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Headlines

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property

September 22, 2012

Realty takes corrective measures ahead of festive season after Track2Realty survey finds no takers for new launches

Track2Realty Impact: When Track2Realty pan-India survey said it in May this year that Indians prefer to pay more for ready-to-move property and find new launches risky, the sector was obviously not amused. CREDAI President Lalit Kumar Jain had differed with the Track2Realty survey findings in an interview with Tehelka and said that “ready-to-move-in flats comes at a premium rate and the availability of such in the country is currently just 5 per cent.”

Finance

indian real estate news, realty news india, india property news, india infrastructure news, track2realty, track2media, ravi sinha, Infrastructure development, National highway

September 20, 2012

Impetus on PPP models to fast track the infrastructure projects: Jitin Prasada

Track2Realty: Government is coming out with new PPP models to fast track infrastructure projects, said Jitin Prasada, Union Minister of State for Road Transport and Highways, while inaugurating the Conference on Infrastructure Project Management, organised by Confederation of Indian Industry in New Delhi on Thursday, Sep 20.

Reports

Hospitality sector news, real estate news , realty news , india real estate , india realty news ,

September 20, 2012

Report says 50,000 hotel rooms expected in top six metro cities in next five years

Track2Realty: The top six cities of India are expected to see a total of 50,000 new hotel rooms across categories in the next 5- 6 years. This is in response to the steady growth the hospitality sector has recorded over the last few years. 2012 alone is expected to see 14,800 fresh keys by the end of the year. Out of the total expected supply for 2012, 2000 new hotel rooms have already entered the market. These are the findings of a report by Cushman & Wakefield (C&W)and Confederation of Indian Industries (CII).

Analysis

India real estate news, India property news, Indian realty news, JLLI, Track2Media, Track2Realty,

September 19, 2012

Can the service sector revive the Indian office property market?

Track2Realty-JLLI: Recently, the annual GDP number (6.5% GDP growth during FY April 2011-March 2012) released by the Reserve Bank of India resulted in a negative sentiment throughout the real estate industry. Consistent with this, in 1H12, the demand for commercial real estate moderated on the back of office occupiers that remained cautious about their expansion plans.

Finance

September 19, 2012

Real estate in Bihar soars despite rate uptrend

Track2Realty: Real estate in Bihar with most of the cities termed as tier-II and III by many of the developers till late, has bucked all trends of slowdown to soar as one of the most promising real estate market. It is not just the new trend of apartments that is catching fancy of the prosperity that is noticeable in many of the urban areas, but even the land rates still continue to soar.

Analysis

India real estate news, Indian realty news, Indian property news, Jones Lang, LaSalle India, JLLI, Track2Media, Track2Realty, Ravi Sinha

September 16, 2012

Bangalore luxury homes – a billion dollar market

Bangalore’s luxury residential market seen a major transformation in the recent past, with the Kingfisher Tower setting a new capital values benchmark (northwards of Rs. 30,000/sq.ft) in the super luxury category. The new dynamics being seen now have been referred to as the ‘coming of age’ of Bangalore’s residential market, and I agree with this definition. We are certainly witnessing a remarkable maturing process here.

Analysis

India real estate news, Indian realty news, Indian property news, Track2Realty, Track2Media

September 5, 2012

The Indian real estate market – A view from the top

Interest from international real estate investors in Indian real estate has been limited in 2012. India has witnessed 6% q-o-q growth in direct commercial real estate in Q1 2012, as compared to China which has seen negative growth of -45%, however China performed better in Q2 2012 on the back of one mega deal. In Brazil, investment volumes seem to be reaching a more ‘normalised’, sustainable pace following the supercharged 2010-2011 period.

Company News

September 3, 2012

HCorp offers plots & customized luxury cottages in Himalayas

HCorp Realty Pvt. Ltd. through its subsidiary group company, Blaze Conbuild, offers first-of-its-kind opportunity to own a piece of customised cottage in the lap of Himalayas. The project called Mystic Mountain, is strategically located in the lap of nature in Almora, Uttarakhand. Around 25 km away from Mukteshwar, this is first such project that offers options of individual plots and customised luxury cottages of various sizes.

Finance

August 23, 2012

Infra sector requires more public, private projects: Saugata Ray

Greater public and private participation is required in sectors such as railways, ports and power as India looks at investing USD 1 trillion in infrastructure over the next five years, Minister of State for Urban Development Saugata Ray has said.

Research

August 22, 2012

India Retail landscape maintains status quo: DTZ

In Q2 2012, the retail landscape in India was characterized by subdued demand coupled with restrained supply of mall space and largely stable rentals, says a DTZ report. While continued high inflation levels have restrained consumer spending and delayed purchase decisions, the slowdown in economic growth and weak consumer sentiments have resulted in a sense of uncertainity amongst retailers thereby putting expansion plans on hold.

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