Browsing: Track2Realty Newsletter

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Commercial OYO Workspaces, Innov8, Co Working Spaces, OYO Co Working, Ritesh Kapoor, Co Working in Delhi NCR, Co Working in Connaught Place

OYO Workspaces’ Innov8 opens its second centre in Connaught Place

Co-working is gaining immense popularity in the new-age workforce providing hassle-free ways of working and networking. Innov8’s new centre is located in central Delhi, attracting the best minds to collaborate and work together. The new centre offers a dedicated desk starting at an affordable price of INR 10,999/- per month and with the recently launched flexi pass at INR 2,999/- per month and a day pass at INR 600/- per hour for a hot desk or a meeting room.

Headlines Chennai Property Market, Chennai Real Estate, Chennai Housing Market, Chennai Property Launches

Chennai housing recovery faster than national average

The city with a penchant for villas is mostly moving towards the periphery locations. In those locations the land cost is still very affordable. The buyers, mostly local communities, are preferring these plotted villas. Since the developers do not have the construction finance to bother, they can even hold it in the wake of slow sales.

Headlines Tardeo Mumbai Luxury Housing, India's Costliest Property Market, Most Expensive Housing Market, Luxury Housing Market, ANAROCK Property Consultants, Anuj Puri

Mumbai’s Tardeo leads India’s top 10 most expensive housing locations

Even as India’s middle-class grapples with the prospect of an uncertain future in their careers and financial ability – the main drivers of housing demand – the rise of India’s super-rich continues unabated. According to Credit Suisse report, there were an estimated 3.42 lakh dollar-millionaires in India as on mid-2018 who collectively held around USD 6 trillion. It is forecast that 5.26 lakh Indian dollar millionaires’ wealth will be around USD 8.8 trillion by 2023. Market fluctuations make very little difference to the personal networth of these individuals.

Headlines Festival Season in Property Market, Ganesh Chaturthi and Property Purchase, Festive Deals in Real Estate, Home Buying in Festive Seasons, Festive Offers in Property market

Will govt. light Indian housing sector’s festive lamp?

Traditionally, the festive quarter fares better than the previous quarters of the year when it comes to housing sales – the combination of religious sentiment and festive deals and freebies is a potent mix during this part of the year. For instance, Q4 2015 saw 70,000 homes sold in the seven major cities. However, as tempting as it was for developers to believe that this was an unshakeable performance standard, it was certainly shaken just a year later. After demonetization (DeMo) was announced in this critical quarter in 2016, housing sales halved to 32,100 units.

Beyond Headlines Online Furniture Shopping, Online Furniture Business, Pepperfry, Homelane, Finance Intellect Report, Nilkamal, Urban Ladder, Furlenco, Livspace

Going online before opening physical stores is ideal

Furniture players are also experimenting with design and interior modelling of homes. Through an online presence and an influencer network, players are investing in this side of the business. As a result, furniture players are not just your simple sofa sellers, they are much more! They now offer new-age designs, suggest home improvement tips by way of customization and site visits by their own ‘design officers’. These specialized services win over the traditional furniture store operators in terms of post-sales services delivery and customer satisfaction. 

Finance NRI Investment, NRI Property Investment, NRI Investment in India, Real Estate Returnsd on Investment, Real Estate ROI, Real Estate Versus Gold, Real Estate Versus Equities

Indian housing a good hedge in troubled times for NRI investors

Indian real estate is still a viable and fairly safe long-term investment option. Investors with a short-term view on ‘instant returns’ need to look elsewhere, but most other asset classes are quite volatile in nature and will continue to remain so.  Indian residential real estate is a long-time favourite of resident Indians and NRIs, and recent trends suggest a positive outlook for this asset class going forward. Property prices have bottomed out and cannot possibly reduce further, especially since construction costs are gradually heading north.

Company News Vaishnavi Group, Vaishnavi Serene, Katerra, Real Estate Gen Next Technology, Technology in Real Estate, Bengaluru Property Market, Bengaluru Project Launches

Vaishnavi Group joins hands with Katerra for new technology

Vaishnavi Group will unveil Vaishnavi Serene to showcase Katerra’s technology. This project is adjacent to the lush green CRPF Campus in Yelahanka. The project comprises 896 apartments in configurations of 1, 2 & 3-bedroom apartments. It offers potential home owners several firsts in terms of features – from being the first residential project in Bangalore to be built with Global off-site precast technology, to being the first community to offer homes with a new set of specifications and smart sizes to highly enhanced space efficiency along with Vaastu compliance.

Headlines Ar Tripat Girdhar, The Design Studio, Design & Architecture, Trends in Design

Design & architecture all about creating experiences

Green buildings are to create positive impacts on our climate and natural environment which helps to improve quality of living. Every country has different climate conditions, unique culture and traditions, diverse building style and ages, wide-ranging environmental, economic and social conditions – all are depends which design & architecture should be fit according to country condition. The need of green building has taken a big turn in design giving a lot of importance to light, ventilation and air-conditioning.

Commercial Flexible Workspaces, India Office Market, Co Working Spaces, Office Space Trends, Commercial Real Estate, Colliers Research

Demand from flexible workspace operators to account for about 18-20% of total gross leasing in 2019

About 33% of the occupiers surveyed said they are likely to take up space in a flexible workspace over the next 24 months, primarily for the host of benefits provided. About 45% of occupiers surveyed are uncertain about leasing in flexible workspaces, with the decision hinging on their expansion plans over the next two years. On the other hand, about 22% of the respondents said they are not likely to take up space in flexible workspace centers over the next 24 months.

Network XRBIA Singa Pune, Rahul Nahar, Mark Mahan, Singapore Architecture, Global Themes in Indian Housing

Xrbia launches ‘Singa-Pune’ in Dhanori

Based on the concept of contemporary design led by Singaporean architecture, ‘Singa – Pune’ is a 21 acre township located at Dhanori, Pune with over 1000 apartments in phase 1. With internationally designed landscape across the project and 51 world-class amenities, the project will truly transcend the engineering and aesthetics of Singapore architecture to the city of Pune. The apartments are priced starting at 13L for Studio Apartments, 22L for 1 BHKs and 30L for 2 BHKs. The project will be completed in three phases and will progress across a span of 60 months.

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