Blog
December 29, 2012
TCS leases largest IT office space in Mumbai
In a dismal real estate market, Tata Consultancy Services (TCS) has signed an agreement with Neptune Developers to lease the largest IT office space in the city. TCS will take over 3.5 lakh sq ft space in Neptune Element, an […]
Blog
December 27, 2012
Real Estate Trusts may get Govt nod to Invest in Rental Property – India
The government is working on a proposal to allow real estate investment trusts (REITs) to participate in the country’s rental housing market. Housing and urban poverty alleviation minister Ajay Maken told ET that his ministry is framing a policy paper […]
Blog
December 26, 2012
Real Estate Developers' Earnings to Improve in 2013 – India
Earnings of real estate developers, who have been hit by high costs and interest rates, would improve in 2013. “Sustained growth in demand, expected to improve on interest rate cuts likely next year, will be a key determinant for the […]
Blog
December 26, 2012
5 most expensive real estate deals in 2012
1. Sajjan Jindal, Mumbai Steel magnate Sajjan Jindal had to spar a bit to get Maheshwari, a sea-facing bungalow on Nepean Sea Road. In 2011, he paid Rs 300 crore to members of the Maheshwari family for the bungalow. But […]
Blog
December 24, 2012
10 lakh new jobs expected to come up in 2013: Survey
Job seekers can look forward to a prosperous new year with more than 10 lakh new jobs expected across various sectors including FMCG and retail, says a survey. Coming against the backdrop of uncertain economic conditions, the projected number of […]
Blog
December 14, 2012
Bangalore, Most Livable City in India
The Silicon Valley of India, Bangalore has emerged as the best city to live in, according to a global survey of cities conducted by Mercer, a global HR consultancy. The city has become the most livable city due to certain […]
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