Large firms step in as development managers for smaller developers in return for a shareof revenue and profits. Developers who banked heavily on valuable land parcels in Mumbai and the National Capital Region suddenly found themselves stuck with expensive assets that they didn’t have the ability to develop.
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Budget aims tapping realty potential to aid economy's growth: Ashish N Shah, Radius Developers

Budget 2016 outlined the need of speedy delivery on all fronts, especially on housing. Incremental deduction of INR 50,000 on the home loan will also attract many home buyers who have ever since been waiting for a special incentive
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February 15, 2016 : The National
UAE reaffirms ties with China and India

Ashish Shah, the chief operating officer of Radius Developers, a Mumbai property developer, with a background in consulting, including as a director at KPMG, said that given China’s and India’s relatively high growth levels and the opportunities, the UAE would naturally feel “it had to be present”, helped by the geographical loca¬tions.
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Jan 2016 : Society Interiors
The office of Radius Developers in Mumbai has smart and innovative interiors designed to match the company's young and upcoming profile.

Buildings serve people; this phrase is self-explanatory and assertive; similarly modern architecture signifies corporate cultures, international styles development and progress. One building that is making its presence felt in Mumbai is One BKC.
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Jan 2016 : Interiors India
Radius Developers'new office in Mumbai is designed to bring in international standards that inspire collaboration, infuse creativity and increase productivity.

Situated in the nerve centre of the Bandra Kurla Complex (BKC), Radius at ONE BKC finds itself at the power axis of commercial centres.
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Jan 2016 : Design Matrix
Radius is among the young entrants in Mumbai's real estate, with an endeavour to create its niche as a dynamic and vibrant luxury real estate developer that pushes the boundaries of architecture, design and engineering.

Its Vision is to re-define the city with iconic designs, to create spaces that match the pulse of the new age buyer and to achieve excellence in everything it does.
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Jan 26 2016: Investors bet big on commercial property

Ashish Trivedi, 38, belongs to a family that has been investing in the country’s property markets, mostly residential, for the last 20 years. Trivedi, partner with a diamond exports firm.
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Jan 19 2015: Office space vacancy hits 5-yr low

"That commercial demand is on an upswing in Mumbai is fairly established now given the robust uptake in Bandra Kurla Complex." says Ashish Shah, COO, Radius Developers.
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Jan 13 2015: Realtors, land owners pin hope on joint development.

At a time when both investors and banks are wary of pumping money into real estate, developers are reaching out to each other to form joint ventures and partnerships, to sell upcoming projects.
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Jan 12 2016 : The Times of India (Mumbai)
Amazon India takes up 30,000 sq ft in BKC for its first office in Mumbai.

Amazon India, the e-tailing giant has taken over 30,000 sqft on lease at OneBKC in the city's commercial hub.
This is its first entry into Mumbai and the facility will house its seller services and bring it closer to one of the largest markets in country. Market sources said the deal is for five years with average rentals around Rs 280 per sqft per month. Read more

More Coverage On: Business Standard, The Hindu

Rising demand for compact offices catches eye of premium developers

Transactions involving small office spaces make up about 25% of office space transactions in the country this year, as against 19.75% last year.
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More Article: The Hindu

Developers look at JV route to tap stressed projects

Developers say opportunities for stressed assets went up 50-60 per cent this year
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Dec 6 2015 : The Times of India (Mumbai)
Harshaali Malhotra, Darsheel Safary, Avneet Kaur add spark to Mumbai Juniorthon

Young actors Harshaali Malhotra, Darsheel Safary and Avneet Kaur added fun and spark to the Mumbai Juniorthon at Bandra-Kurla Complex here on Sunday.
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More Coverage On: Zee News  |   Yahoo  |   Indian Express   |   World News Network

Sep 10 2015 : The Times of India (Mumbai)
Facebook leases 22,000 sq ft at BKC for India ops

Bandra-Kurla Complex (BKC) has emerged as a prime destination among global firms for their India headquarters. Now, Facebook, the online social networking service with more than one billion users, will set up its India corporate office in this commercial business district.
It has just concluded a deal to take on lease 22,000 square feet on the seventh floor of One BKC, a commercial tower controlled by Radius Developers.
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Mar 12 2015 : The Times of India (Mumbai)
Two mega lease deals warm up slow market, Companies Rent 2.5 Lakh Sq Ft In BKC & Powai

Two recent big ticket deals show the city's commercial lease market seems to be firming up after last year's slowdown.

In perhaps the first large office lease deal of 2015, real estate portal Housing.com has taken on lease 1.5 lakh sq ft spread over two buildings in Hiranandani Complex, Powai.In the other transaction, Trafigura, a global commodity trading and logistics firm, will expand its presence in the Bandra-Kurla Complex (BKC). It will occupy 1 lakh sq ft on the 10th and 11th floors of One BKC, a commercial tower owned by Radius Developers.
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Oct 07 2014 : The Times of India (Mumbai)
Nariman Point loses another big office to BKC

After residing in Nariman Point's Express Towers for over three decades, Bank of America is shifting its India headquarters to the BandraKurla Complex (BKC), marking another milestone in the steady movement of businesses to the suburbs.
The multinational bank has signed a letter of intent with Sanjay Chhabria of Radius Developers to take on lease 1.30 lakh sq ft in OneBKC, a brand new commercial tower in BKC.It will occupy floors 16, 17, 18 and 19 of the building once it moves in next year.
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