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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. 

Project Takeovers, Real Estate Consolidation, Mergers & Acquisitions, Distressed properties, Property Market Consolidation,

Project-level consolidation on the rise

While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the last two to three years, with revolutionary reforms like DeMo, RERA and GST remarkably altering the way real estate business is conducted. A natural by-product of this upheaval was consolidation, with fly-by-night developers completely vanishing and small players merging with big ones.

Model Tenancy Act 2019 – Landmark event or another work in progress?

The reasons for vacancy levels of homes which could feed the rental market across the country are largely region-specific. However, distorted property rights (in the absence of a sound rental policy), weak rental contract implementation and low rental yields are some of the major factors that prompt homeowners to leave their houses vacant rather than rent them out.

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. 

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.

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%.