DHFL crisis set to linger on as forensic audit points to massive fund diversion; banks unlikely to lend to crippled firm
DHFL had sought a Rs 15,000-crore lifeline from the lenders as they finalise the resolution plan, which may also include picking up 51 percent equity in the company by converting their debt into equity
CBRE's India revenue grew 20 percent during 2018 and expects to maintain its growth even in 2019, he said, but did not disclose the turnover figure.
Connaught Place world's ninth most expensive office location; Mumbai's BKC slips to 26th, says CBRE report
"Delhi's Connaught Place moved one notch up to be the ninth most expensive office location with an annual prime rent of $153.26 per sq ft from last year's 10th most expensive office location," CBRE said.
Some developers are not passing on the full benefit of input tax credit under the GST to home buyers who have booked flats in under-construction projects, property consultant CBRE said on completion of one year of the new indirect tax regime.
Bengaluru most preferred for office space in Asia-Pacific; beats Shanghai and Singapore, says CBRE report
Bengaluru is the most preferred city for office expansion in the Asia Pacific region, followed by Shanghai and Singapore, a report by CBRE said
Bengaluru led residential sales in India in 2016 with a 27% share as against 25% in 2015, CBRE said in a statement
Realty developers and consultants today hailed the passage of the regulatory bill in Rajya Sabha, saying the law will bring credibility to property business and protect consumers interest but felt that some of the provisions like imprisonment are harsh.
Real Estate Investment Trusts should be exempted from the dividend distribution tax and stamp duties in the upcoming Union Budget so as to make them attractive to domestic and foreign investors, says property consultant CBRE.
he city's prime commercial destinations BKC and Nariman Point dropped in rankings of most expensive office markets globally, even as Delhi's Connaught Place continued to figure in the top 10, a survey said. According to a research by property consultant CBRE
Mumbai's alternative business district of Bandra–Kurla Complex (BKC), however stood at the 15th position, while Nariman Point was ranked 30th on the top 50 rankings for global prime office properties.
Unless the black money menace is brought under control, homes will continue to remain locked and unaffordable for most Indians. Further, renting has to be made an attractive option for those owning homes.
Even as the country faces a shortage of 19 million houses, around 10.2 million completed units are lying vacant, which can be absorbed under rental housing programme for weaker sections, says property consultant CBRE.
Leasing activities in the logistics and warehousing market remained steady with large sized transactions of around 1-2.5 lakh sq ft reported in the first half of 2014
According to CBRE, central business district of Nariman Point, Fort and Cuffe Parade saw sluggish transactions during the second quarter of the year.<br />
The bonds would open a new source of capital for a commercial property sector weighed down by $22 billion of bank debt and sluggish rentals, and come on the heels of new rules allowing developers to raise money through real estate investment trusts (REITs).