News
From drawing board to the Ground Zero
The UNFCC’S COP 21 summit in 2015 marked a positive turn of events to drive transformative initiatives on climate change across the globe. During the summit, 190 countries agreed and committed to keep climate change ‘well below 2 C. In the follow-up events, nearly 180 countries ratified and signed up on this agreement. The Paris Agreement also has important implications for real estate owners, occupiers and investors, especially since buildings account for around 40 per cent of global energy consumption. Clearly, the signatory countries will have to keep real estate and building energy consumption central among the measures they will need to institute to support this commitment.
Separate Bank Account will not be used for Assured Return, Interest & Penalty (Part 1)
Lucknow/Gautam Buddh Nagar, December 9, 2023: UP RERA issued detailed Real Estate Project Banks Account Directions revising its previous directions...
Rise in Demand for Green and Sustainable Buildings – Global and Indian Perspective
New Delhi, December 8, 2023: The Royal Institution of Chartered Surveyors (RICS) has published its global sustainability report for 2023....
RBI Keeps Repo Rate Unchanged, Increases Growth Forecast In Its Monetary Policy
December8, 2023: The Reserve Bank of India (RBI), on the expected lines, kept policy rates and stance unchanged in its...
2023 Real Estate Overview, Outlook: CBRE
OFFICE: Diversified sectoral demand maintained the leasing momentum Despite the short-term disruptions and macroeconomic challenges, office leasing in India held...
LIXIL celebrates architecture & design industry excellence at World Architecture Festival 2023
Singapore, December 7, 2023: LIXIL, maker of water and housing products, through its brand, GROHE announced to support the World...
Office Rental Values Rise 7% Y-o-Y in Top 7 Cities Despite Tepid Leasing in H1 FY24
Mumbai, December 7, 2023: The fiRst half of fiscal year 2024 remained lacklustre for commercial office space activity across the top 7...
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