Research Now, the global leader in digital data collection to power analytics and insights, today announced the official opening of a new India office located in the Cyber City business hub in Gurgaon, close to New Delhi. The new facility provides space for more than 50 staff servicing the India market, Asia Pacific clients, and… Read More »
Noida is emerging as a hub for smartphone makers. While the city earlier housed assembly and manufacturing facilities, a number of mobile handset makers are setting up offices and research units there. Chinese handset manufacturer Vivo leased 250,000 sq ft in the World Trade Centre at Greater Noida for its office, R&D centre and manufacturing… Read More »
Mahindra World City Developers, an arm of Mahindra Lifespace Developers, has launched a new phase in the industrial zone of Mahindra World City Chennai with focus on engineering, automotive, logistics, electronics and pharma companies. The new phase, spread around 42 acres, is located in the domestic tariff area (DTA) at Mahindra World City Chennai, which already… Read More »
A sluggish growth in demand for office spaces in the city through the last few years paints a grim picture for the state of business affairs in Bengal. The tepid demand has also stubbed significant launches in the market. According to a study , 42.4% office space of the Grade A category is lying vacant… Read More »
London, New York and Singapore top preferred investment destinations According to international real estate consultant Cluttons, Gulf Cooperation Council (GCC-based) high net worth individuals are set to continue investing in global real estate for the remainder of the year, with the 63% claiming that they are likely to invest in their most preferred real estate… Read More »
Sapient, a global services company that helps clients transform in the areas of business, marketing, and technology, today inaugurated its world’s single largest premise in Bengaluru. The 4,00,000 sq. ft. area will add 3500 new workstations and take Sapient’s total India capacity close to the 10,000 mark. Rajdeep Endow, Managing Director, Sapient India said, “We are a company… Read More »
DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake sale transaction and expects to receive binding, updated bids in the form of shareholder agreement once the short-listed bidders complete their due diligence. The realty firm circulated the information memorandum to a number of investors across the globe in April,… Read More »
Incentives and initiatives for REIT listings are underway but what does it take for markets to absorb these initiatives, and regulator to create an eco-system conducive to REITs? After SEBI issued recent guidelines for Real Estate Investment Trusts to see the light of day, REITs have been the talk of the town. While REITs were… Read More »
DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake sale transaction and expects to receive binding, updated bids in the form of shareholder agreement once the short-listed bidders complete their due diligence. The realty firm circulated the information memorandum to a number of investors across the globe in April, and… Read More »
Singapore’s Temasek Holdings Pte and GIC Pte, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority are in advanced talks to invest in Everstone Group’s $2 billion real estate investment trust (Reit) offer, three people aware of the development said. The offering by Everstone Group’s industrial and logistics real estate development platform, IndoSpace, is… Read More »
