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CommonFloor Editorial Team

Bangalore real estate

Economic slowdown: Bangalore real estate stays immune

Economy and real estate are inter-related. With the slackening of economy, the real estate market of the city goes for a toss and vice-versa. Post economic slowdown, property consultants had speculations regarding the efficiency of the Bangalore realty market. However, property consultants clear the air confirming that despite the slowdown real estate in Bangalore maintains […]

CommonFloor Editorial Team

Bus depot

State government sanctions 2.5 FSI for PMPML bus depots

The proposal made by Pune Mahanagar Parivahan Mahamandal Limited (PMPML), for an additional 1.5 Floor Space Index(FSI), has been approved by the Maharashtra state government. Instead of the usual 1 FSI, the authority would now be provided with a total of 2.5 FSI, for construction of its bus depots and terminals. The drafting of a […]

CommonFloor Editorial Team

SEBI drafts regulation allowing REITs

Recently, Securities and Exchange Board of India (Sebi) the Indian market regulator issued draft regulations for establishing Real Estate Investment Trusts (REIT) within the country. With the aim of raising capital via an initial offer prior to which subsequent funds would be raised via follow-on offers, the Sebi proposed REITs after five years of initially […]

CommonFloor Editorial Team

Feasibility study of Industrial Corridors

The department of industrial policy and promotion (DIPP) along with the Japan International Cooperation Agency (JICA), have been trying to formulate a thorough and exhaustive plan for the Chennai-Bangalore Industrial Corridor. The study has been recently completed. As per the corridor plan, this corridor would be established along Chennai, Ranipet, Sriperumbudur, Chittoor, Palamaner, Bangarupalem, Bangarpet, […]

CommonFloor Editorial Team

High Net worth Individuals pessimistic on early recovery of economy

As per a recent study conducted, High net worth Households (HNHs) within India have become cautious while making discretionary purchases, as they do not expect the economic scenario to improve soon. An ultra HNH has been defined by the study as one with a minimum average net worth of Rs 250 million accumulated over the […]

CommonFloor Editorial Team

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