20 - 10 - 2020

CREDAI Bengal Daily News Update | 20.10.20

CBRE India eyes 20 per cent growth in property, facilities

management business this year

CBRE India currently manages more than 390 million square feet area under its facility

management and property management business vertical. Under property management

(PM), it has around 240 million sq ft area, including more than 150 commercial

establishments and 80 + residential buildings.

Real estate consultant CBRE India is expecting at least 20 per cent growth in its facilities

and property management vertical this year despite COVID-19 pandemic and is targeting

residential complexes and SMEs for new businesses, a senior company official said. To help

small and medium enterprises (SMEs) in maintaining their properties as per the global standards,

CBRE recently launched a platform 'FM compass'

CBRE India currently manages more than 390 million square feet area under its facility

management and property management business vertical.

Under property management (PM), it has around 240 million sq ft area, including more than 150

commercial establishments and 80 + residential buildings.

For Facilities Management (FM), it is covering more than 150 million sq ft area, working with

around 335 clients and taking care of 240 buildings across 20 cities.

"At CBRE, we are witnessing a growing demand for facility and property management services.

With safety and wellness taking centre stage, organisations are investing more in the health and

well-being of their people," said Rajesh Pandit, Managing Director, Global Workplace Solutions,

India and Property Management, India, Middle East and North Africa, CBRE.

Through the support of its large workforce both direct and indirect as well as the use of latest

technologies, he said the company is providing various customised solutions to clients in

managing their properties.

Pandit said the bulk of the business in the PM-FM vertical currently comes from commercial

properties, but the need for professional service is growing in the housing societies.

"As residential complexes have now started outsourcing, this segment is expected to become

bigger in the coming days. People are becoming aware of the benefits offered by organised FM

players and in future more business is expected from this segment," Pandit told .

Asked about the growth, he said it will be at least 20 per cent.

Newspaper/Online Economic Times ( online )

Date October 19, 2020

Link https://economictimes.indiatimes.com/industry/services/property-/-cstruction/cbre-india-eyes-20-per-cent-growth-in-property-facilities-management-business-this-year/articleshow/78748375.cms

Pandit said the PM-FM vertical has a significant contribution in CBRE India total revenue, but

did not disclose the number.

On the new services for Micro, Small and Medium Enterprises, he said: "With the launch of the

CBRE FM compass, we are bringing to the market an exclusive offering which will cover a large

section of MSMEs currently not benefitting from outsourced FM operations and will bring them

under the ambit of professional FM services of global standards."

_______________________________________________________

Property registrations in Delhi cross pre-Covid-19 levels in

September

According to a Noida revenue department official, revenue collected from property

registrations in September 2020 was Rs 130.48 crore against Rs 170.61 crore in September

last year.

Property registrations in Delhi have crossed the pre-Covid-19 levels in September with the

government collecting Rs 284.59 crore in September 2020 compared to Rs 277.41 crore in

September 2019, as per the government records.

The other two NCR markets, Noida and Gurugram, are also showing signs of recovery.

In Noida, the property registrations have reached 80% of the pre-Covid level and are expected to

reach pre-Covid-19 levels during the upcoming festive season.

However, the number of property registered in Gurugram in September 2020 was 25% of last

year, largely due to server updation issues following a corruption case in the Haryana revenue

department, which slowed down the process.

“We anticipate housing sales in NCR to increase anywhere between 30-35% in the ongoing

festive quarter against Q3 2020, which saw nearly 5,200 homes sold. Buyers are focused on

securing the best deals,” said Santhosh Kumar, Vice Chairman - ANAROCK Property

Consultants.

According to a Noida revenue department official, revenue collected from property registrations

in September 2020 was Rs 130.48 crore against Rs 170.61 crore in September last year.

“We are witnessing growth every month. In August 2020, revenue collection was Rs 110 cr

against Rs 138.14 cr last year while in July this year the collection was Rs 96.18 crore against Rs

173 cr last year,” said the official.

