Search Results: mumbai (2193)

Headlines Cost Escalation, Real Estate Input Cost, Real Estate Returns, Home Price Hike, Quality of Housing, Indian Real Estate News, Indian Realty News, Indian Property Market

Indian developers’ catch 22 with compromise quality or escalate cost

The input cost escalation has indeed brought the catch 22 situation for the real estate developers in this part of the world. As per the industry estimates, the input cost of various construction raw materials has surged from 20-35 per cent in the last 12-18 months. The property prices in the proportional ratio have not increased and in most of the micro markets across India the prices during the said period are at a standstill.

Reports Indian Real Estate News, Indian Property Market News, Festive Survey, Real Estate in Festivals, Festive Property Buying, Auspicious Home Buying

Home buyers expect price appreciation on festive season

The months before the festive season are generally lull for the property market. Indians are mentally wired to buy the high valuables on the auspicious dates during the festivals. However, this seems to be changing in the property market this time around, as economic rationale indicates preference over religious beliefs. The vast majority of the home buyers anticipate price appreciation during the festive season.

Commercial CBD Office, CBD, PBD, Commercial Property Returns, Real Estate ROI, Real Estate Returns, Retail Spaces, Office Spaces

ROI with commercial spaces of CBDs changing

Should businesses continue to operate out of old jaded buildings at the heart of the city? Is it more convenient for the commercial activities to move to the upscale swanky offices on the periphery locations where the cost of doing business per square feet is much lesser? Is ‘Walk to Work’ only a city center reality across the urban pockets? These are the subjects of serious discussions across the built environment of commercial real estate world over, finds Track2Realty.

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.

Reports Greenfield Projects, Whitefield Projects, Construction Cost, Project Cost Escalation

Greenfield construction cost rises 5-7%, labour cost up by 8-10% Y-o-Y in Q3 2022

The outlook for construction costs remains stable but cautious, as market volatility is likely to persist in 2023 along with monetary tightening, continued high inflation, a possibility of a recession in developed economies and geopolitical turmoil-related challenges going forward. Therefore, CBRE forecasts a marginal rise in the overall construction costs during 2023 across cities, with Mumbai likely to witness a sharper rise. 

Editorial PNC Menon, Sobha Limited, Sobha Dubai, Dubai Real Estate, Best brands. Real Estate Brands, Legends of Real Estate, Real Estate Veterans

Quality & legal compliances key for global brand success: PNC Menon

While other developers aspiring to go global are tying up with international brands, PNC Menon, founder and Chairman Emeritus of Sobha Group believes in organic growth of the brand. In an exclusive interview with Ravi Sinha at his Dubai office, he explains how Sobha has the inherent resilience to succeed anywhere in the global market. Focus on quality & don’t break the law is his mantra of global brand leadership. 

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.

Consumer Connect Independence Day, India at 75, Freedom From FSI, FSI, FAR, FSI & Density Norms, FSI Free Cities

Will freedom from FSI lead to affordable housing for all?

Freedom is a luxury and it means different things to different set of people. The stakeholders within the built environment of the Indian real estate too have their own set of definition when it comes to what defines their freedom. While for a home buyer, freedom is to have a rent-free house of one’s own at an affordable price, for the developers the quest has been freedom from multiple bottlenecks – single window clearance, industry status, easy funding and, most importantly, FSI free developments. Track2Realty investigates whether ‘Freedom From FSI’ would be boon or bane. 

Reports Women Realtors, Women in Real Estate, Women & Real Estate, Women & Property Market, Women Property Agents, Women Property Brokers, Women Property Trends, Women Property Survey

Issues beyond perception behind gender inequality in real estate

Gender equality, or rather lack of it, in the business of real estate is a reality that no one would deny. Real estate by all means is a man’s world in this part of the world. Barring a few exceptions, where the wives or daughters of the developer have been given spotlight, a typical real estate enterprise doesn’t have a sizeable presence of women workforce. A Track2Realty Pan-India Survey.

Policy Union Budget 2022-23, Budget & Real Estate, Budget & Property Market, Budget & Housing, Budget & Home Buyers, Finance Minister, Nirmala Sitharaman

Union Budget 2022-23: Unanswered questions for real estate

The Union Budget 2022-23 lacked any fresh ideas as far as the real estate in general and the housing market in particular is concerned. Most of the announcements are more or less the extension of the old schemes and roadmaps. The euphoria of the industry stakeholders ahead of the budget turned into a deafening silence in the next few hours of budget speech.

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