With the Real Estate (Regulation and Development) Act (RERA) and other reforms coming into force, developers are rushing to complete partially completed projects and obtain their completion certificates, to avoid falling under the purview … 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
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
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
Shapoorji Pallonji Real Estate is planning to launch at least six projects in the financial year 2017-18, with two of these projects under the ‘Joyville’ brand to build affordable homes, the group has announced. … READ FULL STORY
For decades, independent India peacefully lived with the concept of perpetual leases, inherited from the colonial era. Today, India is a country under construction. However, the governments’ design for housing, has perhaps failed to … READ FULL STORY
Although the market had returned to normal after the demonetisation drive in November 2016, it was further impacted by the implementation of the Real Estate (Regulation and Development) Act (RERA) and the nationwide execution … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has had a difficult birth and seems to be having a troubled childhood. The expectations from the ‘miracle child’ seem to be mired in a ‘what’s … READ FULL STORY
Despite the demonetisation exercise and recent layoffs by technology companies, due to automation and changing technology, commercial markets continued to remain resilient, backed by sustained expansion plans of the major occupiers. The gross office … READ FULL STORY
With fewer new launches in the last 6-9 months as developers focus on completing their projects and improvements in infrastructure, the suburbs around Delhi now offer ample opportunities for prospective home buyers. Highlighting this … READ FULL STORY
According to a study conducted by CBRE south Asia, on leasing activity for prime office space across eight cities, 10 million sq ft was occupied in Q2 2017, registering a 28 per cent growth … READ FULL STORY
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
