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Consumer Connect Senior Living, Association of Senior Living in India, ASLI, Senior Living in India, Senior Housing in India, Assisted Living in India, Senior Citizens, Senior Care, Senior Housing Report, Senior Housing Market, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalists, Best Real Estate Website, Best Property Portal
Indian senior living market potential to touch USD 12 billion by 2030

The median age of the country is likely to gradually increase from about 29 to 38 by 2050. Similarly, the proportion of aged people (above 60 years) is likely to increase from about 11% in 2024 to 21% in 2050. At the global level, over the next three decades (by 2050), of the 2.1 billion people above 60 years, India would account for a 17% share indicating a significant demand growth for senior care including housing in the country.

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Company News Fractional Ownership, Fractional Ownership in India, Fractional Ownership Market, Fractional Ownership ROI, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalist, Ravi Sinha
hBits expands its footprint with its foray in Pune, acquires Grade A commercial property in CyberCity Magarpatta

hBits, a fractional ownership platform, has marked its entry in the second largest city of Maharashtra with the acquisition of the 44,328 square feet campus – CyberCity Magarpatta. A city within a city, the campus houses a commercial zone, a shopping mall, multiple restaurants, two schools, residential neighborhoods, a gymkhana as well as a large 25-acre serene park.  Through this asset, hBits aims to create an investment opportunity worth INR 55 crore, thus democratizing access to Grade A commercial real estate for investors. 

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Headlines Festivals, Festival Buying, Property Festival Sales, Festival Property Buying, Property Sales Offers, Indian Real Estate News, Indian Realty News, Indian Property Market
Optimism on the surface this festive season eve

Indian real estate has historically been very optimistic on the eve of every festive season. The post festive season sales number may not back the pre-festive bullishness, but the sector has been known to be hoping to make merry year after year. After all, real estate is a sentiment driven business and the stakeholders try best to create an ambience of positivity to bring the fence sitting buyers back to the market, often with festive discounts and freebies.

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Headlines Cost Escalation, Real Estate Input Cost, Real Estate Returns, Home Price Hike, Quality of Housing, Indian Real Estate News, Indian Realty News, Indian Property Market
Indian developers’ catch 22 with compromise quality or escalate cost

The input cost escalation has indeed brought the catch 22 situation for the real estate developers in this part of the world. As per the industry estimates, the input cost of various construction raw materials has surged from 20-35 per cent in the last 12-18 months. The property prices in the proportional ratio have not increased and in most of the micro markets across India the prices during the said period are at a standstill.

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Headlines USA Housing Market
US Housing Market slowdown a worry for India?

The report of an impending housing recession in the US housing market is a worrying factor for a section of analysts in India. As per the reports coming out of the US market, the pricing remains firm but the sales have slowed down. As per a report by the NAR (National Association of Realtors), the home sales have slowed down for six consecutive months in July. Track2Realty reports.

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Commercial CBD Office, CBD, PBD, Commercial Property Returns, Real Estate ROI, Real Estate Returns, Retail Spaces, Office Spaces
ROI with commercial spaces of CBDs changing

Should businesses continue to operate out of old jaded buildings at the heart of the city? Is it more convenient for the commercial activities to move to the upscale swanky offices on the periphery locations where the cost of doing business per square feet is much lesser? Is ‘Walk to Work’ only a city center reality across the urban pockets? These are the subjects of serious discussions across the built environment of commercial real estate world over, finds Track2Realty.

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Headlines Construction Workers, May Day, International Labour Day, Labour Shortage, Labour Crisis, Labour Wages, Cost of Labour, Masonry, Carpenters
Will Labour Day be any different this year?

Shankar Mishra is a masonry worker at a construction site in Bengaluru. During the peak of the Covid-19, he was one among the thousands of workers who had no other option but to reverse migrate facing all odds. He thought at that point of time that his career as a mason worker was over. However, he had the surprise of his lifetime when the developer’s construction manager called him back and even offered to send a flight ticket for the same. Track2Realty traces the labour condition post the pandemic.

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Headlines Unsold Housing, Ravi Sinha, Demand Supply Mismatch, Housing Crisis, Puravankara, Abhishek Kapoor, Axis Ecorp, Aditya Kushwaha
Unsold ready to move inventory poses greatest threat to realty

Isn’t it ironic that in a housing market like India where the predominant demand is for ready to move houses, this segment too has a record unsold inventory standing. As per the statistics, out of the total 7.85 lakh unsold inventory, nearly 20 per cent are ready to move. Mind you! We are only talking about the top 8 cities of India. A cumulative figure of pan-India unsold ready to move housi9ng inventory would look even more scary.

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