With occupancies near full, institutional investment rising and REIT adoption growing, developers and analysts expect annuity based income to expand further.
Fuelled by large-scale integrated projects and strong investor appetite, the rapid rise of Noida's Sector 150 underscores how select pockets in the NCR are redefining the country’s real estate growth story.
Rents in Bengaluru hotspots such as Whitefield and Sarjapur Road have climbed 31 percent and 27 percent in the nine months of 2023 for a standard 2BHK of 1,000 sq ft
If you’re planning on renting a 1BHK apartment in Mumbai city limits, the minimum budget for monthly rent should be Rs 20,000-25,000, according to local brokers.
The two international events are proving to be big draws, and hotel rooms are hard to come by. This has had a ripple effect on nearby areas as well.
The effect of a slowdown in the global IT sector is visible on the commercial real estate space in India
Demand for rented accommodation by expats is exceeding supply. Brokers say monthly rentals have gone up to Rs 15 lakh.
Average office rentals in the top seven office markets witnessed a 4 percent yearly jump in FY23, compared to the previous fiscal.
At a time when the global slowdown threatens to impact jobs in the city, landlords are looking for tenants with sound career prospects and high-paying jobs.
The central business district saw a 25% YoY rise in rentals during 2017 as the metro project began operations in the same year. Flex space to grow, too. Whitefield, the second-largest office market in Bengaluru, has office stock of about 40.4 million sq ft.
In this episode of The Tenant, we meet a young man who is an AP Dhillon die-hard fan and staying on rent with 4 other roommates in the Western suburbs of Mumbai. Renting in Gurgaon, Bangalore or Mumbai - which is the top pick? According to our upcoming tenant, it is Gurgaon due to the open spaces, late-night culture, and low rents. Watch the full episode!
Bengaluru and Hyderabad have seen maximum 5-yearly increase of 10 percent in average property prices; The IT capital also saw the highest rental yield of 3.9 percent among all major cities, followed by Mumbai with 3.8 percent.
It’s primarily on account of a large number of investors exiting ‘saturated' markets and selling units to end users, leading to a paucity of housing units on rent.
The jump in rentals is higher in prime localities such as Defence Colony, Greater Kailash-2 in Delhi, localities around the Dwarka Expressway and Golf Course Road in Gurugram and sectors located around the Noida-Greater Noida Expressway and Central Noida, which includes sectors such as 50, 51, 78 and 76.
Airbnb had in June announced a permanent ban on parties at its rental locations. The company began its crackdown on parties in 2019 after a fatal incident of shooting in California.
The objective of the survey titled Moneycontrol-Liases Foras House Purchase Affordability Index is to draw up a list of the top five affordable cities in India based on the homebuyers’ capacity to rent a house rather than purchase it. Manisha Gupta of Moneycontrol discusses the study criteria with Pankaj Kapoor, Founder & MD of Liases Foras Real Estate Rating & Research. Niranjan Hiranandani, Co-founder & MD of Hiranandani Group, also joins in with his take on the overall housing & rental market in India. Watch the video for more.
Russia-Ukraine war: People are booking Airbnb rentals in Ukraine they don’t intend to use just to help Ukrainians in financial distress.
Hyderabad has the highest vacancy levels at 15.20% in H1 FY22 as against 11.30% a year ago. As much as 4.5 mn sq. ft. new office space was added in the city in H1 FY22.
Mumbai and Bengaluru witness a decline of 7.8% and 4.6% respectively; Despite correction, Mumbai remains the most expensive warehousing rental market in the country
Pharma major’s agreement latest in a flurry of rental deals that have happened in the Bandra Kurla Complex in Mumbai, signalling uptick in commercial real estate space.
Indonesia has a rental yield of 8.5%, amongst the highest in the world followed by Cost Rica at around 7%. Ireland and Columbia command a rental yield of around 6% and Bulgaria is around 5%, the analysis said
If incentives are put in place, developers might gradually adopt the Build-to-Rent model. As the sector matures, institutional investors will also start funding multi-family projects aimed at millennial families
Rentals for aged and outdated buildings are 10 percent to 40 percent lower than up-to-date, well-managed properties in similar locations.
WFH a temporary strategy; space expansion plans of large corporates on track
The average rentals for a house of minimum 2,000 sq. ft. size in the top 7 cities' key luxury hotspots rose anywhere between 17% to 26% in 2020