Homing in on Delhi-NCR for building business

Well linked Not just the NCR, but also adjoining areas, such as Sonepat, Faridabad, Rohtak, Jaipur, Agra and Meerut, are growing rapidly, thanks to a good network of expressways and rail links. Almost all the major real estate developers have a presence in the region. These include DLF, Unitech, Tata Realty, Parsvnath, Raheja and Supertech.…

Office space absorption up 35%

The overall office space absorption in the top seven cities of the country grew by approximately 35 per cent in fourth quarter of this fiscal at nearly 8.2 million square feet against six million square feet in the previous quarter, according to real estate consultancy CBRE’s latest report. Few big ticket transactions in IT, pharma…

Investments in realty sector grow 53% in Jan-Sep 2013

Investments in the real estate sector grew by 53% in the first three quarters of calendar 2013 with an infusion of $1,885 million against $1,235 million during the same period in the previous year. The increase is primarily attributed to the surge in the investments from the private equity market, according to analysts. The majority…

Second half of 2014 to fuel growth in real estate

Real estate professionals are unanimous in one prediction: Things will start looking up for the sector only in the second half of 2014, after the general elections, when clarity on the new government will emerge and businesses start investing. 2013 was clearly a dull year for real estate, when all asset classes — residential, office…

Global brands in UBER-LUXURY HOMES

Developers are tying up with top hotels and global brands, which are eponymous with luxury, to provide 5-star services to their customers after the delivery of the apartments. TEAM TIMES PROPERTY writes. The National Capital Region (NCR) has seen a slew of luxury apartment launches. A number of such high-end projects with world-class specifications were…