A report by Colliers Research states that more than 40.0 million sq ft of new supply is scheduled for completion by 2020, which is currently mandatory to qualify for the companies to get income tax benefits in SEZs, it seems unlikely for all the projects to complete construction by then. Most of the... Read more...
Real estate developer Peninsula Land Limited, a part of the Ashok Piramal Group, announced its foray into the affordable housing segment with the launch of its new project `addressOne` located at Gahunje, Pune. Spread across 50 acres, addressOne is strategically located on the Mumbai-Pune expresswa... Read more...
Hyderabad and Bengaluru are at the top two positions in a list of 30 global short-term growth cities, according to property consultant JLL. Indian cities dominated the 'short term momentum ranking' in JLL's latest annual global report City Momentum Index' (CMI) 2018. Pune has been ranked at ... Read more...
A report by ANAROCK Property Consultants says that the Indian residential real estate sector was shattered in 2017 by fewer launches, subdued sales and muted property prices. The sector witnessed an annual decline of almost 50% in new launches and 15% decline in sales across top 7 cities in India. ... Read more...
Pune, with a score of 5.1, has been ranked first, when it comes to local governance, followed by Kolkata, Thiruvananthapuram, Bhubaneswar and Surat, according to the Annual Survey of India’s City-System (ASICS) undertaken for 2017 by non-profit organisation Janaagraha Centre for Citizenship and D... Read more...
Housing sales declined by around 40 per cent last year to 2,02,800 units in seven major cities from the average sales of 2013 and 2014 mainly due to sharp fall in the Delhi-NCR market, according to property consultant ANAROCK. The consultant, in its latest research, analysed housing sales during the... Read more...
Housing sales exceeded new supply by 5 percent during the last two years in seven major cities, property consultant JLL India said, while advising end-users and investors to buy flats as prices are stable and interest rate low. In its latest report, JLL said that housing sales stood at 2,44,830 u... Read more...
The net demand for retail space in shopping malls is expected to rise 81 per cent this year, driven by strong economic trends and higher purchasing power of young population, a JLL India report said. According to the property consultant's latest estimates, supply may increase 39 per cent during cal... Read more...
With the real estate market beginning to adjust to various reforms like demonetisation, GST and RERA, most Indian metros witnessed recovery with sales improving, while property prices corrected or maintained status-quo, a survey said. According to the survey by property portal 99acres.com, most of t... Read more...
Office space leasing is expected to grow by an average 8 per cent to cross 100 million sq ft by 2020 in eight top cities on the back of robust demand from corporates, according to property consultant JLL India. The net absorption of office space stood at 28.7 million sq ft in 2017 calendar year and ... Read more...
