Browsing: Track2Realty Newsletter

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Network Wave Gardens, Wave Group, Wave city, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Wave Estate launches new apartments & penthouses in Wave Gardens, Phase II, Mohali

This IGBC pre-certified Silver-rated green township has internationally designed open and green spaces by renowned consultants “ATKINS UK”. Round-the-clock security with surveillance cameras will ensure the safety of its residents. An elite Community Center for Wave Gardens with a Gym, Yoga & Aerobics Room, Library, Carrom and Cards Room, Kids Play Zone, Restaurant, Swimming Pool, Multi-purpose Recreational Hall, etc. will make coming home a pleasurable experience.

Reports Goa Holiday Homes, Goa Property Market, Goa Real Estate, Real Estate in Goa, Holiday Homes in India, Holiday Home Destinations, India Real Estate News, Indian Realty News, Real Estate news India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Goa is top choice for holiday homes: Survey

The real estate market of Goa is also expanding not only in terms of buyer interest but also geographically. The once-limited property market is now spreading across new areas, offering a wider variety of options to buyers. Alongside this expansion, there has been a notable rise in property prices. What was once a market catering to properties valued between Rs 5 crore and Rs 15 crore has evolved, with some villas now fetching prices of up to Rs 100 crore. This surge reflects the growing interest from ultra-high-net-worth individuals who are seeking exclusive, luxury homes in the region.

Reports Office Building in India, India Office Market Report, Office Demand in India, Office Supply in India, Office Absorption in India, Office Leasing in India, Office Trends in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists, Anshuman Magazine, CBRE Report, CBRE Office Report

Office leasing likely to record a historic high of ~70 mn. sq. ft in 2024 across top 9 cities in India

Office leasing is likely to record a historic high of ~70 mn. sq. ft in CY 2024 across top 9 cities in India as per current estimates, says ‘CBRE India Office Figures Q3 2024’. The last highest office leasing was recorded in CY 2019 at 66.6 mn. sq. ft. The office demand will be driven by both global and domestic occupiers, who are expected to continue expanding their operations and consolidating their facilities to strengthen their market presence. GCCs are poised to expand significantly in India, accounting for about 35-40% of the total office leasing.

Reports Real Estate Investments, Investments Up in Real Estate, Colliers Report, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Institutional investment inflows in Indian realty touch USD 1.1 bn: Colliers

Q3 2024 attracted USD 1.1 Bn inflows, 45% higher over Q3 2023. Office segment drove over half of the investments in Q3 2024, followed by residential with 33% share. Domestic investments accounted for 44% of the total investments during the quarter. Chennai & Mumbai cumulatively attracted 57% of the inflows in Q3 2024. Sustained confidence in Indian economy continued to drive institutional investments into the real estate sector, reaching USD 4.7 billion during the first three quarters of 2024, almost at par with the corresponding period in 2023. Following significant inflows in the first two quarters, Q3 2024 too registered healthy investment inflow of about USD 1.1 billion, reflecting a 45% YoY growth.

Reports Office Work Force, Unispace Study, Work From Home, Hybrid Office, New Office Trends, Employee Engagement Trends, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Indian workers report highest satisfaction with hybrid working, claims Unispace Study

97% of employees and 98% of employers in India surveyed by Unispace say they are satisfied with their hybrid working arrangement. Employees in India are least likely to spend time at their desks while working from the office (50% vs. 64% globally). Subsidized travel (i.e. parking or public transportation), access to training and development programs, and free drinks, coffee and snacks rank as the top three reasons for Indian employees to spend more time in the office. Worldwide, employers’ confidence in their workplace’s capacity to foster innovation shows a downward trend.

Reports Manufacturing in India, Made in India, Industrial & Logistics Real Estate, CBRE Report, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

India emerging as a global manufacturing hotspot

In a report titled, ‘Fortifying India’s I&L landscape with a new manufacturing growth formula’, property consultant CBRE claims that the manufacturing sector’s growth has significantly contributed to warehousing demand. The share of sectors catering to the manufacturing space, including engineering & manufacturing, electronics & electricals and auto & ancillary sectors, within the total warehousing demand across major cities, has increased substantially, growing from 15% in 2019 to 24% in 2023 and 25% in H1 2024. The total leasing for warehousing from these manufacturing-related sectors stood at 4.1 mn. sq. ft. in H1 2024.

Reports Office Demand in India, Office Absorption in India, Office Supply in India, India Office Market Report, Colliers Office Report, Grade A Office Spaces in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Realty News, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Office demand soars: 47 msf in 9 months, at 23% yoy growth

Strong leasing activity in the first three quarters of 2024 has pushed Grade A office space demand to 46.7 million sq ft across the top six cities of the country. Building on the momentum in first half of the year, Q3 2024 saw space take-up to the tune of 17.3 million sq ft, a 31% year-over-year (YoY) growth. Bengaluru and Hyderabad accounted for over half of the leasing activity during this period. Bengaluru registered its highest ever leasing in any quarter at 6.3 million sq ft, continuing its dominance in the office market. Pune, notably, with 2.6 million sq ft of leasing activity, recorded 2.6X times space take-up compared to Q3 2023.

Reports Magicbricks Report, PropIndex Report, Residential Demand in India, Residential Supply in India, Residential Capital Appreciation in India, Residential Rental Returns in India, Housing ROI in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Residential Demand Surges 12.3% QoQ Amidst 8.3% Capital Appreciation, Reveals Magicbricks’ PropIndex Report (Jul-Sep 2024)

The report further observed that growing interest in under-construction (UC) properties has resulted in a capital appreciation of 11% QoQ across the tracked cities, with significant growth seen in Thane (19.5% QoQ), Gurugram (17.3% QoQ) and Noida (14.5% QoQ). Additionally, the report indicated that demand for 3BHK units continues to dominate, accounting for 50% or more of total demand in most cities, except for Chennai, Navi Mumbai, and Thane, where 2BHK units remain the preferred choice.

Beyond Headlines K Raheja Corp Data Center, Mindspace REIT Data Center, Mindspace Business Park Airoli, Princeton Digital Group, India's Largest Data Center, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist

Princeton Digital to set up Data Center Campus at Mindspace REITs Business Park

The REIT has already developed 2 data centers for PDG, measuring ~0.63 million sq. ft. Upon completion, the Business Park will feature 5 cutting edge data center buildings and the total data center footprint within the Mindspace REIT portfolio will stand at ~1.65 million sq. ft. This landmark development spanning ~15 acres, will become a part of the larger 50-acre campus ecosystem of Mindspace Airoli West.

Network Sattva Lumina, Sattva Songbird, Sattva Group, Salarpuria Sattva, New Project Launches in Bengaluru, North Bengaluru Housing Project, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Sattva Group launches two projects in North Bengaluru

On the Yelahanka-Doddaballapur Main Road, Sattva Lumina spans 13 acres that houses studio, 1, 2, and 3 BHK homes in G+29 high-rise towers. The development is anchored by a 25,000 sq. ft. retail mall offering boutique shopping, vibrant cafés, and fine dining, turning everyday errands into moments of joy. Complementing these living spaces are carefully curated amenities—bloom gardens, cricket nets, and two expansive clubhouses spread over 50,000 sq. ft.—that bring the idea of community to life.

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