Urban Planning in India: Opportunities and Challenges

Sustainable and inclusive urban development is of particular importance at this juncture of our economic growth. With the urban infrastructure of our major metropolitan cities bursting at the seams from increasing urban migratory patterns—which is only set to accelerate in years to come—the development of new integrated cities has become the need of the hour. Continue reading

The formation of a stable government not dependent on coalition partners will hopefully mean faster decision making and economic reforms. If GDP growth picks up, one of the early beneficiaries would be the real estate industry. However the economic fundamentals have to be tackled, infrastructure projects implemented with a sense of urgency and housing mortgage interest rates have to decline before we would see any significant impact on the real estate market. Overall the election results will certainly improve sentiment in the real estate market.

From Street Shopping to Shopping Centers – Tracing Mumbai’s Organized Retail Estate Trail

Over the past year, Mumbai continued to remain a preferred city for both domestic and foreign brands keen to open their first outlets or expand their presence across India. The city’s favorable demographics, along with the availability of investment-grade retail space, led to strong demand from retailers for shopping space. Continue reading

Kolkata’s Office Market Witnesses Low Demand in Q1 2014

Demand for investment-grade office space across leading cities in India slowed down in the first quarter of 2014, with around 6.3 million sq. ft. of Grade A office space getting absorbed.  The market saw slow transaction activity and a low level of new completions in the first quarter; and leading cities continued to experience caution from corporate occupiers in the first three months of the year. Continue reading

PE Investment Trends in India’s Realty Sector

Transactions in India’s real estate space might have slowed down over the last two quarters, but the sector has not been overwhelmed by the state of the wider economy. Despite the subdued pre-election economic scenario, in fact, the period observed an increase in private equity activity. Continue reading