Search Results: commercial real estate (1642)

Beyond Headlines Sobha Logo. Sobha Ltd, Bangalore real estate, India real estate news, Indian property market, Track2Realty

SOBHA featured as one of the 500 high-growth companies in APAC region

Catering to India’s housing demand, SOBHA is the only Indian real estate company to make it to this prestigious list of growth drivers for the APAC region among other construction companies listed. The evaluation was based on companies having: revenue of at least $100,000 generated in 2015; revenue of at least $1m generated in 2018; being independent; headquartered in one of 11 territories in Asia-Pacific (Japan, South Korea, India, Australia, Hong Kong, Taiwan, Singapore, New Zealand, Malaysia, Indonesia and the Philippines) and whose revenue growth between 2015 and 2018 was primarily organic.

Brand Rating Hawelia Valenova Park, Hawelia Valencia Homes, Hawelia Group, Nikhil Hawelia, Ask Hawelia, Save From Hawelia, Greater Noida West Property, Noida Extension Property, Builder Fruad in Noida Extension

How to dodge poor consumer feedback? Ask Hawelia

It is pertinent to note here that there has been nothing posted on Hawelia Facebook page that could be defined as “Defamatory” by the Indian Penal Code (IPC). It seems builder does not believe in the IPC and wants to continue his fiefdom with HPC (Hawelia Penal Code). As per the law of the land, any comment/feedback/grievance could only be termed as defamation if it can’t be substantiated with the fact. Truth stands as biggest defence against the defamation. The chain mail between the builder and the home buyers of Hawelia Valenova Park could establish the fact that the buyers are not happy with the builder and the builder failed to even come forward to address the concerns.  

Editorial Amit Modi, ABA Corp, County Group, Cherry County, Cleo County, County 107, Indian Real Estate Foreclosure, Property Foreclosure, Housing Loan Defaults, Coronavirus Impact on Property, Covid19 Affecting Real Estate

Escalation fears misplaced, input materials might be cheaper: Amit Modi, Director, ABA Corp

Lockdown is not a new reality for the developers across India, and more particularly in the Delhi NCR region. The NGT construction ban, often for months together, has hampered the execution cycle of the business. However, the comprehensive lockdown due to Coronavirus could multiply the woes of the business with supply chain hurdles leading to cost escalation, labour migration and the job losses in the market leading to standstill sales and even foreclosures. However, Amit Modi, Director of ABA Corp who is also a known face of CREDAI in this part of world thinks otherwise. In an exclusive video conferencing with Ravi Sinha, he feels some of the input costs might come down to clear the material inventory in a competitive market.  

Column Diary of a Real Estate Journalist, Honest Journalist, Most Hated Journalist, Ravi Sinha, Real Estate PR, Media and Property Market

Grow up beyond #BoycottRaviSinha PR Folks

But wait! I suppose the recent Ravi Sinha Uncensored has only added fuel to the fire that you all had in you for a number of years now. I do understand that a journalist like Ravi Sinha bruises your ego and inferiority complex of not being treated with respect. I suppose you are being sandwiched at both the ends – on the one hand a nasty journalist like me showing you the mirror and at the same time you get bulldozed by the unreasonable client demands. Isn’t it?

Headlines Coronavirus, Corona, Covid19, Corona Impact on Real Estate, Property Market After Corona, Housing Sale After Corona, Office Absorption After Corona

COVID-19 to reduce housing sales by 25-35%, office absorption to fall 13-30%

The affordable housing segment, which gained significant traction over the last few years, may also take a hit by COVID-19. The outbreak will significantly affect affordable housing’s target audience. With limited income and unemployment fears, buyers of affordable housing may defer purchase decisions, leading to an estimated 1-2% rise in unsold stock within this segment in 2020.

Column Ravi Sinha- Diary of a Real Estate Journalist, Home Buyers' Activism, Home Buyers' Fight with Builders, Builder Buyer Conflict, Housing Delays, Housing Defaults, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property market News, Investment in Property

Corona is not publicity tourism Mr Builder

It is in this backdrop that in a typical “Ravi Sinha Uncensored” tone I told a PR girl who called me for one such Press Release by one of the largest developers of Mumbai, “Listen! As a matter of principle I am not carrying any story on food distribution to construction workers. But wait! Please give my feedback to your client, “He or any other builder is not doing any charity; not worth beating its own trumpet. This is a national calamity and you are morally bound to do so. Such Press Releases only make you look really petty. You can weave this info into some other story once the dust settles and everything is normal. But glorifying humanitarian gesture at this point of time is at best Corona Tourism for Publicity which is highly deplorable.” 

Company News Hawelia Group, Hawelia Valenova Park, Hawelia Valencia Homes, Arihant Arden, Coronavirus and Real Estate, Real Estate and Covid19, Coronavirus Impact on Property, Hawelia Humanity

Hawelia fails with supply of essentials in Corona lockdown

It is pertinent to note here that the builder has serious tussle with many of the home buyers at both his projects. Many a times the home buyers have been overtly refused the services with point blank justification that the Hawelia Facility Management is not obliged to entertain those who are unsatisfied buyers. However, in today’s pandemic it is not just unprofessional & unethical but also inhuman to not facilitate supply of day-to-day commodities when the builder’s commercial shops are not operational. Interestingly, Hawelia’s CSR initiative is called as Hawelia Humanity.

Brand Rating Hawelia Group, Hawelia Valenova Park, Greater Noida West, Noida Extension, Worst Project of Noida Extension, Buyers Protest in Valenova Park

Hawelia coercing home buyers at Valenova Park

The said project, Hawelia Valenova Park, that was launched in 2013 at Tech Zone IV of Noida Extension is yet to be worth habitation, even after seven years. The builder, on his part, claims otherwise, even though the GNIDA (Greater Noida Industrial Development Authority) has only given it a conditional TOC (Temporary Occupancy Certificate).

Reports Private Equity Deals, PE Deals in Indian Retail, ANAROCK Report on PE Deals, Shobhit Agarwal

USD 970 million PE inflows in retail hit 5-year high in 2019

Apart from the top cities, Tier 2 & 3 cities are also on the radar of many PE funds which see these cities actively driving retail going forward. At least 36% (nearly USD 1 bn) retail-focused funds went to cities like Ahmedabad, Amritsar, Bhubaneshwar, Chandigarh, Nagpur and Mohali. In 2019, ANAROCK Capital was instrumental in Virtuous Retail South Asia (a JV between Singapore’s PE firm Xander Group and Dutch institutional investor APG) concluding a USD 100 mn deal with TRIL for two retail malls – one each in Nagpur and Amritsar.

Reports Logistics, Logistics in India, Logistics Report Card, CBRE Report on Logistics

Logistics leasing at an all-time high of 33 million sq feet in 2019: CBRE

I&L space take-up in 2019 was dominated by small-sized transactions (less than 50,000 sq. ft.), which held a share of about 42%. The share of medium-sized transactions (ranging between 50,000 sq. ft. and 1,00,000 sq. ft.) rose from 26% in 2018 to 30% in 2019. Large-sized deals (greater than 1,00,000 sq. ft.) accounted for 28% of the leasing activity during 2019. The number of large-sized deal closures in Hyderabad, in particular, doubled in 2019 as compared to 2018.

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