Dubai led the pack of international cities that contributed significantly to the GTV of the company followed by Toronto and Melbourne. Square Yards has built up significant NRI operations in 13 international cities namely Abu Dhabi, Doha, Dubai, Kuwait, Sharjah, Hong Kong, Muscat, Melbourne, Singapore, Sharjah, Sydney and Toronto.
Track2Realty rates this project as Grade A+. The project promises to be a trendsetter in Hyderabad that is expected to be the next growth driver of office space consumption in India. There are some more ambitious commercial projects coming up in the vicinity, but the developer Salarpuria Sattva will always have an edge with its first mover advantage in creating a futuristic project.
In terms of price point luxury properties in Dubai are more attractive than any such option in Mumbai and Bangalore. Moreover, the kind of rental returns that are there in the gulf city is no match to any Indian city. Add to it tax-free returns and attractive capital appreciation and your cost & benefit analysis is heavily loaded in favour of benefits. Last, but not the list, is the quality of life in Dubai
When the property market is hot, the sharks begin to circle; recognising the opportunity to fleece the rest of us out of our money. The problem with property scams (cartel of appreciation) is that they are hard to detect in advance and often perfectly legal. They are marketed convincingly and professionally, unlike the instantly recognisable scams we are used to in other walks of life. Property sharks are harder to pin down when the market is going up, but they are nowhere to be seen when the prices crashes.
Aundh is today an affluent suburb in the North-West of Pune which is no longer referred in collective consciousness for its chest hospital alone. It is now known more for its posh localities.
Mumbai real estate, often criticized for getting saturated, has been rather blessed with a number of hidden jewels. The city is sitting over some of the under-valued and lesser-known micro markets that are set to transform into property hotspots pretty soon. The cynics who thought that the peninsular city is left with no scope of horizontal growth have probably not visited any of these places.
The entry of corporate giants into the real estate space is all set to take the Noida growth story to the next level. Already, Godrej Properties and Tata Housing have entered into Noida market through a joint development model. The market buzz has it that a couple of more corporate giants are to soon announce their Noida entry.
Track2Realty lists down the assessment by Colliers International that will drive the Asia property market in 2018. Here are the Top trends that is expected to be in the headlines.
India witnessed a growth of 85% in property investments in the first nine months of 2017, compared to the same period last year, says Colliers International’s recently released report titled ‘Of High Growth, Low Real Rates and Black Swans’.
The transition of the real estate market has changed the dynamics of the sector completely. After the advent, multiple policies and regulation of the real estate industry has seen a paradigm shift with systemic checks and streamlined process.