Singapore-based IT and logistics park developer Ascendas India Trust yesterday announced plans to invest an estimated SGD 216 million (INR 1,200 crore) to develop the first phase of its first data centre project in India.
Tag: Real Estate
Model Tenancy Act to boost NRIs’ investment hopes in Indian rent market: ANAROCK’s Shajai Jacob
The Indian Cabinet’s recent approval for the Model Tenancy Act is being hailed as a landmark moment in Indian rent market.
COVID-19 impact: Singapore sees a drop in rental costs for expatriates
Singapore Housing News – Singapore saw its rent rates take a dip in 2021 due to the COVID-19 pandemic and its effect on tourism, according to a study by ECA International.
Singapore Airlines, CapitaLand launch new rewards partnership scheme
Singapore Airlines and real estate firm CapitaLand today embarked on a new rewards partnership scheme, beginning with the launch of a two-way rewards conversion programme between their respective KrisFlyer loyalty programme and CapitaStar shopping and lifestyle rewards programme.
Singapore residential prices on the rise despite pandemic: Reports
Despite the pandemic, Singapore private home prices grew at a faster pace in the first quarter of 2021 as it joined the frenzy gripping property markets from Hong Kong to Toronto.
Singapore firm launches plan to build SGD 1.32-bn medicity in India’s Puducherry
Velli Ventures, a Singapore-based company with offices in the United States, announced plans to construct a medicity in Puducherry, India.
Singapore housing prices rise in third quarter of 2020-21 amid rumours of property curbs
According to Urban Redevelopment Authority figures, Singapore home prices rose by 2.1 per cent in the third quarter of 2020-21, as speculation mounted that the government may impose measures to cool the market.
Madras High Court calls for ban on NRIs buying houses to lower market rates
NRI News: The Madras High Court in India proposed a ban on Non-resident Indians (NRIs) purchasing houses in India, prohibiting speculative sales.
WeWork appoints Indian-origin real estate veteran Sandeep Mathrani as CEO
WeWork on Sunday announced that Indian-origin executive Sandeep Mathrani will join the Company as Chief Executive Officer and a member of the Board of Directors, effective February 18, 2020.
DLF settles payment to joint venture with Singapore’s GIC
DLF Ltd said it has settled the entire SGD 1.7 billion (INR 8,700 crore) dues payable to DLF Cyber City Developers Limited (DCCDL), its joint venture with Singapore-based GIC, through the transfer of certain commercial properties and land parcels in the group.