Articles for Commercial Space

Failure To Hand Over Commercial Space To Purchasers Is 'Deficiency In Service': Delhi State Commission
2 days, 6 hours ago

Failure To Hand Over Commercial Space To Purchasers Is 'Deficiency In Service': Delhi State Commission

Live Law  

The Delhi State Commission has held that default in delivering the commercial space by Parsvnath developers booked by the complainants is 'deficiency in service'. Brief background: Complainants applied for allotment of an office space in the construction project- Parsvnath City Center Bhiwadi of the developer company in Rajasthan. Observations: Issue 1: Whether purchase of commercial space, would make the complainant …

Commercial Space Developer Complainants
Rent vs buy: Here’s why asset management and banking firms prefer to buy rather than lease commercial property in Mumbai
3 weeks, 6 days ago

Rent vs buy: Here’s why asset management and banking firms prefer to buy rather than lease commercial property in Mumbai

Hindustan Times  

Several banking firms and asset management companies have of late bought commercial properties in Mumbai rather than take them on lease. A case in point is Nippon Life India Asset Management Ltd that recently acquired two premium commercial properties at One Lodha Place in Mumbai's Lower Parel locality for a combined value of ₹486.03 crore. Mumbai real estate: Several banking …

Business India Space Mumbai Property Management Office
Bollywood landlords: 5 celebrities who have rented out their properties in Mumbai
3 weeks, 6 days ago

Bollywood landlords: 5 celebrities who have rented out their properties in Mumbai

Hindustan Times  

Bollywood actors have been in the news for buying and renting out commercial and residential properties in the Mumbai real estate market, which is one of the costliest real estate markets of the country. Earlier this month, Bollywood actor Shahid Kapoor and wife Mira Kapoor rented out their luxury apartment in the Worli area of Mumbai at a rent of …

Mumbai Properties Bollywood Property Shahid Kapoor Commercial Space Month
Allotment Of Commercial Space By Corporate Debtor Through Unregistered Allotment Letter Remains Their Asset, Can't Be Excluded From Resolution Plan: NCLAT
1 month ago

Allotment Of Commercial Space By Corporate Debtor Through Unregistered Allotment Letter Remains Their Asset, Can't Be Excluded From Resolution Plan: NCLAT

Live Law  

The NCLAT New Delhi bench of Justice Ashok Bhushan and Barun Mitra has held that allotment of commercial spaces by the corporate debtor through unregistered documents like allotment letter, lease deed etc.cannot divest the CD of their ownership. That the Appellant-Nupur Garg, having been allotted commercial space, with regard to which, Lease Deed was also executed by the CD and …

Space Resolution Corporate Debtor Commercial Commercial Space Resolution Plan Tribunal
Space industry promotion association unveiled in Nansha
1 month ago

Space industry promotion association unveiled in Nansha

China Daily  

Updated: 2024-11-22 nansha.guangdong.chinadaily.com.cn On Nov 20, the unveiling ceremony of the Guangdong Commercial Space Industry Promotion Association and the first Guangdong-Hong Kong-Macao Greater Bay Area Commercial Space High-Quality Development Conference took place in Nansha. The commercial space industry has undergone significant growth in recent years, presenting new challenges in industry planning, ecosystem development, and the establishment of public platforms. She …

Space Development Industry Commercial Commercial Space Guangdong Association
Millions Join Live Stream to Buy Tickets to First Chinese Rocket Trip to Space
1 month, 4 weeks ago

Millions Join Live Stream to Buy Tickets to First Chinese Rocket Trip to Space

CNN  

Millions of people tuned in to a livestream on Chinese shopping platform Taobao to purchase two tickets for passage on the first Chinese rocket ship to take tourists to space. The tickets, priced at 1,000,000 yuan (around $140,000), sold out immediately, with the identities of the ticket buyers not disclosed.

Entertainment China Space Tourism Commercial Space
NBCC says sold entire commercial space at WTC, Downtown in Delhi for ₹14,799.62cr
3 months, 3 weeks ago

NBCC says sold entire commercial space at WTC, Downtown in Delhi for ₹14,799.62cr

Hindustan Times  

New Delhi: The entire commercial inventory of 3.4 million sq ft at the World Trade Centre in south Delhi’s Nauroji Nagar and another 364,000 sq ft in Downtown in Sarojini Nagar have been sold, the National Buildings Construction Corporation, a public sector unit under the Union ministry of housing and urban affairs, said on Thursday. The World Trade Centre in …

Space Delhi Sale Commercial Commercial Space Sold Private
Embassy Pune Techzone rents 1.23 lakh sq ft commercial space to Volkswagen Group Technology Solutions for ₹66 lakh
4 months, 1 week ago

Embassy Pune Techzone rents 1.23 lakh sq ft commercial space to Volkswagen Group Technology Solutions for ₹66 lakh

