“In sync with market requirements, market realities, the buyers are okay to pay that kind of price rise and in such times that price rise does not go haywire, stay closer to double digits, etc, we are in safe zone,” says Gulam Zia, Knight Frank India. Is that a trend that you are observing as…
READ MORETo acknowledge the exceptional contributions of Micro, Small, and Medium Enterprises (MSMEs), The Economic Times is delighted to announce the launch of its annual MSME Awards. These awards aim to recognize and celebrate the achievements, innovation, and resilience demonstrated by MSMEs across various sectors. With the objective of fostering a thriving entrepreneurial ecosystem, ET invites…
READ MOREGross leasing of office space is estimated to have risen 8 per cent annually during the April-June quarter across six major cities on better demand especially in Mumbai, according to Colliers. Gross leasing of office space is estimated at 15.8 million (158 lakh) square feet during April-June as against 14.6 million square feet in the…
READ MOREMumbai: Investors in India’s commercial real estate market are increasingly preferring single-owned and managed properties over strata-owned ones as they offer higher returns, operational efficiency, and greater attractiveness, according to experts.The rental yields for commercial assets across key property markets have been a major indicator that clearly shows that single-owned commercial properties are outperforming their…
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READ MOREFintech businesses are currently required to consistently re-strategise to address the fast-changing demands of consumers. At the same time, these businesses should also ensure that payment experiences remain secure, convenient and seamless for customers, says Chandni Nihalani, Director, PayPal India. Technological advancements such as the Open Network for Digital Commerce (ONDC) not only provide enterprises…
READ MOREAsia Pacific-focused real estate services and investment major ESR Group has acquired additional 27 acres of land to expand its industrial and logistics park in Chennai’s Oragadam. With this acquisition, the expanded area of ESR Oragadam Industrial & Logistics Park will now span 107 acres with a development potential of 2.5 million sq ft.The Hong…
READ MOREThe tier I residential real estate inventory stock of the top eight cities across India remains at comfortable level compared to historical levels and the quarter-to-sales ratio is at moderate levels of 11 compared to the past six years’ high of 13 in 2018-19, said India Ratings & Research (Ind-Ra).The ratings agency, based on the…
READ MOREGlobal property consultant Cushman & Wakefield on Wednesday announced the launch of an integrated advisory platform to help multi-national companies set up Global Capability Centres (GCCs) in India, Philippines and some other countries. At present, there are around 1,600 GCCs operational in India and the number is expected to rise exponentially to more than 2,400…
READ MOREThe journey from passion to profit is an exciting and challenging path for entrepreneurs, particularly for young individuals. It involves transforming an entrepreneur’s passion and interest into a viable business venture and, in the process, experiencing personal and professional growth. Here are some key points to consider when discussing the intersection of passion, profit, and…
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