According to a report by Colliers International India, Q2 2016 witnessed the residential sector on the cusp of a recovery, as the top six cities – Bengaluru, Pune, Mumbai, Gurgaon, Noida and Chennai – … READ FULL STORY
The Bhartiya Group Bengaluru and The Leela, on August 2, 2016, announced the launch of Leela Residences, branded luxury houses. This collaboration makes Leela, the first Indian hospitality group to launch branded luxury residences, … READ FULL STORY
Noting that factors, such as road infrastructure and inflation seem to be closely linked to residential price movements, a report titled ‘Indian Real Estate: Comprehending the varying speeds of growth’ by JLL India and … READ FULL STORY
Bengaluru’s thriving economy is a major demand driver for residential real estate in the city. It is the leading city, in terms of absorption of office space and this, in turn, is fuelling demand … READ FULL STORY
Bengaluru’s affordable housing segment has been witnessing steady demand on the outskirts. Expansion of the city in all directions and infrastructure developments, such as the planned metro rail and Peripheral Ring Road, have played … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
Real estate continues to remain an attractive investment option for Indians. Nevertheless, despite the attractive returns on investment, it may be time for a reality check. According to a pan-India survey by Track2Realty, more … READ FULL STORY
Realty player Godrej Properties (GPL), on June 24, 2016, said it has partnered with group firm Godrej Agrovet, to develop a residential township project near Sarjapur, in east Bengaluru. The residential township project, to … READ FULL STORY
According to Mercer’s 2016 Cost of Living Survey, Mumbai (ranked 82) is the most expensive city in the country for expatriates, followed by New Delhi (130) and Chennai (158). Mumbai also surpassed major global … READ FULL STORY
Movement in real estate prices in seven key cities across India, have remained largely lacklustre, despite a fall in the interest rates and important announcements like the Real Estate Regulation Act. Ashutosh Limaye, national … READ FULL STORY
A traveller coming out of Bengaluru’s airport, is unlikely to miss the numerous hoardings that advertise luxury apartments, ranging from Rs six crores to Rs 10 crores. One may thus wonder, ‘Isn’t Bengaluru supposed … READ FULL STORY
With half of Bengaluru’s effluent discharged into the lakes untreated, the centre, on June 14, 2016, approved a series of measures for checking pollution, including making it mandatory for all sewage treatment plants (STPs) … READ FULL STORY
Some key findings that indicate the correlation between the aspiration quotient and the current status of the Indian real estate sector: 88% Indians find real estate to be the best asset class to invest … READ FULL STORY
