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Source : ETT / https://economictimes.indiatimes.com/industry/services/property-/-cstruction/malls-plan-rent-hikes-hearing-cash-counters-ring-at-stores/articleshow/90830408 Landlords across malls and high streets are increasing rentals by 15-25 % after a two-year hiatus when retailers either got significant discounts or converted minimum guarantee agreements into re-Normalcy Returns Select citywalk (Delhi) Some operators asking for a 5% rise a year instead of a combined 15% after 3 years […]

With Covid restrictions lifted, another chapter begins for agencies as they return from online to offline. Mukta Lad takes a look at what the advertising workplace looks like after over two years of largely working from home. Source : https://brandequity.economictimes.indiatimes.com/news/advertising/what-being-back-at-office-means-for-creative-work-at-ad-agencies/90805100 ‘‘People are more productive working from home than one would have expected,” said Meta (then […]

Source : ETT / https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/cppib-tata-realty-ink-rs-5300-crore-jv-to-develop-offices-in-india/articleshow/90807770 The JV platform will target both stabilised and development assets The Canada Pension Plan Investment Board (CPPIB) and Tata Realty and Infrastructure (TRIL) have entered into a joint venture to develop and own commercial office space across India. The joint investment plat-form will target stabilized and development assets, aiming to […]

Source : ETT / https://economictimes.indiatimes.com/industry/services/retail/retailers-overcome-slow-start-to-grow-in-double-digits-in-q4/articleshow/90807886 Listed retallers across apparel, litestyle products, restaurants, and supermarkets are reporting double-digit revenue growth year-on-year for the March quarter despite a slow start due to the Omicron wave, with reopening of offices and schools, and wedings driving demand. While their revenues in the quarter could still be lower than the […]

Source : https://realty.economictimes.indiatimes.com/news/infrastructure/dwarka-expressway-stretch-in-gurugram-may-open-in-december/90770770 The 18.9 km-long stretch of the Dwarka Expressway in Gurugram from Kherki Daula to Bajghera is likely to be opened to commuters by the end of the year, with officials from the National Highways Authority of India(NHAI) revealing on Sunday that December 2022 is the latest dead line for the Gurugram portion […]

Source : TOI / https://timesofindia.indiatimes.com/city/delhi/delhi-development-authority-masterplan-approval-enters-final-leg/articleshow/90790310 With the consultative process of drafting the Masterplan for Delhi (MPD) 2041 now complete, the Delhi Development Authority (DDA) will soon place the document in its board meeting for approval, before sending it to the Centre for its go-ahead and gazette notification. The DDA advisory council, headed by lieutenant governor, […]

Source : ETT / https://economictimes.indiatimes.com/industry/services/retail/retailers-rush-to-open-more-stores-after-2-year-covid-lull/articleshow/90766982 25% jump likely in new store openings even as share of ecomm to total sales doubled every quater since beginning of Covid Leasing across high streets and malls in India is expected to soar past the pre-Covid levels this year, according to real estate investment firm CBRE, which said the […]

Source : ETT / https://economictimes.indiatimes.com/news/company/corporate-trends/office-vacancies-stay-stable-as-companies-start-bringing-staff-back/articleshow/90766984 BACK TO BUSINESS Vacancies across the top metros at 18.5% in Q1 with cos reviving expansion plansBengaluru: Vacancies in grade A office space markets across the top six cities remained stable for the first time after two years of constant increase in the first quarter ended March at 18.5% with […]

Source : TOI / TNN / April, 2022 / https://timesofindia.indiatimes.com/city/delhi/dwarkas-18-hole-golf-course-will-be-countrys-longest-eyeing-dec-finish/articleshow/90693449 NEW DELHI: It will not only be Delhi’s latest 18-hole golf course, but the upcoming facility in Dwarka sub-city is alsotouted to be the longest in the country with a length of 7,366 yards. The golf course is being developed by DelhiDevelopment Authority and will […]

Source : BS | March, 2022 | IST | https://www.business-standard.com/article/economy-policy/affordable-segment-s-share-in-housing-sales-falls-to-43-in-2021-report-122031800283_1 The contribution of affordable housing, priced up to Rs 45 lakh, in total housing sales during 2021 declined to 43 per cent from 48 per cent in the previous year. The contribution of affordable housing, priced up to Rs 45 lakh, in total housing sales […]