Hindustan Times  

Embassy Pune Techzone Pvt Ltd of the Embassy Office Parks REIT has leased 1.23 lakh sq ft of commercial space in Pune to Volkswagen Group Technology Solutions India Pvt Ltd at a monthly rent of ₹66 lakh for five years, according to the property registration documents accessed by FloorTap.com Embassy Pune Techzone Pvt Ltd of the Embassy Office Parks REIT …

India Space Mumbai Pune Commercial Space Volkswagen Group Technology Solution Volkswagen Group Technology Solutions
JSW Group buys office spaces spanning 52,000 sq ft for ₹88 crore in Mumbai
5 months ago

JSW Group buys office spaces spanning 52,000 sq ft for ₹88 crore in Mumbai

Hindustan Times  

Multiple subsidiaries of Mumbai-headquartered conglomerate JSW Group have purchased office spaces spanning a total of 52,694 square feet in Navi Mumbai for ₹88.12 crore, property registration documents accessed through real estate data analytics platform Propstack showed. JSW Group buys office space spanning 52,000 sq ft for ₹ 88 crore in Mumbai These entities include the infrastructure, cement, steel and energy …

Mumbai Commercial Crore Office Space Commercial Properties Buys Office Group Buys Office
SpaceX lands lucrative NASA contract to destroy ISS after 2030
5 months, 3 weeks ago

SpaceX lands lucrative NASA contract to destroy ISS after 2030

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy NASA has awarded SpaceX a multimillion-dollar contract to safely deorbit the International Space …

Space Earth Station Iss Nasa Indytech Orbit
Ajay Devgn leases commercial property in Andheri West, Mumbai, for a monthly rent of ₹9 lakh
5 months, 4 weeks ago

Ajay Devgn leases commercial property in Andheri West, Mumbai, for a monthly rent of ₹9 lakh

Hindustan Times  

Ajay Devgn has leased an office space in Andheri West in Mumbai for a monthly rent of ₹9 lakh for five years, documents accessed by Propstack showed. Ajay Devgn has leased an office space in Andheri West in Mumbai for a monthly rent of ₹ 9 lakh for five years. Ajay Devgn had purchased five office units in Andheri West …

Mumbai Bollywood Office Documents West Commercial Space Crore
Top 6 Real Estate Investment Options in India – 2024
7 months ago

Top 6 Real Estate Investment Options in India – 2024

Hindustan Times  

Investment gurus have long touted real estate as a cornerstone of wealth accumulation, yet the landscape of opportunities continues to evolve. Through a rigorous examination of critical parameters, including the cost of acquisition, monthly rentals, maintenance costs, and return on investment alongside ease of reselling, the stage was set to unveil the six most compelling real estate investment options. Residential …

Real Estate Investment Options Commercial Space Estate Hindustan Times Ranking
NBCC sells 4.8 lakh sq ft of commercial space for ₹1905 crore in Delhi’s World Trade Centre
8 months, 3 weeks ago

NBCC sells 4.8 lakh sq ft of commercial space for ₹1905 crore in Delhi’s World Trade Centre

Hindustan Times  

NBCC Ltd, the government’s construction arm, has sold commercial space spread across an area of 4.8 lakh sq ft for ₹1905 crore in the World Trade Centre located in Delhi, the company said in a statement. NBCC Ltd, the government’s construction arm, has sold commercial space spread across an area of 4.8 lakh sqft for ₹ 1905 crore in the …

Space Delhi Trade World Commercial Commercial Space Crore
NBCC sells 2 lakh sq ft commercial space in South Delhi for ₹828 crore
9 months, 3 weeks ago

NBCC sells 2 lakh sq ft commercial space in South Delhi for ₹828 crore

Hindustan Times  

The government’s construction arm NBCC Ltd has sold 2.05 lakh sq ft of commercial space for approximately ₹827.78 crore in the World Trade Centre project at Nauroji Nagar, New Delhi, on behalf of the government, the company said in a regulatory filing on March 1, 2024. The government’s construction arm NBCC Ltd has sold 2.05 lakh sq ft of commercial …

Space Delhi Sale Commercial Company Commercial Space Project
80% commercial space at World Trade Centre in Delhi sold: NBCC
9 months, 3 weeks ago

80% commercial space at World Trade Centre in Delhi sold: NBCC

Hindustan Times  

As much as 80% of the commercial space at the World Trade Centre, which replaced the old, dilapidated government quarters in South Delhi’s Nauroji Nagar, has been sold, the National Building Construction Corporation said on Friday. NBCC, which is building the WTC, said in a statement that the sale of 2,00,000 sq ft of commercial space at ₹830 crore on …

Space Delhi Commercial Space Nbcc Nauroji Nagar 80 Commercial Wtc Project
NDMC plans revamp of Shivaji Stadium terminus in Delhi
1 year, 1 month ago

