TOD in a jam-packed Gurgaon?
News Point: One day of rain and the life goes…
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Sobha launches luxurious Sobha City in Delhi-NCR
News Point: #Sobha Limited will launch its first luxury apartment…
Mumbai home to highest UHNIs yet home sales slow
Bottom Line: It is ironic that Mumbai that is home…
US$1 trillion to enter global real estate markets in 2016
Bottom Line: The global investor survey conducted among CBRE clients…
Asia Pacific investment demand to remain strong but activity set to moderate
Shortage of investible stock but opportunities in structural investment themes. …
Real(ty) reasons in Mumbai to feel excited in 2016
To say that the year 2015 has not been very excisiting for the real estate market across the Mumbai Metropolitan Region (MMR) would be stating the obvious. The slowdown in the macro-economy, wait & watch by the homebuyers in the property market, relatively higher cost of borrowing till late and fate of reforms oriented policies hanging in uncertainty all collectively dampenend the property market in India’s financial capital. Will the year 2016 be any different?
Office space strong catalyst to housing revival in Mumbai
In the evaluation of sustainability of a housing market, the absorption of office space is the prime indicator across the world. After all, it is the economic activity and the job magnet that fuels the demand for new houses. The city of Mumbai has always been blessed on that count due to demand and supply dynamics.
Navi Mumbai – A success story of sustainable urbanization
The idea of creating a new city as a counter magnet to Mumbai was originally envisaged in the Regional Plan of Mumbai Metropolitan Region (MMR) in 1965. The actual planning process of this new city began in 1971 after the formation of CIDCO, a Government-owned company for development of cities.
Expat Indians a key demand driver of property
Track2Realty Exclusive: The property markets of the financial capital Mumbai and the political capital Delhi has always been exposed to the reality that it is the expat Indians, the working class professionals, who are the key demand drivers of property. However, in the last over a decade or so this outlook on the migrant work force has become a pan-India phenomenon.
Poised for growth; potential to be most attractive and transparent market
Track2Realty Exclusive: The time of transition for the Indian real estate and construction sector has finally arrived. Since last few years, a number of regulations pertaining to the real estate market were put on hold. A number of them are now at the draft stage waiting for Parliament’s approvals.