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Industry News

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Industry News

  • South India driving office property market recovery The Economic Times

    Southern India is seen leading the expected recovery in the country’s office property market, with metros like Bengaluru, Hyderabad and Chennai accounting for nearly 60% of the total space requirement by the end of 2025, according to real estate management firm JLL. The first quarter of 2024 saw demand for about 30 million sq ft of new office space, of which Bengaluru accounted for around 44% of this demand, said Jones Lang LaSalle (India) in response to an ET query.

  • Exploring real estate investment opportunities abroad? Know key risks here Business Standard

    In an era of expanding global opportunities, an increasing number of Indians are turning their gaze towards real estate investments abroad. The motivations behind this trend are diverse, ranging from the pursuit of resident permits or citizenship to portfolio diversification, seeking optimal returns on investments, establishing businesses, securing residences for themselves or their children studying overseas, exploring career prospects, and leveraging tax benefits, among others.

  • Green living and spacious homes continue to dominate homebuyer’s preferences Financial Express

    The Indian real estate sector is experiencing a remarkable surge in green building and sustainability initiatives, encompassing every corner of the nation, particularly among luxury homebuyers. With a focus on reducing greenhouse gas emissions, improving energy efficiency, and adopting renewable energy sources, the country is actively working towards a greener and more sustainable future.

  • Mumbai-based JP Infra announces delivery of over 2,000 units at Mira Road The Economic Times

    Mumbai-based real estate developer JP Infra has announced that it plans to transform the housing market in Mira Road with delivery of over 2,000 completed units, two years ahead of the RERA deadline, across projects. "We plan to focus on delivering projects ahead of scheduled timelines and exceed customer expectations by providing not just homes, but a complete lifestyle that meets the diverse needs and aspirations of their customers. We have already delivered approximately 6,000 units and are working on approximately 7,500 units," Shubham Jain, MD, JP Infra said.

  • Columbia Pacific to invest Rs 200 crore, add senior living projects in 4 new cities Moneycontrol.com

    The company plans to foray into the rental model for senior living apartments, for the first time in India. Columbia Pacific Communities, a US senior living community operator, plans to invest more than Rs 200 crore to widen its presence in India by entering Pune, Hyderabad, Kottayam and Kochi in FY25, company director Sivakumar V told Moneycontrol. "In Kerala, we are doing four projects, currently in the process of finalising the land parcels and design for two projects.

  • Evaluating Real Estate Opportunities In MMR The Free Press Journal

    Real estate value appreciation in emerging locations in India, including in and around the Mumbai Metropolitan Region (MMR), is influenced by several key factors that are pivotal for potential investors and homebuyers to consider. Location and infrastructure The value of real estate is heavily influenced by its location, with properties in areas having robust infrastructure, good connectivity, and proximity to essential amenities such as schools, hospitals, and shopping centres generally appreciating faster.

  • Navigating Financial Strategy in Real Estate: Building wealth and managing risk in Indian economy Financial Express

    With the Indian economy on a robust growth trajectory, buoyed by record-high forex reserves, stable inflation rates, and a burgeoning middle class with increased purchasing power, the real estate sector stands out as a lucrative avenue for investors seeking substantial returns. With the rapid digitalization of the Indian economy, technological advancements have revolutionized the real estate industry, making investment processes more efficient and accessible

  • Home Buying: What is the ideal age to buy your own house in India? Financial Express

    Buying a house is a significant milestone in one’s life. The decision to buy a house is influenced by various factors, including cultural expectations, financial readiness, and personal circumstances. Earlier people used to buy their dream homes in India in their late 40s or 50s. However, with the evolving economic landscape, urbanisation, and changing lifestyle, the age at which people choose to buy their homes is shifting. A steady and reliable income is crucial for securing a home loan and managing the associated costs of homeownership.

  • Home Buying: What is the ideal age to buy your own house in India? Financial Express

    Buying a house is a significant milestone in one’s life. The decision to buy a house is influenced by various factors, including cultural expectations, financial readiness, and personal circumstances. Earlier people used to buy their dream homes in India in their late 40s or 50s. However, with the evolving economic landscape, urbanisation, and changing lifestyle, the age at which people choose to buy their homes is shifting. A steady and reliable income is crucial for securing a home loan and managing the associated costs of homeownership.

  • Noida secured investment of ₹1 lakh crore after allotting 149 plots in 2023-24 Hindustan Times

    The Noida authority allotted land to at least 149 projects, including IT, corporate houses. MNCs and housing, to bring in an investment of ₹103,000 crore in financial year 2023-24, said a report sent to the state government recently. As per the report, several of these investors have started work at the site. The Noida authority compiled a report about the investment proposals that have materialised on the ground, following an instruction from the state government, which is planning a ”groundbreaking ceremony” soon to officially launch these projects.