The residential real estate market has witnessed its lowest first-half sales and launches in the last five years, along with a resurgence of the affordable housing sector in H1 2017, says a report titled … READ FULL STORY
Tamil Nadu Housing and Urban Development Minister, K Radhakrishnan, on July 3, 2017, announced that the whole of Kancheepuram and Tiruvallur districts, besides Arakkonam taluk in Vellore, would be included in the Chennai Metropolitan … READ FULL STORY
According to a study by property consultant Jones Lang LaSalle (JLL), since Bengaluru and Pune both rely heavily on IT companies, not only for job creation but also to drive office and residential real … READ FULL STORY
DLF Cybercity, which commenced operations in 2007, on May 10, 2017, announced the expansion of Phase III of its SEZ in Chennai, covering 1.6 million sq ft, a company statement said. Reaffirming the company’s … READ FULL STORY
Chennai has witnessed a huge influx of population, owing to the growth in employment opportunities, especially in the IT and manufacturing sectors. Obviously, this had led to a rise in the demand for properties … READ FULL STORY
Xander Group, on May 2, 2017, signed a deal with Shriram Properties, to acquire 100 per cent stake in Shriram’s Gateway SEZ in Chennai, for USD 190 million (Rs 1,250 crores), with a further … READ FULL STORY
Global realty investments into India, rose by 3 per cent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by … READ FULL STORY
PropTiger.com, on April 26, 2017, released the findings of its ‘Realty Decoded Report’ for the January-March quarter of the financial year 2016-17 (Q4, FY17). As per the report, the real estate sector in India … READ FULL STORY
Pointing out that the Mumbai Port Trust (MbPT) is the biggest landlord in the city, Union Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has revealed plans for a dream project, to develop … READ FULL STORY
On the back of a recovering economy, India’s office market is likely to remain firm in the coming quarters. The gross office take-up in India amounted to 9.3 million sq ft (8,63,998 sq m). … READ FULL STORY
For a long time, the property market was going through the problem of excess unsold inventory, but the property rates were not falling. Now, according to various media reports, property rates have fallen, after … READ FULL STORY
When it comes to taking a property on rent in India, tenants often have to pass through a number of uncomfortable questions, ranging from food habits to personal lifestyle choices. Consequently, a majority of … READ FULL STORY
The ticket size of new launches across the top eight cities of India (Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune), witnessed an average decline of 14% year-on-year (y-o-y), according to a report … READ FULL STORY
