Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis
The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.
After correcting somewhat from the sharp setback suffered in 2008, with some sectors managing to exceed previous peak prices in 2010, the sector entered 2011 with cautious optimism.
Tata, who attended the annual gala event at the National Centre of Performing Arts after five years, was alluding to Chandra's presentation on the performance of the Tata group of companies.
Nomura has come a long way since launching its first India-dedicated fund six years ago.
Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.
Key office markets around the world have seen sharp increases in rents, according to Cushman & Wakefield's Office Space Across the World 2011 report.
With a stable government at the Centre and the a renewed sense of confidence among the industry, there is expectation that there will be more demand for office space.
The 3, Motilal Nehru Place type VIII bungalow, spread over 2.5 acres, was vacated by former Delhi Chief Minister Sheila Dikshit recently.
Political disturbance over the demand for a separate Telangana state is forcing information technology companies to shift. The process to shortlist office space in neighbouring states, like Tamil Nadu, is underway.
London's West End remains the world's most expensive office market.
Restructuring is expected to cost the company $247 million in the fourth quarter of fiscal 2009 ending August 31. Of the costs, about $119 million would be related to reduction of excess office space globally and the remaining for severance and related costs of workforce reduction.
The EC had found no merit in the plea.
On a short trip in Mumbai for a board meeting, Nick Thomlinson, chairman of Knight Frank, the global residential and commercial property consultancy, shares his insights and forecasts with Byravee Iyer.
Call it a revival of the information technology (IT) industry or increase in demand from non-IT sectors, office lease and sale transactions have picked up by 10 to 15 per cent in the past quarter.
Bangalore has emerged as a clear preference for sectors like office and retail, while coming a close third in the residential and hospitality according to Cushman & Wakefield, a retail estate research firm.
Rs 15,000-cr investment planned to protect vendors from rising realty prices
'We had a great product for the global market and we could sell it globally resulting in this amazing growth.' 'When customers come online and buy a product, they don't look at whether it is created in India or somewhere else.'
The company's operations will be carried out from its facility at Divyashree Park SEZ in Whitefield, Bangalore. Initially, the company plans to recruit about 20 persons to begin operations and gradually increase the strength to 150 to 200 by end of first year of operations depending on the projects to support Gensler requirements.
The Andhra Pradesh government plans to set up an animation and gaming city in Hyderabad to promote the industry.
Sheep eyeball juice, frog smoothies and fruit bat soup... Which one do you find yucky?
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.
Now 40, The Peter Principle resonates even more today, when a lust for accomplishment has led an unprecedented level of incompetence.
The Election Commission on Friday recommended President Ram Nath Kovind that the 20 MLAs be disqualified.
Office space rentals in India are expected to fall up to 20 per cent in the next three quarters, with key cities like Delhi and Mumbai slated to witness a sharp decline of 50 per cent.
A forecast by this international real estate consultancy suggests that 'in Mumbai, rentals will fall for some more months and bottom out in the second half of next year, while in the national capital region, rents may bottom out in the second half of the current financial year in most areas.' In both metros, the correction in rents would be between 40 to 60 per cent by the first half of next year of their peaks in 2007-08.
The branding initiative coincides with the company's expansion.
Dalhousie square has close to 55 historic landmarks.
The real estate industry is witnessing a slowdown. In anticipation of rates to fall, consumers are postponing their purchase plans. Developers, for their part, are finding it difficult to access cheap credit with banks reluctant to lend to them. Both residential and retail demand has moderated though the demand for office space remains strong. Inspite of this, most property cos are expected to post reasonably good Q4 results. Builders are banking on mid-income projects.
The Intern is an easy, breezy office space confection that makes for a lighthearted viewing, feels Sukanya Verma.
The SOPs, issued against the backdrop of the government's plans to open up the economy, say an entire office building need not be closed if one or two cases of COVID-19 are reported there and work can resume after disinfection as per the laid down protocols. However, if there is a larger outbreak, the entire building will have to be closed for 48 hours and all the staff will work from home till the building is adequately disinfected and is declared fit for re-occupation, the ministry said in its 'SOPs on preventive measures to contain spread of COVID-19 in offices'.
According to a report by workplace provider Regus, 75 per cent of Indian respondents believe flexible working is a critical measure for achieving higher productivity.
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'
Smriti Dahiya, who interned as a proofreader shares her experience and the lessons she learned.
Over 25,000 sq ft leased by them in last three months after new maternity Act. Raghavendra Kamath reports.
In its latest report for second quarter 2008, Jones Lang LaSalle Meghraj said that though Indian office markets have continued to post growth over the past few years, the last few quarters have seen a polarisation in the office markets in terms of growth in demand across the country. It has categorised the office markets across six major cities -- Mumbai, Delhi NCR, Bangalore, Chennai, Hyderabad and Kolkata -- in three broad segments.
Costs on real estate construction are seeing stability.
Rakeen, a company promoted by Ras Al Khaimah, one of the seven emirates in the UAE, said it will invest $5 billion in India's real estate projects in partnership with a Chennai-based company.
Cognizant will set up its second IT and business process outsourcing services infrastructure in Kolkata with an investment of close to Rs 188 crore (Rs 1.88 billion) by end of 2008 on land acquisition, facilities construction and furnishing.
Rahul Gandhi's immovable assets have shown a decline since 2009 but the value of total assets has doubled to Rs.9.4 crore in the last five years.
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