Tag: Business Districts

Commercial properties are waiting for takers

January 8, 2009 – 5:21 am

The slow down in the global economy has led to huge vacant office spaces. According to reports, empty offices in New York City, Chicago and Los Angeles have already exceeded 10%. And Mumbai, too, is following a similar path. “It’s the same story here, and it has to do with the global meltdown,’’ said a […]

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Domestic Hospitality Under Transformation

July 21, 2008 – 5:09 am

The domestic hospitality industry is undergoing rapid transformation, with several hotel groups investing in new properties across India and the globe. Additionally, real estate players are entering the industry through management contracts with established hotel chains. This expansion in the hospitality business is taking place on account of the massive growth that India is likely […]

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Sabarmati Project Is Coming Next Year

July 2, 2008 – 4:42 am

Real estate development at the eight hundred crore rupees Sabarmati River Front project is all set to begin by the end of this fiscal year. About 22% of the total 168 hectares of land reclaimed as part of this key landmark project will be open for developments in both commercial and residential segments. About 22% […]

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