Suraksha group on June 23 received the nod from financial creditors and homebuyers to takeover the embattled real estate firm Jaypee Infratech Ltd (JIL). As many as 98.66% of lenders voted in favour of the Suraksha Group’s bid. The NBCC bid received 98.54% votes from the committee of creditors, sources […]
HOW Will COVID-19 First & Second Wave Pan Out For Commercial Real Estate
The second wave of COVID-19 came in as a rude shock. While there was a relative improvement in sentiments in October and November 2020, the pandemic reversed all the gains. Many offices which had been promoting work-from-home, especially the larger IT/ITES/BFSI companies, had started to believe that they would be […]
Will Real Estate Developers Come Up With Housing Projects Post Second Wave COVID-19 Second Wave?
With the second wave of COVID-19 abating, will real estate developers who adopted a cautious approach and deferred launches since the outbreak have the confidence to announce new projects in the second half of the year? Real estate experts said builders may not have a choice because they have been […]
Fractional Ownership In Commercial Real Estate Is Tempting But REITS A Safer Option
Glitzy skyscrapers, plush office spaces and large warehouses are no longer the sole domain of private equity biggies and ultra HNIs (high net-worth individuals). Now, those with a minimum of Rs 25 lakh can now own a slice of ‘Grade-A’ commercial real estate in large cities and industrial hubs that include IT (information technology) […]
5 Important Benefits of 3D Printing in the Construction Industry
Also known as additive manufacturing, 3D printing offers many advantages in design, time, and cost that have proved to be a game-changer in the construction industry. Read on to find out some of the important benefits that 3D printing has ushered in the construction sector. Less Injury This is one […]
No Relief For Commercial Real Estate As Pandemic Stretches To FY2022: ICRA
The commercial real estate sector will continue to face significant pressure in the near term owing to the continuing impact of the COVID-19 pandemic on both the office and retail leasing segments. The evolving work practices in response to the pandemic may create a temporary deferment of leasing decisions or […]