Search Results: realty bill (633)

Reports Office Space in India, Office Space Absorption, RICS Report on Office Space, Colliers Report on Office Space, Trends in Office Space, Designs of Office Space

Average annual office space gross absorption pegged at 50 million sq ft between 2019-2023: RICS – Colliers Research

Colliers International foresees robust demand from GICs, with leasing by GICs across six major cities in India to be in the range of 32.5 million sq ft between 2019 and 2021. Over 2014-2018, occupiers leased about 53.0 million sq ft of office space in multi-tenanted buildings for their GICs. Bengaluru led the demand with about 20.1 million sq ft, followed by Delhi NCR and Hyderabad. Further, we found that companies from the engineering, energy and manufacturing sectors favoured Bengaluru, which accounted for 32% of GIC demand between 2014-2018.

Market Rating Tardeo Mumbai Luxury Housing, India's Costliest Property Market, Most Expensive Housing Market, Luxury Housing Market, ANAROCK Property Consultants, Anuj Puri

Mumbai’s Tardeo leads India’s top 10 most expensive housing locations

Even as India’s middle-class grapples with the prospect of an uncertain future in their careers and financial ability – the main drivers of housing demand – the rise of India’s super-rich continues unabated. According to Credit Suisse report, there were an estimated 3.42 lakh dollar-millionaires in India as on mid-2018 who collectively held around USD 6 trillion. It is forecast that 5.26 lakh Indian dollar millionaires’ wealth will be around USD 8.8 trillion by 2023. Market fluctuations make very little difference to the personal networth of these individuals.

Beyond Headlines Online Furniture Shopping, Online Furniture Business, Pepperfry, Homelane, Finance Intellect Report, Nilkamal, Urban Ladder, Furlenco, Livspace

Going online before opening physical stores is ideal

Furniture players are also experimenting with design and interior modelling of homes. Through an online presence and an influencer network, players are investing in this side of the business. As a result, furniture players are not just your simple sofa sellers, they are much more! They now offer new-age designs, suggest home improvement tips by way of customization and site visits by their own ‘design officers’. These specialized services win over the traditional furniture store operators in terms of post-sales services delivery and customer satisfaction. 

Company News Co Living Spaces, Investment in Co Living, Co Living Operators in India, Embassy Co Living, Embassy Group

Embassy forays into co-living

Embassy Group will target students from colleges and working professionals employed with multinational companies in organized Grade A Business parks across major cities namely Bangalore, Pune, Hyderabad, Delhi NCR, Mumbai, and Chennai. The official brand launch is planned by the end of 2019 with a flagship project in Bangalore, followed by Pune. 

Analysis Co Working Space, Co Working Space in India, Success of Co Working, Investments in Co Working, Trends in Co Working, Innovations in Co Working

Huge investments enabling co-working spaces to scale up and innovate

Over the last few years, co-working spaces have gained popularity with start-ups, small and medium enterprises (SMEs) and large corporates. Unlike the traditional business centres, co-working offices offer unique amenities such as a gymnasium, spa, a food court, gaming zones, sleeping pods, crèche services etc. These attributes have helped popularize co-working spaces among employees, entrepreneurs and corporates alike.

Column Indian Flag, Independence Day Special, Indian Real Estate Post Independence, Housing For All, Real Estate Reforms, History of Indian Real Estate

72 years of independence – A bittersweet dawn for India’s housing sector

It was not the magic wand it was hoped to be. However, over the past two years, the Real Estate Regulatory Act (RERA) has brought more sanity – and the return of consumer power – than seemed possible in such a short time. The real estate sector is still struggling with it and the Act is very much work-in-progress in many states, but RERA nevertheless hangs like a sword of Damocles over a previously unregulated industry. Eventual compliance across the board seems inevitable.

Column JC Sharma, Sobha Limited, Union Budget 2019-20, Budget Wish List of Real Estate, Budget Demands of Real Estate, Real Estate & Budget

Budget augurs well for Indian real estate

The last few years have witnessed increasing focus on the affordable housing segment.It remains a key segment for the Government towards its mission of ‘housing for all’.  To provide further impetus to affordable housing segment, the Government has sanctioned over 81 lakh homes under PMAY Urban scheme with an investment of about 4.83 lakh crore. 

Reports Housing Delayed, Delayed Housing in India, Project Delays in Housing Market, Stalled Housing Projects, Stuck Housing Projects, Unviable Housing Projects, Due Diligence of Home Buyers

1.74 lakh homes in 220 projects completely stalled in Top 7 cities

ANAROCK research reveals that as many as 220 projects equalling 1.74 lakh homes are completely stalled in the top 7 cities alone. Launched either in 2013 or before, these projects have absolutely no construction activity going on. The overall value of all stalled units is estimated to be more than INR 1,774 billion. Most of these projects have been grounded due to either liquidity issues or litigations.

Reports Home Finance, Housing Finance Companies, NBFC Crisis, Funding Gap in Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Housing Finance continues to face multiple headwinds: India Ratings & Research

Multiple Challenges for HFCs Still in Play: The housing finance sector has been facing challenges, which have led to a contraction in spreads, a rise in funding cost and an increased spotlight on their asset-liability mismatches. Such mismatches have resulted in constrained financing from both market-based sources (CPs and NCDs) and banks for many players. 

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