If the current job market scene continues for long, it may have a negative impact on residential demand, especially in the mid-premium segment
The unlocking of this huge parcel of land, estimated to be around 55,000-57,000 hectares can potentially lead to development of around 9 million housing units
The Centre’s role as a ‘facilitator’ or ‘enabler’ that will merely extend fiscal and non-fiscal concessions for rental housing created by the state, provision for no central funding are some of the limitations of the draft policy
The GST regime will reduce the cash component of the construction economy, because, to avail of ITC, the raw materials have to be sourced from GST-registered vendors.
The policy estimated to unlock 20,000-25,000 hectares across Delhi, primarily in the urban villages and smaller towns at the city’s peripheries
With the GST likely to come into effect in a few months from now, its impact on the various segments of the real estate sector is still not clear
Amid concerns about flooding, the urban development ministry has listed out standard operating procedures for concerned departments at various stages of preparedness — early warning, response and relief restoration rehabilitation
After about 10-15 per cent price correction on account of demonetisation, things might turn positive once RERA gets implemented & interest rates fall further.
The Niti Aayog has pointed out that the design and maintenance of city roads being a major challenge across Indian cities.
The new tax regime is expected to usher in an era of improvement in warehousing infrastructure; the country may also witness the emergence of new feeder/warehousing spoke locations
1.53 lakh units in 1,879 projects across 8 cities are delayed by 3 years; RERA and cases against developers expected to ensure project handover in time
The firm has consistently followed ownership model or having them on 30-year long-term leases. As real estate leasing usually eats up 4-6% of revenues, the ownership model has kept costs low
Liquor sales contribute up to 15% to the hotels’ overall revenue; but the impact is expected to be higher, as the restriction will also impact revenue from the meetings, incentives, conferences and exhibitions segment and the room demand segment
The jump in transaction activity was driven by IT/ITeS companies which garnered about 37% of overall space leased during the period, says report
There’re now fresh concerns over potential drop in occupancy and daily rates that could derail growth.
Out of 34 mn students in higher education in India, 26.6 mn migrate to cities such as Pune, Bengaluru and Chennai, creating demand for accommodation
Over the last 2-3 years, as the real estate market weakened and traditional realty developers lost ability to complete their projects, large corporate house-promoted players have captured both the market and homebuyers’ imagination
The programme, being promoted in the Parkmerced neighbourhood, incentivises persons with $100 as monthly transportation credit per apartment to use with Uber and Clipper
Experts who predict that luxury housing in India is finished ignore that such housing caters to a specific segment of demand which has not gone away
Working women need to know they can live, work and yes — entertain, peacefully and safely.
The scheme marks a conscious policy shift away from allowing proliferation of private cars to promoting use of greener modes of public transport.
Here are six factors that will shape — or reshape — the Indian real estate sector in 2017 and beyond.
The recent collapse of a part of a building in Connaught Place has once again highlighted that day-to-day maintenance becomes necessary as a building gets older.
According to 2011 Census, the number of total urban homeless population stands at 9.38 lakh. However, India has a meagre 658 shelters to accommodate them
According to the CEA, in the last 15 years, poorer states in India have grown slower than the richer states
With the implementation of Goods and Service Tax (GST), warehousing and logistics spaces will start to see a consolidation of assets.
At present, there is a shortage of 18.8 million homes across urban centers of India, of which 15 million are needed in the LIG (Low Income Group) category.
A government-appointed panel has said that a large section of urban workers lose access to social benefits due to intra-state and inter-state migration. It suggested that domicile-related restrictions be removed for the welfare of urban migrants
Recent measures taken by the government, coupled with the continued pressure on the real estate market would further bring property prices down.
Failure to comply with the directives of consumer forum or commission rulings resulting in prison time is a rarity.
A new Credit-Linked Subsidy Scheme with a provision of `1,000 cr, extension of loan tenure and increased allocation for PMAY boost for sector
After registering a dip in land and housing deals post demonetisation, major markets in the state like Ahmedabad, Vadodara and Surat have made strong gains.
In terms of infrastructure, the total list of 400 airports will not be available. But 31-32 airports that are inactive are low-hanging fruits. So, some flights will start from there.
Projects such as affordable apartments, Hunter’s Point South Living and start-up hub Grand Central Tech have already been rolled out
In Budget 2016, the Central government removed a major hiccup in the path of a successful listing of REITs — the Dividend Distribution Tax (DDT).
As India moves forward to become the third largest aviation market after the US and China, it faces multiple challenges on the infrastructure front that need to be addressed on priority for an unhindered growth, say experts