Find Real Estate India News with latest top stories from all top sources at one place. In this article we daily update news related to Real Estate, Property Market in India.
Browse through this article to find India’s latest Real Estate News.
Reit is excellent opportunity for investors, but with complex tax incidence
Real estate is one of the vital sectors of the Indian economy. It’s the second largest employer in the country if you consider its four cornerstones – housing, retail, hospitality and commercial spaces.
The sector is expected to be a $650 billion sector, and its share in India’s gross domestic product (GDP) is projected to double from the current 7 per cent by 2040. Real estate investment trust (Reit), therefore, is an excellent opportunity for investors who want to get a slice of the growing realty pie.
Commercial Real Estate Witnesses an Upward Curve
There was a time when the residential real estate segment was ruling the roost. The return on investment was phenomenal be it the rental income or capital appreciation. More than rental, capital appreciation was making it a lucrative option for the investors. In fact, until 2006 or 2007, most of the projects were lapped up by the investors who formed around 60-65 per cent of the buyers. Gradually, the residential market became end-user friendly as returns from the same dwindled for investors. In the last few years, the scenario has changed as capital appreciation and rental yields are not that great anymore.
Singapore investors bet big on India’s real estate sector
Singapore-based investors are betting big on India’s commercial realty and other sunshine sectors, including logistics and warehousing, real estate consulting firm ANAROCK said in a report.
Top Singapore-based private equity (PE) firms such as GIC, Ascendas-Singbridge and Xander are funnelling billions of dollars into India’s realty sector, particularly in South Indian cities, according to the report.
REIT effect: Real Estate services register 7.3 pct growth in Q1 2019
On account of easing in government’s policy for easy access to liquidity and implementation of the Real Estate Investment Trust (REIT), the real estate services in India have grown by 7.3 per cent in January to March 2019 quarter. Tech corporates continued to drive office space take-up in the country, with their share in total leasing rising from 22 per cent in Q1 2018 to 33 per cent in the first-quarter of 2019.
Speaking on the real estate services growth in January to March 2019 quarter Ram Chandnani, Managing Director, Advisory & Transaction Services, India, CBRE South Asia said, “Bolstered by several policy initiatives to ease out liquidity pressures and promote construction activity and the listing of India’s first Real Estate Investment Trust (REIT), the real estate services (along with financial and professional services) grew at 7.3 per cent during the review period.”
Hyderabad beats Bengaluru in office space leasing in the first quarter of 2019
Office Space leasing: On account of tech corporates increasing their share in office space take-up from 22 per cent in Q1 2018 to 33 per cent in the first quarter of 2019 and small (less than 10,000 sq. ft.) and medium-sized transactions (ranging between 10,000 sq. ft. and 50,000 sq. ft.) dominating the space take up that accounts for 33 per cent and 48 per cent of the transaction activity respectively, Hyderabad has overtaken Bangalore for the first time in office space leading transactions in the first quarter of 2019.
Mjunction expands e-auctions to real estate sector
B2B e-commerce company mjunction services Ltd has expanded its services in the real estate sector, a company official said.
mjunction, a 50:50 joint venture between SAIL and Tata Steel, conducted e-auctions in the housing and real estate sector for the Uttar Pradesh Awas Vikas Parishad (UPAVP), he said.
Real estate: Learning from the past 10 years
From bullish in 2007 to sluggish in 2017-19, the Indian real-estate sector has been quite a conundrum. Taking a look at cash flow from that time to now will tell us where the industry is headed in the coming decade.
A sea captain knows that in order to go where you want to go, you need to know where you’ve been. Anyone who has been a stakeholder in the Indian real-estate sector in the last decade or so has set the path to where we will go from here. The way capital in the industry flowed, in terms of who benefited and who lost, it has been a roller coaster ride. The forecast for the next couple of years depends on the overview of the past decade.
Why is India’s real estate market stagnating
As India marches towards a decidedly urban future, concerns about quality of urban living should be topmost priority for policymakers. While there are many urban problems that need to be addressed, inadequate affordable housing is among the most serious. Without affordable housing in the formal housing market, millions among the poor have found shelter in slums where there is very limited access to basic amenities and risks of demolition are high. Given the scale of the problem, it is impossible for the Indian government alone to deliver well located “housing to all”; smooth functioning housing markets will also have to play a critical role in meeting this objective.
Mukesh Ambani sets out to change the face of Indian cities, first project already on
The new ace up Mukesh Ambani’s sleeves may be about to reveal itself. And it could well be the urban infra game changer India was waiting for.
Reliance IndustriesNSE 0.27 % is tying up the last loose ends in its blueprint for setting up a megacity in the vicinity of Mumbai, a Business Standard story has revealed.
It is going to be Reliance Group’s single biggest “projects within a project” initiative, where every component of a project will be a project in itself, BS quoted an ..