The company recently raised $10.2 million from Singapore-based marketing technology company FreakOut. With this fourth multi-million dollar round, the co-working office provider has raised $33 million.
Several investors alleged that the developers failed to deliver all promises made by them, including possession of flats before the deadline, high construction quality and a good layout plan even after receiving 90% of the payment.
Housing societies will be taking up over 70 different initiatives and will showcase them at the Housing Society Management Show (HSMS-2018) slated between December 14 and 16 at Nehru Centre, Worli, said association chairperson Ramesh Prabhu.
Also, if a tenant has transferred the pagdi system flat in the name of another person after completing the required legal formalities, the new occupant will have equal rights and will be eligible to get accommodation after redevelopment.
The central government needs to contribute Rs 1.5 lakh crore in seven fiscals through 2022, at an average Rs 1.5 lakh per house. However, only 22% of this, or Rs 32,500 crore, has been disbursed so far, CRISIL said in release.
The facility is scheduled to be operational from December 2018. With more than 60 percent of the space having been pre-booked by leading enterprises including Deluxe with 1200 seats, Altron with 220 seats and Playgames 24X7 with 450 seats.
The first phase of the project which will have 5 stations - starting from Noida sector 71 and go on to sector 122, sector 123, sector 4 to Greater Noida west at Ecotech 12 and culminate in Greater Noida sector 2 - will kick-off soon, sometime in 2019.
In 2019, these top seven markets of Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata together are forecast to record an all-time high net absorption of over 37 million sq ft, the level achieved in 2011, said a JLL India report.
Office rental values increased 9.4-32% from a year earlier in the micro-markets of Bengaluru, Kolkata, Pune and Chennai in the third quarter of 2018, placing them in the top 10, as per Colliers International.
The appointment, effective December 6, will see Kapoor spearhead new real estate business opportunities for the company, which will include exploring new domains and categories, and other strategic initiatives, according to an official statement.
The committee has directed authorities to come up with a plan for preventing pollution from these sources and for proper disposal of faecal sludge and other wastes, according to an action plan for rejuvenation of the Yamuna river, prepared by the body.
The report also highlighted the limited availability of space in operational well-performing malls coupled with an upward pressure on real estate costs in these centers, as a concern for brands looking to enter the Indian market.
Hosur Road, comprising Begur, Kudlu Gate, Singasandra and Electronic City, is drawing attention because of the upcoming Metro rail line, which will improve connectivity to the central business district (CBD).
The company’s consolidated net profit for the half year ended in September rose 45% to Rs 121.8 crore, up 45% from a year ago. Revenue for the first half of the financial year rose 7% to Rs 817.9 crore.
The auction had to be put off twice as it got less than the required number of bids for the five-star property to go under the hammer, New Delhi MP and NDMC member Meenakshi Lekhi told reporters in New Delhi