Search Results: infrastructure development, (827)

Reports Leasing, Office Leasing, Commercial Space Leasing, Office Market Report, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, India Property News

Office leasing expected to cross 50 msf

India office holds upside potential to scale up to 60 msf in 2024. Domestic enterprises to account for over half of the office demand during 2024. GCCs to gain further ground accounting for over 40% of the total demand. BFSI and Engg & Mfg. to drive demand for Grade A office spaces. Flex spaces are likely to drive about 15-20% of the overall leasing in 2024. Large-sized deals of 100,000 sq ft or more, projected to account for 50-55% of 2024 leasing activity. About 30-35% of Grade A office demand is likely to come from PBDs in 2024.

Reports House Price Appreciation, Property Appreciation, House Price Index, Property Prices in India, CREDAI, Liases Foras, Colliers India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Has housing price across India surged in the last two years?

Has housing price surged across India in the last two years? A report says it has surged 20% from 2021 to 2023, led by significant growth in demand. As per the Housing Price Tracker Report by CREDAI – Colliers – Liases Foras major cities like Bengaluru, Delhi NCR and Kolkata witnessed about 30% rise in housing prices in two years. Unsold inventory in Delhi NCR dropped the highest during 2021-2023 period, at 19%, followed by Chennai and Pune. Housing prices across top eight cities in India increased 9% YoY in 2023. Track2Realty reports.  

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 Construction Workers, May Day, International Labour Day, Labour Shortage, Labour Crisis, Labour Wages, Cost of Labour, Masonry, Carpenters

Will Labour Day be any different this year?

Shankar Mishra is a masonry worker at a construction site in Bengaluru. During the peak of the Covid-19, he was one among the thousands of workers who had no other option but to reverse migrate facing all odds. He thought at that point of time that his career as a mason worker was over. However, he had the surprise of his lifetime when the developer’s construction manager called him back and even offered to send a flight ticket for the same. Track2Realty traces the labour condition post the pandemic.

Finance Union. Budget, Finance Minister, Nirmala Sitaraman, Realty & Budget, Budget Wish List, Budget Expectations

Realty stakeholders hail Union Budget despite unmet expectations

The Union Budget 2023-24 has by and large ignored the long standing and some immediate concerns (even needs than wants) of the Indian real estate sector. The Finance Minister has not only ignored the supply side of the business, but also didn’t bother to address the demand side, that is the home buyers. Ironically, the leading voices of the sector are still happy with some of the intangible gains even though tangible benefits are non-existent. 

Finance Union Budget 2022-23, Union Budget, Budget Wish List, Real Estate Budget Wish List, Budget & Real Estate, Aditya Kushwaha, Axis Ecorp, Pradeep Agrawal, Signature Global, Amit Goenka, Nisus Finance

Sector parroting old demands; Union Budget expected to make political statement

The Union Budget this time would be the last full budget ahead of the General Elections due next year. The real estate sector is yet again parroting the old demands, with the only difference being that the concerns of the home buyers too finds a place in their wish list. The developers have come to realise that the home buyers can no longer be ignored as they are the most necessary in the real estate business cycle.

Policy High Rise Building, Structural Audit, Noida Authority, Builder Fraud

Noida Authority formulates policies for structural audit & pet ownership

The meeting was Chaired by UP Infrastructure and Industrial Development Commissioner and Noida Authority Chairman Arvind Kumar in presence of Noida Authority Chief Executive Officer Ritu Maheshwari.  In relation to structural audit of multi-storey buildings located in the authority area, the statement said that “the structural policy was prepared by the Noida Authority on the demand of flat buyers and AOA, in which the Structural Audit Policy has been approved by the Authority Board with partial modifications.”

Commercial Demand Drivers of Commercial Real Estate, Commercial Real Estate, Commercial Property Market, Retail Spaces, Office Spaces, Commercial Property Investments

Emerging demand drivers of commercial real estate

Real estate in general and its future growth in particular is defined by its demand drivers. It is relatively easier to forecast the demand drivers in the residential sector. Reason being that the economic activities indicate the migration of the workforce and hence inherent need for housing. However, to forecast the emerging economic activity, both sector wise and region wise, is more often than not guesstimate, finds Track2Realty.

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