Haryana is often portrayed as a model industrial state due to the emergence of its new urban centres like Sonepat, Gurgaon, Faridabad and Panchkula. Rapid industrialisation and easier land acquisition has made this state a favourite investment
Nikhil Bhatia, Head of the Western Region, CB Richard Ellis (CBRE), currently co-heads the Capital Markets business for CBRE in India and shall soon assume the additional responsibility of managing the firm’s operations for the region.
CBRE Group, Inc has been recognised as the fourth best outsourcing services provider across all industries and the highest-ranked real estate services company, according to the International Association of Outsourcing Professionals’
In all key cities of India, supply of organised retail space dropped 83 per cent in 2012, according to a report released on February 13 by real estate consultancy CB Richard Ellis (CBRE) South Asia. Approximately 2.5 million sq ft of fresh retail space entered the market in 2012, mainly in Bangalore, Kolkata and Pune, compared with over 15 million sq ft in 2011, according to the Indian Retail Market View report.
As several global and domestic retailers occupying space in medium and large malls in Bangalore, the first half of this calendar year has witnessed growth in leasing activity. Commercial real estate services firm CBRE report says that 1.2 million sq ft of organised retail space will be released by the first half of 2014, with the expected completion of three malls in the IT city of India.
Growing urbanisation is pushing investors towards Tier II and Tier III cities to drive their growth story in a mutually beneficial way, writes GARIMA P. For 28 year-old Gurgaon-based IT professional Aniruddha Rai, Bhopal is more than his hometown. The small and quiet lanes he grew up in have transformed themselves into a hustling city.
Chemicals & Petrochemicals Manufacturers Association jointly with Elite Plus Business Services presented the Life Time Achievement Award to Ajay S Shriram, Chairman & Senior Managing Director, DCM Shriram in recognition of his contribution to the Indian plastic fraternity.
Indian hospitality sector, after battling low occupancies and poor room rates in the recent years, seems set for rejuvenation with high hopes from the new government. SHRIYAL SETHUMADHAVAN explores solutions for the industry and suggestions for the policy makers.