NDMC plans revamp of Shivaji Stadium terminus in Delhi

Hindustan Times  

The New Delhi Municipal Council will initiate the redevelopment of the Shivaji Stadium bus terminus near Connaught Place, the cost of which has been pegged at ₹64 crore, and the bids for which were invited on Monday. NDMC vice-chairman Satish Upadhyay said that the new facility will boast modern eco-friendly frame building of international standards with green features and will …

Space Delhi Commercial Space Project Official Area Terminus
Dream of going to space? Virgin Galactic just launched commercial flights
1 year, 5 months ago

Dream of going to space? Virgin Galactic just launched commercial flights

LA Times  

Three Italian researchers and a Virgin Galactic employee flew to the edge of space on the company’s first commercial flight. On Thursday, that hype finally became reality when three Italian researchers boarded the VSS Unity space plane as Virgin Galactic’s first paying passengers and flew about four minutes in suborbital space. Business Virgin Galactic’s Richard Branson plans to visit space …

Italian Commercial Space Flight Plane Richard Branson Researchers Jeff Bezos
India-U.S. relationship more critical for space exploration: former NASA official
1 year, 6 months ago

India-U.S. relationship more critical for space exploration: former NASA official

The Hindu  

The relationship between India and the U.S. is absolutely critical on Earth and possibly even more so in space, a former top NASA official has said, describing India as a "sleeping giant" for whom the sky is no longer the limit. India has also been extraordinarily innovative relative to implementing these very ambitious space programmes at affordable and low costs,” …

India Space Relationship Indian Commercial Earth Moon
Kerala Town & Country Planning Act | Interim Development Order Prevails Over Old Master Plan If New Plan Hasn't Been Sanctioned Yet: Kerala High Court
2 years, 9 months ago

Kerala Town & Country Planning Act | Interim Development Order Prevails Over Old Master Plan If New Plan Hasn't Been Sanctioned Yet: Kerala High Court

Live Law  

The Kerala High Court has ruled that an Interim Development Order issued under Section 63 of the Kerala Town and Country Planning Act, 2016 will prevail over the previous Master Plan of a city even if a new Master Plan has not been sanctioned yet. Ravi ruled that although Section 36 says that the older Master Plan shall continue to …

Kerala Court Kerala High Court Commercial Application Order Commercial Space
Branson's Virgin Galactic re-opens ticket sales for spaceflight
2 years, 10 months ago

Branson's Virgin Galactic re-opens ticket sales for spaceflight

India Today  

Billionaire Richard Branson's Virgin Galactic Holdings Inc said on Tuesday it is re-opening ticket sales for upcoming space travel to the general public from Feb. 16, driving its shares more than 10% higher in premarket trading. "We plan to have our first 1,000 customers on board at the start of commercial service later this year," Virgin Galactic Chief Executive Officer …

Commercial Space Virgin Galactic
Did space billionaires choose nice stuff over the right stuff?
3 years, 4 months ago

Did space billionaires choose nice stuff over the right stuff?

Live Mint  

The billionaires who blasted into space in recent weeks did so with style. Blue Origin’s Jeff Bezos sported a cowboy hat after landing and Richard Branson wore a blue Virgin Galactic jumpsuit he’d called “sexy.” To some of the world’s leading experts in space-travel safety, something else stood out: Neither company equipped the passengers of their spacecraft with pressure suits …

Safety Consequences Industry Launch Congress Companies Texas
How NASA’s shuttle programme paved the way for a new era in space
3 years, 5 months ago

How NASA’s shuttle programme paved the way for a new era in space

Al Jazeera  

A decade after its retirement, NASA’s iconic space shuttle programme is succeeded by burgeoning commercial space crew initiatives that have built on its legacy. “We explore, we study, and we also inspire the next generation of people to do incredible things.” The rise of commercial space travel Well before the shuttle’s wheels touched down during that final mission in 2011, …

International Launch Boeing Earth Mission Astronauts Commercial Space
(Opinion) The billionaires’ space race is only just beginning
3 years, 5 months ago

(Opinion) The billionaires’ space race is only just beginning

CNN  

Editor’s Note: Don Lincoln is a senior scientist at the Fermi National Accelerator Laboratory. On July 1, a spacecraft called VSS Unity carried Sir Richard Branson, billionaire and founder of Virgin Galactic, the company that made the space capsule, into space.. And, of course, the past 60 years has had many successful manned missions into space, performed by countries including …

Mars Launch Commercial Earth Company Cost Cnn
Virgin Galactic gets FAA approval for commercial passenger space flights
3 years, 5 months ago

Virgin Galactic gets FAA approval for commercial passenger space flights

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The commercial license that we have had in place since 2016 remains in place, but is now …

Space Flight Indytech Virgin Galactic