Commercial Real Estate News
TCS leases 630,000 sq.ft. in Chennai amid slow IT office space take-up
TCS has signed a 10-year lease for 630,000 sq.ft. in Chennai's Ozone Techno Park at ₹2.8 crore monthly, reflecting ongoing office space demand despite a slowdown in the IT sector. Rent will rise by 12% every three years.
1 min read12 May 2025Trump World Center: India’s first Trump-branded offices coming to Pune
The investment in Trump World Center Pune, first Trump-branded commercial real estate project in India, is pegged at ₹1,700 crore, with projected sales of ₹2,500 crore.
2 min read19 Mar 2025When do you have to register for GST as a professional landlord?
While renting out residential properties remains tax-exempt, commercial leasing comes with specific GST rules that every professional landlord must understand and follow. Failing to do so could have severe financial and legal repercussions.
2 min read6 Mar 2025German Banks Start to Cut US Office Loan Exposure That Caused Bond Turmoil: Credit Weekly
German banks are cutting legacy US office loan exposure after concerns about commercial real estate losses led to a plunge in bond and equity prices in February.
2 min read3 Nov 2024Boston Mayor Strikes Deal to Avoid 28% Tax Hike on Homeowners
Boston Mayor Michelle Wu reached a compromise with business leaders to help advance a proposal aimed at protecting homeowners from a sharp spike in property taxes.
1 min read24 Oct 2024Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming
1 min read19 Oct 2024Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall
Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc.
2 min read1 Sep 2024Property Downturn Creating Best Opportunity in Decades, Gloor Says
One of Chicago’s preeminent real estate developers says now is the time for those with capital to make a contrarian bet and invest in commercial real estate.
2 min read20 Aug 2024Still working from home? This 5-star office might just lure you back
Embassy Manyata Business Park in Bengaluru, DLF Cyber City Chennai and K. Raheja Corp’s Altimus in Mumbai, have one thing in common. They provide a 5-star hotel experience in offices. So, will work-from-office be more fun, going ahead?
9 min read3 Jul 2024Mumbai, Delhi, and Bangalore real estate report 80 per cent of debt funding in last five years
India's real estate sector has the debt financing opportunity of around ₹14 lack crore in the next three years, highlights a report by real estate company JLL and Propstack.
3 min read21 Jun 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared