Axis Bank has leased over 81,300 sq ft office area in Mumbai’s Parle Product Factory Compound for 5 years with a month-to-month lease of Rs 85.37 lakh. Axis Bank may have unique entry to eighty one four-wheeler parking spaces and 300 two-wheeler parking slots. The homes have been built under Model I of the Housing for All Policy of the state govt whereby the private developers Real Estate News got govt land at a subsidised price to build their housing project and in return they reserve 10% of the housing units for the EWS people. Shiv Parekh, Founder & CEO, hBits- Fractional possession of real estate platform mentioned that the allure of commercial real estate lies in its potential for high-yield returns, distinguishing it from traditional residential investments.
- Taking a bullish stance on rental pricing in the present market is justified, however the renter’s perspective must be acknowledged as properly.
- Times Property’s common options on tax planning, monetary management, emerging areas, and infrastructure updates are a lot sought after by critical home-buyers.
- At the identical time, two countries are behind the big decline of EUR 2.57 billion within the company’s property worth.
- McKillen, whose numerous background in real estate includes worldwide development and new luxurious property construction, joined the Alexander brothers at Official in 2023 as the founding dealer for California.