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India's office market register a rise of 9% on a y-o-y basis Bangalore: The commercial real estate market in India grew by 9 per cent year-on-year to an annual absorption of 43 million square feet (sq ft) in 2016, according to CBRE India Office Market View Report, Q4 2016....

Economic Times January 11, 2017

WeWork plans to open 10 centres by year-end Mumbai: WeWork, a US-based co-working space provider, plans to lease around 1 million square feet (sq ft) of office space for setting up 10 centres across Mumbai, Bengaluru and the National Capital Region (NCR), and add around 15,000 members to its i...

Business Standard January 11, 2017

Construction, real estate projects spike in December quarter, despite note ban New Delhi: The construction and real estate sector outperformed other sectors in quarter ending December 2016, in spite of demonetisation effect, with Rs 8,986 crore (US$ 1.32 billion) worth of new projects announced, which is more than double of the...

Livemint January 10, 2017

New York Life Insurance re-enter Max Group, picks up 22.5 per cent stake in Max Ventures for Rs 121 crore New Delhi: New York Life Insurance Company, the largest life insurance company in the US, has invested Rs 121 crore (US$ 17.75 million) in Max Ventures and Industries Ltd for a 22.52 per cent stake, which will be used by Max for investing in new focu...

Economic Times January 10, 2017

Samsung India to lease 1lakh sqft space at Oberoi Realty’s Commerz building Mumbai: Samsung India Electronics Ltd has signed a deal to lease 100,000 square feet (sqft) of space at Oberoi Realty Ltd’s commercial property Commerz II in Goregaon suburb of Mumbai, for setting up its new corporate office....

Livemint January 03, 2017
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