Search Results: real estate developer (2390)

Case Studies

Tier-II cities closing the gap with Top-8 as property prices surge by 10-15%

Soaring economic activity, infrastructure development, and reverse migration are driving double-digit property price appreciation in emerging urban centers of Tier-II cities, says “The Bharat India Report” by Housing.com. Housing.com, has released its inaugural “The Bharat in India” report that highlights remarkable growth trends in Tier-II city real estate markets across the country. It highlights how these once overlooked urban centers are rapidly closing the gap with their Tier-I counterparts. This growth is fuelled by economic diversification, rising consumer demand, and reverse migration patterns accelerated by the pandemic.

Reports India Warehousing, India Logistics, CREDAI-CRE Matrix Report, CREDAI, CRE Matrix, India Supply Chain, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

India’s Grade A warehousing sector to cross 300 million square feet by 2025: CREDAI-CRE Matrix Report

Owing to rapid industrial growth and the emergence of one of the fastest growing real estate segments in the country, India’s warehousing sector is set to cross the 300 million square feet (MSF) mark by 2025, according to a report jointly launched by CREDAI and CRE Matrix. Currently, the overall Grade A warehousing stock stands at 216.2 MSF. In Q1 CY ’24, India witnessed a 5% increase in rentals – reflecting how India’s warehousing demand continues to surpass supply – with the absorption to supply ratio standing at 1.4 in the quarter.

Consumer Connect

How do you assess the true value of your house?

The market price of property in India is not always in sync with its intrinsic value. The home buying experience of Rajesh Kalra, a professional in Mohali, soured at the time of possession. He had negotiated with the builder and till that point of time believed that with his negotiation skills he made a good bargain for the same. But once in the house he got to know through the neighbour next door that the other person bought at around INR 4 lakh lesser price.

Beyond Headlines Land Parcel, Land Acquisition, Land Deals, Land Purchase, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalist, Best Real Estate Website, Best Property Portal

Puravankara acquires 12.75-acre land parcel in Thane

Puravankara Limited, India’s 5th best real estate brand (as per Track2Realty BrandXReport), has acquired 12.75 acres of land in Patlipada on Ghodbunder Road, Thane, by its wholly-owned subsidiary company, Purva Oak Private Limited. The land has an estimated potential carpet area of 18.20 lakh sq ft and a potential GDV of INR 4,000 crores over the project lifecycle.

Consumer Connect

Is there any custodian of due diligence in Indian housing?

Housing project is approved by the government agency; RERA; and banks & financial institutions! Shouldn’t this be enough to instil confidence of the home buyers that the housing project is safe to invest? How could otherwise a builder with poor execution capabilities or fiscal imbalance cross the three eyes of scrutiny and dodge the bullet at each and every level of checks & balances? Track2Realty questions as to who is the custodian of due diligence in the housing market?

Company News Fiscal Performance, Quarterly Results, Real Estate Financial Results, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Websites, Real Estate Journalists

Puravankara reports highest ever sales of INR 5,914 crore in FY24; revenue up by 61%

For FY24, sales stood at INR 5,914 crores, a staggering 90% Y-o-Y increase. Sales volume increased by 84% to 7.36 mn sq ft with INR 3,609 crores in collections (+60% Y-o-Y). Total revenue increased by 61% Y-o-Y to INR 2,260 crore. Operating cash inflows for FY24 stood at INR 3,948 crores (+41% Y-o-Y), while net operating surplus was INR 513 crores (+598% Y-o-Y). Focused on value creation and future business growth, the company has incurred expenses for marketing and sales to increase pre-sales by 90% and towards General and Administrative (G&A) costs for new acquisitions in new geographies, which is reflected in the P&L.

Policy

RBI’s proposed project finance norms boon or bane?

The stock market in general and banks, realty stocks & shares of infrastructure finance companies in particular reacted sharply to the draft proposal of the Reserve Bank of India (RBI) that suggested tighter project financing norms of banks to project financing. The Indian real estate projects already weathering headwinds to attract project finance immediately swung into cost & benefit analysis. Though most of the leading developers were cautious in giving critical reactions, privately they all maintained that the RBI should have rather looked into the funding gap of the viable under construction real estate projects with cash receivables in the pipeline. A Track2Realty analysis.

Reports House Price Growth, Housing Price Trends, Housing Demand in India, Housing Supply in India, Housing Absorption in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Average housing prices across top eight cities increased 10% YoY in Q1, 2024

Of the eight major cities, Pune witnessed the steepest drop in unsold inventory levels. The 10% YoY decline in unsold units, highlights strong housing demand across the city. The reduction in unsold units coincides with a major 13% annual rise in average housing prices. This price growth was driven by substantial launches in the high-end and luxury segments. Key localities like Camp and Baner witnessed significant YoY price increases, ranging between 20-23%.

Reports Office Space Demand, Office Space Supply, Office Space Absorption, Grade A Office Spaces, India Real Estate News, Indian Realty News, Real Estate News India, India Property Market News, Commercial Property Demand, Best Property Portal, Best Real Estate Website, Real Estate Journalists

India’s Grade A office space demand projected to cross 70 million square feet in 2024: CREDAI – CRE Matrix Report

Nationwide, market rentals across Grade A spaces continued to increase, nearing the INR 100 per square feet milestone, with an 8.7% QoQ increase in Q1 CY 2024. The disparity between market and existing rental rates expanded to approximately 14%, signalling a robust landlord-centric market environment. Specifically, Bengaluru, Pune, and Hyderabad experienced an uptick in rental rates during Q1 CY’24 compared to the preceding quarter.

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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