Flexible workspace leasing in 2019 touched an all-time high of 10.8 million sq ft, up 26% from a year ago led by technology adoption, increased occupancy rates and growing investments. Among the key markets, Bangalore and Hyderabad accounted for about half of the flexible space take-up in India. The overall […]
Banks To Increase Credit Flow To Support The Sickly Real Estate Sector
As a liquidity crisis in the real estate sector deepens, the state government has stepped in to improve credit flow to developers. Housing Minister Jitendra Awhad announced Tuesday in the state legislative assembly that his department has approached banks to improve lending support to industry players. The real estate sector […]
Land Records Need To Be Digitized
Nearly three-fourths of Indian households’ wealth is invested in the real estate sector, yet accessing information related to land records is difficult as only a few states maintain digitized records. When you are buying a property—be it a house from the primary (from the developer) or secondary markets (properties on […]
Realty Developers Outsourcing Sales To Undergo Cut In Recurring Cost
With pressure on margins and no visible upside on residential property prices, a rising number of real estate developers are outsourcing their sales and marketing duties to cut recurring costs and link their outflows to sales inflows. The slowdown and demand crunch over the last few years have almost forced […]
Real Estate Continues To Be The Most Preferred Avenue For Investment And Is Followed By Stock Market
Despite all headwinds within the residential sector, real estate continues to be the first choice for investments for a majority of investors. In a recent ANAROCK-LIC survey, a whopping 59% participants preferred real estate over other asset classes such as the stock market, FDs and gold. A year ago, in […]
Report Suggests That Residential Units Under One Crore Gains Momentum
Even though the overall performance of the Indian real estate segment is muted, sales of units under Rs 1 crore have witnessed a remarkable momentum, revealed a report by credit ratings agency ICRA. Developers are acknowledging the trend of increase in the sales of units and are reconfiguring or designing […]