Tag: commercial real estate

Hike in Property Tax for Commercial Buildings

A revision in the property tax by 50 percent on the existing tax for the non-residential (commercial) properties has been proposed from the second half year of 2011. It was declared by the Greater Hyderabad Municipal Corporation (GHMC) that it…

Rise in Office Space Demand in Hyderabad

The demand for commercial office space witnessed an increase in Hyderabad and some other key property markets of the country. As per a report of a global property consultant, CB Richard Ellis, there has been 33% rise in office space…

Commercial Structures to Face Property Tax Hike

The Greater Hyderabad Municipal Corporation increased the property tax for commercial establishments of the city. The enhanced tax is supposed to convey about Rs. 250 crore additional revenue. The core area of the city alone may get about Rs. 115…

Tips for Renting Commercial Real Estate

Many people are hit with the entrepreneurial bug and start their own business. Here are some tips for leasing an office premises. This is not for retail business: Take at least a 5 year lease. If you are not sure…