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commercial real estate: Second half of 2021 to bring new opportunities for the commercial real estate market: Experts


Synopsis
In the webinar by home-grown flex workspace provider, Awfis, on the strategies that needs to be adopted by the CRE market to successfully navigate the second wave of the pandemic, experts said that traditional sources of capital – banks and NBFCs, will be constrained at least for the next 24-36 months.
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From an investor’s perspective, they will think through before they deploy capital to consider the contingencies, they have faced in the past 12 months.
The commercial real estate market will be expecting growth and getting ready for a post pandemic recovery with the roll out of vaccines in India, according to experts. ....

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India first foreign vegetables supply is on call order and production in polyhouse in Kanpur Jagran Special

India first foreign vegetables supply is on call order and production in polyhouse in Kanpur Jagran Special
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DLF And Hines Commence Construction Of Second Commercial Project In Gurgaon


DLF and Hines commence construction of second commercial project in Gurgaon
Hines and DLF formed a joint venture in 2019 to develop an office complex in Phase -V, Udyog Vihar, NH - 48, Gurugram.
Construction of the second joint venture project between Hines, the international real estate firm, and DLF, the largest publicly listed real estate company in India, has commenced.
Hines and DLF formed a joint venture in 2019 to develop an office complex in Phase -V, Udyog Vihar, NH - 48, Gurugram.
Spread across 11.76 acres, the project will be developed in phases, with Phase I being 2.55 mm sf. In August 2020, the project secured a construction loan of Rs 2,600 crore from HDFC Ltd for the development of Phase I. Unimpeded by COVID, the project construction is as per the schedule and is targeted to be completed in stages in 2023-24. ....

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