Track2Realty: With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most imperative transformations is the increasing focus on planning and optimisation of retail spaces so as to extract their highest potential.
Track2Realty: The home buyers expect real estate prices to rise over the next six month, says the Housing Sentiment Index (IIMB-MB-HSI) by IIM Bangalore and Magicbricks. It forecasts the trend across 9 of the 10 cities surveyed.
Track2Realty: The formation of REITs – funds that own real estate but have shares that are listed on the stock market – will encourage the creation of big-ticket institutional-grade buildings, and will give developers a ready outlet for development projects.
Track2Realty Exclusive: The imprint in the minds of collective consciousness is about affordable market when it comes to Noida; the reality is increasingly getting different from perception. It is no more about affordable housing that defines Noida, nor is it about small industrial clusters; the multinationals and other big ticket corporate houses are increasingly rewriting the market dynamics of Noida.
Track2Realty: Across the world, the stride of migration from rural urban areas is increasing. By 2050, about 70% of the population will be living in cities, and India is no exception. India will need about 500 new cities to accommodate the rapid influx of population into its urban regions.
Track2Realty Exclusive: How realistic is the reported appreciation of property in a market where the buyers are unable to exit at even half the reported appreciation figure? Track2Realty Focus tries to decode the mystery of property appreciation to unveil the worst kept secret of the business.
Track2Realty: Godrej Properties has launched a township Godrej Gold County (GGC) at Tumkur Road, Bengaluru. Spread over approximately 1.6 acres, there will be only 22 exclusive town homes on offer. There will also be 87 villas in a natural setting.
Track2Realty: According to recent CBRE report—How Global is the Business of Retail?—new trends identified in the global retail market saw retailers focusing on larger markets in 2013, with 83% of the survey cities witnessing at least one new entrant in the year (compared to 81% in 2012), while the top target markets saw a 28% rise in new entrants.
Track2Realty-Agencies: An FIR has been lodged against seven persons including real estate baron, Amrapali Group’s, Anil Kumar Sharma in Bihar’s Lakhisarai district in connection with the murder of a former secretary of an educational trust who was shot dead.
Track2Realty: The IT/ITeS sector continues to be a dominant growth driver for Bangalore, and some areas stand out from the rest as far as the impact of this sector is concerned. Whitefield in the eastern part of Bangalore is one such area. Whitefield was an early settlement in Bangalore and remained a quaint little suburb till the 2000s, when Bangalore’s IT boom reshaped Whitefield into a major suburb.