In a significant order the Bombay High Court has asked statutory authorities to ensure they don t serve eviction notices expiring on weekends so that affected can approach the competent authority or.
According to real estate consultancy JLL, the emergence of new business hotspots will contribute about 89 million sq ft to the Grade-A office supply in the top seven cities over the next five years.
India s physical retail market is set to see a robust supply of nearly 41 million sq ft of retail developments between 2024 and 2028 across the top 7 cities. Delhi-NCR will have the majority share, followed by Chennai, Bengaluru, and Hyderabad. Large foreign institutional investors hold around 24% of the new supply. The operational retail developments currently stand at 91 million sq ft and are expected to increase by 45% to reach 132 million sq ft by 2028. Mall developers are focusing on building larger-sized malls to offer a better shopping experience.
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