India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
According to rating agency CRISIL, the demand for residential properties is unlikely to revive in the next 12-18 months, as the fundamental problem of lack of end-user buyers, is unlikely to change any sooner. … READ FULL STORY
Residents of Mumbai and Pune far outnumber those from other cities, when it comes to the desire to own a holiday home. A Track2Realty survey found that more than two-thirds of Mumbaikars would like … READ FULL STORY
A Supreme Court bench, headed by justice Madan B Lokur, has asked the centre to inform it about the status of funds disbursed by them to the states, for preservation of wetlands and also … READ FULL STORY
Three Indian metros – Bengaluru, Mumbai and Delhi – earned the highest prime office yields, among 34 leading international markets, according to a report by Knight Frank, titled ‘Global Cities: The 2018 Report’. Bengaluru … READ FULL STORY
Although the senior housing sector in India is at a nascent stage, it presents huge opportunities for real estate developers, service providers, healthcare players and operators. According to a report by the PHD Chamber … READ FULL STORY
The stock market is said to be the one of the best indicators of buyers’ sentiments in the real estate market. Often, the demand and supply in the realty market, can be closely approximated … READ FULL STORY
Bengaluru’s residential real estate market was ranked second, in total residential launches in India with about 13,400 new unit launches, post RERA, in H1 2017. However, the market faced a notable drop of 23 … READ FULL STORY
Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit’s decision, reflects the changing dynamics of NRIs’ investments in … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
The 7th Pay Commission has been notified and the salaries of central government employees and pensioners, are set for a major revision. This is likely to boost demand and liquidity in the real estate … READ FULL STORY
