Polycab India buys office space for ₹202 crore in Dadar, Mumbai
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Tag Archives: Commercial Sales
DCB Bank buys office space for ₹37.11 crore in Mumbai’s Lower Parel
For more detailed coverage and analysis, you can read related articles on the following websites. Moneycontrol Economic Times
Avenue Supermarts buys retail space for ₹88 crores in Bengaluru
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Golflinks Software Park buys office space in Embassy Golflinks in Bengaluru for ₹341 crore
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Hitech CyberSpazio buys two office buildings in Hyderabad for ₹247.5 crore
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Indian Express buys 15,000-sq ft office space in South Mumbai for Rs 34 cr
In a rare sale deal in South Mumbai’s prime business district of Nariman Point, The Indian Express media group has bought 15,645 sq ft of space in the Mafatlal Centre building for Rs 34 crore or Rs 21,732 a sq ft from Japanese company Mitsui & Co, according to registered documents. The deal includes four… Read More »
Propstack Insights: Mumbai Office Sales Dip Post Demonetization
Mumbai office sale registrations contracted on a quarterly basis since the beginning of 2016 to the lowest in the last quarter. The registrations dipped to nearly 1/3rd of the Q1 levels in Q4 – the quarter of demonetization. Both no. of registrations and transaction volume dipped by 55-60% in Year-on-Year (Y-o-Y) comparisons for Q4 ’16. Even… Read More »
Godrej to sell commercial assets in 6 month; add new projects
Realty firm Godrej Properties Ltd expects to monetise commercial properties worth about Rs 1,500 crore at Mumbai, Kolkata and Chandigarh over the next six months and reduce net debt, which now stands at Rs 3,278 crore. In September 2015, Godrej Properties had sold 4.35 lakh sq ft of office space at Bandra-Kurla Complex (BKC) in Mumbai… Read More »
RMZ to buy remaining 50% stake in Essar Group’s Equinox Business Park in Mumbai
In one of the largest real estate transactions of this year, RMZ will acquire the remaining 50 per cent stake in Essar Group’s commercial project Equinox Business Park in Bandra-Kurka Complex, Mumbai, by the end of this year. The company will pay Rs 2,400 crore for the complete buyout, which will be funded by Qatar… Read More »
Commercial realty sales rose 9% in 2016
If demonetisation severely impacted the residential real estate segment in 2016 with sales dropping by 9% from 2015, the commercial real estate segment, backed by demand for office space, saw sales climbing 9% in 2016 over the previous year, according to real estate consulting firm. In a report, the property consultant said the year witnessed… Read More »