Search Results: Infrastructure (1149)

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.

Beyond Headlines Funds, ASK Property Funds, Blackstone, Investment in Real Estate, Institutional Investment in Real Estate, Real Estate Funds, Project Financing, Real Estate PE Funds, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Blackstone backed ASK Group’s ASK Property Fund has exited from Naiknavare project with 21% IRR and multiple of 2x

Amit Bhagat, CEO & MD, ASK Property Fund said, “This was a recapitalisation opportunity and before the NBFC crisis. By providing the requisite and flexible working capital, we ensured the project’s completion, supported by sales during the life of the project. The investment was self-liquidating with regular cash flow from the sales and collection linked to milestone. We truly believe all projects in the established suburbs which are job clusters have healthy absorption if completed as per committed timeline.”

Consumer Connect RERA 7 Years, RERA, RERA India, Real Estate Regulator, Real Estate Regulatory Authority, Real Estate Regulation Act, RERA Advantages, RERA Benefits, RERA Failures, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalists

7 years of RERA; 7 unaddressed questions

It was conceptualised to clean the opaque ecosystem of Indian real estate; was touted to be the biggest reform of the sector; and expected to enhance the home buyers’ confidence index. But seven long years after the enactment of the Real Estate Regulatory Authority (RERA), it has still not evolved as a stamp of trust for the harassed home buyers. RERA’s tryst with trial & error has not only dented the confidence of the home buyers but also lent credence to the perception that complaint with RERA rather gives an edge to the builders. After all, RERA has been relegated to be the balancing act for both the builder and the buyer. A Track2Realty analysis.

Reports Industrial & Warehousing Real Estate, Logistics Real Estate, Logistics Supply, Logistics Absorption, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Best Real Estate Website, Best Property Portal, Real Estate Journalists

Industrial & warehousing supply in Q1 2024 inched towards 7 million square feet, highest in last two years

Third-party logistics players (3PL) continued to be the top occupiers of industrial and warehousing space, contributing to over 40% in the total warehousing demand. 3PL space uptake was driven by healthy activity in Chennai particularly. The city accounted for about 43% of the overall 3PL activity in the top five cities. Interestingly, at the Pan-India level, retail players accounted for 16% of the demand during the quarter, followed by engineering and automobile players with 12% share each.

Network Belicia Thane West, Thane West Property, Mumbai Housing Projects, Preston Group, Vedanshu Kedia, House of Hiranandani, Best Real Estate Website, Best Property Portal, Real Estate Journalist, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property market

Prescon Group and House of Hiranandani launches project ‘Belicia’ at Thane

The proposed project, namely Belicia, has been floated by Prescon Group (The real estate arm of Nitin Castings) and House of Hiranandani. ‘Belicia’ offers a range of apartments with configurations of 2, 3 & 4 BHK homes, featuring carpet areas ranging from 779 sq ft to 1546 sq ft, starting at INR 1.85 crore onwards. Each apartment is designed with marble flooring in the living, dining, and bedroom areas, complemented by large decks, ample natural light, ventilation, and select residences featuring foyer areas for enhanced privacy. The project boasts of providing residents with panoramic views of the city and the serene Yeoor Hills with the first habitable floor starting from the 7th level.

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 Money, Stressed Assets, Stressed Real Estate Asset, Recovery of Stressed Assets, ASSOCHAM, CRISIL Rating, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Best Real Estate Website, Best Property Portal

Booming real estate results in higher recoveries of stressed assets; trend visible in power, other sectors: ASSOCHAM-CRISIL Ratings study

Recoveries in real estate topped the list, followed by the road sector thanks to several policy interventions, turnaround in these industries as also an overall positive macroeconomic. ”Real estate is seen to recover 77-82% of the acquired debt (by asset reconstruction companies) over eight years followed by highway tolling with a recovery of 58-63 per cent,” the study noted. 

Market Rating Religious Places Property, Sacred Places Property, Spiritual Places Property, Mathura Property, Kashi Property, Varanasi Property, Vrindavan Property, Shirdi Property, Tirupati Property

Sacred cities see a retail boom as spiritual tourism surge

The surge in spiritual tourism can be attributed to enhanced infrastructure, including well-connected roads, airports, and public transportation, as well as the development of various accommodation options such as hotels, guesthouses, and wellness centres. To meet the growing demand for spiritual travel, local governments and businesses are joining forces to create unique retail experiences. This includes integrating local practices into the design and offerings of shops, restaurants, and hotels. Cities like Amritsar, Varanasi, Madurai, Puri, Guruvayur, etc. are leveraging their unique culinary traditions and local fashion expertise to further attract and engage visitors.

Advocacy Brand Ambassadors, Celebrity Endorsements, Real Estate Sales Channel, Property Sales Channel, Real Estate Marketing, Property Marketing, Celebrity Marketing

Are celebrity brand ambassadors liable for real estate failures?

Bombarded by the celebrity cricket icon as its brand ambassador, a gullible home buyer, Akshat Jain in Greater Noida, bought an apartment with the builder. However, his dreams of a sweet home had a crash landing when the developer defaulted and reports of conflict emerged between the developer and the cricketer over the non-payment of endorsement fee.  Track2Realty probes whether celebrity brand ambassadors could be made liable if the builder fails with the promise.

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