Festive Season Fuels Surge In India’s Real Estate Market
The market’s festive boost is evident in the rising property prices and increased homebuying activity
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India’s Retail Sector Faces Demand For 55 Million Sq. Ft. Of Premium Space: Report
- by Pratyaksh Dutta
- September 20, 2024
Demand for retail space in India is driven by increased discretionary spending, shifting consumer preferences, rising confidence and international retailer interest A recent report by Cushman & Wakefield, titled ‘Resurgent Retail: Powered by Rising Retail Consumption’, unveiled at MAPIC India 2024, highlights an urgent need for the expansion of premium retail spaces. It estimates that […]
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90 Retail Real Estate Properties To Emerge In Top Indian Cities By 2028: Report
- by BW Retail World Bureau
- June 5, 2024
JLL India projects a surge in organised retail space totalling 45 million square feet across seven major cities By 2028, nearly 90 retail real estate properties, covering approximately 450 lakh square feet, are anticipated to emerge across seven major Indian cities, driven by rising demand for quality assets, according to JLL India. The real estate […]
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Kishore Biyani Settles Creditors With SOBO Mall Sale: Reports
- by BW Retail World Bureau
- April 13, 2024
Future Group’s Kishore Biyani has reportedly resolved debts worth Rs 571 crore with Bansi Mall Management Company creditors, settling 83 per cent of the total dues through a one-time payment of Rs 476 crore. According to media reports, the settlement, involving the iconic Sobo Central Mall in Mumbai’s Haji Ali, was facilitated by real estate […]
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Inflation Within Target, But Above Ideal: Experts See Further Downward Trend In FY25
- by BW Retail World Bureau
- March 13, 2024
Retail inflation in India eased a tad in February to 5.09 per cent from 5.10 per cent the prior month. It was at a four-month high of 5.69 per cent in December. The retail inflation in India, though within RBI’s 2-6 per cent comfort level, is above the ideal 4 per cent scenario. The latest […]
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Real Estate
Luxury Segment Accounts For 4% Of India’s Residential Sales
- by BW Retail World Bureau
- February 14, 2024
Luxury segment housing in India recorded a 75 per cent year-on-year (YoY) growth in sales in 2023, according to a report by real estate consulting firm CBRE South Asia. According to its report ‘India Market Monitor Q4 2023’, a 45 per cent YoY increase in unit launches was recorded in 2023. The percentage share of […]
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Raymond Doubles Q3 Profit As Branded Apparel & Real Estate Shine
- by BW Retail World Bureau
- February 2, 2024
Raymond reported a third-quarter profit rise on Thursday, as strong demand for its high-margin branded clothes and real estate offers outpaced cost increases. The company’s consolidated profit after tax nearly quadrupled to 1.84 billion rupees (USD 22 million) in the three months ended 31 December, according to an exchange filing. Following the results, the company’s shares rose 1 per cent. […]
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Q3 Results Preview: Analysts Predicst 24% Margin For Pidilite
- by BW Retail World Bureau
- January 23, 2024
Mumbai-based specialty chemicals company, Pidilite Industries, is gearing up to announce its financial results for the October-December period (Q3FY24) on Tuesday, 23 January. Analysts anticipate a robust operational performance from Pidilite Industries, renowned for brands like Fevicol, Dr Fixit and M-Seal, driven by strong domestic demand during the festive season and growth in the real […]
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India’s Industrial, Logistics Space Demand Surges, 38.8 Mn Sq Ft Leased In 2023
- by BW Retail World Bureau
- January 23, 2024
Demand for industrial and logistics spaces reached an all-time high in eight major cities last year, with leasing activity increasing by 8 per cent yearly, according to CBRE. According to CBRE’s most recent study, leasing of industrial and logistics spaces increased to 38.8 million square feet in 2023 from 36 million square feet the previous year, […]
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Real Estate
93 Mn Homes Projected By 2036, Tier-2 Cities Leads Charge
- by BW Retail World Bureau
- January 10, 2024
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, […]