti-Gandhi and anti-India organisations.
According to official date, the total volume of waste generated at the glacier is 236 tonnes.
The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.
The loss-making and debt-laden government carrier has earlier leased space in the 22-storey building to banks and offices but this will be first time that commercial eateries will be allowed in the premises.
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
Karnataka on Thursday night began releasing Cauvery river water to Tamil Nadu from the Krishna Raja Sagar Reservoir as per a Supreme Court directive.
Vipul Agarwal and Vivek Agarwal, the developers and partners in Alcon Landmarks, were arrested on Saturday after a portion of a 22-ft-high compound wall of a housing society collapsed on adjoining shanties of construction workers following incessant rainfall.
Call it an expectation of revival in the real estate market or improving liquidity, bulge bracket property deals have made a comeback in the country's commercial capital.
The world-wide acquisition of the iconic Hamleys brand and business places Reliance into the front-line of global retail.
Venice has been hit by the second worst floods on record, leaving an 'indelible wound' on the historic Italian city. Water flooded the city's historic basilica and left many of its squares and alleyways deep underwater. City officials said the tide peaked at 187 cm (6.14 ft) at 10.50 pm (local time), just short of the record 194 cm set in 1966.
The ED is of the opinion that the authority stepped into the shoes of the trial court and commented on the preliminary investigation done by the CBI in the impugned order.
Top seed John Isner downed defending champion Kevin Anderson 6-2, 7-6 in a battle of tennis giants to march into the semi-finals of the Delray Beach International on Friday.
Sales decline as rates back to pre-recession levels; observers divided on reason.
Modi, 48, is currently living in a three-bedroom flat occupying half of a floor of the landmark Centre Point tower block, where rent is estimated to cost 17,000 (Rs 15 lakh) a month, The Telegraph reported.
Blood tests are a significant diagnostic method for disease detection, says Prashant Shetty.
However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes.
International model Kelleth Cutbert's photographs from Golden Globes is a meme that has now gone viral.
10 malls expected to go off business this year
A cartelisation of Mumbai's real estate, one of the costliest in the world, in the matter of transferable development rights has put upward pressure on prices and has also caused concern in policy circles.In a recent development, just six-odd builders and developers hold 70 per cent of the 2.5-3 million sq ft TDR available. The price of TDR has also surged to Rs 2,500-Rs 3,000 per sq ft from Rs 800-1,000 sq ft in the past six months.
"The fourth body was found at 230ft in general area where the third body was found. It is located about 20 feet away from the pulley cart used to transport the dug-out coal," operation spokesperson R Susngi said.
Taipei 101, Incheon, Lotte, Burj Dubai . . . the mania to build taller buildings is getting stronger.
A floating 5star resort, the SuperStar Virgo offers fun, entertainment and activities as it cruises through some of the most exotic locales across Asia.
Apartment prices at Planet Godrej, a premium residential property developed by Godrej Properties in the tony Mahalaxmi area of Mumbai, had come down to as low as Rs 17,000 to Rs 18,000 a sq ft in the property market slowdown last year.
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