In a big boost to project loans in the commercial real estate sector, the Reserve Bank of India on 6th Feb 2020 announced its decision to extend date of commencement for these loans by a year without downgrading asset classification. Propstack estimates that moratorium period for ~US$ 6 bn (INR 41,884 cr) of loan sanctions… Read More »
The Union government announced the setting up of the INR 25,000 cr AIF to revive the stalled projects across the country last week. We at Propstack did a detailed analysis of 10,000+ RERA registered projects in MMR to get an understanding of the projects which are stalled (<5% progress in last 2 years) and are… Read More »
H1 2019 shows boost in residential sales volumes across MMR due to further increase in home buyers inclination towards affordable housing projects. While Q1 2019 shows an increase in sales volumes of 1 BHKs, Q2 2019 sales have seen pickup across all configurations
*Based on MCA charge filing *Detailed product note is available once you login Source: Ministry of Corporate Affairs (MCA)
The top 8 cities in India will witness cumulative office lease expiries of 50 mn Sq. ft. in 2019. Out of 50 mn Sq. ft. lease expiries in 2019, 73 % is contributed by IT buildings. The top 8 cities in India will witness cumulative office lock-in expiries of 80 mn Sq. ft. in… Read More »
The office construction completions slows in 2017, with 20.68 msf delivered across cities, down by 17% compared to 2016. *Grade A office data only For more details login to office.propstack.com
Propsense Q3 2017 Released-Gross Absorption was 12.1 msf spread across 438 msf of total stock across the top 7 Indian cities. Cumulative Vacancy for these cities was 12.5% during end of the quarter. Massachusetts Institute of Technology (MIT) in collaboration with Propstack has built India’s office realty rent indices for top 6 cities. These indices depict the growth of office rents since… Read More »
