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Real Estate Roundup - Get the latest and trending updates on real estate, property investment, realty sector, etc. Find reliable reports on commercial and residential development, urban reforms, smart cities from India and Worldwide.

For starting a business in India today, real estate is the most promising and profitable sector. With the induction of enhanced transparency and enforcement of improvements such as RERA, REITs, and Title Insurances, the industry is now in better care and zone. As per the recent data analysis, by 2040, the real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019. 

On the Real Estate Roundup archive of Surfaces Reporter, find the latest real estate news, views, and updates, get insights on topics like property investment, property trends, real estate laws & new projects from all top sources for the Indian Realty industry.

Residential Real Estate Back on Track as Demand and Price March Up

India’s residential housing segment is witnessing massive growth. Of all the metropolitans, Chennai is leading with an impressive record of having the highest increase in property prices during the quarter ending of March 2022,

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Revival of the Pandemic-Hit Sectors: Offices and Retail Set Sails to Further Rise

With investors stepping up and putting pandemic restrictions behind them, commercial real estate has witnessed the liveliest start to the year.

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Prestige Group Ventures into Mumbai with Rs 7,500 crore Investment to Develop 16 mn sqft in next 4-5 Years

With plans to invest Rs 7,500 crore, realty developer Prestige Group will be reportedly developing properties spread over a total of 16 mn sqft in Mumbai in the coming 4-5 years.

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JCB launches first fully Electric Construction Equipment in India

India’s leading manufacturer of Earthmoving and Construction equipment, JCB India today introduced the industry’s first fully Electric Excavator, the JCB 19C-1E at Excon, Bengaluru. It also launched a 22 Ton Hydraulic Excavator on the NXT Platform that has been specially designed for Indian

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Time to Get Fire Evacuation Systems in place for High-rise Buildings in Mumbai

The incidence of fire break-outs are rising. The recent fire incidents in Mumbai have raised questions over fire safety of high-rises. In Mumbai, as the Mumbai Fire Brigade recently stated, the city has witnessed more than 48,434 small and major fire incidents

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Home-buyers are exhibiting strong appetite for better housing - Shishir Baijal, MD, Knight Frank India

As we emerge from the pandemic situation with resilience, the growth in the residential market has been impressive for key Indian cities. Home-buyers are exhibiting a strong appetite for better housing which is translating into an up-cycle for the residential market.

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What the Real Estate Sentiment Score increase means for Building & Construction industry India?

Sentiments in the real estate sector have remained optimistic and touched new highs on the Knight Frank – NAREDCO Real Estate Sentiment Index Q1 2022. The survey noted that Current Sentiment soared to a new high of 68 – indicating that most stake holders experienced positive developments in their

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The Real Estate Sentiment Index Report Q1 2022

The Real Estate Sentiment Index is developed jointly by Knight Frank India and the National Real Estate Development Council (NAREDCO). The objective is to capture the perceptions and expectations of industry players to gauge the sentiment of the real estate market.

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Understanding Flex Spaces and its Rising Demand in India | SR Exclusive

Flexible property, commonly referred as flex property or flex space, is a hybrid of office and industrial space. The usual layout for such spaces includes office space on the front with storage or warehousing space at the backend. Such properties can be standalone or can be located in dense,

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Empire Centrum wins Pride of Maharashtra Award for Best Industrial Park | Maharashtra

One of the oldest and respected names in the real estate industry, Empire Centrum recently bagged the prestigious Pride of Maharashtra Award 2020-21 under the Best Industrial Park in Maharashtra category.

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A Real Estate Push and Infra Boost: Union Budget 2022-23 Highlights with Industry Status

Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 for the fiscal year on Tuesday. Delivering the budget, she exclaimed that the country is expected to bounce back in the economy with a sharp growth of 9.2 per cent in this financial year.

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Indian Residential Real Estate Major Highlights of 2021 | NAREDCO India | ANAROCK | SURFACES REPORTER Real Estate Update

As we are inching towards the new dawn of 2022 amid the threat of another wave of an ongoing pandemic, the real estate sentiments are high due to the recovery it has seen in the last few months. SURFACES REPORTER picks up some of the major Real Estate highlights of 2021 from the ANAROCK report and a

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Why is Top Real Estate Developer Evergrande in Trouble | 1300 Projects Ongoing in 280 Cities | SURFACES REPORTER

The second largest property developer in China Evergrande has been in news over its inability to pay interest on its huge debt obligations. The company is reportedly set to miss further deadlines as it recently defaulted on interest payment.

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Banks Lower Home Loan Rates for Festive Season, Likely Boost To Real Estate l SR Real Estate Update

To cash in the spending rush ahead of the festive season, several banks including the State Bank of India (SBI), Kotak Mahindra, Bank of Baroda (BoB) and Punjab National Bank (PNB) are offering loans at record low-interest rates.

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Rahul Dravid to be the face of Piramal Realty

As a brand ambassador for its increasing portfolio of residential projects comprising Piramal Mahalaxmi (Jacob Circle), Piramal Vaikunth (Thane), Piramal Revanta (Mulund), Piramal Aranya (Byculla) and Piramal Agastya (Kurla), and a state-of-the-art commercial project.

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The Indian Real Estate Sector: A Green Wave of Recovery Says Mr. Bijay Agarwal, MD, Salarpuria Sattva

The larger, more financially stable and organised real estate players would recover faster than anticipated tells Mr. Bijay Agarwal, MD, Salarpuria Sattva to SURFACES REPORTER.

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Mahim-Matunga: South-Central Mumbai’s prime residential corridor

The Mahim-Matunga region has developed into a plush destination with property trends showing high market prices, continually heading northwards. In the beginning of the festive quarter in October 2020, South-Central Mumbai localities witnessed luxury home sales worth over Rs 500 crore, as per an

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Snehal and Bhadri Suthar of The Grid Architects Used Reclaimed Wood and Local Stone To Design This Rock House in Ahmedabad

Snehal and Bhadri Suthar of The Grid Architects Used Reclaimed Wood and Local Stone To Design This Rock House in Ahmedabad

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2021 Construction and Building Material Industry Trends in India

SURFACES REPORTER (SR) compiled a list of the major trends that will shape the construction and building material industry through 2021.

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How is the Government Focusing on New Technologies to Empower The Real Estate?

Innovation is not merely a word or an event. Its an ongoing process. You can innovate only when you understand a problem and try to find out its solution.

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