Realty brokers will now have to appear for exams in Maharashtra
Mumbai: Real estate brokers will now have to appear for exams and get a certificate in order to do their jobs in Maharashtra. In a recent circular, M...
Larsen & Toubro Parel Project LLP, Omkar Realtors asked to refund money to homebuyers
Noida: National Anti-Profiteering Authority (NAA) has directed Larsen & Toubro Parel Project LLP and Omkar Realtors Developers Private Limited to refu...
Pune witnesses highest sales of residential units since 2013
Mumbai: Pune’s residential realty market saw the best sales in 2022 since 2013. According to a report issued by Knight Frank, Pune had recorded sales...
Pune sees high jump in property prices in 2022
Mumbai: Pune has witnessed third-highest price increase in property prices in 2022, according to a research by ANAROCK. Pune has witnessed the absorpt...
286 deals signed under SWAMIH fund worth Rs 28393 cr
Mumbai: There are about 1.72 lakh home buyers who are stuck in stalled housing societies or projects in the country and they will benefit by way of 28...
SC quashes attachment of VGN Projects Estates' 10.6-acre land by ED under PMLA
Mumbai: The Supreme Court has quashed an Enforcement Directorate (ED) order attaching about 10 acres of land in Chennai’s Guindy area worth Rs 115 cr...
Enforcement Directorate seizes many properties of Shine City worth Rs 31 cr
Mumbai: The Lucknow unit of ED (Enforcement Directorate) has seized many immovable properties of realty player Shine City and several other related fi...
Redcliffe Labs mired in allegations of fraud cheating, amasses thousands of negative reviews
Mumbai: Noida-based preventive health check up firm Redcliffe Labs has amassed thousands of complaints of fraud and cheating on Google Reviews and oth...
ATS pays up to Noida Authority for land for Bouquet project
Kochi: Noida Authority has restored the allotment of land to realty firm ATS for its project ‘ATS Bouquet’ in sector 132, Noida after the builder paid...
Industrial & warehousing space absorption at 44 mn sq ft in 2021: Report
New Delhi: Industrial & warehousing space absorption in the country stood at 44 million square feet in 2021, according to a report by Savills India....
Macrotech Developers inks pact with Morgan Stanley Real Estate Investing for Rs 600 cr investment in warehouse
Mumbai: Macrotech Developers has joined hands with Morgan Stanley Real Estate Investing (MSREI) for the development of a warehousing project close to...
TARC Ltd sells warehouse to Blackstone Grp for Rs 295 cr
Mumbai: Realty player TARC Ltd has sold a warehousing asset in Delhi to Blackstone Group for 295 crore. The watehouse has been sold to BREP Asia II EI...
Warehousing sect receives investments of Rs 5,657 cr in H1 of 2021
New Delhi: Warehousing sector got investments of Rs 5,657 crore in the first half (H1) of 2021 (or about USD 775 million) from institutional investors...
Supply of warehousing space doubles to 15 mn sq ft in H1 2021
New Delhi: The supply of warehousing space touched 15 million square feet of new building completions in the first half (H1) of 2021, a two-fold jump...
Leasing of industrial, warehousing spaces touches 10 mn sq ft in top cities
New Delhi: Leasing of industrial and warehousing spaces stood at 10 million square feet in the first half of 2021 in the top five Indian cities- Delhi...
Country adds 27 msf warehousing space to touch 238 msf mark in 2020
New Delhi: The country has added added 27 million square feet of warehousing space in the top 8 cities to touch 238 million square feet mark in 2020. ...
Hiranandani Grp to invest Rs 10,000 cr for data centre in WB
New Delhi: Mumbai-based Hiranandani Grp will establish a logistics and ‘hyperscale’ data centre park with an investment of Rs 10,000 crore in West Ben...
FAR, ground coverage limit hiked for warehousing by DDA
New Delhi: Delhi Development Authority has given approval for increasing the floor area ratio for warehousing 100 percent and ground coverage from to...
Trends to look out for in Warehousing & Logistics industry in 2021: Abhishek Bhutani-C&W
--By Abhishek Bhutani, MD-Logistics & Industrial, Cushman & Wakefield Warehousing is the nerve centre of the logistics industry. The industry creates...
Singapore’s GIC, ESR Cayman to have Rs 4,750 cr play in Indian logistics market
New Delhi: Singapore’s GIC and logistics firm ESR Cayman have inked a 80:20 partnership to set up Rs 4,750 crore (USD750 million) JV to develop and bu...
About 75k industrial areas coming up; USD 7 bn worth of platforms created for warehousing since 2015
New Delhi: There is 75,000 acres industrial areas coming up across India. About USD 7 billion worth of platforms have been created for warehousing sin...
Warehousing attracts investment of Rs 28,000 cr: Colliers
New Delhi: Warehousing segment of real estate industry has attracted investment inflows of Rs 28,000 crore since 2017 till the first half of 2020, acc...
Warehousing sector sees 44% CAGR growth in last 3 yrs
New Delhi: Warehousing sector saw a healthy demand in the last fiscal 2019-20 with Pune market seeing 42 percent jump in leasing activity over the pre...
VRL Logistics Ltd’s net profit nosedives 90% to Rs 2.13 cr for Q4FY20
New Delhi: VRL Logistics Ltd’s net profit nosedived 90 percent to Rs 2.13 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 20.51 c...
Data centre capacity to grow two times 1,000 MW by 2024-25: CBRE
New Delhi: The capacity of date centers in India will grow two times from the current 500 MW to 1,000 MW by fiscal 2024-25. Even in 2020, Chennai, Pun...
Uttar Pradesh accords industry status to warehousing and logistics
New Delhi: Uttar Pradesh will now give industry status to warehousing & logistics sector, something which will drastically lower the costof setting up...
Technology-led logistics aggregator Shiprocket raises USD 13 million in series C funding
New Delhi: Delhi-based Shiprocket, a technology-led logistics aggregator, has raised USD 13 million in series C funding led by Silicon Valley’s Tribe...
New supply of 9 mn sq ft of warehousing space in Q1
New Delhi: There has been new supply of 9 million square feet of warehousing space in the first quarter if the current calendar year, significantly hi...
CBRE South Asia launches commercial listings platform on its website
New Delhi: In a move towards digitalization, real estate consulting firm CBRE South Asia Pvt. Ltd. Has launched a commercial listings platform on its...
Spicejet To Set Up Warehousing Facility In Hyderabad
New Delhi: A warehousing, distribution and trading facility will be set up in the aerospace and industrial park of GMR Hyderabad Aviation SEZ Limited...
Warehousing Spaces Grow 25% In 2019: JLL
New Delhi: The warehousing real estate industry is growing by leaps and bound and has registered 25 percent increase in 2019 over 2018. The total ware...
Chennai Sees PE Investment Of USD 220 Mn In Warehousing Industry
New Delhi: Chennai has received private equity investment in logistics and warehousing sector to the tune of USD 220 million (Rs 1,540 crore) since De...
Warehouses In Delhi NCR, Mumbai Set To Get Bigger: CBRE
New Delhi: The average size of warehouses is expected to exceed 1 million sq ft in Delhi NCR and Mumbai in the near future while the average size of t...
Warehousing Sees Rs 1,400 Cr Investment in H1 of 2019
New Delhi: An investment of Rs 1,400 crore in the Indian warehousing industry has been recorded in the first half (H1) of 2019, according to a report...