By now you must have felt the chill in the air which might have become disconcerting. This is a clear sign that winter has set in and making its presence felt with every passing day. It is advisable that in such a situation one takes special precaution to keep there […]
Reasons That Make Present Times The Best To Invest In Real Estate
When it comes to investment, we, Indians have always believed in two ever-popular investment options: Gold and Real Estate. They have stood the test of times and have remained an eternal favourite amongst the general populace. Investing in gold is ingrained in every household in India, thanks to the affordability […]
COVID-19 Tested The Resilience Of Commercial Real Estate Market In 2020
In 2010, post the global financial crisis, the commercial real estate sector of India reversed and put itself on a slow yet steady growth path. From 2016-2019, the annual office space leasing activity increased from 41.6 million square feet to 58.6 million square feet, translating into a compounded annual growth […]
Will The COVID-19 Vaccine Prove To Be The Shot In The Arm That Real Estate Sector Requires?
India may approve a coronavirus vaccine over the next few weeks and an estimated 300 million people could be inoculated in the first round, the government has said. The possible rollout of the vaccines has raised hopes but it remains to be seen if it will improve the confidence of homebuyers and […]
Reduction Of Stamp Duty Witness Maximum Impact In Mumbai As The Sales Jump By 67% Despite COVID-19 Reports
Home sales volume in Mumbai stood at 9,301 units in November 2020 registering a whopping 67 percent year-on-year (YoY) rise over same month last year, boosted by stamp duty cut and festive period of Diwali, separate analyses by two property consultants Knight Frank India and Propstack have shown. This strong growth of […]
Office Space Leasing Might Rise In 2021. Might Be At Par With Last 10 Year Average
The Indian commercial real estate office market saw record leasing in CY19 with 42 million sq. ft of annual net absorption. The office market has been in an upcycle over CY14-19 with rising rentals, falling vacancies, consolidation among developers and the emergence of REITs. However, the evolving global situation owing […]