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Rentals dive as second covid wave sinks retail sector hopes

BNEGALURU, May 7 -- Rentals have fallen at some of India's top high street locations, as new local curbs hammer retail hotspots which were barely emerging from last year's setbacks. Average March qua... Read More


The idea of luxury in hospitality has changed: Shruti Shibulal

Bengaluru, May 6 -- The hospitality sector, which was battered by the covid-19 pandemic last year, was limping back to normalcy when the second wave hit. Tamara Leisure Experiences, a hospitality comp... Read More


We're taking a pause to heal, says Godrej Properties

Bengaluru, May 5 -- Godrej Properties Ltd (GPL) has asked its employees to take time off to heal and spend time with family, amid a raging pandemic that continues to impact lives. ".As an organizatio... Read More


Xander revamps NBFC board after CEO exit

Bengaluru, May 4 -- The Xander Group Inc. on Tuesday said it has appointed three new directors to the board of its non-banking financial company (NBFC) Xander Finance Ltd, as part of a larger reorient... Read More


Surging Covid cases put brakes on homes sales

bengaluru, May 4 -- The raging second wave of the pandemic has hit India's residential property market with new home sales set to fall sharply this quarter as potential buyers defer their plans and co... Read More


Virus resurgence slows home sales

bengaluru, May 4 -- The raging second wave of the pandemic has hit India's residential property market, with new home sales set to fall sharply this quarter as potential buyers defer plans and compani... Read More


Unitern, Flow Realty partner for distressed project solutions

Bengaluru, May 4 -- Real estate startups Unitern Advisors Pvt Ltd and Flow Realty on Tuesday said they have partnered to offer solutions to property developers stuck with stressed projects. Both firm... Read More


Retail rentals decline in high street retail locations due to covid

Bengaluru, May 3 -- Prominent high street retail locations in top cities have seen a drop in average monthly rentals, as covid wreaked havoc on physical stores last year as well with the current regio... Read More


Second wave slows down homes sales, project launches

Bengaluru, May 3 -- The recovery in home sales and project launches has sharply slowed down due to the second covid wave, as homebuyers stayed away from site visits and postponed transaction closures.... Read More


Embassy REIT sees near-term headwinds due to new covid wave

Bengaluru, April 30 -- Embassy Office Parks REIT expects leasing sentiment to remain muted for another 2-3 quarters before picking up sometime in the latter half of 2021-22, with the the second wave o... Read More