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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...

MindCept
Apr 8, 20202 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,...

MindCept
Apr 8, 20201 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...

MindCept
Apr 8, 20203 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...

MindCept
Apr 8, 20202 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,...

MindCept
Apr 8, 20201 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...

MindCept
Apr 8, 20202 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...

MindCept
Apr 8, 20201 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...

MindCept
Apr 8, 20202 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...

MindCept
Apr 7, 20205 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...

MindCept
Apr 7, 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...

MindCept
Apr 6, 20202 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...

MindCept
Apr 6, 20201 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...

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,...

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...

MindCept
Apr 6, 20202 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...

MindCept
Apr 6, 20203 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...

MindCept
Apr 6, 20204 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...

MindCept
Apr 6, 20202 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...

MindCept
Apr 6, 20201 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...

MindCept
Apr 6, 20202 min read
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