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April 18, 2021
Satyanarayan Bajaj, deputy secretary, Maharashtra revenue division, issued a notification on March 31 conveying the state authorities’s choice to maintain the standing quo on prepared reckoner charges. The built‐up space of Sunteck Icon is approximately two lakh sq ft with an approximate rental of Rs 300 per sq ft per thirty days on carpet space foundation. This will permit Sunteck Realty to generate a income of close to Rs 2,000 crore over the tenure of 29 years.
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The builder said it’ll develop about 800,000 sq ft of mix of retail and serviced condo, with a total funding of Rs 426 crore, which incorporates the land cost as nicely. In a difficult 12 months for industrial real estate, Cathy Marcus reflects on classes realized through the financial savings and mortgage crisis of the 1980s and ’90s. PGIM Real Estate has expanded its agriculture financing platform into Australia, a market key to its world development strategy. NeoLiv raises Rs 300 crore for Inliv Real Estate Fund, focusing on MMR, NCR, tier 2 cities. There are a couple of serviced apartment initiatives also arising in the area, native brokers energetic in the space mentioned.
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High rates of interest, inflation and a slowing economy hit Canadian wallets hard in 2023. CBC’s Peter Armstrong breaks down the financial outlook for 2024 and why there’s still a lot of uncertainty ahead. MLS platform Perchwell was born out of CEO Brendan Fairbanks’ desire to create “a more quantitative approach to understanding the market.” How technology drives the trade, and the innovators who’re pushing it ahead.