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Chief Executive Officer, India and Managing Director – Market Development, Asia, Colliers
In a future with an increasingly mobile and flexible workforce, the way in which companies utilize their leased office space will change drastically
Read MoreAs a landmark year for the real estate industry draws to a close, it’s time to review the major events of 2017 for Indian real estate and look at some upcoming trends in 2018
Read MoreMahaRERA still does not provide information on the pricing of apartments. Also, the bulk of the data available is given project wise, making it challenging to collate and interpret it for a micro-market analysis
Read MoreIn JLL India’s proprietary research report ‘Liveability Quotient – A Paradigm Shift in India’s Satellite Cities’, 10 prominent satellite cities have been closely evaluated for their city administration practices, sustainability, and overall liveability. Several factors were identified under the broad parameters of planning, connectivity, utilities, leisure, smart governance, safety, jobs, environment, real estate performance and future scope of expansion.
Read MoreAmong small group of states & Union Territories to notify RERA; others could miss April 30 deadline
Read MoreVacancy in Bengaluru has reduced from 14.5 per cent in 2010 to 3.8 per cent in 2016. Chennai’s vacancy has come down from 32 per cent in 2010 to 11 per cent today. Hyderabad has also seen its vacancy reduce from 15.5 per cent in 2009 to 9 per cent in 2016. Similarly, in Pune, vacancy has reduced from 17 per cent in 2009 to 5.5 per cent today. The pan-India vacancy is forecasted to increase marginally this year and remain range bound until the year 2019.
Read MoreOnce GST comes into effect from July, the leasing of land and buildings - as well as home loan EMIs paid by those who purchase under-construction apartments - will attract the applicable tax rate. Depending upon the tax rate that gets announced for real estate, the effect could be higher or lower than today.
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