RBI hikes policy rate, cuts growth forecast

by Green Earth Spaces | Sep 30, 2022 | Realty

[ad_1] That the Monetary Policy Committee (MPC) of the Reserve Bank of India will increase interest rates for the fourth consecutive time was almost a given, and the 50 basis points — one basis point is one hundredth of a percentage point — hike which was announced on...

Telangana: Fire norms for commercial buildings below 15 metres mooted – ET RealEstate

by Green Earth Spaces | Sep 29, 2022 | Realty

[ad_1] Representational ImageHYDERABAD: In the wake of recent fire accidents in the city, the state government has decided to bring in a new policy to make fire safety guidelines mandatory even for commercial buildings below 15 metres in height.Presently, under the...

Continental Automotive buys 8.5 lakh sq. ft of office space in Bengaluru for Rs 850 crore – ET RealEstate

by Green Earth Spaces | Sep 29, 2022 | Realty

[ad_1] Representative ImageGerman transnational company Continental Automotive has bought 8.5 lakh sq. ft of office space in Bangalore for around Rs 850 crore, the largest buyout deal of ready commercial assets in Garden City in 2022. The office property in Electronic...

IL&FS gets NCLT approval to sell headquarter to Brookfield Asset Management – ET RealEstate

by Green Earth Spaces | Sep 29, 2022 | Realty

[ad_1] File PhotoThe National Company Law Tribunal (NCLT) has approved the sale of infrastructure lender IL&FS’ headquarters, a 10-storey iconic property in Mumbai’s business district Bandra-Kurla Complex (BKC), to global alternative investment major...

Larsen & Toubro subsidiary inks pact to transfer 15 acres of land to Brookfield – ET RealEstate

by Green Earth Spaces | Sep 28, 2022 | Realty

[ad_1] Infrastructure major Larsen & Toubro’s subsidiary L&T Metro Rail (Hyderabad) has entered into a pact with Brookfield Group to transfer around 15 acres of land parcel in the Hyderabad Information Technology and Engineering Consultancy City (HITEC City)...