Search Results: mumbai (2193)

Reports Office Space, Co Working Space, Flexi Spaces, CBRE South Asia, Anshuman Magazine, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal

Flexible space operators emerge as the second-largest sector in Jan-Mar ’24 leasing, with a share of 22%

Global Capability Centres (GCCs) accounted for a share of one-third in the overall India office leasing in Jan- Mar ’24. Within the GCCs space take-up, E&M companies contributed to over one-fourth share, followed by automobile firms. Bangalore led the chart for GCC leasing, boasting a 60% share, followed by Hyderabad with 26% and Delhi-NCR with 9%. Notably, 38% of the large-sized deals (exceeding 100,000 sq. ft.) were secured by GCCs during this period, underscoring their significant impact on the office leasing landscape.

Network Aarambh Avyaan, Group Satellite, Mumbai Property, Malad East Property, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market, Best Real Estate Website, Best Property Portal

Group Satellite launches Aarambh Avyaan

Nestled in a strategic enclave of Malad East; Aarambh Avyaan benefits from exceptional connectivity including metro access, Western Express Highway and proximity to the airports and upcoming Goregaon-Mulund Link Road, promising robust growth and appreciation potential. The project not only offers a significant lifestyle upgrade but also stands as a unique investment opportunity, with potential rental yields soaring beyond 4%, outpacing Mumbai’s average of 2.5-3%.

Reports House Under Construction, Under Construction Property, Magicbricks, Abhishek Bhadra, Propindex, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website

Prices of under-construction projects increase 30.6% YoY across top 13 cities: Magicbricks Propindex Report

The report highlights a continued uptrend in aggregate demand across the top 13 cities between January and March 2024, registering a robust growth of 6.9% QoQ. Moreover, after a period of relatively subdued supply, there has been a modest 0.9% QoQ increase this quarter. Despite this, the demand continues to outstrip supply, resulting in a 2.9% QoQ increase in residential prices across these 13 cities. Noida (7.4% QoQ), Greater Noida (7.2% QoQ), and Chennai (5.5% QoQ) recorded the highest appreciation in property prices.

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. 

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.  

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

Consumer Connect

It may not be crashlanding but all’s not well for Indian real estate in 2024

At the beginning of 2024, as the Indian real estate stakeholders (self-styled industry experts within the realty media landscape) are yet again influence peddling their bullish narrative, the reality check by Track2Realty clearly finds that the sales growth post-Covid has neither been broad based nor democratic. Real estate is yet again emerging as a parking lot of big money post the pandemic, as visible with the off-take of luxury & super luxury despite the stagnant job growth and wage growth.

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.

Consumer Connect Festive Survey, Festive Home Buying, Festive Property Sale, Festive Property Offers, India Real Estate News, Indian Realty News, Indian Property Market, Track2Realty Survey, Fence Sitting Buyers, Festive Offers

Fence sitting buyers need hand holding this festive season

The quest for property has not subsided among the Indians; nor do they have any doubts over the appreciation potential of real asset. They still consider property the tangible asset class that is less prone to market volatility, compared to stock market and other avenues of investment. However, they need a bit of cushioning this festive season to take a plunge into the property market.

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