Delays in registering of sale deeds at sub- registrar office
India's Office Sector Booms as REITs Expand Fast
India's office real estate sector is experiencing robust growth, driven by increased demand and strategic acquisitions by real estate investment trusts (REITs). Embassy Office Parks REIT, Brookfield India Real Estate Trust, and Mindspace Business Parks REIT collectively hold about 100 million square feet (MSF) of office space, representing approximately 12.5% of India?s total office stock. Their combined market capitalization stands at $8 billion.
When Embassy Office Parks REIT launched in 2019, it managed just over 24 msf. Over the past five years, the REIT expanded its completed a..
ArisUnitern Joins Essem 18 to Boost Real Estate
ArisUnitern has announced a strategic partnership with real estate developer Essem 18 to offer comprehensive development management services. This collaboration aims to bolster Essem 18's expansive portfolio of real estate projects with a focus on securing last-mile financing and enhancing sales and marketing efforts.
In the initial phase of the partnership, ArisUnitern will support Essem 18's 18-acre plotted development project in Shettigere, Bengaluru. This effort will include securing Rs 400 million in working capital to ensure the project's expedited completion.
This collabor..
Vritti Spa by Tattva newest addition to Greater Noida's Crowne Plaza
Crowne Plaza Greater Noida has recently unveiled its newest wellness haven, Vritti Spa by Tattva, marking a significant addition to its array of guest offerings. Inspired by the Sanskrit word for waves and ripples, 'Vritti' encapsulates the essence of tranquillity and serenity that defines the spa's ambiance and ethos. As the largest IHG hotel in South-West Asia, Crowne Plaza Greater Noida takes pride in introducing Vritti Spa to meet the wellness aspirations of its discerning guests. The spa is meticulously crafted to provide authentic Ayurvedic therapies tailored to the needs of both busines..