Akash Puri, Director-International, India Sotheby’s International Realty, said that higher H-1B costs could push top talent to look beyond America’s borders.
Homes priced between Rs 80 lakh and Rs 1.5 crore drove record presales and steady cash flows in the June quarter, way ahead of luxury as well as affordable segments
The company's confidence stems from premium pricing for its housing projects, continued robust demand for commercial spaces and a strong showing by its hospitality wing.
About 60–75 percent of the company's pipeline is concentrated in the south; cities like Bengaluru, Kochi, Chennai, Hyderabad, Coimbatore, and Goa are expected to see the bulk of the development.
On October 29, Ukrainian officials reported that six people were injured during a Russian overnight drone attack on Kyiv. The attack involved 48 drones, of which the Ukrainian military successfully shot down 26. Falling debris from a destroyed drone injured several individuals and caused a fire in a residential building in Kyiv's Solomianskyi district. One of the injured was taken to the hospital, as confirmed by his wife. Moscow has consistently denied targeting civilians amid the ongoing conflict that began with its invasion of Ukraine in February 2022. The war has lasted over 2.5 years, resulting in thousands of deaths, primarily among Ukrainians. The relentless attacks have turned numerous cities and villages into rubble, highlighting the extensive devastation inflicted on Ukraine throughout the conflict. As night raids continue, the situation in Kyiv and other regions remains precarious and fraught with danger for civilians.
Max Estates achieved pre-formal launch sales of over Rs 1,800 crore for its first luxury residential project which is to come up in Noida's Sector 128
By the next financial year, the company will launch another 4.6 msf of office space in Bengaluru. The new launches will be between the REIT and non-REIT segments with a potential capex of Rs 2,200 crore.
According to experts, while investors have an opportunity to exit after doubling their returns, many homebuyers are looking for bigger apartments
The total capital spend managed by the team stood at $14 billion across service categories in 2022; Business division eyes expansion in multiple service lines across various cities and expanding to Tier 2 cities.
The development of the project will be executed under Alliance Group's brand Urban Rise.
The e-auction shows the residential real estate potential of the investment and commercial hub, says Greater Noida Industrial Development Authority CEO Ritu Maheshwari.
Sahil Vachani says the launch of the residential project is likely in the first half of this calendar year. The Gurugram residential launch will take place early in the calendar year 2024. He says the SVB collapse will have no significant impact on the Indian real-estate space.
Chennai witnessed the highest housing price appreciation of 15 per cent during April-June across 9 major cities.
In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Tariq Ahmed, Chief Executive Officer, West India at Prestige Group, about the company’s plans in the residential space.
The real estate sector is estimated to receive private equity investments of $6,884 million in CY 2022.
Residential and industrial and warehousing sectors have emerged as major beneficiaries this year, garnering a combined 36% of the investments.
Raymond Realty also plans to expand operations through joint development route beyond Thane region without land acquisition
Geographically, the western part of the country saw the sharpest jump in future sentiment index. This zone’s Future Sentiment jumped to 66 in Q4 2020 from 47 in Q3 2020
In 2020, the residential sector witnessed seven deals worth $368 million, which were down by almost half year-on-year compared to $717 million in 2019.
High debt building up on account of slow-moving inventory, sustainability of recent sales uptick and improvement in cash flows remain key look-out areas, says ICRA.
In a report, Knight Frank says Asia- Pacific prime office rents are likely to decline between -3% and 0% in 2021 but Bengaluru is likely to see a surge in prime rents in 2021. Mumbai and NCR office rentals may remain stable during the period.
Low home loan rates and discounts have pushed sales velocity and this has helped perk up sentiment, says the 26th Knight Frank - FICCI - NAREDCO Real Estate Sentiment Index Q3 2020 Survey
Office transactions fall by 37 percent year-on-year to 17.2 mn sq ft in the first half of 2020, the steepest fall in a decade. Vacancy at a four-year high of 14.1 percent
PE Inflows in 2020 to be 45-50 percent lower YoY; net office space leasing could drop 45-55 percent to 21-24 million sq ft during 2020 across major cities as companies may defer expansion plans
With homebuyers deferring home purchases on account of coronavirus outbreak, sales of residential units decrease by 29% in Q1 2020 over the same period last year