Commercial news Archive

Realty firm Puravankara Ltd has sold a 19-acre land parcel in Hyderabad for Rs. 475 crore to pharmaceuticals company Hetero group as part of its strategy to monetise assets and cut debt. Bengaluru-based real estate …

BENGALURU: Thanisandra in the north and Panathur-Varthur in the eastern part of Bengaluru will deliver the highest returns on residential property investments over the next five years helped by their proximity to major employment hubs, …

State-owned SBI and realtors’ body CREDAI have signed an agreement to provide loans at a concessional rate to builders as well as customers for affordable housing projects. SBI and CREDAI have signed a memorandum of …

Within two months of moving out as India chairman and country head of JLL India, Anuj Puri has acquired the firm’s India residential brokerage arm. Puri, who left the firm on February 28, will now …

Dubai: The value of UAE projects awarded rose by a solid 42.6 per cent quarter on quarter in the first quarter of 2017, with both Dubai and Abu Dhabi seeing significant increase. The value of …

Mumbai: Housing Development Finance Corp. Ltd (HDFC) is in talks with online classifieds company Quikr India Pvt. Ltd to sell its brokerage business HDFC Realty and its digital business HDFC Red in an-all stock deal, …

Developing alternate roads to Kempe­g­o­w­­da International Airport (KIA) is one budget proposal that might bring some cheer to passengers hit by the heavy toll on the existing road. However, it is still early days. The …

Bengaluru’s largest lake, Bellandur, has not stopped frothing in more than two decades; the thick layer of white foam is a constant. Occasionally, like on this weekend, the foam shoots into the air, carried either …