Data for Q3 FY20 from top 35 cities show a 5% quarter-on-quarter increase in home sales and a 3% year-on-year increase. This marked improvement vis-a-vis Q2 FY20, which had witnessed a drop in sales figure, shows that Indian home buyers are returning to the property market.
2020 will see the Indian real estate system reap the benefits of structural economic policy reforms introduced with the intention of bringing financial discipline, accountability and transparency.
The demand for office space is expected to remain strong in 2020 with occupiers preferring pre-leasing commercial real estate
The Rs 102 lakh crore mega infrastructure push will see the consumption of cement increase by over 6%. The infra push will will focus on building ports, airports, motorways, irrigation canals, smart cities, etc.
In 2019, the Indian real estate sector attracted more than $5 billion PE inflow, a drop of 2% than in 2018; Mumbai Metropolitan Region, MMR, and National Capital Region, NCR, are the top favourites of private equity investors
100 new malls spanning over 49 mn sft are scheduled to come up in Indian cities by the end of 2022. Of the total new mall supply, the top seven cities alone will see 69 new malls spread over 35.5 mn sft area.
India plans to invest about Rs 102 lakh crore in the infrastructure sector in the next five years to achieve the GDP target of $5 trillion by 2024-25. The National Infrastructure Pipeline, NIP, will help the building product industry get back back on its feet.
The real estate sector while expecting big doles from the FM wants Budget 2020-21 to announce industry status to it as this will help in raising low-cost funds and make land acquisition simpler.
2020 promises to be a year of hope that will reinvigorate the Indian economy and bring back the animal spirits. Economic growth in 2020 will be higher than in 2019 as structural reform will start paying off
Both the market segments have shifted away from price and value for money based consumption to money for value based consumption
Hiranandani and Blackstone ink 50:50 Joint Venture to develop Pan-India Platform for Development of Industrial, Logistics and Warehousing assets
Southern cities launch more new projects than Delhi NCR and other northern cities
The Indian paint industry currently valued at around Rs 50000 crore is poised to grow at a healthy rate and is expected to reach around Rs 70000 crore by 2021-22
Since 1950, when Mr. Santori Antonio founded SESA, the company’s core business is the production of press moulds for high-pressure laminates and low-pressure melamine faced chipboards.
In the Saudi Arabian capital Riyadh, honeycomb-shaped King Abdullah Petroleum Studies and Research Center (KAPSARC) has been now opened to the public.
Everyone has a story to tell, a special journey of their own. Four leading Women Architects & Designers shared their stories, their successes and struggles at WADe Asia 2017 along with tips for young designers and architects.
What does luxury mean in today’s context? Is luxury still restricted to the elite? How are the consumers redefining luxury with the growing global exposure?
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