Search Results: IT solution, (399)

Reports India Office Spaces, India Office Spaces Rentals, Office Spaces Higher Rentals, India Office Market, Asia Pacific Office Market, Colliers Report, Arpit Mehrotra, Vimal Nadar, India Real Estate News, Indian Realty News, Real Estate News India, India Property Market News, Best Real Estate Website, Best Property Portal

Occupiers across major markets in India willing to pay higher rentals for quality office supply: Colliers

With global corporates increasingly seeking to optimize resources, maximize savings, and drive growth, India offers a compelling proposition. During Q1 2024, India continued to witness traction in GCC leasing activity. A significant 5 million square feet (msf) of leasing activity by GCCs, represented 37% of total office leasing across the top six cities. Looking ahead, GCCs are projected to lease between 45-50 msf of office space in the next two years, constituting around 40% of total demand.

Consumer Connect RERA Survey, RERA Consumer Satisfaction, Real Estate Regulatory Authority, Real Estate Regulation Act, Benefits of RERA, Advantages of RERA, RERA Failures, 7 Years of RERA, RERA Trial & Error, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalist

Home buyers’ satisfaction index still low after 7 years of RERA: Survey

As RERA (Real Estate Regulatory Authority) is close to its 7 years of completion, the home buyers across the nation have more to complain than compliment with what was supposed to be a game changer legislation. The buyers rather question as to RERA has been enacted to serve whose purpose. Most of the home buyers across India’s top 10 cities point out that the ground realities have not changed for them. A vast majority of them feel it has opened another window of litigation and thus hurts than helps the buyers. Issues range from lack of transparency to accountability, and existing market realities to consumer interface.

Consumer Connect Affordable Housing, Low Cost Housing, Affordable Housing Price, Affordable Housing Rent, Affordable Housing GST, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Ravi Sinha, Real Estate Journalist

How to make housing more affordable?

No one has got a clear answer to the core of the problems and every industry  stakeholder has his own point of view. However, the economies of scale suggests it definitely helps the developers to undertake cost-effective measures since material procurement happens at a group level. This gives large developers an advantage over other smaller developers and projects. Also, the duration of construction has an impact on the cost. The developers must ensure the completion of projects on time, which could help us sell the properties at a faster pace and keep the cost under control. 

Reports Property Forecast, Property Trends, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Residential Market, Office Spaces, Retail Spaces, Flexible Spaces, Logistics & Warehousing, Property Market Trends

Retail leasing expected to be firm in 2024, reaching 6-6.5 mn. sq. ft.

The residential sector is currently undergoing a bullish phase, characterised by a convergence of factors that foster an extremely favourable ecosystem. As we progress into 2024, we anticipate that both sales and new property launches will sustain the sector’s buoyancy. Despite the potential challenges posed by escalating land costs and limited funding options for early-stage projects, the robust underlying market fundamentals are expected to propel residential activity well above the average trend witnessed in the previous five years.

Reports Office Space, Co Working Space, Flexi Spaces, CBRE South Asia, Anshuman Magazine, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal

Flexible space operators emerge as the second-largest sector in Jan-Mar ’24 leasing, with a share of 22%

Global Capability Centres (GCCs) accounted for a share of one-third in the overall India office leasing in Jan- Mar ’24. Within the GCCs space take-up, E&M companies contributed to over one-fourth share, followed by automobile firms. Bangalore led the chart for GCC leasing, boasting a 60% share, followed by Hyderabad with 26% and Delhi-NCR with 9%. Notably, 38% of the large-sized deals (exceeding 100,000 sq. ft.) were secured by GCCs during this period, underscoring their significant impact on the office leasing landscape.

Beyond Headlines Real Estate Summit, Right to Excellence, TOI, Times of India, Housing.com, Real Estate News, Real Estate News India, Indian Property Market, Real Estate Knowledge Forum, India's Best Real Estate Website

Housing.com and TOI host real estate summit – Right to Excellence

Housing.com in collaboration with The Times of India, presented the ‘Right To Excellence – Real Estate Summit’ on March 15th, 2024, at the Crowne Plaza in Gurgaon. This summit aimed to convene numerous industry luminaries, market experts, thought leaders, and stakeholders to delve into the future trajectory of the technology and real estate sector in India.

Policy Fractional Ownership, Commercial Real Estate, Commercial Property, Joint Property, Property Ownership, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Will fractional ownership change commercial property market ahead?

Fractional Ownership is an evolving concept, on the lines of REIT but very different from REIT. Unlike REIT, which is a listed entity owning income producing real estate, Fractional Ownership is coming together of investors to pool their funds and jointly purchase real estate. Though in its very essence, the idea is to rent it out and earn the equitable rentals, many ‘office for a limited purpose’ investors are also getting into Fractional Ownership for convenience. A Track2Realty analysis.

Industry Movement Vestian MEA, Vestian Global, Dubai Real Estate, Dubai Property Market, Middle East Property Market, Middle East Real Estate

Vestian starts operations in the UAE

Vestian MEA, is a wholly owned subsidiary of Vestian INC Chicago, established in 2010.  Vestian MEA will operate as a specialized real estate advisory firm providing comprehensive solutions to investors seeking to capitalize on opportunities in Dubai and the UAE. The launch of Vestian MEA represents a significant milestone in the company’s growth strategy, aligning with its commitment to delivering unparalleled real estate services globally.

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

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