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
These plots will come up in an area proposed to be developed on the lines of the Delhi Aerocity project.
These would be developed across Gurgaon, New Gurgaon and Panchkula.
The past year saw the Government take a series of steps to help improve sentiment and revive demand.
The scheme which will begin from 10 cities, and include affordable housing projects priced up to Rs 2.50 crore.
MMR and NCR were the favoured regions for private equity investors in 2019 as they received close to $2.7 billion of PE funds.
Residential segment with stalled projects worth $66 billion to provide a huge opportunity
While overall market sentiment for purchasing residential property remains weak, there is enough interest for new launches from organised developers with a strong execution track record, finds an ICICI Securities’ report
The entire land parcel, whose existing land use is residential, can support five million sq ft of built up area
Mumbai attracted the highest investment inflows at Rs 6,100 crore, followed by Pune and Delhi-NCR, the Cushman & Wakefield report said
Mumbai is the most expensive prime property market in India, followed by Delhi and Bengaluru.
The real estate developer will launch four towers initially, while the remaining six towers will be opened depending on demand.
At the city-level, Mumbai continued to be the most-preferred destination for overall PE investments, seeing nearly 38 percent of the total capital inflows in 2018
Homebuyers ought to be wary of developers who may try and increase the base price for non-affordable housing units to make good the loss on account of input tax credit being denied to them
Residential segment investments accounted for a 29 percent share of the total while industrial and warehousing segment constituted 6.2 percent of the annual investment flows.
Elections in 2019 may keep fresh project launches in check considering the uncertainties developers may face relating to timeliness of regulatory approvals for projects
Number of new launches more than double in Delhi NCR; stable prices likely to push sales momentum in 2019
As per estimates, average property prices remained largely static across the top 7 cities in 2018. At the pan-India level it saw only 1 percent increase
In the list of 22 Asian real estate markets that have investment potential, Mumbai was ranked 13th, while Bengaluru and New Delhi grabbed the 16th and the 17th spots
commercial real estate in key metro cities witnessed an increase in absorption leading to a fall in vacancy as supply continues to play catch up
Property prices in secondary market reduced by as much as 5-10% over primary market
Houses near the workplace or walking distance from a Metro, houses with modern glass doors sans grills, and essential amenities rent faster