Incuspaze launches 50,000 sq ft co-working space in Vadodara, Real Estate News, ET RealEstate

NEW DELHI: Incuspaze, a managed office space provider, in association with the Alembic Group has launched 50,000 sq ft co-working space in Vadodara, the company said in a media release. The center has 1000-seat capacity, which will be rolled out in two phases. In the first phase, the company will go live with 500 seats […]

IQI India to acquire commercial and retail assets, to invest Rs 100 crore, Real Estate News, ET RealEstate

NEW DELHI: Malaysia-headquartered IQI, an real estate agency and advisory firm, has launched operations in India with plans to invest Rs 100 crore to acquire grade A commercial and retail assets in the country, a senior official said. Besides facilitating real estate transactions, the company is looking to acquire fresh land to construct residential and […]

Buyers protest outside Mahagun Group’s office over delay in flat delivery, Real Estate News, ET RealEstate

NOIDA: Peeved over the alleged delay in delivery of their flats, scores of homebuyers, including women, held a protest outside a private builder’s office here on Saturday. The aggrieved homebuyers of Mahagun Mywoods in Noida Extension (also called Greater Noida West) gathered outside the head office of Mahagun Group in Sector 63 here, carrying placards […]

NCR has about six years of unsold residential inventory, Real Estate News, ET RealEstate

NEW DELHI: Builders in the National Capital Region (NCR) are finding it difficult to sell-off their properties. The “age of unsold inventory”, the number of quarters for which the unsold inventory of a market or micro-market has existed there, is 23.5 quarters in NCR, according to a recent report by Knight Frank India. It is […]

Delhi Development Authority’s website sees 10 lakh hits over housing scheme, Real Estate News, ET RealEstate

File photo NEW DELHI: Delhi Development Authority‘s website saw nearly 10 lakh hits after the launch of its housing scheme on Saturday. Housing Scheme 2021 was launched by DDA‘s vice-chairman Anurag Jain. Applications for the scheme will be received till February 16, with the draw of lots expected by the first week of March. The […]

DDA’s new housing scheme 2021 launched, application deadline Feb 16, Real Estate News, ET RealEstate

A new housing scheme of the Delhi Development Authority, with 1,355 flats on offer, was launched on Saturday, officials said. The scheme is completely online through DDA‘s newly developed AWAAS software, from processing of application to possession of flats, a senior official said. The scheme was virtually launched by DDA Vice Chairman Anurag Jain. Over […]

DDA’s new housing scheme 2021 to be launched on January 2, Real Estate News, ET RealEstate

NEW DELHI: The new housing scheme of the DDA, with nearly 1,350 flats on offer, is scheduled to be launched on January 2, officials said. Under the scheme, everything from processing of applications to possession of flats will be done through the newly developed AWAAS software of the Delhi Development Authority (DDA), a senior official […]

DDA to sell 215 HIG flats at Rs 2 crore each, its costliest ever, Real Estate News, ET RealEstate

NEW DELHI: Delhi Development Authority (DDA) is all set to launch its Housing Scheme 2021 on Saturday and on offer are total 1,354 flats of different categories. These also include the costliest flats DDA has ever sold—Rs 2.1 crore for a three-bedroom Higher Income Group (HIG) flat in Jasola. The authority said that the housing […]

MYRE capital acquires 46,000 sq ft at Pune at Rs 50 crore, Real Estate News, ET RealEstate

MYRE capital, a venture by architect firm Morphogenesis, has acquired 46,000 sq ft of grade A+ commercial assets at Pune’s Magarpatta for Rs 50 crore. The rent yielding asset will be offered to investors on its platform as the company looks to acquire more assets in Mumbai, Pune, Bengaluru and Delhi-NCR to offer them for […]

JLL India, Real Estate News, ET RealEstate

NEW DELHI: In 2020, the net absorption of office spaces in top seven cities dipped by 44% when compared to 2019, according to JLL India. In 2019 the net absorption crossed 46 million sq ft while in 2020 it has reached about 25.82 million sq ft. In the Jan-March 2020 quarter the net absorption was […]

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