Grand City Properties S A : Supplement dated 22 May 2024
SUPPLEMENT DATED 22 MAY 2024 TO THE OFFERING CIRCULAR DATED 7 SEPTEMBER 2023 Grand City Properties S.A. ...
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SUPPLEMENT DATED 22 MAY 2024 TO THE OFFERING CIRCULAR DATED 7 SEPTEMBER 2023 Grand City Properties S.A. ...
Post-pandemic rental demand surge drives up rental values across Indian cities, with Bengaluru leading at 4.45% rental yield in Q1 2024, a 24% growth since pre-Covid 2019. Mumbai and Gurugram follow, reflecting 19% and 15% growth respectively. Average rental rates in key areas of top cities see a significant 4-9% rise.
Rising rental incomes have boosted rental yields, attracting investors to the real estate sector.
Earlier, in June 2023, Khan had bought agricultural land measuring 1.5 acres with three structures on it in Alibag of Raigad district for Rs 12.91 crore
Mumbai office market: The annual rental the four units commercial spread around 10,000 sqft will increase to Rs 2.38 crore yearly from the fourth year of the rental agreement