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CM Shinde : MoU worth Rs 10,000 crore signed with Web Werks for data centre

The investment proposal has the potential to create direct employment for 1,500 people, CM Shinde said. The Maharashtra government has signed a memorandum of understanding (MoU) worth Rs 10,000 crore with Web Werks for investment in a mega IT/ITES data centre in the state in the next five years, Chief Minister Eknath Shinde’s office has…

Table Space, Runwal ink 10-year, Rs 333-cr Mumbai office lease deal

Mumbai office deal lease : Table Space, a managed workspace provider, has finalized an agreement with real estate developer Runwal to mumbai office deal lease more than 1.31 lakh sq ft of office space in Runwal R Square, a Grade A commercial development in Mumbai’s Andheri suburb. The long-term lease spans over 10 years, with a cumulative…

35 retail opened brands store in tier-2 cities from Jan to Sept 2023: CBRE report

New Delhi: Nearly 35 retail brands store domestic and international retail brands entered 14 tier-2 cities in the January to September 2023 period, according to a report by the real estate consulting firm CBRE South Asia Pvt. Ltd. The 14 cities include Chandigarh, Jaipur, Indore, Goa, Mangaluru, Kochi, Lucknow, Patna, Ranchi, Guwahati, Bhubaneshwar, Vizag, Mysore, and…

Government to revamp stamp duty regime, proposes new law

New law : The department of revenue has drafted the new law which is ‘Indian Stamp Bill, 2023’ and uploaded the draft Bill on its website for public consultation. The Indian government has finalized a draft ‘Indian Stamp Bill, 2023’ to modernize the stamp duty regime, aligning with the focus on e-governance and eliminating colonial…

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