Posts Tagged ‘Bangalore’

AIG private equity buys out Bangalore-based RMZ’s stake in Hyderabad project

BANGALORE: New York-based private equity fund AIG Global Real Estate has bought out Bangalore-based developer RMZ Corp’s 50% stake in their stalled joint venture mall project in Hyderabad, a person with knowledge of the development said. “R…

Weak IT- Demand Lowers Office Space Absorption In Bangalore

Bangalore, most important IT- Hub in India, sees lower office space absorption due to the decreased demand from the IT and ITeS sectors. Office space absorption in Bangalore is directly related to the performance of IT and ITeS sectors. When these sectors’ demand is better the office space absorption in the city is also better. [...]

Office Space Absorption Lowered: Bangalore Market Affected

Compared to the previous year, in 2012, office space absorption fell sharply in Bangalore. The decreased demand from the IT and ITeS sector is pointed as the main reason for this lowered office space absorption. Office space absorption in Bangalore is always dependent on the IT and ITeS sectors. Whenever there is a higher demand [...]

MTNL ropes in DTZ, Feedback Infrastructure to monetise property

MUMBAI/BANGALORE: State-run telecom company MTNL has mandated property consultant DTZ and Feedback Infrastructure Services to help it monetise its 0.78 million sq ft of built-up office space, and land parcels in Mumbai and Delhi, persons familiar with …

MTNL ropes in DTZ, Feedback Infrastructure to monetise property

MUMBAI/BANGALORE: State-run telecom company MTNL has mandated property consultant DTZ and Feedback Infrastructure Services to help it monetise its 0.78 million sq ft of built-up office space, and land parcels in Mumbai and Delhi, persons familiar with …

Resident welfare associations skeptical about ward committees

BANGALORE: “If you want to be the member of ward committees in your ward, put pressure on your corporator, deputy mayor, mayor!” This was what BBMP’s special commissioner K R Niranjan told resident welfare associations (RWAs) on Wedne…

BDA asked to file fresh affidavit in allotment of “G”cat sites

Bangalore: The Karnataka High Court today directed the Bangalore Development Authority (BDA) to file a fresh affidavit regarding the infrastructure provided for the functioning of the three-member committee to examine the allotment of 316 “G&#822…

ORR Bangalore Termed Most Fertile Commercial Area

Outer Ring Road (ORR Bangalore) gives better odds to real estate market Bangalore. A Jones Lang LaSalle India report said that Outer ring road is one of the best performing commercial areas of the city. According to the latest report of JLL, ORR Bangalore is the best performing commercial area. JLL report also highlighted the [...]

WWICS offers 25 acre farm houses at 1 cr

Chandigarh: Chandigarh based immigration company, World Wide Immigration and Consultancy Service (WWICS) today offered 25 acre farm houses each at Rs one crore situated near Bangalore. Lt Col B.S. Sandhu, Chairman and Managing Director unveiling the la…

Smart Value Homes enters Bangalore by launching new project

Mumbai: Smart Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, today said it has launched an affordable housing project in Bangalore, marking its entry into the city. Smart Value Homes is developing affordable homes under two…