Workspace solutions market to grow by 10% in next five years
NEW DELHI: Growth in the Indian commercial sector is expected to positively impact the ‘workspace solutions industry’ in the coming years. The sector is expected to witness 10% year-on-year growth...
Vestian Bags Award from Frost and Sullivan Second Time in a Row
Vestian, an occupier focused workplace solutions firm, bagged the Customer Value Leadership Category second time in a row at the recently concluded 3rd edition of the Frost and Sullivan Project Evaluation and Recognition Program (PERP) held in Mumbai on December 09, 2016.
IT belts drive demand for residential property
The south continues to remain a preferred residential destinations. Proximity to educational institutions, workplaces as well as some of the best healthcare facilities makes the south a residential heaven. ...
RERA: A blessing in disguise for realty sector
It’s true that the Real Estate Regulation & Development Act, 2016 (RERA) promises to improve India’s accountability and transparency score. In a country where real estate lacks an industry status, brokerage is one of the easiest businesses that calls for zero ...
Festive season: Home buyers likely to snub even 10-15% discounts by builders; here’s why
For the fourth year in a row, home buyers are expected to lie low this festive season too even if they’re offered discounts of 10-15% on the rate card. The subdued sentiment in the real estate market is reflected in the smaller number of new unit launches...
Demolition, no solution
In view of the recent floods in Bengaluru, the BBMP’s decision to erase buildings and structures built on storm-water drains...
Property price correction in the offing with Benami Transactions Act implementation
The recently notified Benami Transactions (Prohibition) Amendment Act 2016 aims to bring transparency in the real estate market and is...
‘Destination Malls’ emerges on Bengaluru’s retail scene
With a gamut of retail products and services offered under one roof, ‘Destination Malls’ format has emerged as an ‘one-stop solution’ in Bengaluru’s retail scene...
Rebate on the home front
A home buyer in India is entitled to claim both the interest and principal components of home loan repayment for tax benefits. Currently, interest payable on self-occupied..
North is the next growth corridor
Although it took the longest to be recognised as a micro-market with potential, Bengaluru north is emerging as a hub of activity now. It has been predicted to turn into the `new Bengaluru'..
Contented in Koramangala
A self-sufficient neighbourhood thrives around its connectivity to other destinations, civic amenities, and its social infrastructure making comfortable living..
"Office absorption in Mumbai increased by 9% QoQ”: report by Vestian and Nielsen
According to the study, office absorption in Mumbai has increased by 9% QoQ. After a poor run post 2011, the real estate absorption picked up at the end of 2014 and continued to grow in 2015...
“IT continues to dominate the Pune office space absorption” : Report by Vestian and Nielsen
Pune office real estate is expected to maintain a steady growth over the next year- almost 60% of the upcoming Grade A supply of 1.7 mn sq. ft. is expected to be available in the next quarter..
Residential belt with growth potential
Proximity to Whitefield and the EPIP Zone, coupled with availability of land and relatively lower rates, has led to residential realty growth taking off in the Hope Farm junction-Belathur belt..
Impact of bankruptcy & insolvency code 2016 on Indian RE sector
There is an air of uncertainty regarding the immediate effect of the Insolvency and Bankruptcy Code 2016 on the Indian real estate market. While some believe it will ease the business environment..
Hoskote-Malur Belt holds promise
Localities on this route benefit from affordable land rates and efficient connectivity to Whitefield as well as to the airport. The auto hubs at Narsapura and Vemgal, and the commercial..
Airport draws realty growth beyond city
Planned commercial development, seamless connectivity through the highway and premium residential offerings are spurring development up to Devanahalli, and beyond..
Row Houses gain popularity in Bangalore
Dwelling units arranged in a row (minimum of three) attached to each other by a common wall with only front, rear and interior open spaces are termed as Row Houses. Popular in the..
Infra projects in Bengaluru, tier-II cities likely to get more funds
Cash-strapped Karnataka is looking at public-private partnership (PPP) route to execute major infrastructure projects..
Key metro links set to push development
Completion of the underground section linking Baiyappanahalli and Magadi Road will connect locations in the west, CBD and east seamlessly. This will give a thrust to residential..
Ways to achieve Housing for All by 2022
While there has been much talk around the Pradhan Mantri Awas Yojana by 2022 (Housing for All) scheme, when it comes to its implementation, not much is being said. 99acres gathered the..
Bellary Road Properties Are Having A Bull Run
Bellary Road and its vicinity seems to be the only area that is going against the rather bearish realty market, and that too within a matter of six months. The government-set guidance value of..
Are state-level housing norms an impediment to achieving Housing for All?
While the central government is pushing for ‘Housing for All’, industry experts reveal that adequate supply of such homes cannot be accomplished unless state/city’s density norms are relaxed..
#UnionBudget2016-17: Encouraging Start-ups can proliferate mixed-use properties
Industry experts believe that the central government’s focus on start-up ecosystem can lead to more job creation and growth of commercial sector..
#UnionBudget2016-17: A fine balance between being populist & reformist
From a real estate sector standpoint, almost all segments—from housing to investments in SEZs and retail are expected to benefit from the announcement made in the Union Budget 2016-17..
Union Budget 2016-17: Here’s what experts say
While the budget is pro-rural India, it has also underlined several initiatives to promote ‘Housing for All by 2022’. The deduction of additional interest of Rs 50,000..
Real Estate industry hails Budget 2016
Finance Minister Arun Jaitley, read out the Union Budget 2016-17 this morning. He has provided for several exemptions and rebates in order to boost affordable housing..
Road & Railway infrastructure to get Rs 2,21,246 crores
The FM has announced a whopping Rs 2,21,246 crores outlay for road and railway infrastructure for the year 2016-17..
Industry demands removal of Dividend Distribution Tax
Dividend Distribution Tax (DDT) is seen as a major hurdle in the progression of Real Estate Investment Trusts (REITs) in the country. Since its introduction in 2015, not even..
Uniform set of rules will bolster the growth of eCommerce industry in India
It is essential that the upcoming Union Budget 2016-17 creates a uniform set of rules for the e-commerce industry in India. This will help remove ambiguity that is..
UnionBudget2016: Industry demands relaxation of MAT on SEZs
In order to boost the commercial sector and give fillip to India’s exports, industry players are expecting Finance Minister..
IT clusters drive demand for homes in the Varthur Belt
Proximity to Whitefield and Sarjapur Road, and the presence of good social infrastructure, is leading to the rise of Varthur and areas around as potential residential localities..
Growing workforce fuels mid-segment homes
An ever-expanding industry and workforce have led to a robust mid-segment residential market in Bengaluru. Most of the projects across the city have units that are in the..