NEO Developers

CPPIB, Tata Realty Ink Z5,36 er JV to Develop Offices in India

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 […]

Retailer Overcome Slow Start to Grow in Double Digits in Q4

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 […]

Dwarka expressway stretch in Gurugram may open in December

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 […]

Delhi Development Authority masterplan approval enters final leg

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, […]

Retailers Rush to Open More Stores after 2-year Covid Lull

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 […]

Office Vacancies Stay Stable as Cos Start Bringing Staff Back

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 […]

Dwarka’s 18-hole golf course will be country’s longest; eyeing Dec finish

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 […]

Affordable segment’s share in housing sales falls to 43% in 2021

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 […]

Changing Lifestyle, Increasing Realty in Tier 2 & 3 Cities

Real estate consumer behaviour is changing in the time of the pandemic. There is a demand for an evolved lifestyle in tier 2 and 3 cities. This demand includes better housing opportunities. There is a surge in the demand for better and spacious residential properties in these cities. Since the pandemic, there are many factors […]

Dwarka Expressway: Transforming Gurgaon & NCR’s real estate landscape

Dwarka Expressway is a hot property destination for property purchasers and investors because of its strategic location, excellent connectivity, and excellent physical and social infrastructure. Source : FE / March 2022 / https://www.financialexpress.com/money/dwarka-expressway-transforming-gurgaon-ncrs-real-estate-landscape/2457184/lite/ Gurgaon and the real estate industry in Delhi-NCR are about to undergo a profound transformation with the completion of Dwarka Expressway on […]

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