As a general trend, employment opportunities in an area have a significant impact on property demand – higher the job opportunities available in an area, greater is the demand for properties in its vicinity. … READ FULL STORY
Indian cities witnessed strong office demand in Q2 2018, with about 12.6 million sq ft of gross absorption recorded, indicating a 10 per cent quarter-on-quarter (QoQ) growth, in office leasing activity. “As a result … READ FULL STORY
Defence minister Nirmala Sitharaman has given the go-ahead to the Karnataka government for using defence land for infrastructure projects in Bengaluru, with the condition that the city’s civic body, the Bruhat Bengaluru Mahanagara Palike … READ FULL STORY
Spread over a three-side open plot of 2.72 acres in Hebbal Kempapura, off the Ranna Road, Vaishnavi North 24, a gated complex has been meticulously-planned, with inclusion of high-end design features, environment-friendly systems and … READ FULL STORY
New launches across the top nine cities declined by 20 per cent in Q2 2018 (April, May and June) over Q2 2017, whereas, sales were within two per cent of last year, according to … READ FULL STORY
The secondary real estate market in India has started showing signs of recovery, after being hit by the demonetisation drive. However, the industry and property buyers expect the government to streamline the market. A … READ FULL STORY
The productivity of an enterprise, is directly proportional to the happiness index of its manpower. However, when it comes to Indian real estate, a vast portion of the workforce remains disillusioned, while businesses seem … READ FULL STORY
According to data from job site Indeed, the real estate sector in India has seen a drop in the number of job postings, by eight per cent from May 2017 to May 2018, in … READ FULL STORY
There has been a whopping 50 per cent jump in overall new housing launches in Q2 2018, over the preceding quarter, with the maximum supply in the affordable segment (less than Rs 40 lakhs). … READ FULL STORY
Neelam Manjunath is a true-blue revolutionary whose methods are sometimes called radical, even. After all, she is promoting the use of bamboo as a replacement for steel in building construction. Proving that this is … READ FULL STORY
The Supreme Court, on July 5, 2018, asked a panel headed by former Delhi High Court judge, justice SN Dhingra, to proceed with the auction of real estate major Unitech Ltd’s unencumbered properties at … READ FULL STORY
The new regulatory changes and the changing market dynamics, will not adversely challenge the end-user driven markets, says Ashish R Puravankara, managing director of Puravankara Limited. In an exclusive interview with Housing News, Puravankara … READ FULL STORY
Mumbai is the most expensive city for expatriates in India, according to a global consulting firm’s Cost of Living Survey, released on June 26, 2018, with Hong Kong topping the list as the world’s … READ FULL STORY
