Realty major DLF on Wednesday formally launched its shopping mall in Noida, touted as one of the biggest in the country and built at an investment of Rs 1,800 crore. India’s largest realty firm is expecting about Rs 225 crore rental income per year from this mall, which has a leasable area of about 2 million… Read More »
Net absorption of office space fell by 11 per cent in Delhi-NCR to over 7 lakh sq ft during January-March with corporates focusing on consolidation and relocation, according to a report. The net leasing of office space stood at nearly 7.96 lakh sq ft in the year-ago period. The fall was steeper at 37 per cent compared… Read More »
The Trump Organization has signed its first commercial office deal in India with private equity fund and developer IREO in Gurgaon. The American real estate firm founded by Donald Trump, the front runner for the Republican nomination for the President of the United States, will lend its name to a new high-end 600,000-700,000 sq ft… Read More »
Realty firm Logix has developed a mixed-use project comprising a 6 lakh sq ft shopping mall in Noida at an investment of Rs 600 crore and expects to earn an annual rental income of about Rs 80 crore. Noida-based Logix group is also in the process of giving final exit to Bahrain-based TAIB Bank from its… Read More »
Real estate developer DLF has leased about 350,000 sft in its commercial complex at Gurgaon to Samsung India Electronics. Sources say that Samsung India Electronics has leased the space for its India headquarters. The complex has been built at an estimated cost of over Rs 400 crore. ‘Two Horizon Center’ by DLF comprises of 1.1 million… Read More »
The 12-acre project in Gurgaon would be developed at a cost of Rs 1,100 crore and has a total leaseable area of 2 million sq ft. Realty major DLF has given an about Rs 800 crore contract to L&T for construction of its new office complex in Gurgaon. The construction of this office project has started and… Read More »
DLF, India’s largest real estate company, is targeting to increase its CRE (office and retail) supply to 36-40 million sft in the upcoming years. Presently, its office and retail space covers around 31 mn sft, of which 2 mn is vacant. The developer has planned to add 4 mn sft of new office space in… Read More »
Unnati Fortune Group, a Noida based real estate firm has awarded a contract of Rs 150 crore to Jindal Steel & Power Limited (JSPL). This is for the construction of a retail-cum-office tower in Noida’s sector-144 which is a part of the 25-acre land parcel owned by Unnati World project in Noida. The project has been planned and… Read More »
