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Radius in the News

Radius in the News

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The Old World Charm of Mazgaon

Ashish Shah, COO, Radius Developers, writes about the old world charm and bright future of Mazgaon in Mumbai.
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Radius Developers - Economic Times Logo

Area Watch - Suburban Calling

Ashish Shah, COO, Radius Developers, talks about the boost in real estate demand in the suburbs. Read on for a glimpse at why Mumbai's suburbs are in the limelight yet again
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Setback for home buyers

Narendra Modi government’s affordable housing push hits high land costs hurdle
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Mazgaon, the new bayside address

Ashish Shah, COO, Radius Developers, talks about the sought-after bay-side living concept and Mazgaon's role in bringing the same to Mumbai.
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Experts Speak: Union Budget 2017-18 Impact on Real Estate

Ashish Shah, COO, Radius Developers, talks about how giving affordable housing Infrastructure status and the tax relief have paved the way for a positive change in the real estate industry.
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LTCG tax sop aims to improve realty transactions

The Long Term Capital Gains tax benefit reform in the Budget 2017-18 is expected to have far-reaching benefits on the real estate sector, for developers signing JDAs as well as individuals.
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Experts predict domestic & international demand for commercial spaces in Mumbai

Experts predict high attention from international and domestic players in the Mumbai commercial real estate market. Ashish Shah, COO, Radius Developers, talks about why commercial spaces are a must in any investment portfolio.
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The Real Estate Industry Reacts to Budget 2017-18

Ashish Shah, COO, Radius Developers, provides his inputs on the Budget 2017-18 provisions for the real estate industry.
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Tax relief may spur joint developments in real estate

Ashish Shah, COO, Radius Developers, talks about how the proposal will aide developers and thus customers in the form of better deals and pricing.
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More land parcels for development through joint agreements

The Budget proposal for 2017-18 will ameliorate the hindrances in unlocking more land parcels for development. Ashish Shah, COO, Radius Developers discusses with The Economic Times.
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Housing for All’ is no longer just a vision

Ashish Shah, COO, Radius, talks to 99acres about the Union Budget 2017-18 and its impact on the real estate industry.
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Union Budget 2017-18: A much needed relief to the real estate sector

Ashish Shah, COO shares his ideas on the positive effect of the Union Budget 2017-18 on the nation and the real estate industry.
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Property developers falling in line with new stringent realty law

The new realty law has stringent provisions, including imprisonment of as many as three years or heavy fines
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Real estate to emerge stronger in 2017

2017 is set to see real estate emerge as a much stronger asset class, with the industry getting a significant boost from 2016's landmark reforms.
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Office rentals set to peak across top cities

Ashish Shah, COO, Radius Developers, shares his views with Hindu Business Line about the expected rental surge in commercial properties - as much as 5-10% due to limited supply
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Harish Thawani to launch the Indus Club at One BKC

Nimbus Communications founder Harish Thawani will soon launch the Indus Club at One BKC as an exclusive offering for ultra-high net worth individuals, complete with meeting rooms, private offices, indoor golf, gym, spa, fine dining and more. The club is set to be functional from 1st April '17, and will expand into other cities soon
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Why renters sh​​ould turn property buyers soon

The reduction in home loan lending rates, the recent interest subvention announcement on home loans and other favourable policies have brought the real estate industry to its most lucrative point yet.
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Why it’s the right time to buy a home

Demonetisation, RERA, additional interest deductions and more have set the stage for real estate buying this year. Mr. Ashish Shah, COO, Radius, talks about how the home buying ecosystem has improved tremendously.
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Realty 2017 – What’s in store?

The Indian real estate sector is on the cusp of a change. Mr. Sanjay Chhabria, MD, Radius Developers, gives us his inputs and expectations from the Government in this new year.
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Chembur: From industrial suburb to a prime property market

Chembur is known for its excellent connectivity &modern infrastructure and is one of the best residential areas to invest in, points out Ashish Shah, COO of Radius Developers.
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Land Deals Plunge; Experts Weigh In

Ashish Shah, COO at Radius Developers, provides his input on the industry change and the JDA model's contribution to it.
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Superstars Come Together for Mumbai's Largest Juniorthon

The Juniorthon, presented by Radius Developers, was a big hit with children between 6-15yrs participating and celebrities such as Tara Sharma, Karan Mehra and Jay Soni supporting the event.
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The ultra-prestigious Indus Club is now coming to ONE BKC

India’s private, invite-only community of achievers from the worlds of business,media, cinema advertising, and many other industries, is now opening its doors at Radius ONE BKC.
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The impact of demonetisation on real estate

Ashish Shah, COO, weighs in on the impact of the recent demonetisation on real estate prices, and what it means for Radius Developers.
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When small turns big for real estate players

With inventory pile up in the real estate sector hitting record levels, developers seem to be favouring smaller units to whet the appetite of buyers.
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Asia's largest Bollywood Music Festival with top artists announced!

Ashish Shah, COO, Radius, talks about the brand's association with Bollywood Music Project - and why the music festival is in sync with the Radius brand vision.
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Mumbai leads residential realty revival

Sales volume in the residential sector seems to have recovered significantly after the slump in the last two years. As Mumbai leads the upward trend, Ashish Shah, COO, Radius,​​ gives inputs on how the brand has set the tone for the change.
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The new trend in real estate

Developers team up as JVs help reduce the stress on residential development! Ashish Shah, COO, Radius, provides his inputs
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Recognizing those who have contributed to building an image for India

Radius Developers presented a gala dinner called the “Building India Excellence Awards, 2016” to recognize the contributions made by South Asian individuals and organizations who have worked relentlessly in last five decades to build the name and image of India in United States
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May 23, 2016: Mumbai's luxury apartments remain unsold

The inventory of luxury apartments in Mumbai remains high, with numerous developers providing altering strategies to push sales. Ashish Shah, COO at Radius Developers, provides efficient solutions to combat the situation.
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May 20 2016: Office rentals on the rise

A rise in demand for office spaces, coupled with shortage of new supply, has pushed up office rentals in key markets. Ashish Shah, COO, Radius Developers, provides his inputs.
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May 9 2016: Radius Widens Footprint

"Radius is developing 12.5 million sq.ft. of properties in the city and its suburbs, across some 15 projects. As the company takes on Mumbai's real estate market, Business Standard talks strategy with Sanjay Chhabria, MD, and industry experts."
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International News

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April 26 2016: Radius Developers and Deserve Builders launched an integrated township on 15 April 2016 - Project Central Park - spread across 40 acres in Chembur.

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More News On: Daily Herald, Boston Globe , India Today , Pacific Business News

Domestic News

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April 18 2016: Radius Developers and Deserve Builders join hands to develop a contour-living 40 acre township in the heart of Mumbai.

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More News On: Business Today India, News Live 7 , News Live 7 , NextBigWhat

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31 March 2016
FDI in e-commerce: demand for office space to go up

With the government announcing 100 per cent FDI in e-commerce category, office and warehousing space is likely to witness a spurt in activity. Industry watchers and developers note that ecommerce companies will fuel demand in top four metros besides cities like Pune and Hyderabad for its proximity to provide quality skilled professionals.
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Radius Developers - Live Mint

18 March 2016
Cash-starved developers tie up with bigger rivals to fund projects

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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6 March 2016: Developers react to buyer's budgets, making smaller homes in metropolitan cities an achievable dream.


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Radius Developers - Live Mint

5 March 2016: As sales in the affordable housing segment surge, Livemint talks to to real estate leaders and experts about the shift in the market.

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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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Radius Developers - Society Interiors

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

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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

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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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