Author
Chief Executive Officer, India and Managing Director – Market Development, Asia, Colliers
Homebuyers are looking to buy larger homes, led by remote working, and developers are investing in bigger houses and open spaces in the peripheral areas.
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Homebuyers are looking to buy larger homes, led by remote working, and developers are investing in bigger houses and open spaces in the peripheral areas. Moreover, homebuyers are also becoming more location-agnostic.
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RBI takes proactive steps to support growth; real estate to benefit from the financial measures
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An evolving concept that is yet to take the mainstream in India promises to transform real estate and construction sectors.
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The continuity of reforms for the next five years is sure to infuse growth and improve buyers’ and investors’ sentiment.
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Relatively lower office footprint and vacancy make Pune stand out; 48% supply coming through 2017 already pre-committed
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Across Indian office markets, secondary business districts are not only the younger cousins of the central business districts but also emerging as the new favourites due to the more modern buildings that suit requirements of corporates and office buildings that can be upgraded into superior grade-A assets
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Delhi-NCR, which has more than 60% of its total office space occupied by IT players, saw a decline of 22% (y-o-y)
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Delhi in top 15 markets, Bengaluru and Chennai in top-25 markets
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Use of MCGM pre-approved external consultants for approvals related to internal layout, internal sewerage system and STP, parking layout and maneuverability within plot, storm water drainage, mechanical and electrical works, and gardens
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