In Delhi, revenue collection stood at Rs 262.86 crore in July 2020, Rs 283.11 cr in August 2020

and Rs 284.59 cr in September.

This was against Rs 445.9 cr in July, Rs 375.67 cr in August and Rs 277.41 cr in September last

year.

“Buyer preference post the pandemic lockdowns has shifted towards lower ticket sizes without a

compromise on the desired unit size. As the Delhi NCR market is huge geographically, home

seekers are being able to find desired unit sizes despite spending lesser by moving out to the many

flourishing peripheral markets around Gurgaon, Noida and Greater Noida, to name a few,” said

Newspaper/Online ET Realty ( online )

Date October 20, 2020

Link https://realty.economictimes.indiatimes.com/news/industry/property-registrations-in-delhi-cross-pre-covid-19-levels-in-september/78760943

Rahul Purohit - Principal Partner & Head National Sales, Square Yards.

“This availability of immense choices is a trait of the Delhi NCR market which most other

property markets in India cannot match. This is also one of the core reasons for its quick

recovery,” Purohit added.

In Gurugram, revenue collection during the July-Sep quarter was Rs 90 against Rs 700 crore

during the same period last year.

Officials said that the government had decided to update the software to check the corruption and

the offices were working at one third capacity most of the time.

“Ongoing innovative offers by developers including financial benefits and flexi-payment

schemes coupled with prevailing lowest-ever home loan interest rates are a major attraction for

homebuyers in NCR. Most of these buyers are end-users who are looking to buy for self-use,”

Kumar of Anarock said.

Amidst these offers and schemes, Delhi-NCR saw housing sales jump up to 5,200 units - a

whopping 148% - in Q3 2020 against the preceding quarter.

________________________________________________________________

Delhi metro to offer 2 lakh sq ft commercial space at two stations

DMRC has invited tenders for leasing of approximately 9563 sqm area at Karkarduma

metro station of Pink line for commercial development. The successful bidder will be offered

the space for 15 years.

The Delhi metro rail corporation (DMRC) will monetise about 2 lakh sq ft at Karkarduma and

Anand Vihar metro stations in a bid to increase revenue, which has been hit badly due to Covid

19.

DMRC has invited tenders for leasing of approximately 9563 sqm area at Karkarduma metro

station of Pink line for commercial development.

The successful bidder will be offered the space for 15 years.

“The Karkarduma station is an interchange station between Blue and Pink lines of the Delhi

Metro network. The station lies in proximity of the Karkarduma District Court Complex,” said a

DMRC official.

DMRC has planned commercial development at Karkarduma station along with operating

facilities for commuters.

The space on first, second and third floor of the station is proposed to be leased out for specified

purposes like retail, organised commercial space, office space and banks.

“The project site has an excellent opportunity to become important commercial hub within this

locality. With separate access being available for the commercial areas and parking space,

prominent and spacious frontage, and a captive commuter base, this area will present unique

opportunities for retailers,” the official added.

The corporation has approximately 8600 sqm area at Anand Vihar metro station of Blue line.

The station is located in area having huge transport hub with Metro connectivity of Pink and Blue

line, Railway and ISBT.

“The area has adequate presence of social and physical infrastructure facilities and amenities such

as educational institutes, hospitals and nursing homes, entertainment facilities and other facilities

such as Karkarduma Court, Yamuna Vihar Sports complex along with Railway and ISBT,” the

DMRC official said.

Newspaper/Online ET Realty ( online )

Date October 20, 2020

Link https://realty.economictimes.indiatimes.com/news/commercial/delhi-metro-to-offer-2-lakh-sq-ft-commercial-space-at-two-stations/78760970

The area has been divided by DMRC in 2 packages with Package 1 for area of 1130 sqm at

concourse level and Package 2 for area of 7470 sqm at ground level and first floor level.

The tender for package 1 has already been invited. Tender for package 2 is scheduled to be invited

in the next month.

“Both the areas at Karkarduma and Anand vihar have adequate provision for vehicular parking

and shall be leased for a lease period of 15 years and rent free moratorium period ranging from 6

months to 12 months,” the official said.

