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Approx. INR 500 Cr Booking Value Estimated as Phase 1 Takes Off Bengaluru, Karnataka, India:  Birla Estates Private Limited, the real estate arm of the Aditya Birla Group, has successfully launched Phase 1 of Birla Trimaya, Devanahalli. This initial phase has quickly gained the interest of homebuyers and investors. The project is expected to have a revenue potential of approximately INR 3000 Cr for the entire project, signifying its strong appeal to the target audience. Birla Trimaya is thoughtfully designed to cater to diverse needs and includes a range of 1, 2, and 3 BHK apartments and luxurious duplexes across 8 towers. Strategically located near the upcoming BIAL IT Investment Region, this project will attract a diverse range of individuals including high-net-worth and non-resid...

BFSI leasing bounced back in 2022 at 6.8 million sq feet, surpassing pre-pandemic levels. Share of BFSI in total leasing rose back to 15% in H1 2023 led by higher domestic demand. Mumbai led the leasing at 31% share, followed by Bengaluru at 24% share. GURGAON, 12 Sep, 2023 – Foundational shifts across the banking and finance sector are presently underway, with a transformative focus on digital, workforce and Environment, Social and Governance (ESG) priorities, according to Colliers. Having invested significantly in technology, people and workplaces, banking and finance companies today find themselves at an inflection point, Colliers experts have highlighted. Today, as banks and financial services firms rethink their future with Artificial Intelligence and next-gen technolog...

Bengaluru, 4th September 2023 : Dr Ravi Dorairaj, Regional Head Clinical Services, Dr Agarwals Eye Hospital Bengaluru & Dr Anupama Janardhan, Pediatric Ophthalmologist Dr Agarwals Eye Hospital Bengaluru. Distinguished experts in the field of ophthalmology have raised a red flag on a pressing concern that has the potential to impede corneal transplantations in India. A shortage of available donor eyes, crucial for successful transplant procedures, has emerged as a challenge casting a shadow over the landscape of ocular healthcare. The experts expressed their concern at an impactful awareness walkathon in Bengaluru, organised by Dr. Agarwals Eye Hospital, a leading chain of eye hospital in India. The event was a part of the ongoing National Eye Donation Fortnight campaign, aime...

New Delhi,India,Aug 30, 2023 12:55 IST NCR's commercial realty market is optimistic about a healthy growth momentum. Below mentioned are some of the key locations in NCR holding immense potential and bright prospects for commercial investment. Iris Broadway Greno West - an upcoming mall in Greater Noida West Greater Noida West - Greater Noida West is evolving as an attractive market offering promising prospects for commercial realty. A growing number of IT/ITeS/, Research & Consulting/Manufacturing companies have established their base here transforming it into a vibrant business hub. The existing and proposed developments in and around the region have significantly piqued the interest of potential buyers, investors, and developers. Besides garnering interest fro...

Annual gross leasing likely to be at 40-45 million sq ft, 15-20% higher than predicted in early 2023 Supply to be in tandem with demand Rentals hold upside in key micro-markets GURGAON, 24 Aug 2023 – India office sector is expected to close stronger at 40-45 million sq feet of gross leasing across the top 6 markets in 2023, perceptibly higher than predicted in Mar 2023, according to Colliers’ latest report “India office market – Changing winds.” Domestic office demand is holding up well, supported by resilient economic outlook in spite of the drag from weak external demand. At the global level, the economic forecast for 2023 is modestly higher than predicted in April 2023, pulled by marginal improvements in the US, UK and Europe. This gradual but definite recovery surely faste...