StayAbode Ventures has announced Asia’s largest co-living project in partnership with CP Developers. This will be the largest A grade co-living project in India with 1400 people living in a community environment, in the heart of Bengaluru’s Whitefield – a professional hub neighbouring ITPL and large MNCs with a working population of over 50,000 millennials.
ANAROCK Property Consultants has appointed Shajai Jacob, Executive Director & Head – Marketing (West Asia) at i JLL India, as Chief Executive Officer – GCC (Middle East).
Knight Frank India has released a report titled “Co-Living – rent a lifestyle” that suggests 72% of millennials (18 – 23 years) have given co-living spaces a thumbs-upand over 55% respondents in the age group of 18 – 35 yearsare willing to rent co-living spaces.
Marine Drive is a picturesque promenade in Kochi that is facing the backwaters. It is one of the most popular hang out for the residents of the city as well as tourists due to the magnificent view of the backwaters and Kochi Harbor. The walkway is perfect to enjoy a relaxing stroll at any time of the day and hence a property on this stretch is high on the wish list.
Mumbai’s Dharavi, one of the largest slums in Asia, has been an area of contention for almost two decades now. For all its revelations, the recent blockbuster film ‘Kaala’ only underscored what Mumbaikars, human rights activists, urban planners and real estate developers have known for decades – there is no simple formula for unravelling the complex Dharavi equation.
Call it market disruption or the innovative disruption or just new marketing strategy but it seems this is the next big idea at a time when the market conditions are really challenging to get noticed. What really is disruptive innovation?
Most of the Thane residents feel since the index, which was conceived in 2017, is based on information from the 2011 Census, it does not do justice with the city. The liveability Index of Thane has seen a remarkable improvement in the last six to seven years; something that the survey could not assess due to limited scope of study as well as constrained by the data of 2011 census. The city has seen phenomenal migration leading to cosmopolitan lifestyle and quality of life in this part of the world.
The Indian real estate sector has always been perceived by investors across the world as attractive proposition in terms of quality assets across segments. The recent policy changes and reforms have further shaped the perception of global investors on India as these reforms are seen as India’s endeavour to given an image makeover to the real estate business.
RERA was supposed to save the day for homebuyers, but that doesn’t seem to have happened – at least not yet. In many states RERA, in its present form, is currently either non-existent or a pale shade of what it was intended to be.
The Indian residential market volumes spiraled down in terms of demand and supply almost every successive year in this decade. From a high of 480,000 units in 2010, the supply last year stood at mere 103,000 units across the top 8 cities.