________________________________________________________________

How Noida is battling dust clouds as construction norms go for a

toss

The Noida Authority and private developers lost the crucial lockdown months in carrying

out construction when traffic on the roads was minimal. But availability of workforce was

indeed a challenge.

A rapid rise in construction activity across Noida and Greater Noida has shrouded the city with a

blanket of dust. And the residents are at the receiving end of it

The Noida Authority and private developers lost the crucial lockdown months in carrying out

construction when traffic on the roads was minimal. But availability of workforce was indeed a

challenge.

Now, despite the graded response action plan (GRAP) being in force in the city, builders are

carrying out construction at a massive scale to make up for the lost time.

Although they have been asked to install smog guns to control the dust around construction sites,

other basic norms such as keeping the material covered and sprinkling water at the sites are being

increasingly overlooked.

The result is that residents who now have to step out for work are reeling from problems such as

headache, skin rashes and nausea. “We don’t know about the regulations, but with so much dust,

we are taking a steam bath twice a day. The dust, which is largely from uncovered construction

material in the 7x sectors, is affecting our lives. The authorities should first clean the roads before

imposing a ban on gensets,” said Amit Gupta, a resident.

Manish Kumar from Noida Extension said his children were complaining about headaches every

day. “This is all because of dust pollution in our area. We had washed the statues here all by

ourselves and have been trying to be as proactive as possible, but that’s not enough. Smog guns

have been installed by some builders, but they are hardly operating,” he added.

The claims by the residents are not unfounded. As TOI took a tour of the city between 11am and

1pm on Sunday, piles of dug up mud and construction material were visible at several places,

throwing up a cloud of dust.

In Sector 76, a pile of mud lay in the open along a drain being constructed by the Noida Authority.

In Sector 74, a boundary wall being built by the Authority’s contractors had construction material

lying uncovered beside it. In Sector 78, a stretch of road that had been watered had already dried

Newspaper/Online ET Realty ( online )

Date October 19, 2020

Link https://realty.economictimes.indiatimes.com/news/industry/how-noida-is-battling-dust-clouds-as-construction-norms-go-for-a-toss/78742055

up and turned into a dust bowl.

“It takes about two hours for the entire stretch to dry up after the tanker leaves,” said Ramesh, a

roadside stall owner. Heaps of broken bricks and mud piles were lined up in Sector 72, where an

excavator was working on the stretch of a road.

In Noida Extension, a lane near Gaur City was shrouded in dust even after it had been sprinkled

with water. In front of Galaxy Plaza, manual sweeping was only making matters worse — a smog

gun running in front of a mall on the same stretch appeared of little help.

Parthala Chowk, which was dubbed the most polluted area in Noida in a recent study, was visibly

less polluted on Sunday. But the top cover of the roundabout, which was supposed to be an open

green patch, was dry with neither concrete cover nor vegetation.

Avinash Tripathi, officer on special duty at the Noida Authority, said sweeping and sprinkling

were both being conducted frequently. “We are following all EPCA guidelines for dust control,”

he added.

Praveen Kumar, regional officer of UP Pollution Control Board, said, “We have gone around the

city and ordered contractors to cover construction material. We have issued fines when needed.

All large construction sites have smog guns. We are being vigilant.”

________________________________________________________________

East Delhi civic body gets green approval for raising capacity of

C&D waste plant

Though EDMC has started dumping 700 tonne C&D waste at the plant every day, it is

waiting for the concessionaire operating the plant to augment its capacity.

To speed up the process of recycling construction and demolition (C&D) waste, East Delhi

Municipal Corporation (EDMC) has obtained a permission from Delhi Pollution Control

Committee increase the capacity of its plant in Shastri Park.

The plant, inaugurated in 2016, can now daily process and recycle up to 1,000 tonnes of waste in

comparison to 500 tonnes earlier. Though EDMC has started dumping 700 tonne C&D waste at

the plant every day, it is waiting for the concessionaire operating the plant to augment its capacity.

