Rating agency ICRA expects the construction industry in India to maintain a healthy revenue growth momentum in FY2025 with a projected YoY growth of 12-15% in FY2025 after witnessing a stellar 18-20% revenue growth in FY2024e. … READ FULL STORY
February 15, 2024: According to a report by rating agency ICRA, the REIT-ready office supply market in India has the potential to increase the office REIT market size by 6-6.5 times. The REIT office … READ FULL STORY
January 19, 2024: The National Capital Region (NCR) real estate market witnessed a 46% YoY expansion in area sold in FY2023, with total launches nearly doubling to 64 million square foot (msf), according to … READ FULL STORY
October 13, 2023: ICRA, an independent and professional investment Information and credit rating agency expects a six-fold increase in data centre capacity to 5,100-5,200 MW involving investments of Rs 1.60 lakh crore to be added … READ FULL STORY
India’s 7 prime residential markets recorded sale of 149 million square foot (msf) of space in the third quarter of the current financial year (Q3 FY2023), says a report by rating agency ICRA. This … READ FULL STORY
Rating agency ICRA on January 3, 2023, revised its growth estimates for India’s road logistics sector to 11-13% for this fiscal (FY2023) against the previous estimate of 7-9%. The upwards revision in growth prospects … READ FULL STORY
India’s 7 prime residential markets recorded the highest sale numbers during the first half of the current financial year (H1FY23) when compared to the past 10 years, says a recent report by rating agency … READ FULL STORY
When you buy a property or book a property, it is necessary for you to have sufficient funds at your disposal. These liquid assets can be in the form of bank balance or investments … READ FULL STORY
Real Estate Investment Trusts (REITs) may be one of the most debated and expected developments in the Indian real estate sector but a majority of Indians remain unsure about how it will operate. An … READ FULL STORY
Real estate companies sold 17.26 million sq ft during the nine months from April to December 2017, against 13.35 million sq ft in the year-ago period (a rise of 29.3 per cent), according to … READ FULL STORY
Ratings agency ICRA has said that the value of real estate sales steadily improved from Rs 2,709 cores in Q3 FY2017 to Rs 3,310 crores in Q4 FY2017 and further to Rs 3,703 crores … READ FULL STORY
Over the past one or two years, the major cities across the country have seen a significant rise in affordable housing projects. According to a white paper by KPMG, titled ‘Indian real estate: Unfolding … READ FULL STORY
The transition to the new realty regulatory framework under the Real Estate (Regulation and Development) Act (RERA), is expected to slow down new project launches and increase the working capital requirements of developers, thus, … READ FULL STORY
