Property News from IndianRealtyNews

Property News from IndianRealtyNews

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India Moves up on Most Preferred Retail Market List

Posted: 24 May 2010 07:35 PM PDT

India has moved five places up on the list of most preferred markets for retailers due to heightened interest from international companies in emerging markets, according to a study which tracks the presence of top retailers worldwide. India moved to the 39th position in 2009 from number 44 in 2008. Nearly 22 per cent of [...]

DLF sees Revival in Commercial Leasing Sector

Posted: 24 May 2010 06:32 PM PDT

After several quarters of muted growth, DLF Ltd, the largest real estate developer in the country, sees revival in the commercial leasing sector, especially in the IT and banking space. The realtor is expecting to lease 3-4 million square feet (msf) of commercial office space in fiscal 2011, a growth of 390-520% over 0.76 msf [...]

Bombay Dyeing sells Worli building to Axis Bank for Rs 782 crore

Posted: 24 May 2010 03:38 PM PDT

In one of the largest transactions in recent times, Bombay Dyeing has sold a four lakh sq feet office building in Worli to Axis Bank for a staggering Rs 782 crore. Axis Bank plans to shift its corporate headquarters from Cuffe Parade to this eight-storeyed tower located within the Bombay Dyeing mills compound. Durgesh Mehta, [...]

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