The permission was granted in March, but the process got delayed due to Covid-19 and some

financial issues within the company, said a civic official. “We are expecting that the company

will start making by-products in large quantities from December,” he added.

Since 2016, EDMC claimed to have dumped at least eight lakh tonne waste, collected from 54

spots, at the 2.5-acre plant. “Of this, at least 1.7 lakh tonne was recycled to make by-products

such as bricks and were supplied to construction sites of various government departments. The

rest was also processed and utilised for other purposes,” the official said. Around 1 lakh tonne

C&D waste is now lying at the plant and EDMC expects to clear all waste in one year after

augmenting the capacity.

“Once the backlog is cleared, we will get enough space to stock by-products such as tiles. There

is a plan to operate the plant in double shifts,” the official added. Due to lack of space for

processing plants, the capital can process only 3,150 tonnes of the 6,500 tonne C&D waste

produced every day.

________________________________________________________________

Newspaper/Online ET Realty ( online )

Date October 19, 2020

Link https://realty.economictimes.indiatimes.com/news/infrastructure/east-delhi-civic-body-gets-green-approval-for-raising-capacity-of-cd-waste-plant/78742256

Energy conservation code must for commercial buildings in

Andhra Pradesh

The municipal administration and urban development (MAUD) department issued GO 180

amending the AP Building Rules 2017, making compliance to APECBC mandatory for

commercial buildings.

The state government has recently issued orders making the Andhra Pradesh Energy

Conservation Building Code (APECBC) mandatory to get building approvals for commercial and

non-residential buildings with a plot area of 1,000 square meters or built up area of 2,000 square

meters.

The municipal administration and urban development (MAUD) department issued GO 180

amending the AP Building Rules 2017, making compliance to APECBC mandatory for

commercial buildings.

Compliance with ECBC has been integrated in Development Permission Management System

(DPMS) for building approvals, which effectively means that building approvals will only be

given if designs are in compliance with the code. Hotels, multiplexes, hospitals and convention

centres must adhere to ECBC irrespective of their built up area.

The energy department has empanelled 34 Third Party Assessors (TPAs) across the state to check

compliance with ECBC at the design and occupancy stages in upcoming commercial buildings.

The Administrative Staff College of India (ASCI) along with AP Energy Conservation Mission

(APSECM) recently conducted a webinar for officials of urban local bodies to explain the process

of implementation of ECBC.

secretary of MAUD J Syamala Rao said the ECBC provides present as well as futuristic

advancements in building technology and will save energy consumption as well as reduce

greenhouse gases emission. Implementation of ECBC will be supervised by director of town

planning V Ramudu.

Secretary of the energy department Srikant Nagulapalli said implementation of ECBC is a

significant development in energy and building sectors. He observed that the energy demand in

commercial buildings presently stands at 3,117 million units and with the effective

implementation of ECBC, this demand can be reduced by about 30%.

Director of Bureau of Energy Efficiency (BEE), Saurabh Diddhi said AP is the third state in the

country to make ECBC compliance a mandatory. The move will be a major step in making the

Newspaper/Online ET Realty ( online )

Date October 19, 2020

Link https://realty.economictimes.indiatimes.com/news/commercial/energy-conservation-code-must-for-commercial-buildings-in-andhra-pradesh/78742093

state energy-efficient, Diddhi said.

The Union ministry of power-led Bureau of Energy Efficiency (BEE) has introduced the ECBC

in commercial and non-residential buildings with the objective to ensure construction of energy-

efficient buildings with reduced electrical energy by 30 to 40%. ECBC can reduce electricity bills

for building owners, apart from environmental benefits and help improve living standards of

people.

________________________________________________________________

Ahmedabad: Popular Builders accused of forgery and land-

grabbing

In her FIR with Vastrapur police, Chanchal Brahmbhatt, resident of Samarpan Wing in

Borivali (east), states that her father’s ancestral property was transferred to four members

of her family including her two sisters and her mother in 1986.

