Author: Amit Kumar

The DDA advisory committee, led by lieutenant governor Anil Baijal, examined the draught MPD 2041, which was finalised after taking into account public comments and recommendations. The Delhi Development Authority (DDA) will present the Masterplan for Delhi (MPD) 2041 to its board of directors for approval shortly after the consultation process is completed, before forwarding it to the Centre for approval and gazette notice. The DDA advisory committee, led by lieutenant governor Anil Baijal, examined the draught MPD 2041, which Continue Reading

The WeWork Alphathum centre would cover 6.6 lakh sq ft and include over 8,500 desks. It is scheduled to open in the fourth quarter of 2022. WeWork India, a flexible workspace provider, will buy the entire tower at Bhutani Alphathum in Noida from Bhutani Group, consisting of 25 leasable floors. The WeWork Alphathum centre would cover 6.6 lakh sq ft and include over 8,500 desks. It is scheduled to open in the fourth quarter of 2022. “We will continue to Continue Reading

In the January-March period of last year, office leasing totalled 7, 00,000 square feet. New office space supply declined 10% to 1 million square feet from 1.1 million square feet. At the end of last month, the Delhi-NCR had a total supply of office space of 118.7 million square feet. According to Colliers, the gross lease of office space in the Delhi-NCR market increased by more than 2.5 times to 1.8 million square feet between January and March, owing to Continue Reading

DLF India would invest over Rs 1,700 crore in Noida to create roughly 3.7 million square feet of office space and a data centre, according to a senior executive. The real estate firm has leased around 360,000 square feet of space at the planned Noida IT Park to Singapore-based ST Telemedia Global Data Centres (STT GDC), with the option to double the size. In the project, DLF Office Space has also proposed office buildings. With over 38 million square feet of finished Continue Reading