Globally, real estate is recognized as a sector which has the most economic linkages. In India, realty is the second largest employer after agriculture and is slated to grow at 30% over the next decade as the number of Indians living in urban areas is set to increase from 434 million in 2015 to 600… Read More »
Nearly 75 per cent of Indian companies are not prepared for disaster management, a recent survey by real estate consultant CBRE says. According to the study, which includes over 100 top corporates in the country and over 350 respondents found out that 75 per cent of the Indian firms are not disaster ready. It said that 96… Read More »
The government’s demonetisation move is likely to bolster the prospects of the much-awaited listings of Real Estate Investment Trusts (REITs) that has so far remained a non-starter. Owing to higher liquidity on account of expected transfer of liquidity from the informal sector to banking, government bond yields have seen a compression of 40 basis points… Read More »
Real estate is a good investment option, but not by taking leverage because returns will remain low when compared to cost of funding. Traditionally, there has been a high affinity among Indians for physical assets such as precious metals, jewellery and real estate. This trend has been changing over the past decade. The reasons are… Read More »
Indian real estate is likely to provide investment opportunity worth up to $77 billion through Real Estate Investment Trust (REIT) – eligible commercial – office and retail, properties across the country’s top seven cities by 2020. Across these cities, including Mumbai, Delhi-NCR, Bengaluru and Pune, ready commercial space eligible for REIT investments amounts to 277… Read More »
Infrastructure sector recorded a growth rate of 5 per cent in September, the highest in three months, on account of healthy performance by cement, steel and refinery products. The growth rate of the eight infrastructure sectors, coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity, in September 2015 was 3.7 per cent. The… Read More »
Recent actions by Indian regulatory bodies are bringing REITs (Real Estate Investment Trusts) closer to reality. REITs are expected to bring in a landscape change to real estate development in India – most importantly from a corporate governance perspective, enhancing greater participation from institutional players, both global and domestic. The changes will positively affect the… Read More »
Even in the backdrop of global slowdown concerns, nearly 10.4 million sq ft of office space was absorbed in the country during April-June, backed by demand from sectors like IT, BFSI and manufacturing, a report said. According to a report, nearly 10.4 million sq ft of office space was absorbed during second quarter of 2016, registering… Read More »
Office space absorption contracted 18% to 14.5 million sq ft in India’s top eight markets in the first half of 2016 compared to that a year ago, according to a report, which attributed the decline after six consecutive quarters of expansion to shortage of fresh supply. The report said there was office space shortage in Bengaluru,… Read More »
New Delhi’s Central Business District Connaught Place is seventh among the most expensive prime office markets in the world with an annual occupancy cost of $149.71 per sft, according to the latest edition of property consultancy CBRE Research’s Global Prime Office Occupancy Costs survey. Bandra Kurla Complex (BKC), Mumbai’s Alternative Business District, stood at 19th… Read More »
