The commercial real estate outlook in India presents a varied scenario across different segments, as per a report by rating agency ICRA. The retail mall operators and warehousing sectors are experiencing growth driven by strong consumption trends. However, the office segment, while resilient, is facing a slowdown in leasing from technology-based sectors due to global […]
Real estate consulting firm CBRE South Asia has released its ‘India Market Monitor Q4 2023’ report. The retail sector in India experienced a record-breaking leasing activity in 2023, reaching 7.1 million sq. ft. across eight cities, marking a 47 per cent YoY increase. This surge indicates growing interest from retailers in establishing new setups, expanding, […]
A recent report jointly released by CREDAI (Confederation of Real Estate Developers’ Associations of India) and Liases Foras indicates a substantial growth in housing demand in India, with projections reaching 93 million houses by 2036. The report attributes this surge to various factors, including population growth in both urban and rural areas, favourable macro-economic indicators, […]
Every year, the festive season emerges as more than a mere celebration, it becomes a period of heightened vibrancy and immense potential. This auspicious time continues till the end of the year and carries the promise of new beginnings and prosperity, traditionally igniting a substantial upswing in real estate sales. Market stakeholders seize this moment […]
At least 3.49 lakh units sold in the top seven cities in the first nine months of 2023, about 24 per cent or 84,400 units were luxury homes priced >INR 1.5 crore. About 84,400 luxury units, priced >INR 1.5 crore were sold in the top seven cities between January-September this year, against approx. 39,300 in […]
India will become the biggest investment market for London’s real estate sector, UK’s top realty developer Barratt London says as it launches its newest project, ‘Sterling Place’ in India. Barratt International’s sales and marketing director, Stuart Leslie, who is in India for the project’s launch, met several investors during the week who have shown keen […]
The festival of Navratri has ushered in a remarkable surge in Mumbai’s real estate registrations, with the city recording 4,594 property registrations during the nine-day period from 15 October to 23 October 2023 according to a report by Knight Frank India. According to the report, this marks a substantial year-on-year (YoY) growth of 37.4 per […]
India’s brick-and-mortar retail universe is bouncing back with strong leasing activity of 3.16 million square feet recorded in the first six months of the current calendar year till June, according to a study released by JLL on day one of the MAPIC India conference, Wednesday. Leasing activity in the retail sector was believed to have […]
India’s real estate sector is expected to expand to USD 5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according to a report. The current real estate is estimated to be about USD 477 billion. The report released by real estate consultant Knight Frank India in association with the National Real […]
A total of 3,244 real estate transactions worth over AED 13.6 billion were conducted during the week ending July 7, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. […]
