Explore how the real estate sector is transforming corporate landscapes, driven by innovative construction techniques and sustainable practices.
Corporate Real EstateSustainable ConstructionSmart BuildingsInnovationGreen OfficesReal Estate MumbaiOct 26, 2024
Modern corporate real estate focuses on creating environments that foster creativity, collaboration, and productivity, rather than just providing a space for employees.
Technologies such as Building Information Modeling (BIM), 3D printing, modular construction, and smart technologies (automated lighting, temperature control, security systems) are driving the transformation of corporate buildings.
Sustainability is important in corporate real estate because it helps reduce environmental impact, lowers operating costs, and aligns with the growing corporate responsibility to be environmentally responsible.
LEED (Leadership in Energy and Environmental Design) is a green building certification program that recognizes best-in-class building strategies and practices. It is significant because it signals a commitment to environmental responsibility and sustainability.
Mumbai is contributing to the transformation of corporate landscapes through the development of modern, sustainable office spaces in areas like the Bandra-Kurla Complex and the International Financial Services City (IFSC) in GIFT City, supported by infrastructure think-tanks and local government initiatives.
Tata Realty has secured Rs 825 crore from IFC to refinance its green commercial project in Chennai, Ramanujan Intellion Park, which boasts sustainable features and hosts thousands of professionals.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against 628 housing projects across the state for failing to display their registration number and QR code in advertising materials.
Homebuyers are urging the government to issue specific guidelines to regulate changes in real estate projects, ensuring builders are held accountable for any modifications made after sales have been finalized.
Godrej Properties, one of India's leading real estate developers, has announced the launch of its first housing project in Hyderabad. This prestigious venture aims to generate a revenue of Rs 1,300 crore, marking a significant milestone in the company's e
Office space supply reduced 9.35 per cent year-on-year in 2024, while the demand increased by 21.9 per cent, highlighting a growing gap between supply and demand in India’s commercial real estate sector.
Delhi-based real estate giant DLF has achieved significant milestones with its super-luxury project 'The Dahlias' in Gurgaon, selling 173 of 420 units at prices starting from ₹80 crore each. The project has seen a diverse mix of buyers, including Indian c