1.Maharashtra Govt increases Ready Reckoner Rates

For the first time in 2.5 years, the state hiked the RRR by an avg 1.74%.

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2.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.

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3.Zyeta delivers structural excellence, health-centricity and vibrancy at Virtusa's new Pune office.

Virtusa Corporation, with several delivery centres in India, wanted to establish a strong physical presence in Pune with a workplace that mirrors the brand's global brand standards and yet bringsa certain uniqueness to the new centre. Spread over an entire floor, the IT giant's new office (designed in collaboration with Zyeta www.zyeta.com) offers an innovative and forward-thinking work environment that has become a vital aspect of their employees’ lives. To align with the thought process of the organisation, Team Zyeta conceptualized a design outline that prioritises the employees' comfort with dedicated spaces to collaborate, innovate and rejuvenate.

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4.IRB Infrastructure Developers wins bid for Rs 21.93 bn BOT project under Bharatmala in West Bengal.

IRB Infrastructure Developers (IRB), among India’s leading and the largest highways infrastructure developers, is now set to enter the Eastern territory of India.

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5.~4.66 lakh homes delivery in 2020 may miss deadline

The top 7 cities were to see the delivery of nearly 4.66 lakh units by 2020-end.

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6.The Real Estate Pile-Up

Developers are sitting on unsold inventory worth Rs 3,700 billion.

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7.Mini Machines, Maximum Demand

Which compact models are growing faster than the overall CE industry?

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8.Logistics and manufacturing head for recovery

6 million sq ft of absorption recorded in Q1

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9. 67% still want to invest in properties despite COVID

56% either shortlisted or actively looking to buy property in less than six months

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10.MHA Guidelines: Restarting business in different states

Government formulates exit strategy, lifts lockdown selectively across the country.

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