Author Track2Realty

Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless. Now you can subscribe our YouTube Channel @ https://www.youtube.com/channel/UClwlWQn4MUB7uVbQKsNEJzg

Market Rating Chennai City, Chennai Real Estate, Chennai Property Market, Chennai New Launches, Investment in Chennai, Chennai Global Competitiveness, Chennai Global Rank, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Chennai among global dynamic city

Is there something in the very DNA of the city that makes every global forecast refer Chennai as the future city on the global map? Analysts believe Chennai is not only the capital city of Tamil Nadu but is also the largest industrial and commercial centre in South India. The Greater Chennai Corporation (GCC) is the flagship Urban Local Body in the Chennai Metropolitan Area (CMA). The Greater Chennai Corporation (GCC) is the oldest municipal Institution in India.

Editorial Retail Store, Malls, Commercial Real Estate, Commercial Property, PE in Commercial Real Estate, Private Equity in Commercial Property, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Private Equity still votes for commercial real estate

Various Government-driven policies including ease of doing business in India are attracting both Indian and global companies, squarely benefiting commercial real estate. Big-bang boosters like the start-up revolution and the Make in India and Smart Cities missions have created a very lucrative environment for businesses to work and expand in India.

Reports Singapore Investment in India, Singapore Private Investment, Singapore PE Funds, GIC Singapore, Ascendas Singapore, Singapore Xander Finance, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Real Estate

Singapore PE into Indian real estate triples in last 2 years

Singapore investors are betting big on Indian commercial real estate and other new sunshine sectors, including logistics and warehousing. Major Singapore-based private equity firms are funnelling billions of dollars into the country’s real estate sector, particularly in South Indian cities.

Company News

ATS Group ventures into PMC to complete Logix projects

ATS PMC along with the Logix group will be in discussion with UP RERA, Noida Authority, financial institutions and other stake-holders including buyers to develop a mechanism so that the construction can be expedited and completed smoothly without any legal or financial liability obstructing this effort.

Company News Square Yards, Square Yards in Gulf, Proptech Firms, NRI Buyers in Gulf, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Square Yards expands its footprints in Gulf region

The company plans to increase its team strength in the Gulf to 500 and is targeting a Gross Transaction Value of $600 mn. from its international business in 2019. It also plans to set up operations in Saudi Arabia in this calendar year.

Editorial Housing Delays, Project Delays, Delay in Home Delivery, Builder Buyer Conflict, Home Buyers Protest, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Post-election inheritance of 5.6 lakh stuck housing in top 7 cities

As per ANAROCK data, the top 7 cities currently have a total stock of 5.6 lakh delayed housing units worth a whopping INR 4,51,750 crore. These units were launched either in 2013 or before that. Lakhs of buyers across top cities – particularly MMR and NCR – have been left in limbo, leading to inconceivable mental stress and financial pain.

Reports Real Estate Professionals, Real Estate Employment, Real Estate Jobs, Real Estate Work Culture, Real Estate Talent Retention, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market news, Investment in Real Estate

Real estate is employers’ market

The Indian real estate may not be attracting the best of talent, yet it is still not open to professional practices. Track2Realty survey finds that it is still the employers’ market and employees continue to crib a number of issues, including poorly structured compensation package.

Reports Office Space, Office Leasing, Commercial Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property, Colliers International Report

Gross leasing activity in India touched 11 million sq ft in Q1 2019: Colliers

Tech & IT-BPM sector accounted for the largest share at 38%. Flexible workspaces (co-working) has contributed close to 30% of office leasing. The demand for space was not only led for foreign players, but also home-grown operators who are rushing to capture a pie of this space. The absorption by flexi-operators will pick up pace in the wake of developers jumping onto the bandwagon.

Reports PE Investment in Real Estate, Private Equity Money in Indian Real Estate, Investment in Property Market, NRI Investment in Real Estate, Foreign Funds in Indian Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

PE inflows into Indian real estate have surpassed USD53 billion since 2008: Colliers

Investors are scouting for investment-ready assets in core office locations in Mumbai, Delhi-NCR, Bengaluru and Hyderabad, which together accounted for about 77% of the total leasing in 2018. We foresee higher investor interest for Greenfield projects in southern cities, especially Bengaluru and Hyderabad, which are witnessing pent-up demand in key office corridors.

Editorial Completion Certificate, Occupancy Certificate, Real Estate Project Delays, Housing Delays, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Housing project self-completion – far-fetched or viable?

The issue of stalled or delayed project is one of the major pain points of the Indian real estate sector currently. With buyers feeling the heat of delays, it is not surprising that some are now considering completing the projects themselves. This falls within the realm of possibility if the project in question has sufficient cash flows but is delayed for other reasons.

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