India attracted an estimated 49 billion dollars of foreign direct investment (FDI) in 2019, a 16% increase from the 42 billion dollars recorded in 2018, according to The Global Investment Trend Monitor report compiled … READ FULL STORY
Ajay Piramal-backed Piramal Fund Management’s ‘Indiareit Fund V’, has exited its investment in Bengaluru-based developer Skylark Mansions for an undisclosed amount. Piramal’s Indiareit Fund V had invested Rs 36 crores in Skylark Mansion in … READ FULL STORY
Q: Commercial real estate has outperformed residential real estate for the last few years. How would you rate its performance this year and what is the segment’s outlook for 2020? A: Commercial real estate … READ FULL STORY
The real estate market, at present, is abuzz with news about stalled housing projects, giving an impression that all projects are now at risk of failure or becoming distressed. However, the real picture may … READ FULL STORY
The first-ever Prosperity & Inclusion City Seal and Awards (PICSA) Index, was released in the Basque Country capital of Bilbao in northern Spain, on November 21, 2019. The index is designed to showcase not … READ FULL STORY
Q: RERA has brought compliance to quality control, centre-stage in the real estate sector. Does this bode well for corporate developers like Mahindra Lifespaces, for whom being compliant to quality control requirements, is anyway … READ FULL STORY
With cities become increasingly congested, commuting over long distances, is no longer a pleasant experience. This is especially true, vis-à-vis travelling to and from work and the children’s schools. Home seekers, today, are paying … READ FULL STORY
‘Micro homes’ are gaining popularity owing to the rapid rise of population and space crunch in urban India. With rising rents and housing becoming expensive over the years, home buyers are opting for homes … READ FULL STORY
The bustling Salt Lake area, on the eastern fringes of Kolkata, is shrinking at an alarming rate, a top scientist at the Geological Survey of India said. Salt Lake, mostly built by filling up … READ FULL STORY
When 22-year-old Ashish Sharma shifted from Noida to Mumbai for his MBA, he decided to rent furniture, to furnish his house. “I wanted a good, comfortable and stylish study table, wardrobe and a bed. … READ FULL STORY
The Prestige Group has inaugurated four residential and one commercial property in Bengaluru. The projects are located in Promenade Road, Koramangala, Whitefield and Yelahanka. Prestige Déjà Vu, at Promenade Road, will offer 40 apartments … READ FULL STORY
The real estate sector, which witnessed decades of traditional approaches, will now be revolutionised by ‘disruptors’ that have initiated a new wind of demand in the sector, says a report titled ‘Real Estate – … READ FULL STORY
Embassy Group has announced its foray into the co-living asset class under EPDPL Co-Living Private Limited, to cater to the growing migrant millennial workforce. The Group said that it will start its new co-living … READ FULL STORY
