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-Agencies: Noida’s upcoming mall in Sector 18, DLF’s Mall of India and four other realty projects being erected in Sector 75 have been asked to ‘stop construction’ till they get a clearance from the National Board for Wildlife, as per the reports.
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: Branding is about building strong relationship between an organization and its stakeholders, which are generally its customers. It involves establishing strong trust, connection and affinity with the general public.
Track2Realty-Agencies: The Securities and Exchange Board of India on Sunday, Aug 10, approved final guidelines for setting up of investment trusts for these sectors. This will enable Real Estate Investment Trust (REIT) and Infrastructure Investment Trusts (InvIT) to list on stock exchanges like shares and mutual fund units.
Track2Realty Exclusive: The Indian real estate sector, often perceived as a sector with problems, is currently witnessing some sort of transformation. While the sector is now witnessing policy reforms, though at a slow pace, it is also witnessing increased professionalism in the way businesses are done in the country.
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: Pune’s Grade A commercial office real estate market has been increasingly attracting the attention of major office space occupiers as a second option to Mumbai, because of its freshly available quality space options, comparatively affordable rental rates, as well as its proximity and excellent connectivity with India’s financial capital.
Track2Realty: Omaxe Limited has launched Omaxe Royal Residency – a futuristic residential apartment in the proposed approx. 50 acres mixed land use development project Omaxe City Centre, Sector 79, Faridabad. Sector 79 in Faridabad has been earmarked by the Haryana Government as a Commercial Business District (CBD). Spread over approx. 450 acres, this is one of India’s largest CBDs.