Home sales volume in Mumbai stood at 9,301 units in November 2020 registering a whopping 67 percent year-on-year (YoY) rise over same month last year, boosted by stamp duty cut and festive period of Diwali, separate analyses by two property consultants Knight Frank India and Propstack have shown. This strong growth of […]
Office Space Leasing Might Rise In 2021. Might Be At Par With Last 10 Year Average
The Indian commercial real estate office market saw record leasing in CY19 with 42 million sq. ft of annual net absorption. The office market has been in an upcycle over CY14-19 with rising rentals, falling vacancies, consolidation among developers and the emergence of REITs. However, the evolving global situation owing […]
DLF All Set To Make It’s Presence Felt In Mumbai – Chennai Residential Property Market After NCR
DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce […]
Real Estate Is All Set To Witness Better Days Courtesy Pent Up Demand That Would Rev Up The Festive Spirit
The adversities that loomed over India’s real estate sector during the period between April and June 2020 notwithstanding, it is now treading on a path that leads towards its eventual revival, all thanks to a perception and behavioral change caused by the world’s biggest health emergency that triggered the transformation […]