Propstack

To expand its storage capacity in India, Amazon had opened its largest Fulfilment Centre in Sonipat, Haryana.

The office space, at the 12th floor of One Indiabulls Center, is leased at an all-inclusive monthly rental of Rs 180 per sq ft.

We are delighted to announce that Propstack has been chosen to represent Asia Pacific in the MIPIM Proptech summit at New York in Oct 2016.

Software services exporter Tata Consultancy Services (TCS) is close to leasing 780,000 sq ft of office space in IG3 Infra's Chennai One IT SEZ for 10 years, said two people in the know of the development.

Propstack is delighted to announce that Brandon Sedloff has joined the Board of Advisors this week.

Incentives and initiatives for REIT listings are underway but what does it take for markets to absorb these initiatives, and regulator to create an eco-system conducive to REITs?

Indian Commercial Real Estate has not been ailing in recent times, but it's been no party either over the past seven to eight years.

Top Indian cities have seen a significant rise in large office space transactions with companies across sectors expanding and consolidation operations, kindling hopes of a revival in an otherwise lacklustre real estate industry.

The absorption of commercial real estate including outright purchases and leasing of office space in India's top seven markets increased to 5.8 million square feet during the first quarter of 2016, up 8% from that a year ago, according to commercial data.

According to PROPSTACK, a commercial real estate information and analytics company, the amount involved in the lease renewal, comprising 36 months average duration, will be around Rs 50 crore a month.