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MD OF BHUMIKA GROUP
Indoor amusement centres expanding across India; over 500 centres operational in 83 cities: JLLIndoor amusement centres are gaining popularity in India, with over 500 facilities across 83 cities, occupying 66 lakh sq ft of retail spac...- Leisure travel may pave the road for realtors to open malls on highwaysExperts predict that an upgrade in infrastructure and an increase in leisure travel will drive growth in highway retail. Brands such as Tat...
- Malls doubling up as fulfilment centres for brandsBengaluru-based Prestige's group has already created a 20,000 sq ft space at recently opened Forum mall and plans to do it at all its upcom...
- Bhumika group to focus on developing mall in tier 2 cities, says MD Uddhav Poddar“Phase-one of our Udaipur mall is already operational, and we have already started working on the phase -2 and hopefully to launch it by Ju...
- Repo rate hike by RBI: Developers expect stabilityThe decision to raise the repo rate will lead to higher borrowing costs for developers and homebuyers, which can slow down the growth of th...
- Institutions bet big money on real estate projects in smaller cities=New Delhi-based real estate developer Omaxe recently raised ₹440 crore from Varde Partners, a global alternative investment firm, for expe...
- Bhumika group raises Rs 100 crore, in talks to raise more for Udaipur mallThe company is in talks to raise another Rs 200 crore debt to fund the construction of phase 2 of its 3.5 lakh sq. ft. retail space in Udai...
- Real estate developers line up offers for festive season“With people being confined to homes in the new normal for a long period, the demand for homes with ultra-modern amenities will undoubtedly...
- Bhumika Group leases over 1 lk sq ft at upcoming Udaipur mall in 3 monthsRajasthan-based Bhumika Group has managed to lease over 1 lakh sq ft of retail space at its mall in Udaipur after the second wave of COVID-...
- Real estate sector needs quick assistance to stay afloat: DevelopersAkshay Taneja, MD, TDI Infratech said that RBI's steps are unlikely to provide a significant lift to the market, but they are expected to p...
- Bhumika group leases 2 lakh sq ft at upcoming mall in UdaipurIn the last few months, the group has signed brands like Allen Solly, Van Huesen, Louis Philippe, Spyker and Funland.
- WFH woes: Bhumika Group MD's day begins and ends with his phoneUddhav Poddar has clocked in more screen time while working from home in the past few months.
- After Diwali boost, real estate developers expect to ride out demand for the rest of 2020“We have received an encouraging response in this Diwali festive season with over 50% increase in sales queries vis-a-vis last year. Govt i...
- Bhumika Group to invest Rs 450 crore in residential and retail projects, says MD Uddhav PoddarThe group is executing a mall in Udaipur and is in talk to do a joint development agreement with the land owner to develop villas and low r...
- Madhya Pradesh reduces stamp duty to 1% on property transactionsChief Minister Shivraj Singh Chouhan said that move is aimed to boost the real estate sector and more such initiatives will be announced in...
- Developers request other states to follow Maharashtra in reducing stamp duty“As NCR is a very important market from real estate perspective, it is imperative that Government of Delhi, Uttar Pradesh and Haryana follo...
- New leasing of office, retail spaces may take hit in short-term due to lockdownCorporates and retailers, both global and domestic, are expected to delay their decisions on fresh leasing of commercial spaces by at least...
- Regional superstars strike big endorsement deals with FMCG cosConsumer products cos from HUL to ITC & Parle Products to Wipro Consumer Care are accelerating signing endorsement deals with regional acto...
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