Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Industry insiders say that the next ten years are key towards transforming our real estate from just concrete to earthy. A walk through the Garden of Eden, over the lilies of the valley and across the land of milk and honey - that’s what we can have if India ensures that its real estate industry sticks to its guns and builds the next 70 per cent of real estate with mother earth in mind. Currently, India has only five-six per cent of its real estate built, taking into account the adverse effects of cement and concrete on land. The complete lack of awareness about the positives has been cited as one of the major reasons why the developer community has been hesitant to take on the mantle of building green. Anuj Puri, chairman, ANAROCK Property Consultant, says, “The general awareness of such homes is minimal in our country. Thus, there is a dire need on the part of the government to create awareness, and above all, incentivise developers. At the local level, state governments h...

A strong macro-economic environment, stable yield, robust demand and India’s emergence as a hub for global in-house centres/captive centres, have led to 2018 being a significant year for the commercial real estate sector The year 2018 has been a remarkable year for the Indian real estate market, especially w.r.t regulatory reforms. Through dedicated initiatives like RERA, REITs, Ease of Doing Business and Housing for All, the industry witnessed the much-needed transparency across the realty value chain, thus enabling a ripple effect on capital inflows and ensuring a strong performance by the commercial real estate sector. “Buoyed by a positive business sentiment and robust growth driven by optimistic prospects indicative of India being the fastest growing economy globally, the commercial sector put in a very strong performance in 2018. In fact, leasing activity registered strong gains at 40-41 mn sft (before the year is over). As per Q3 2018 numbers, Year-To-Date (YTD) leasing...