Search Results: NCR property (2411)

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Diwali 2024 over and so is optimism of Indian real estate

How was the festive season for property market this year? The answer depends upon whom are you addressing the question. For the large universe of the developers, it was worse festive season in the last 5-7 years. But for a few select listed developers, the fortunes are different. The ground reality of the market is that Diwali fireworks was definitely missing for Indian real in 2024, despite over optimism and influence peddling ahead of the festive season. Track2Realty analysis.

Reports Luxury Housing, Luxury Housing in India, Luxury Housing Demand in India, Luxury Housing Supply in India, Luxury Housing Absorption in India, Luxury Housing Sales in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Luxury home sales surge 37.8% in first nine months of 2024

The surge in demand for luxury housing has been primarily attributable to a growing preference among affluent buyers for enhanced amenities and more spacious living areas that complement their multifaceted lifestyles. Moreover, the increasing aspirational class has significantly contributed to the increased demand for luxury properties. Furthermore, the rise in NRI and astute domestic investors in the Indian real estate market has considerably fueled the heightened demand for luxury residences.

Network Wave Gardens, Wave Group, Wave city, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Wave Estate launches new apartments & penthouses in Wave Gardens, Phase II, Mohali

This IGBC pre-certified Silver-rated green township has internationally designed open and green spaces by renowned consultants “ATKINS UK”. Round-the-clock security with surveillance cameras will ensure the safety of its residents. An elite Community Center for Wave Gardens with a Gym, Yoga & Aerobics Room, Library, Carrom and Cards Room, Kids Play Zone, Restaurant, Swimming Pool, Multi-purpose Recreational Hall, etc. will make coming home a pleasurable experience.

Reports Goa Holiday Homes, Goa Property Market, Goa Real Estate, Real Estate in Goa, Holiday Homes in India, Holiday Home Destinations, India Real Estate News, Indian Realty News, Real Estate news India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Goa is top choice for holiday homes: Survey

The real estate market of Goa is also expanding not only in terms of buyer interest but also geographically. The once-limited property market is now spreading across new areas, offering a wider variety of options to buyers. Alongside this expansion, there has been a notable rise in property prices. What was once a market catering to properties valued between Rs 5 crore and Rs 15 crore has evolved, with some villas now fetching prices of up to Rs 100 crore. This surge reflects the growing interest from ultra-high-net-worth individuals who are seeking exclusive, luxury homes in the region.

Reports Manufacturing in India, Made in India, Industrial & Logistics Real Estate, CBRE Report, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

India emerging as a global manufacturing hotspot

In a report titled, ‘Fortifying India’s I&L landscape with a new manufacturing growth formula’, property consultant CBRE claims that the manufacturing sector’s growth has significantly contributed to warehousing demand. The share of sectors catering to the manufacturing space, including engineering & manufacturing, electronics & electricals and auto & ancillary sectors, within the total warehousing demand across major cities, has increased substantially, growing from 15% in 2019 to 24% in 2023 and 25% in H1 2024. The total leasing for warehousing from these manufacturing-related sectors stood at 4.1 mn. sq. ft. in H1 2024.

Reports Magicbricks Report, PropIndex Report, Residential Demand in India, Residential Supply in India, Residential Capital Appreciation in India, Residential Rental Returns in India, Housing ROI in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Residential Demand Surges 12.3% QoQ Amidst 8.3% Capital Appreciation, Reveals Magicbricks’ PropIndex Report (Jul-Sep 2024)

The report further observed that growing interest in under-construction (UC) properties has resulted in a capital appreciation of 11% QoQ across the tracked cities, with significant growth seen in Thane (19.5% QoQ), Gurugram (17.3% QoQ) and Noida (14.5% QoQ). Additionally, the report indicated that demand for 3BHK units continues to dominate, accounting for 50% or more of total demand in most cities, except for Chennai, Navi Mumbai, and Thane, where 2BHK units remain the preferred choice.

Reports Colliers CREDAI Report, CREDAI NATCON 2024, $10 Trillion Indian Real Estate, Growth Forecast of Indian Real Estate, Indian Real Estate Size, Indian Real Estate by 2047, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

16% annual growth forecasted to propel real estate market to $10 trillion by 2047: Colliers-CREDAI Report

This long-term growth in real estate is underpinned by six salient growth levers which includes, rapid urbanization, infrastructure development, digitalization, demographic shifts, sustainability and investment diversification; all of which will form the bedrock for a quantum leap in Indian real estate by 2047. These long-term growth ingredients will be pivotal in the expansion of Indian real estate – from under a trillion currently, to potentially a USD 10 trillion market by 2047, accounting for a 14-20% share in the country’s GDP.

Reports Green Living, India Sustainability Report, India Climate Change, India's Public Infrastructure, Climate Change Vulnerability, CBRE Survey on Sustainability, CII Survey on Sustainability, Risk Management Parameters, Anshuman Magazine, India Real Estate News, Indian Realty News, Real Estate News India, Indian Realty News, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Nearly 50% of India’s public infrastructure vulnerable to climate change and urbanization: CBRE

The conference uncovered unique perspectives on how Smart Facilities Management can play a crucial role in anticipating and preventing equipment failures, reducing downtime, and optimizing resource allocation in real estate assets by adopting the latest technologies and innovations including, IoT sensors, AI-driven analytics, and machine learning algorithms, to enhance the overall performance of their real estate assets. Furthermore, better risk management practices can contribute to the longevity of assets. Regular inspections, maintenance, and upgrades can help identify and address potential vulnerabilities, reducing the likelihood of damage and ensuring the continued functionality of critical public infrastructure.

Case Studies REIT, SM REIT, Real Estate Investment Trust, REIT Potential in India, REIT Market in India, Future of REIT, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

India’s potential SM REITs market value likely to exceed USD 60 billion

Mumbai recorded the highest potential SM REIT-ready completed office stock of ~75 mn. sq. ft. as of June’24, with around 10+ mn. sq. ft. of upcoming supply by 2026.  Delhi-NCR recorded a completed SM REIT-ready potential stock of 70+ mn. sq. ft., followed by Bengaluru with 50+ mn. sq. ft. and Hyderabad with 30+ mn. sq. ft.. It is estimated that cumulatively, Delhi-NCR, Bengaluru and Hyderabad could add an additional supply of potential SM REIT-worthy stock of ~36 mn. sq. ft. by 2026. Other cities such as Pune, Kolkata, and Chennai recorded 25+ mn sq. ft. of completed supply as of June’24. It is estimated that Pune, Kolkata and Chennai would cumulatively record additional supply of potential SM REIT-worthy stock of ~14 mn. sq. ft. over the next two years.

Advocacy Union Budget 2024-25, Budget and Real Estate, Real Estate Budget Demands, Real Estate Budget Wish List, Real Estate Budget Reaction, LTCG, Long Term Capital Gain Tax, STCG, Short Term Capital Gain Tax, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalist

Why is Indian real estate applauding Union Budget 2024-25?

Understanding the mindset of Indian real estate has never been easy. The built environment of the Indian real estate could argue and demolish the best of consumer-centric reforms. Remember the way industry body CREDAI had called RERA prior to its inception, and that too in front of the then Union Minister Kamal Nath, builder harassment and public amusement bill.  But at the same time they celebrate the self-inflicted injury on many occasions. Track2Realty finds the overtones of the sector all the more contradictory with the Union Budget, before and after the budget.

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