Residents of Gulmohar Green Society on March 16, 2017, staged a protest against the demolition drive by the Ghaziabad Development Authority (GDA) and raised slogans against the colony’s builder for allegedly flouting norms. The … 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
People usually buy real estate stock, as they consider it to be a safe investment. They know that it is a key sector which goes through many temporary and cyclical phases. As per the … READ FULL STORY
Mumbai, which is often criticised for being saturated, also has some under-valued and lesser-known real estate micro-markets that could transform into property hotspots, owing to infrastructure developments in the city. Most of these ‘hidden … READ FULL STORY
Delay in construction and delivery of projects, is the biggest challenge that the real estate industry faces. This is a direct by-product, of the shortage of skilled manpower to execute the projects and streamline … READ FULL STORY
Pune’s low office space vacancy rate of around 6%, is proving to be a serious challenge for companies that are seeking large spaces to establish or expand their operations in the city. Pune is … READ FULL STORY
For any investment in residential property to provide effective returns, the chosen location should have good social infrastructure, adequate public transport and sufficient economic activity to sustain development and growth. These parameters apply to … READ FULL STORY
The Bombay High Court on March 10, 2017, asked the Mumbai Metro Rail Corporation (MMRCL), to place before it documents pertaining to clearance from the Union Environment Ministry (MoEF) for construction of three stations … READ FULL STORY
Although a rating system for real estate exists in India, this system has not evolved and is also prone to criticism, vis-à-vis its objectivity. Analysts maintain that real estate ratings, have to evolve beyond … READ FULL STORY
One of the most effective sales tools available in the Indian real estate sector, is word-of-mouth publicity. Consequently, developers are trying their best to create ‘artificially induced neighbourhoods’, for communities, professionals and other like-minded … READ FULL STORY
Deputy chief minister Manish Sisodia, while presenting the budget for Delhi on March 8, 2017, said that the government has resolved to provide piped water supply in all the authorised and unauthorised colonies and … READ FULL STORY
“It is incredible to own a house to fulfill my father’s dream” Manada Chandrakant Udagatti Senior manager in a shipping company, Mumbai Women, these days, are independent and are opting to buy their own … READ FULL STORY
“I can’t think of a better career choice” Surabhi Arora Senior associate director – research, Colliers International, Gurgaon Surabhi Arora leads the India research team at Colliers International. She specialises in real estate economics … READ FULL STORY
