India realty market update May 2014
Track2Realty: Expectations of an economic turnaround were belied with GDP growth slowing down to about 4.7% for FY 2013–14, marking it as the second straight year with below-5% growth.
Search Results: commercial and residential property (971)
When a developer dares to opt for Destination Development
Track2Realty Exclusive: India has traditionally been a reluctant urbaniser and the developers have been even more reluctant to take the roads less travelled. For long it is the government agencies that have been catalyst to land acquisition and hand it over to the developers. Now that the Land Acquisition Bill is set to change the entire ballgame, Track2Realty wonders whether it is time to take a few case studies where a developer has dared to opt for ‘Destination Development’. Though such cases have been few and far between, the road ahead indicates even lesser first movers in the ring.
Engaging government into policy advocacy challenging-I
Track2Realty Exclusive: The real estate sector in India today is developing at a scorching pace. Factors such as higher levels of income and purchasing power and the growing need for entertainment, leisure and shopping, the government’s focus on infrastructure development, rapid urbanisation driven by rural-urban immigration and an emerging trend of nuclear families, greater availability of loans to finance real estate purchases, amongst others, have been instrumental in this development.
The Mumbai Metro-A real estate game changer
Track2Realty: Several years after New Delhi, the country’s political capital, witnessed a transformation with the implementation of the Delhi Metro, the financial capital of Mumbai is set to experience a similar phenomenon with the imminent commissioning of the Versova Andheri-Ghatkopar (VAG) corridor of the Mumbai Metro. With equity participation from Reliance Infra and Veolia (a French transportation major), this PPP initiative has all the hallmarks of a game-changer for the city’s transportation and realty landscape.
Pune 4th among top 10 ranking of Asia Pacific rental growth: Cushman & Wakefield
Track2Realty: The emerging cities continue to dominate the rental growth in the region with Jakarta (Indonesia) witnessing the highest office rental growth (yoy) among 33 cities in Asia, followed by Manila (Philippines) at 2nd position and Shenzhen (China) at 3rd Pune (India) at 4th position while NCR (India) ranked at 10, says Asia Office Q1 2014 report of Cushman & Wakefield.
More than 60% of global retailers present in India; lack of quality space & legislative issues hamper organised retail: CBRE Report
Track2Realty: Despite more than 60% of global retailers already having a presence in India, the lack of quality retail space and legislative issues have been an impediment to the spread of organized retail in the country, according to CBRE’s report, Expanding Horizons of Global Retailers in India.
East coast boom; challenges of scaling up
Track2Realty Exclusive: The east coast of Delhi-NCR has been on a roll and bucking all the trends of slowdown areas in and around, most importantly Ghaziabad, NH 24 stretch and Noida have done better than the national average in the last couple of years. To say that the property market in this part of the world has been more realistic having registered more property transactions would be stating the obvious.
Indian Real Estate— A SWOT Analysis
Track2Realty Exclusive: Investment in real estate has been a widely debated topic, dissected in great detail. For the past few years, India has been shining, has been one of the preferred destinations for real estate investments and has attracted capital infusion from foreign institutional investors/foreign funds as well as domestic players, both institutional and retail investors.
Challenges of corporate governance in Indian realty-II
Track2Realty Exclusive: The Real Estate Regulation Bill will define and clarify various concepts in the sector; this will bring in transparency and curb unfair practices. Following the trend seen in other sectors like telecom, banking, insurance etc, the Bill provides for creation of a separate Regulator and Appellate Authority. While it is expected to provide specialized regulation and enforcement, this should not become another regulatory in the ‘approval’ matrix.
India realty market update April 2014
Track2Realty: As consumers continued to face inflation and high interest rates in April, average household spending seemed unlikely to recover in the near term. Subdued market sentiments looked likely to continue unless consumer confidence began to rise.