It would be pertinent to note that raging infernos spared no one – be it rich or poor, residents of newly-built high-rises or the squalid slums, all fell victim to the scourge of flames which enveloped their structures, turning their cherished homes into death traps.
Young qualified professionals either do not opt for the sector, and even when they do so, they find it hard to continue in a business where the eco system is all about probability and uncertainty; forget about the lack of work culture. And hence, in most of the corporate offices of the developers it is easy to find old and grey-haired people than the vibrancy of the young work force.
The project named Atelier Greens, focuses on offering lifestyle beyond the carpet area, drawing inspiration from making spaces where art of living grows naturally.
The listing of India’s first REIT by Blackstone-backed Embassy Group has been in the offing for quite some time, but it now finally appears that it will be listed within the first half of 2019. As REITs await their official deployment in India, investors hoping to cash on this new avenue for generous ROI growth seek to understand what exactly is in store for them – and for the real estate market.
Track2Realty approached to a number of real estate developers who are offering assured returns. Though all of them refused to speak ‘on record’ but privately they admit that their assured returns have failed due to market dynamics than intentional cheating.
The Shapoorji Pallonji Group has announced its entry into National Capital Region (NCR) with the launch of its first residential project under the aspirational housing brand ‘Joyville’ in Gurugram (Sector 102). This is the fourth project under Joyville brand following Kolkata, Virar and Pune, respectively.
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.
Virtual Reality technology combined with their proficient contracting ability, Flipspaces comes as a one-stop partner for clients who want to design their commercial spaces through Interior Design and Contracting. Their target market includes offices, restaurants, educational and financial institutions, and hotels.
The low consumer confidence has been linked as much to peoples’ lack of confidence in their own ability to pay as with the employment uncertainties. Collectively, the buyers’ risk aversion in today’s economy as well as the developers’ unfair business practices have eclipsed real estate like never before.
Smartworkshas added two new centres in Chennai and Pune to further consolidate its leadership in these two markets. already has two and three centres respectively in these cities. The centres will be operational by early next year and have a total seating capacity of 5000+ people.