Search Results: land acquisition (330)

Advocacy Union Budget 2024-25, Budget and Real Estate, Real Estate Budget Demands, Real Estate Budget Wish List, Real Estate Budget Reaction, LTCG, Long Term Capital Gain Tax, STCG, Short Term Capital Gain Tax, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalist

Why is Indian real estate applauding Union Budget 2024-25?

Understanding the mindset of Indian real estate has never been easy. The built environment of the Indian real estate could argue and demolish the best of consumer-centric reforms. Remember the way industry body CREDAI had called RERA prior to its inception, and that too in front of the then Union Minister Kamal Nath, builder harassment and public amusement bill.  But at the same time they celebrate the self-inflicted injury on many occasions. Track2Realty finds the overtones of the sector all the more contradictory with the Union Budget, before and after the budget.

Reports Luxury Housing in India, Luxury Housing Demand, Luxury Housing Locations, CBRE Report, Anshuman Magazine, India Real Estate Report, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist

Luxury segment housing sales rise by ~27% Y-o-Y in Jan-Jun ‘24 across top seven cities

The surge in demand for luxury housing has been primarily driven by a growing preference by affluent buyers seeking enhanced amenities and more spacious living areas that complement their multifaceted lifestyle. Additionally, the aspirational class has been on an upward trend, significantly driving luxury sales. Furthermore, the rise in NRI and astute investors in the Indian real estate market has considerably contributed to the heightened demand for luxury properties.

Market Rating Data Center, Data Center in India, Investment in Data Center, Colliers Report, Investment in South India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalists

South India’s data centre market to witness 65% capacity growth by 2030

South India’s data centre market is on an impressive growth trajectory, with major cities like Chennai, Bangalore, and Hyderabad at the forefront. This surge is supported by substantial government incentives, strategic infrastructure investments, and a rising demand for digital services. The region is poised to play a crucial role in the global data centre landscape, with capacity projected to grow 65% by 2030.

Brand Rating Walth Valuation, GROHE-Hurun Report, DLF Limited, Macrotech Developers, Godrej Properties, Bagmane Developers, Phoenix Mills, Oberoi Realty, Prestige Estates, K Raheja Group, Embassy Office Park, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

DLF is India’s most valuable real estate company with a value of INR 2 lakh crore: GROHE-Hurun India Real Estate 100 Report

DLF has emerged as the top real estate company in the 2024 GROHE-Hurun India Real Estate 100, with a valuation of INR 2,02,140 crore. Following DLF, Macrotech Developers holds the second position with a valuation of INR 1,36,730 crore, and Indian Hotels Company ranks third with INR 79,150 crore. Among the top 10 companies, 60% are headquartered in Mumbai, while two are based in Bengaluru and one each in Gurugram and Ahmedabad.

Reports High End Property, Luxury Property, Luxury Property in India, High End Property Sale, High End Property Supply, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalists

37% surge in high-end property sales in Q1 2024: PropTiger

According to the report’s findings, Q1 2024 marked a discernible shift towards high-end properties among homebuyers. Notably, the share of properties priced at INR 1 crore and above in sales surged to 37%, a significant increase from the pre-pandemic levels of 2019, more than doubling in magnitude. During this period, there was substantial growth (50-55%) in demand observed within the INR 1-5 crore price bracket, closely followed by the INR 5-10 crore range, particularly evident in cities like Mumbai, Gurugram, and Bengaluru. This transition signifies a departure from purely budget-driven decisions towards properties that better resonate with buyers’ lifestyle preferences.

Analysis Brand Equity, Brand Rating of Indian Real Estate, Brand Ranking of Indian Real Estate, Best brands of Indian Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalists

Brand equity of Indian real estate a market-linked evolution

With its localized nature of business, along with the fact that historically there had been information asymmetry, Indian real estate for quite some time lacked focus on brand goodwill. Size of the real estate companies for long was seen as synonymous with big brands. With the emergence of India as one of the five key global real estate markets post the introduction of FDI in 2005, with US, UK, China and Middle East being other four geographies, the focus shifted to brand building for the first time. Track2Realty analyses how brand equity has historically been a market-linked evolution.

Company News Fiscal Performance, Quarterly Results, Real Estate Financial Results, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Websites, Real Estate Journalists

Puravankara reports highest ever sales of INR 5,914 crore in FY24; revenue up by 61%

For FY24, sales stood at INR 5,914 crores, a staggering 90% Y-o-Y increase. Sales volume increased by 84% to 7.36 mn sq ft with INR 3,609 crores in collections (+60% Y-o-Y). Total revenue increased by 61% Y-o-Y to INR 2,260 crore. Operating cash inflows for FY24 stood at INR 3,948 crores (+41% Y-o-Y), while net operating surplus was INR 513 crores (+598% Y-o-Y). Focused on value creation and future business growth, the company has incurred expenses for marketing and sales to increase pre-sales by 90% and towards General and Administrative (G&A) costs for new acquisitions in new geographies, which is reflected in the P&L.

Reports India Office Spaces, India Office Spaces Rentals, Office Spaces Higher Rentals, India Office Market, Asia Pacific Office Market, Colliers Report, Arpit Mehrotra, Vimal Nadar, India Real Estate News, Indian Realty News, Real Estate News India, India Property Market News, Best Real Estate Website, Best Property Portal

Occupiers across major markets in India willing to pay higher rentals for quality office supply: Colliers

With global corporates increasingly seeking to optimize resources, maximize savings, and drive growth, India offers a compelling proposition. During Q1 2024, India continued to witness traction in GCC leasing activity. A significant 5 million square feet (msf) of leasing activity by GCCs, represented 37% of total office leasing across the top six cities. Looking ahead, GCCs are projected to lease between 45-50 msf of office space in the next two years, constituting around 40% of total demand.

Company News Fractional Ownership, Fractional Ownership in India, Fractional Ownership Market, Fractional Ownership ROI, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalist, Ravi Sinha

hBits expands its footprint with its foray in Pune, acquires Grade A commercial property in CyberCity Magarpatta

hBits, a fractional ownership platform, has marked its entry in the second largest city of Maharashtra with the acquisition of the 44,328 square feet campus – CyberCity Magarpatta. A city within a city, the campus houses a commercial zone, a shopping mall, multiple restaurants, two schools, residential neighborhoods, a gymkhana as well as a large 25-acre serene park.  Through this asset, hBits aims to create an investment opportunity worth INR 55 crore, thus democratizing access to Grade A commercial real estate for investors. 

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.

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