After a prolonged period of sluggish performance, Hyderabad, the state capital of Telangana, is expected to witness rapid growth in terms of real estate with increase in demand supported by infrastructure development and investment from IT companies. In Hyderabad, the IT/ITES (information technology and information technology-enabled services) sector employs over…
The organised retail sector in India has undergone remarkable growth in last decade, thanks to favourable demographics, growing consumer aspirations and brand consciousness. Correspondingly, the fashion retail category has also undergone profound transformation over the years in terms of type and positioning of brands, formats, products and emergence of new…
Sale of residential properties across India’s top eight cities increased 9% in April-June 2016, compared with the year-ago period, according to real estate research company Liases Foras. This makes it the third straight quarter of improvement in home sales in a real estate market coping with a prolonged downturn. The…
Ready for possession (ready-to-move) projects or projects nearing completion are costlier than under-construction projects. Nevertheless, many buyers prefer such ready properties rather than waiting with an under-construction property. There are sound reasons behind such a decision to buy ready-to-move properties. Reduced Cost Difference The real estate sector has gone through…
According to property consultancy JLL India (Jones Lang LaSalle India), the Indian retail real estate market is on the up-tick. Vacancy levels of retail commercial shops/mall spaces decreased in 2015 despite more commercial properties being ready for occupancy. One of the factors for the improvement in the retail real estate…