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OFFICE SPACE LESSEES
NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore dealNABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused instituti...- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- Of 75,629 acres of defence land, 2,024 acres encroached upon by individuals: Centre to SCThe Centre informed the Supreme Court about encroachments on defence land, with 2,024 acres occupied by individuals and 1,575 acres by form...
- Cluster-based development to anchor Dharavi Redevelopment master planThe Dharavi Redevelopment Project, a massive undertaking across 600 acres, aims to transform the area into organized neighborhoods with int...
- Infosys BPM leases 130,000 sq ft office space in Pune's HinjewadiInfosys BPM has leased 130,000 sq ft of office space in Pune's Hinjewadi at Embassy Tech Zone for 36 months, with monthly rentals set at Rs...
- IBM signs ₹143 crore lease for 830,000 sq ft at Embassy REIT propertyIBM has renewed a major lease for 830,000 square feet at Embassy Golf Links Business Park in Bengaluru, with an annual rental of ₹143 crore...
- Barclays Bank, K Raheja Corp ink Rs 306-cr lease deal for office in Mumbai’s WorliBarclays Bank Plc has secured a sea-view front office space in Mumbai's Worli locality for over 10 years, paying a lease of nearly Rs 306 c...
- Bullet train body to rent out 580k sq ft at transit hubSabarmati HSR being the terminal station of the Mumbai-Ahmedabad High Speed Rail Corridor, NHSRCL has planned to develop it as a multimodal...
- HDFC Bank, Yes Bank, IndiGo top lessees of NCR offices in March quarterHDFC Bank has leased 217,264 square feet of office space in Noida for 18 years, including a rent-free period of seven months, as per lease ...
- When is 18% GST applicable for renting of residential properties?To keep things simple, the liability to deposit GST has fallen on the tenant. The landlord is neither required to obtain any registration u...
- RLDA to lease multiple land parcels in Chennai, expects Rs 130 croreTwo of the land parcels of 2.5 acres each and one land parcel of 3.6 acre are in the Ayanavaram Railway Colony, situated along Konnur High ...
- RLDA invites online bids for land parcel in Maharashtra’s AmravatiThis land parcel is located in the vicinity of the Amravati railway station in a commercial hub comprising Irwin Square to Malviya Chowk, r...
- Commercial realty to be stable in FY22; under-construction projects may face stressUpcoming providers of office space, however, are likely to struggle as office offtake may be under pressure due to the continued prevalence...
- Under construction commercial real estate projects likely to face stress"Ind-Ra expects double-digit growth in India’s GDP in FY22, albeit on a low base. This is likely to result in a sharp yoy upswing in rent c...
- How freelancers, corporates, startups can benefit from shared workspacesShared workspaces or co-working spaces, a concept popular in the West, has taken root in India in sync with the rapid growth of startups.
- YES Bank, Indiabulls Real Estate ink lease rental agreement at a huge discountYES Bank, through a lease agreement, has recently picked up the top six floors at one of the three buildings at Indiabulls Real Estate's co...
- Mafatlal's Byculla plot goes for 750 crA seven-acre plot of Mafatlal Industries next to the Byculla zoo was sold for Rs 750 crore a few weeks ago, said a real estate source.
- Query Corner: Real EstateDhiraj Jain, Partner-Real Estate, SN Gupta & Company, guides you in matters relating to real estate.
- Union Budget 2010: Commercial rentals to jump 10% with service taxRentals of commercial properties are expected to rise by 10 per cent after the Budget proposed to bring all lease agreement of shopping com...
- Rent tax: Exemption for revenue-sharingRetailers may not have to absorb the new service tax on rentals of properties let out for commercial use.
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