Track2Realty Roundtable: Has ECB benefitted Indian realty-III
Ravi Sinha: But if we go by that yardstick, my question is that in the major real estate markets across India do we have that kind of projects where ECB would be viable?
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Key challenges to move towards smart cities in India-I
Track2Realty Exclusive: The concept of city-states is centuries old. Ancient Greek cities of Athens, Sparta and Thebes were known to be poleis (singular polis) and what set them apart from their ‘non-poleis’ neighbors was these were self-governed and autonomous city-states. Relevant examples in today’s modern world are Singapore, Vatican City and Monaco.
Track2Realty Roundtable: Has ECB benefitted Indian realty-II
Ravi Sinha: Even in the Indian context, if you look at the places like Gurgaon. Had there been no infrastructure no one would be living over there and that is how NCR has evolved as a case study in satellite towns. But the disconnect is with the funding.
UAE developer to launch 1 bn dollar property project in India
Track2Relty-Agencies: Dubai-based private developer DAMAC Properties has said it is launching phase two of a $1 billion project of luxury hotel and serviced residences to Indian investors, following a sell-out event in Dubai.
Indian expatriates drive Dubai’s realty sector growth
Track2Realty-Agencies: Indian expatriates are among the top investors in Dubai’s property market, which is expected to grow 10-12 percent this year, company officials and analysts say.
Track2Realty Roundtable: Has ECB benefitted Indian realty-I
Pranay Vakil: Good afternoon everyone. We are indeed sitting in one of the most interesting market of real estate when I feel the developer is confused, the buyer is confused and the government is confused.
Jhumur Ghosh: The most confused.
Pranay Vakil: You said it, I didn’t. The buyer is confused because every day he is reading in the newspapers that prices are going down, but when he goes out to buy a house he finds that prices have actually gone up. I think the lender is confused because he is lending money and the developer is making all kinds of commitment and things are not working out the way it was promised and he is unable to understand why it is not happening.
Emerging financial capital of India attracting office occupiers-III
Track2Realty Exclusive: The Knight Frank Research finds overall fall in office absorption when compared to the corresponding quarter last. Approximately 1.35mn.sq.ft was transacted in Q3 FY 13, showing a 39% fall compared to the same quarter last year and 4% compared to the preceding quarter.
Emerging financial capital of India attracting office occupiers-II
Track2Realty Exclusive: Consultancy firm DTZ India believes with abundant quality supply scheduled in next 2-3 years and fast paced development of infrastructure, Golf Course Extension Road in Gurgaon and Greater Noida Expressway are the emerging markets for office space.
India among top 20 global real estate investment markets
Track2Realty: India was ranked 20th among the top 20 real estate investment markets globally with investment volume of Rs 19,000 crore recorded in 2012.
Emerging financial capital of India attracting office occupiers-I
Track2Realty Exclusive: It has been whispered in the real estate circle for quite some time, something that made the Delhi-NCR developers of office space smiling and their Mumbai counterparts worried. Amidst these MNCs and corporate looking forward to set-up their offices in India were wondering whether to go with the conventional wisdom of opting for the financial market of India or innovate with the new emerging financial centres in Delhi-NCR in general and Gurgaon in particular.