In India, these companies are focusing on expanding in Bengaluru and other smaller cities, according to CBRE Asia Pacific Occupier Survey 2018
Indian mall space retail continues to witness interest from private equity players
Marketing firms like Anarock, Xanadu Realty and Sai Estate are being roped in for aggressive rebranding and marketing activities to tide over a realty slowdown that has lasted for over four years.
Bengaluru reports the highest demand for office space and accounts for more than the combined share of markets of Delhi-NCR, Mumbai and Hyderabad
In NCR, only 6.0 million sq ft of SEZ space is likely to see completion. Bengaluru is expected to add only about 9.7 million sq ft of SEZ space
Adjudicating a public interest litigation on transport and traffic problems in the state, the high court has ordered the traffic police to curb unauthorised roadside parking to ensure a smooth traffic.
For sustainable growth, developers will need to develop F&B spaces by ensuring their strategies match with the unique requirements of F&B operators
New Hines India head to focus on both residential and commercial real estate projects across the major metro cities
The company has seen a rental growth of 25 per cent to 35 per cent despite market sentiments being low
Proceeds from the Blackstone deal and the sale of Chennai properties will be used to repay the company’s debt and bring net debt to under Rs 2,000 crore
Stable values to propel residential sales
On the residential side, about Rs 2,000 crore worth of investment expected. As many as 350 affordable units to be handed over in the first week of May
Mumbai’s Bandra Kurla Complex was the 5th most costly office conclave in terms of the gross effective rents it commands, jumping two places from Q4 2016.
In 2018, sales increased by 29.3 percent to 17.26 million square feet compared to 13.35 mn sq ft over the same period a year ago.
Issues facing Bengaluru’s office market include unplanned urbanisation, pressure on infrastructure, rising rents and supply crunch
Tata’s realty business now will include commercial real estate and housing businesses and will be run as a joint business.
Home rental network NestAway Technologies today said it has raised USD 51 million (about Rs 330 crore) from investors including Goldman Sachs and a joint venture firm of noted industrialist Ratan Tata.
Outlook for commercial real estate stable, says report
According to experts, over the last few years, the limited amount of supply in the market has constrained take up of commercial space in most markets.
The tax department had contended that GNIDA was involved in commercial activities, including giving properties on rent, taking premiums and business administrative charges etc.
Initially characterised by domestic operators, the market now has a more diverse range with international entrants including WeWork, The Executive Centre and Regus
The company plans to start construction of its “aspirational luxury’ project in the next three to six months...
While some experts feel that this is an 'excellent move' and will affect the Delhi-NCR market the most, builders are of the view that it will lead to a further liquidity crisis.
A glut of housing units and weak demand were also key reasons for the decline, the credit ratings agency said in a report.
Over 70 percent developers felt that major changes have been made in both customer and vendor agreements.