A woman,82, from Borivali in Mumbai, filed a complaint of cheating and forgery on Saturday

against Popular Builders’ promoter Raman Patel and his eight family members for allegedly

capturing two land pieces measuring 4,452 square metres and 6,070 square metres in Thaltej by

forging a power of attorney.

Newspaper/Online ET Realty ( online )

Date October 19, 2020

Link https://realty.economictimes.indiatimes.com/news/industry/ahmedabad-popular-builders-accused-of-forgery-and-land-grabbing/78742168

Apart from Raman, his brother Dashrath Patel and wife Mayurika Patel have also been made

accused in the case.

In her FIR with Vastrapur police, Chanchal Brahmbhatt, resident of Samarpan Wing in Borivali

(east), states that her father’s ancestral property was transferred to four members of her family

including her two sisters and her mother in 1986.

As Brhambhatt stayed in Mumbai and she had rarely come to enquire about her ancestral property

in Thaltej area, which was agricultural land, Raman and other allegedly conspired and grabbed

the property.

She said that Raman had floated a cooperative group called Saraswati Smruti Kheti Sahkari

Mandali which they got registered with district registrar using his links and later grabbed the

agricultural land owned by Brahmbhatt in June 2016.

Later, Raman floated Saranga Cooperative Housing Society Limited in Thaltej and the same land

was transferred to that society. She alleged that Raman, who was never a farmer, first grabbed

her agricultural land and then used it for construction by fraudulent practice.

She said that she had come to know about the forgery two years ago and she had sent her sister

to inquire about it and she came to know that Raman and his family members grabbed the land

by criminal conspiracy. Brahmbhatt said that she had never given any power of attorney to anyone

including Raman. She also stated that if Raman can grab the land of an elderly woman like her,

he might have grabbed the lands of other helpless persons also.

Vastrapur police registered a case of cheating and forgery along with other relevant charges under

IPC against Raman and eight others and began an investigation.

________________________________________________________________

About 1,000 guesthouses on colony roads in Gurugram face sealing

in two weeks

DTCP has started preparing a list of guesthouses that are built on internal roads within

licenced colonies. Over the next two weeks, these guesthouses would either be sealed or their

certificates cancelled.

Around 1,000 guesthouses in the city that are either built on internal roads or on plots measuring

less than 500 square yards are likely to be sealed this month. These facilities do not comply with

the recently amended guesthouse policy.

The department of town and country planning (DTCP) has started preparing a list of guesthouses

that are built on internal roads within licenced colonies. Over the next two weeks, these

guesthouses would either be sealed or their certificates cancelled.

According to a recent amendment to the policy, guesthouses can only be allowed on plots that

measure between 500 and 1,500 square yards. They must be on sector or main roads and not along

internal pathways. District town planner RS Batth said the department was preparing for the drive

against guesthouses along internal roads of colonies. “Most of these facilities are situated in areas

like DLF, Sushant Lok 1 and South City 1 and 2. We already had details of most of them. But the

department is updating on the list after the recent amendment to the policy,” he added.

Sources in DTCP said at least 50 guesthouses could be sealed every day over the next two weeks.

These facilities have been served several notices in the past, they added.

Meanwhile, owners of guesthouses developed on smaller plots demanded that the policy be

amended again so that they, too, can be included. “Small plot owners like us are being deprived

of business opportunities like this. We have requested the DTCP to look into our demands,” said

the owner of a guesthouse.

Sheetal Agarwal, another guesthouse owner, said the policy had helped only a few facilities in

the city. “If our demand of including smaller plots in the policy is factored in by the state

government, around 25% guesthouse owners will benefit from it,” Agarwal said. According to

him, a majority of the 2,00-odd guesthouses in the city stand to lose according to the current

policy.

________________________________________________________________

Newspaper/Online ET Realty ( online )

Date October 19, 2020

Link https://realty.economictimes.indiatimes.com/news/residential/about-1000-guesthouses-on-colony-roads-in-gurugram-face-sealing-in-two-weeks/78742203

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