Young qualified professionals either do not opt for the sector, and even when they do so, they find it hard to continue in a business where the eco system is all about probability and uncertainty; forget about the lack of work culture. And hence, in most of the corporate offices of the developers it is easy to find old and grey-haired people than the vibrancy of the young work force.
The project named Atelier Greens, focuses on offering lifestyle beyond the carpet area, drawing inspiration from making spaces where art of living grows naturally.
Track2Realty approached to a number of real estate developers who are offering assured returns. Though all of them refused to speak ‘on record’ but privately they admit that their assured returns have failed due to market dynamics than intentional cheating.
The Shapoorji Pallonji Group has announced its entry into National Capital Region (NCR) with the launch of its first residential project under the aspirational housing brand ‘Joyville’ in Gurugram (Sector 102). This is the fourth project under Joyville brand following Kolkata, Virar and Pune, respectively.
Dubai led the pack of international cities that contributed significantly to the GTV of the company followed by Toronto and Melbourne. Square Yards has built up significant NRI operations in 13 international cities namely Abu Dhabi, Doha, Dubai, Kuwait, Sharjah, Hong Kong, Muscat, Melbourne, Singapore, Sharjah, Sydney and Toronto.
Virtual Reality technology combined with their proficient contracting ability, Flipspaces comes as a one-stop partner for clients who want to design their commercial spaces through Interior Design and Contracting. Their target market includes offices, restaurants, educational and financial institutions, and hotels.
While 2018 lived up to a fair number of expectations, there were a few misses too, particularly in the case of clarity on GST norms. Key highlights of 2018 were the creation of positive sentiments in the market by way of a robust office space absorption by emerging segments, as well as increase in the number of new launches and sales in the affordable housing sector.
The low consumer confidence has been linked as much to peoples’ lack of confidence in their own ability to pay as with the employment uncertainties. Collectively, the buyers’ risk aversion in today’s economy as well as the developers’ unfair business practices have eclipsed real estate like never before.
The Government’s decision to allow 51% FDI in multi-brand retail and 100% FDI in single-brand retail under the automatic route was a definite crowd-pleaser that attracted giants like Walmart to make forays into the country.
Smartworkshas added two new centres in Chennai and Pune to further consolidate its leadership in these two markets. already has two and three centres respectively in these cities. The centres will be operational by early next year and have a total seating capacity of 5000+ people.