Embassy Office Parks to go ahead with dividend payout
BENGALURU: Embassy Office Parks Management Services will go ahead with its plan to distribute dividend to its shareholders despite...
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MindCept
Apr 8, 20201 min read
DLF not to sack any employee, to give hike to select staff
NEW DELHI: Realty major DLF on Tuesday said it will not sack any employee and rather give annual increments to staff up to certain grade,...
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MindCept
Apr 8, 20203 min read
China's big developers shrug off short-term virus impact to splurge on land
HONG KONG:China's top developers are prising open their war chests to snap up land this year as local governments sell more prime real...
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MindCept
Apr 8, 20202 min read
Bengaluru civic body falls short of property tax target by 30%
BENGALURU: Bruhat Bengaluru Mahanagara Palike(BBMP) has fallen short of its property tax collection during 2019-20 by 30%, racking up...
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MindCept
Apr 8, 20201 min read
Dubai's Emaar sells 80% stake in cooling system for $675 million
DUBAI: Dubai's state-backed developer Emaar said on Monday it sold an 80% share of its district cooling project around the Burj Khalifa,...
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MindCept
Apr 8, 20202 min read
Covid-19 lockdown: Tata Starbucks seeks rent waiver for three months
MUMBAI:Tata Starbucks India, the joint venture between India’s largest conglomerate and the world’s biggest coffee chain, has written to...
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MindCept
Apr 8, 20201 min read
Dubai's Emaar suspends construction projects due to virus
DUBAI:Emaar Properties, the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources...
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MindCept
Apr 8, 20202 min read
Covid Impact: Maharashtra stamp duty collections plummet 40%
MUMBAI: In another casualty of the COVID-19 national lockdown, stamp duty collections in Maharashtra plummeted over 40 percent in a...
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MindCept
Apr 7, 20205 min read
Covid-19 impact: Co-working companies catering to startups may fade
NEW DELHI: Co-working concept, which started with much fanfare and gained momentum in India since 2014, seems to be on the verge of...
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MindCept
Apr 7, 20202 min read
WeWork sues Japan's SoftBank for backing out of deal
WASHINGTON: Office-sharing giant WeWork on Tuesday sued SoftBank claiming the Japan-based technology investment group breached its...
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MindCept
Apr 6, 20202 min read
Multiplex Association seeks waiver of rent
NEW DELHI: Cinema halls and multiplex operators have asked the landlords and developers of the malls to completely waive the rent and...
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MindCept
Apr 6, 20201 min read
Hiranandani, Aparna Constructions donate Rs 5 crore each to fight Covid-19
NEW DELHI: Mumbai-based Hiranandani Group has donated Rs 5 crore to Maharashtra Chief Minister's Relief Fund (CMRF) to tackle the...
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MindCept
Apr 6, 20202 min read
Mutual funds investment in REITs, InvITs climbs 58% to Rs 980 crore in Jan
NEW DELHI: Emerging investment instruments, REITs and InvITs, seem to be gaining pace, with mutual funds investing a whopping Rs 980...
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MindCept
Apr 6, 20202 min read
Real estate may see high revenue disruption: CRISIL
NEW DELHI: Demand and realisations are expected to be low in real estate sector in 2020, according to a recent report by Crisil Ratings,...
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MindCept
Apr 6, 20202 min read
PE exits worth $2.5 billion caught in IPO quarantine
About $2.5 billion worth of private equity exits — some involving Blackstone, the world’s largest alternate asset manager, blue-blooded...
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MindCept
Apr 6, 20203 min read
Coronavirus halts recovery in Brazil real estate market, dashes IPO plans
SAO PAULO: Just weeks ago, cement mixers, cranes, bulldozers and workers swarming around at least four different high-end residential and...
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MindCept
Apr 6, 20204 min read
Morocco's '$65-million' real-estate swindle
CASABLANCA: "Give us our money!", demands a group of home buyers, standing on land that should by now be finished condos -- one of many...
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MindCept
Apr 6, 20202 min read
Pune civic body's property tax income on first day of new fiscal plummets
PUNE: The revenue generation of the civic body’s property tax department on the first day of this fiscal dropped compared to its average...
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MindCept
Apr 6, 20201 min read
Pimpri Chinchwad civic body collects Rs 198 crore property tax via online mode
PIMPRI CHINCWAD: The property tax department ofPimpri Chinchwad Municipal Corporation(PCMC) collected Rs 198 crore tax through the online...
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MindCept
Apr 6, 20202 min read
Manhattan office leases slump in March as coronavirus grips city
NEW YORK: Office leasing activity in Manhattan fell almost by half in March from the prior month as the coronavirus outbreak halted...
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