'Am I going to take my money with me when I die tomorrow?' asks Kadar Shaikh when asked about the money he spent to develop two COVID-19 isolation centres with 145 beds by spending more than Rs 1 crore.
CoLife offers shared living and working spaces under the brands CoLive247 and CoWork247.
As Covid-19 cases recede, India Inc is once again tweaking work rules. Big tech companies such as TCS, Wipro and Infosys have either begun or are in the process of calling employees back to office in a staggered manner. A survey by Aon, a global professional services firm, has found that 60 per cent of tech firms now expect every second employee to come to office. More than half of the employees working in engineering and manufacturing firms are also being asked to return to work.
Will people buy as many cars as before if more office-goers are working from home? How much existing office space in commercial buildings will become surplus, and what will that mean for the construction industry, asks T N Ninan.
Brookfield Asset Management will pay around Rs 29,000 per square foot for the 170,000 square feet of space in Jet Airways' two-floor office in Bandra Kurla Complex.
He also asserted that ease of living and ease of doing business were behind the spirit of the work being done under the Central Vista project.
Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
The sentiment in the real estate industry turned optimistic during October-December 2020 and the outlook for the next six months is positive on the back of revival in demand for both residential and office properties, according to a survey by Knight Frank India-FICCI-Naredco. The 27th edition of 'Real Estate Sentiment Index Q4 2020 survey' of developers, banks, financial institutions and private equity players operating in the sector was released on Monday in a video-conference. As per the report, the 'Current Sentiments Score', for the first time in 2020, entered the optimistic zone at 54 points in Q4 (October-December) 2020, a significant jump of 14 points over the previous quarter.
The October 28 decision of the President rejecting the plea is based on an opinion rendered by the Election Commission, the poll panel said.
Mumbai and Bengaluru also featured among the list of top five global cites in terms of future rental growth.
... Are far-reaching social changes coming with it, asks Ajit Balakrishnan.
ICA is India's first ever players' association formed as per recommendation of the Supreme Court-appointed Justice RM Lodha panel.
Mumbai's Bandra Kurla Complex moved down from 18th to 19th position.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
According to a civic official, the demolition at Ranaut's Pali Hill office started around 11 am and continued for the next one-and-a-half hours, till the high court passed the order.
US-based CB Richard Ellis released a study yesterday showing office space take-up across key Indian cities had increased 37 per cent in the first quarter of calendar 2013, compared with the same period last year.
Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.
Rentals for office space in Mumbai rise around 5-10 per cent, says a survey.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
While it is good to appreciate how others manage, set your own goals as a family, says Fatema Agarkar.
Developers are cautious about the timing of launches in the near term, given the relative uncertainty in demand pick-up and logistical challenges during the lockdown. However, affordable housing projects slated for the first quarter (Q1) of 2020-21 (FY21) may get launched this quarter itself.
Office space on mill land in central Mumbai expected to reach 16 mn sq ft by 2021.
Aditya Bafna, MD, CEO, Seva Group explains how a healthy and mindful habits can help improve productivity at the workplace.
Kurla alone will add office space that is three times that of Nariman Point.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
IT and IT-enabled services will be allowed to operate with essential minimum staff only while the rest would work from home.
Aditya Bafna, second-generation entrepreneur, tells you how to make yourself eligible for your dream role.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
The saga of buying out high-end office space in Mumbai continues. In a latest development, Mumbai-based education company, Core Projects and Technologies, is in talks with the leading plastic goods maker Supreme Industries to buy out the office property developed by the latter in the Andheri area of Mumbai. The deal could be worth Rs 350 crore (Rs 3.5 billion) in value, said sources close to the development.
The centrality of idle office chitchat has only recently come to be acknowledged by executives as they jettison their access cards and work from home in larger numbers, notes Kanika Datta.
Among the 21 MLAs who have been appointed parliamentary secretaries for the "smooth functioning of the government" are Adarsh Shastri, Jarnail Singh and Alka Lamba.
Prices of residential property in Mumbai, NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a sharp fall in H1-2020 with Kolkata witnessing the steepest drop of 7.5% to Rs 33,433 per square meter. Demand for office space fell the most in Pune and NCR markets at 47% and 45% respectively.
The search committee will forward the names to the selection committee comprising the Prime Minister, the Chief Justice of India or his nominee, Lok Sabha Speaker, the leader of the largest opposition party and an eminent jurist.
Individuals who can understand data and go for data driven decisions making using their critical mind will be highly valued.
June quarter showed revival over previous one, says study; Mumbai-Pune and Bangalore lead the way
Over the years, Indian IT/ITeS companies have grown and so have multinationals which, after entering India 5-10 years ago, now want larger office spaces to consolidate their work into a single large building.
Gandhi has declared that his source of income was MP's salary, royalty income, rental income, interest from bonds, dividends and capital gain from mutual funds.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
The expansion comes in the wake of Infosys is planning to expand the workforce at Lodz delivery centre by 500 people.
The stakeholders' sentiments for a shorter period fell from 63 in Q3 2014 to 48 in Q3 2015.
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