Browsing: Track2Realty Newsletter

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Network OYO Workspaces, The Old Fort Saket Centre, Innov8, Powerstation, Workflo, Rohit Kapoor, Co Working Spaces, Office Space Trends

OYO Workspaces builds India’s first old fort styled Innov8 Coworking centre

The Old Fort Saket Centre is spread across three floors with a capacity of 415+ seats in a specially designed and restored heritage styled fort building. The centre is conveniently located in the heart of South Delhi, next to premium shopping hubs like The Select City Walk, DLF Place Saket mall and District Court Saket. The uniqueness of the campus along with its easily accessible location is already leading to an initial record launch occupancy of 50%.

Reports Student Housing, Co Working, Co Living, Shared Living, Real Estate Start Ups

Start-ups fuel the Indian student housing movement

Sensing the potential of the student housing market, many start-ups have entered the fray. Student housing providers such as Oxfordcaps, Tribestays, PLACIO, Stanza Living, Campus Student Communities, Housr, Simplyguest, etc. currently operate in Delhi, Pune, Bengaluru, Noida, Mumbai, Indore, Dehradun, Ahmedabad and Jaipur. The top 10 players in the organized student housing space collectively operating slightly over 75,000 beds with plans to touch nearly 2 lakh beds by 2020. 

Consumer Connect Stressed Home Buyer. Sulking Home Buyer, Builder Buyer Conflict, Housing Delays in India, Unsold Housing Inventory, Ready to Move Property in Demand, Under Construction Property

How can home buyers trust real estate again?

The Indian housing market is a vicious cycle of broken promises, trust deficit, sulking participants and non-delivery. Statistics only tell you half the story. For the developers, market trackers and the government agencies it is all about numbers – how many units have not been delivered. What these raw statistics don’t tell you that there is a sordid saga of drying emotions of one family with each housing unit. Probably the stakeholders are least bothered about the plight of an average middle class home buyer who has exhausted his lifetime savings, taken up home loan and now reeling under the burden of both the EMI and the rent.

Network Sobha Dream Heights, GIFT City Gujarat, Property in GIFT City, Residential Property in GIFT City, Sobha in GIFT City, Talest Building in GIFT City

SOBHA launches Gujarat’s tallest residential building in GIFT City

GIFT City is located on the banks of Sabarmati River, connecting the business capital (Ahmedabad) and the political capital (Gandhinagar) of Gujarat State. It is spread over 886 acres of land. It features world-class infrastructure such as district cooling system, underground utility tunnel, automated waste collection which are being implemented first time in India. The city is designed for walkability and includes commercial, residential, school, club etc. Presently, around 200 companies are operational at GIFT City, employing around 9,000 people.

Analysis Co Working Space, Co Working Space in India, Success of Co Working, Investments in Co Working, Trends in Co Working, Innovations in Co Working

Huge investments enabling co-working spaces to scale up and innovate

Over the last few years, co-working spaces have gained popularity with start-ups, small and medium enterprises (SMEs) and large corporates. Unlike the traditional business centres, co-working offices offer unique amenities such as a gymnasium, spa, a food court, gaming zones, sleeping pods, crèche services etc. These attributes have helped popularize co-working spaces among employees, entrepreneurs and corporates alike.

Market Rating Connaught Place, CBD of NCR, Commercial Business Districts of Delhi NCR, Office Space in Delhi NCR, Commercial Property in Delhi NCR

NCR’s new business districts boast of over 30 mn sq ft of office space

The CP story is very old, one that spans about 50 years or more. It was NCR’s central business district (CBD). It is still probably the CBD. But office space in CP is stagnated. The new business districts such as Cybercity, GCR, Aerocity and GCE are growing at a rapid pace, meeting an enormous demand for commercial office space. Now, it’s a tale of two cities- Delhi and Gurgaon. 

Analysis Office Building, Office Space in India, Office Occupiers Preference, Investors' Preference in Commercial Property, Pre-leased Commercial Properties

Pre-leased assets commercial assets high on investors’ and occupiers’ radar

Better returns, a mature and transparent market are some of the factors that have made investors flock to the country’s commercial real estate. With commercial segment remaining the most favoured among all kinds of asset classes, high-net-worth investors and the uber-rich are now looking at pre-leased assets, primarily office assets, with hope. 

Column Indian Flag, Independence Day Special, Indian Real Estate Post Independence, Housing For All, Real Estate Reforms, History of Indian Real Estate

72 years of independence – A bittersweet dawn for India’s housing sector

It was not the magic wand it was hoped to be. However, over the past two years, the Real Estate Regulatory Act (RERA) has brought more sanity – and the return of consumer power – than seemed possible in such a short time. The real estate sector is still struggling with it and the Act is very much work-in-progress in many states, but RERA nevertheless hangs like a sword of Damocles over a previously unregulated industry. Eventual compliance across the board seems inevitable.

Market Rating Kashmir Property, Real Estate in Kashmir, Property Prices in Kashmir, Article 370 Abolished, Property Prices After 370 Abolition

Are you serious about Kashmir real estate Mr builder?

I am today seriously wondering whether all the celebrating and self-congratulating developers have indeed got “Exclusive” draft of the policy of land acquisition in Kashmir? Does it include construction facing Dal Lake of Srinagar that is Green Belt? Have they done their business calculations and cost & benefit analysis over there? There are more questions than what the builders could answer at this point of time. But what could be vouchsafed is the fact that all these euphoric overtones are premature. None of the industry voices from the matured sectors with more potential to pull off in the State have displayed this kind of immaturity.

Company News One Park Avenue, Sobha Hartland, Dubai Properties, Sobha Realty, Sobha in Dubai, Top Brands of Dubai Property, Indians Investing in Dubai

Sobha Realty announces impressive sales value of AED1 billion

Dubai has always been a popular destination for Indians, not just for vacationing and shopping, but for the overall aspirational lifestyle it offers. Due to Dubai’s diverse population and cosmopolitan lifestyle, the city offers its residents and businesses a unique environment enriched with hundreds of cultures and a quality of life and work unrivalled in the Middle East.

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