Dubai's Emaar posts $1.68 billion in profit in 2019
DUBAI: Dubai's premier developer Emaar Properties posted on Monday net profits of $1.68 billion for 2019, but revenue slightly dipped for...
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MindCept
Mar 31, 20201 min read
WeWork sells social network Meetup to AlleyCorp, private investors
BENGALURU: Social media platform Meetup said on Monday that shared-office operator WeWork had sold the company to a group of investors...
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MindCept
Mar 31, 20201 min read
Covid-19 hits Secunderabad cantonment board's property tax collection hard
SECUNDERABAD: The coronavirus outbreak and the 21-day lockdown has hit the property tax collection by Secunderabad Cantonment Board(SCB)....
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MindCept
Mar 30, 20202 min read
Shares of bank, real estate companies gain after RBI announcements
Interest-rate sensitive bank, realty and auto shares on Friday gained up to 12.40 per cent after the Reserve Bank of India cut benchmark...
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MindCept
Mar 30, 20201 min read
Now, pay your property tax in Gurugram by April 15
GURUGRAM In view of the lockdown, the urban local bodies department on Friday extended the due date for payments of electricity, water...
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MindCept
Mar 30, 20201 min read
Maharashtra: 1% concession on stamp duty from April 1
MUMBAI: The one per cent concession in stamp duty announced in the Maharashtra budget on March 6 will start from April 1, officials said...
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MindCept
Mar 30, 20204 min read
WeWork's new crisis: 'Workplaces will never be the same after this'
WeWorkexecutives used to obsess over the number of people they could pack into each of the company’s shared workspaces. They said a more...
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MindCept
Mar 30, 20202 min read
Coffee Day repays Rs 1,644 crore to lenders from sales proceeds of Tech Park
NEW DELHI:Coffee Day Enterprises Ltd (CDEL) has repaid Rs 1,644 crore to its 13 lenders after concluding a deal with Blackstone Group to...
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MindCept
Mar 30, 20202 min read
WeWork cuts about 250 more jobs to reduce costs: Source
BENGALURU: Shared-office operator WeWork has cut about 250 more jobs, a person familiar with the matter told Reuters, as the company...
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MindCept
Mar 27, 20202 min read
Thyssenkrupp to cut 3,000 jobs at struggling steel unit
FRANKFURT | DUESSELDORF: German conglomerate Thyssenkrupp will cut 3,000 jobs and invest 4.2 billion euros ($4.6 billion) at its...
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MindCept
Mar 27, 20202 min read
US: Mortgage REITs rebound as broader market gains on stimulus hopes
Shares in U.S. mortgage real estate investment trusts on Wednesday regained some ground lost a day earlier as investors bet that an...
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MindCept
Mar 27, 20202 min read
Commercial spaces catering to back-office operations to be least hit by virus
MUMBAI:Commercial real estate catering to back-office operations for multinationals is expected to be the least affected by the current...
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MindCept
Mar 27, 20202 min read
Covid-19 impact: Redbrick Offices in wait and watch mode
NEW DELHI: Redbrick Offices, a co-working space provider, is on wait and watch mode during the coronavirus related lockdown. Except for...
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MindCept
Mar 27, 20202 min read
WeWork has enough cash to meet coronavirus challenges
NEW YORK: Shared-office operatorWeWorktold investors on Thursday the $4.4 billion in cash and cash commitments it had at year-end 2019 is...
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MindCept
Mar 25, 20202 min read
Japan's land prices up 1.4% in 2019 but coronavirus clouds outlook
TOKYO:Japan's land prices grew for a fifth straight year in 2019, helped by foreign tourism and low interest rates with some regions...
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MindCept
Mar 25, 20202 min read
Covid-19 scare: Property registration offices in Pune & Pimpri Chinchwad to remain closed
PUNE: Property registrations at 27 offices in the city and Pimpri Chinchwad will be closed from Friday till further notice, as per an...
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MindCept
Mar 25, 20202 min read
Sebi comes out with guidelines for encumbrance on REITs, InvITs
NEW DELHI: Markets regulator Sebi on Monday put in place a framework for invocation as well as encumbrance on units of real estate and...
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MindCept
Mar 25, 20201 min read
Corona scare: Stamp duty collection dips by Rs 288 crore in Agra
AGRA: The shutdown triggered by the spread ofcoronavirushas caused the stamp and registration department in Agra district a loss of Rs...
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MindCept
Mar 25, 20201 min read
Kerala: Limit on document registrations per day
THIRUVANANTHAPURAM: Public works and registration ministerG Sudhakaranhas directed the sub-registrar offices across the state to limit...
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MindCept
Mar 25, 20202 min read
Covid-19 effect: Coworking spaces see empty aisles
BENGALURU: With many India Inc employees working from home due to theCovid-19virus pandemic, operators of co-working spaces -- which...
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