Co-working player EFC Ltd to add 35,000 seats by March
A coworking participant listed on the market, EFC Ltd, plans to increase the number of seats it has from 25,000 to 60,000 by March 2024.…
Govt to launch interest subvention scheme for home loans soon
The government is currently finalizing specifics of its scheme to subvention interest and is expected to launch it in the near future, housing, and Urban…
Had to be sensitive to ‘heritage value’ of Mayo College buildings, architects recall 10 years after restoration
As they look back, the architects have both said they were constantly conscious of how delicately the project's heritage had to be managed. One of…
New home bookings sees annual lull as buyers stay away on account of Pitru Paksha
As the real property market in India is preparing for the holiday season that includes festive deals, many home buyers make no acquisitions in this Pitru…
Demand for bigger houses grows despite high interest rates
The market for housing has been robust throughout the first third quarter of 2023. Surprisingly, this has happened in spite of a dramatic rise in…
Brigade Group to develop 7.5 msf of residential space, invest Rs 2,700 crore
Bullish on north BengaluruShankar Shankar said that Bengaluru contributes 33 msf out of the land bank of 47 million msf. Following Bengaluru, Chennai is the second-largest market…
What if homebuyers disappear after making partial payment to a builder?
There have been a number of instances that have seen real estate companies fleeing after abandoning their plans. Recently, reports of absconding homebuyers have been…
Office leasing in nine cities rises 33% in July-September
The number of offices that were leased in 9 cities grew by 33 percent during the July-September quarter compared to the same period a year…
After guidance value increase, property prices in Bengaluru jump by 10-20%
Costs of housing in Bengaluru have increased by between 10 and 20 percent, and the suburbs are experiencing the highest increase following the rise in…
Office lease market sees 26.9% QoQ growth in Q3 2023, highest among top 8 cities
The office market saw the most active leasing activity in the major metros in Q3 of 2023 with 3.5 million square feet of gross leasing…