Nestled in the heart of Bhubaneswar, the Nexus Esplanade Mall stands as a vibrant hub for shopping, entertainment, and culinary delights. With its diverse range of stores and amenities, this mall caters to the varied tastes and preferences of Indian consumers. In this comprehensive guide, we will navigate through the offerings of Nexus Esplanade Mall, highlighting the shopping experience, popular attractions, and the cultural essence that makes it a go-to destination for residents and visitors alike.… Read more
The Rise of CBD Belapur as a Business District in Navi Mumbai
Navigating the dynamic landscape of business districts is a crucial aspect of strategic growth and development for any thriving city. In recent years, CBD Belapur in Navi Mumbai has emerged as a prominent player in this realm, attracting businesses and investors alike. This article delves into the factors contributing to the rise of CBD Belapur and its transformation into a bustling business district.… Read more
Why Are NRIs Flocking to Invest in Indian Commercial Realty?
The Indian commercial real estate sector is witnessing a significant influx of investments from Non-Resident Indians (NRIs), marking a strategic move in the global investment landscape. As the dynamics of India’s economic growth and real estate market evolve, NRIs are increasingly drawn to the potential and opportunities offered by the commercial realty sector. In this in-depth analysis, we will explore the driving factors, trends, and recent developments that explain why NRIs are actively investing in Indian commercial real estate, drawing insights from the latest Indian news and sources.… Read more
Prime Office Rent Surge: Dubai’s H1 Real Estate Market Report!
Dubai, the gleaming jewel of the United Arab Emirates, has once again proven its resilience and allure in the world of real estate. In a remarkable turn of events, the rental rates for prime office spaces in Dubai experienced an astounding surge of over 50% during the first half of the year. This article delves into the factors behind this impressive rise and explores the implications for the city’s commercial real estate landscape.… Read more
Commercial Sector Embraces Tier II & Peripherals!
The commercial landscape in India is undergoing a significant transformation, with a notable shift in focus towards peripheral regions and Tier II cities. Traditionally, major metropolitan areas like Mumbai, Delhi, Bengaluru, and Chennai have dominated the commercial real estate sector. However, various factors, including rapid urbanization, rising costs, and improved infrastructure in peripheral regions and Tier II cities, are driving businesses to explore new opportunities beyond the traditional hubs. In this article, we delve into the reasons behind this paradigm shift and the potential implications for urban development.… Read more
How can an NRI invest in a commercial property?
Many people ask themselves this question. The answer to this question is that yes, NRIs can buy commercial property in India. According to the RBI’s recommendations, non-resident Indians may purchase specific types of residences in India. However, it is also possible to purchase other types of homes—and doing so most effectively depends on obtaining certain licenses. An NRI looking to purchase property in India needs to be fully aware of the prison rules that apply to proudly own real property in the United States. People of Indian descent, often known as PIOs or NRIs, are treated the same way as NRIs and PIOs under the requirements of the Foreign Exchange Management Act (FEMA).… Read more
Here’s how to save tax on a commercial property
There is no way to avoid capital gains tax on the sale of property in the case of a short-term capital gain. The entire capital benefit amount may be included in your income, and you will be taxed according to the income tax bracket you may be in. The provisions of Sections 54, 54EC, and 54F of the income tax only apply to the long-term capital gains tax on the sale of the property.… Read more
The new emerging office hotspot in Mumbai- Thane-Belapur
Due to cheaper leasing rates, the availability of Grade A floor plates, and its closeness to the projected Navi Mumbai International Airport, the Thane-Belapur belt has emerged as a new business destination in Mumbai. Many commercial investors have shifted their emphasis from the famed business areas of Bandra-Kurla Complex (BKC) and Nariman Point to the Thane-Belapur Region as a result of these considerations.… Read more
Why Domlur office space is the best option?
Whether you are a startup or an established firm, finding a location for your Bangalore office is critical. Locality, commute time, transportation alternatives, employee convenience, adjacent restaurants/cafés, and so on are all crucial factors to consider while looking for an office space.… Read more
Realtors convert commercial projects into residential amid tepid demand
As a result of the Covid-19 outbreak, numerous realtors have transformed their commercial projects into residential ones. So far this year, about 25 commercial projects have been converted to residential developments. In the instance of 20 commercial developments in Ahmedabad Municipal Corporation areas, revised building designs have been authorised (AMC). Five more projects in the Ahmedabad Urban Development Authority (AUDA) area have been converted from commercial to residential.… Read more