Track2Realty Exclusive: Sales model in commercial office spaces that was only recently seen as an indicator of distress on part of the developers has, of late, turned out to be a smart business model by the MNCs. These multinational companies seem to have confidence in the Indian growth story and with long term plan they are investing into the purchase of these properties. Track2Realty Focus 2015 finds that it is not a distress sale of developers since the capital values and rental yields have both appreciated sharply in the last three years despite of impending slowdown. The shift of these commercial spaces beyond the IT/ITeS is the most significant trend.
Browsing: Investigation
Track2Realty Exclusive: Perhaps no other segment of Indian real estate would have taken as much beating as the retail one. With consumerism down due to overall slowdown in the economy, e-commerce emerging big to challenge the malls and the high streets back with innovations, it seems the mall developers had abosiltely no idea as to how to deal with the emerging market realities. Track2Realty Focus 2015 takes a look at how the promising retail in India could not benefit retail realty in its performance.
Track2Realty Exclusive: In the last few years a perception has gained ground within the built environment of Indian real estate that the environmental concerns are at loggerheads with the development. The collective consciousness seems to have believed that the real estate and infrastructure projects often compromise with the environmental concerns and to make a balance between the inevitable urbanisation and avoiding the natural erosion is not that easy.
Track2Realty: Knight Frank India in association with the Federation of Indian Chambers of Commerce & Industry (FICCI) has released the fifth set of findings of its flagship report – The Real Estate Sentiment Index for Q4 2014 October – December). The latest edition has captured the current sentiments of the supply side stakeholders, six months after the new government being elected to power.
Track2Realty-Agencies: Fair trade regulator CCI has rejected a plea alleging that real estate company BPTP abused its dominant market position with respect to a residential project in Gurgaon.
Track2Realty Exclusive: It has indeed been a busy year and 2014 can well be described as the year of roller coaster emotions where the business confidence index was exposed to two extreme ends of swing. In an otherwise flat year, the real estate sector may not have been witness to transactions on ground but the poetic engagement has definitely been at the emotional level.
Track2Realty Exclusive: 2014 was an eventful year for the commercial real estate market in India. The economic outlook in the first half of the year was uninspiring. Coupled with political uncertainty this resulted in investors and occupiers stalled making any real estate decisions. Business confidence was at its lowest. The sentiment changed dramatically in the second half post the national elections as it became clear that there would a ‘new’ stable government.
Track2Realty Exclusive: The built environment of Mumbai real estate for long has been busy with fixing the shortfall of the affordable housing. The debate has more often than not been centered on the three key processes that could lead to the availability of mass housing in a peninsular city where the availability of land remains the primary concern.
Track2Realty Exclusive: If consistent rental market is a tool to analyse the true growth potential of the given property market, then Pune is probably the most resilient market. Rental index is often used to assess the demand and supply indicators as and when there is an affordability issue borne out of macro-economic indicators.
Track2Realty: International property consultancy JLL India has structured an agreement for the development of a Senior Living project in Chennai between Ashiana Housing Limited and Escapade Real Estate. These two firms will enter in Joint Venture development for this project.