Author Archive

RERA to Safeguard New Home Buyers’ Interests

With the Cabinet approval of the Real Estate (Regulation and Development) Bill, 2015 things like project delays and realty corruption could be a thing of the past. The Union Cabinet approved of nearly 20 amendments in the Real Estate Bill, the chief among them being the creation of an escrow account where

Cabinet Approves Real Estate Bill; Hope Afloat for Indian Realty

In some good news for the real estate sector of India, the Union Cabinet approved the Real Estate (Regulation and Development) Bill late on Wednesday. This has set in motion a new wave of hope and positivity for the realty sector as this bill will provide protection to the home buyers along

Rental Housing has a Huge Potential in India says M. Venkaiah Naidu

In a declaration supporting the rental housing segment in the country, M. Venkaiah Naidu, the Home and Urban Poverty Alleviation Minister, stated that promoting the rental housing stock in the country was imperative as the segment withholds within it a huge potential for the real estate market of the country. He further

Residential Segment under Private Equity Funds’ Spotlight

According to the property consultant Jones Lang LaSalle (JLL), private equity firms are recording a significant change in their pattern of investment, shifting their focus from diversified funding to the residential segment. During the period of 2007-2008, PE investors made every possible effort to invest in the Indian economy and its real

India Records Highest Office Space Leasing in Asia-Pacific

According to a report released by Jones Lang LaSalle, office space leasing in India was recorded at the highest in the entire Asia-Pacific region. These figures are reflective of the office space leasing in the quarter ended September, 2015. Office space leasing in India touched a whopping $ 1 billion for the

Demand for Office Spaces on the Rise

The commercial segment of Indian realty is finally witnessing signs of recovery as property developers are showing an increased interest in office spaces. The demand for office spaces has rocketed so much so that developers are already facing a supply constraint in ‘Grade A’ office spaces. This is because ever since the

India’s Smart City Initiative to receive 2 Billion Euros from France

At a seminar organised by FICCI in association with Embassy of France in India and Ministry of Urban Development, French ambassador in India, Francois Richier announced France’s commitment of investing more than 2 billion euros to support the smart city initiative in the country. The seminar was on ‘Towards Smart and Sustainable

Indians Take Lead in Foreign Investment in Dubai Realty

Indians seem to be taking the lead in various arenas, this time it being foreign investment in Dubai real estate. Investing an amount of Rs. 30,000 crore in 2014, Indians emerged as the topmost foreign property investors in Dubai. This figure is constitutive of more than a quarter of ‘non-Arab’ property investments

Renting v/s Buying: The Tug of War

Owning a house is considered a major achievement for Indians. The desire to live in one’s own home is not only tied to a person’s financial strength but is backed by a strong emotional urge. And while an average Indian rushes to invest in a house as soon as they can afford

Indian Cities Ace New York and London in Office Rental Yields

A report by Knight Frank India entitled ‘Global Cities 2016’ revealed that major Indian cities like Bengaluru, Delhi and Mumbai have emerged as champions of providing office rental yields to investors. The report further records that global commercial centres like New York and London were left far behind in the same list.