Overall, Grade A absorption totalled 9.6 million square feet, making it 28.26 million sq ft so far in 2016
Interview of MD, APG Asia-Pacific, Sachin Doshi
But markets like Mumbai and Delhi to remain stable
Helping developers raise over $3 bn via stake sales and REITs
Shapoorji Pallonji group scion Cyrus Mistry was ousted as chairman of Tata Group on Monday
Malls are also seeing good growth in footfalls and consumption
Real estate developers and investors feel that the price quoted is too high
Developers take a low cost loan from the fund at 12-14% rate. The fund also takes a certain number of apartments as equity kicker
Inching closer to become No 2 mall owner in the country
New law could pose challenges of cost escalation, increased paperwork, fear developers
Younger brother Surendra wants to re-invest his share in real estate and education
Move aimed at faster profitability and cost reduction
APG Asset in final leg of discussion to buy stake in Xander's three malls, as further evidence of global invetor interest in Indian realty
Swedish company's restaurants, which come as a package with Ikea stores globally, are known for their meat balls
4 mn sq ft of office & retail space sold for $1 bn
Sources said the merger between Cushman & Wakefield and DTZ was also responsible for the churn
As office rentals firm up, investors see this as an opportunity to pick assets and scale up their portfolio
Says also in talks with taxi firms for tie-ups
Embassy will pay about Rs 230 crore or Rs 23 crore per acre and pay rest as broker charges, registration charges etc
The chain has managed to keep online and offline challengers at bay, staying in the black even as other big groups have faltered