By Realty Quarter Bureau According to a report by property consultant Knight Frank, co-working companies took up two million sq ft space in the first quarter of 2018 itself, which has exceeded the annual tally of 2017 at 1.8 million sq ft. “With the expansion plans of major players and the increasing appetite for this […]
Knight Frank Reports increase in Co-working spaces in next 3 yearsmore
By Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers […]
Indian Malls – Change is the Only Constantmore
By Realty Quarter Bureau The West Bengal government has announced a housing project, ‘Nijoshree’, under which two categories of flats would be provided to people, whose monthly earnings are not above Rs 30,000. The two categories of residential flats would have one and two bedrooms, the state’s urban development minister, Firhad Hakim said. The decision […]
Kolkata govt. announces housing project for salaried people less than 30K and less: UD Minister Firhad Hakimmore
By Realty Quarter Bureau Shillong has been selected as the 100th city to receive funding under the Centre’s flagship Smart Cities Mission after evaluation of the proposal submitted by it, the Housing and Urban Affairs ministry said on Wednesday. The ministry had, till now, kept on hold the final slot for the Smart Cities Mission for […]
Shillong to be the 100th city under Smart Cities Missionmore
By Prashant Thakur, Head – Research, ANAROCK Property Consultants Project delays are one of the most alarming issues historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated funds to other projects and tepid sales are some of the predominant […]
Realty 2018 – Can NCR Deliver on its Promises?more
By Realty Quarter Bureau Three days after mandating parent documents for registering properties, the registration department has eased the process. Now, the sub registrar offices will accept statement from banks that they were in possession of the parent documents, in case of mortgage. This apart, a written undertaking is necessary for laminated parent document that […]
Parent documents mandatory for land registrations in Tamil Nadumore
By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]
Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore
By Anuj Puri, Chairman – ANAROCK Property Consultants The housing ministry’s decision to tweak the eligibility criteria for MIG-I and MIG-II home buyers for houses eligible for interest benefit under PMAY is a phenomenal move to boost sales of large-sized apartments. As per the revised norms, MIG-I category home buyers with household income between ₹ […]
Revised Flat Size Norms a Major Demand Boost for Larger Homes in Tier 2/3 Citiesmore
By Realty Quarter Bureau A Dubai-based group, MBM, will support the Maharashtra government’s ambitious Dharavi slum redevelopment project, along with other urban infrastructure initiatives, chief minister Devendra Fadnavis has said The chairman of Dubai-based MBM Group has shown his willingness to support the Dharavi slum redevelopment project, apart from other urban infrastructure initiatives of the state government, […]
Dubai’s MBM developer to support Dharavi slum re-development says state CMmore
By Realty Quarter Bureau Puravankara Ltd has announced a home exchange plan, as part of its Big 72 Hours Home Fest, between June 15 and 17, 2018, for home sellers who are looking to upgrade their homes In a first-of-its-kind initiative, real estate developer Puravankara Ltd has announced a Home Exchange Plan – an initiative […]
Purvankara to introduce home exchange plan as BIG 72 Hours Home Festmore
