National Real Estate Development Council (Naredco) and the Confederation of Real Estate Developers’ Associations of India (Credai) has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term or construction loans to facilitate the roll-over of existing debt. The request has also to be […]
Tag: Commercial Premises
Realty Sector demands ‘stimulus package’
November 12, 2008 – 7:08 am
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Posted in Real Estate News
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Also tagged Construction Development, Construction Loans, Credai, Credit Squeeze, External Sources, FDI, Indian Banks, Low Cost Housing, Monetary Policies, Ongoing Projects, Real Estate Developers, Rescheduling
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With Rs 1 Crore Per Month, Rental Goes Through Roof
May 24, 2008 – 4:40 am
In April end, the London headquartered Barclays bank concluded negotiations to take on lease 15000 square feet of office space in CeeJay House, Worli, at a record-breaking rent of Rs 725 a square feet per month. This is so far the highest ever lease rental for any commercial property in the country.
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Posted in Real Estate News
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Also tagged Abn Amro Bank, Barclays Bank, C B Richard Ellis, Cee Jay, Consultant Firm, Credit Suisse, Financial Services Provider, Global Financial Services, Global Property, Hypo Bank, Investment Management Services, Knight Frank, Lease Transactions, Lehman Brothers, Poonam Chambers, Praful Patel, Property Consultant, Property Experts, Worli
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