Search Results: indian government (982)

Consumer Connect Affordable Housing, Low Cost Housing, Affordable Housing Price, Affordable Housing Rent, Affordable Housing GST, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Ravi Sinha, Real Estate Journalist

How to make housing more affordable?

No one has got a clear answer to the core of the problems and every industry  stakeholder has his own point of view. However, the economies of scale suggests it definitely helps the developers to undertake cost-effective measures since material procurement happens at a group level. This gives large developers an advantage over other smaller developers and projects. Also, the duration of construction has an impact on the cost. The developers must ensure the completion of projects on time, which could help us sell the properties at a faster pace and keep the cost under control. 

Advocacy

Real estate victim or guilty of snail-paced manufacturing?

The question is what needs to be done. Or in other words, how could real estate consume more out of ‘Make in India’ manufacturing? The question in itself is flawed, if not in sync with the larger eco system issues. Setting up and making a manufacturing unit in India comes with its own challenges. Cheap labour alone would not give India any edge or cost arbitrage over the export items. ‘Make in India’ has to move beyond the rhetoric of nationalism and reforms have to be introduced at each and every level, ranging from lower corporate tax to labour laws and making the country a happy hunting ground for the manufacturers of the world.

Reports Money, Stressed Assets, Stressed Real Estate Asset, Recovery of Stressed Assets, ASSOCHAM, CRISIL Rating, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Best Real Estate Website, Best Property Portal

Booming real estate results in higher recoveries of stressed assets; trend visible in power, other sectors: ASSOCHAM-CRISIL Ratings study

Recoveries in real estate topped the list, followed by the road sector thanks to several policy interventions, turnaround in these industries as also an overall positive macroeconomic. ”Real estate is seen to recover 77-82% of the acquired debt (by asset reconstruction companies) over eight years followed by highway tolling with a recovery of 58-63 per cent,” the study noted. 

Market Rating Religious Places Property, Sacred Places Property, Spiritual Places Property, Mathura Property, Kashi Property, Varanasi Property, Vrindavan Property, Shirdi Property, Tirupati Property

Sacred cities see a retail boom as spiritual tourism surge

The surge in spiritual tourism can be attributed to enhanced infrastructure, including well-connected roads, airports, and public transportation, as well as the development of various accommodation options such as hotels, guesthouses, and wellness centres. To meet the growing demand for spiritual travel, local governments and businesses are joining forces to create unique retail experiences. This includes integrating local practices into the design and offerings of shops, restaurants, and hotels. Cities like Amritsar, Varanasi, Madurai, Puri, Guruvayur, etc. are leveraging their unique culinary traditions and local fashion expertise to further attract and engage visitors.

Reports India Office, India Office Market Report, Indian Office Occupancy, India Office Absorption, Best Property Portal, Best Real Estate Website, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Colliers Report

Q1 2024 off to a strong start; Office leasing surges by 35% YoY to 13.6 msf

Bengaluru and Hyderabad emerged as frontrunners for demand of Grade A office space in Q1 2024, cumulatively accounting for more than half of the India leasing activity. The office market of Hyderabad especially demonstrated a strong momentum with 2.2x space uptake in Q1 2024 as compared to the corresponding quarter last year. This demand was driven by Healthcare & Pharma and Technology sectors. Amongst other major office markets, Mumbai too experienced a notable surge in leasing activity, an impressive 90% YoY rise in Q1 2024. 

Reports High Street, Malls, Retail Real Estate, Luxury Real Estate, CBRE South Asia, PHD Chamber of Commerce and Industries, Anshuman Magazine, Best Real Estate Website, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market

High Streets emerged as the top leasing choice for luxury brands in 2023, recording over 100% Y-o-Y growth

The overall leasing by luxury brands across the formats stood at 0.6 mn. sq. ft. in 2023, at almost 170% Y-o-Y growth. While High Streets constituted a 45% share in the overall luxury retail leasing in 2023, luxury brands’ stores in Malls followed at 40% and standalone stores accounted for the remaining 15%. This surge in leasing has been accompanied by the entry and expansion of various international luxury fashion, watch and jewellery brands across different locations. The eight cities tracked for leasing include Delhi-NCR, Mumbai, Bangalore, Kolkata, Pune, Ahmedabad, Chennai, and Hyderabad. 

Market Rating Noida Extension, Greater Noida West, Gautam Buddha Nagar, Mahesh Sharma MP, DMRC, NMRC, Metro Train, Home Buyers' Protest, Noida Extension PropertyGreater Noida West Property, Property Prices In Greater Noida, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Taken for granted voters behind Greater Noida West plight

Greater Noida West, or Noida Extension in popular parlance, is a case study in how a high potential property market suffers from years of systematic plight. Reason is more political apathy than administrative callousness, and the home buyers in this part of the world are waiting for basic services like Underpass, Metro Rail, Foot Over Bridge among others for around a decade now. A micro market with around a million (10 lakh) vote bank, taken together voters of high-rise apartments & adjoining villages, is part of Gautam Buddha Nagar Lok Sabha constituency. Ravi Sinha finds that the citizens in this part of the world have no one but themselves to blame for having allowed elected representatives to treat them as taken for granted voters.

Market Rating

Ayodhya emerges as a property hotspot

The holy river Saryu flows quietly; unmindful of the fact that on its bank, Ayodhya is fast emerging as the epicenter of economic growth and global tourism hub. The property landscape of the sleepy city till recently has made a giant stride in the last three years. Envisaged as a spiritual center and tourism hub, Ayodhya is also attracting big ticket economic corridors. A Track2Realty report.

Headlines Festivals, Festival Buying, Property Festival Sales, Festival Property Buying, Property Sales Offers, Indian Real Estate News, Indian Realty News, Indian Property Market

Optimism on the surface this festive season eve

Indian real estate has historically been very optimistic on the eve of every festive season. The post festive season sales number may not back the pre-festive bullishness, but the sector has been known to be hoping to make merry year after year. After all, real estate is a sentiment driven business and the stakeholders try best to create an ambience of positivity to bring the fence sitting buyers back to the market, often with festive discounts and freebies.

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