Need For Self-Redevelopment In Mumbai

As per reports, in 2017, there were 16,000 derelict buildings in Mumbai with a majority of them located in Byculla, Girgaum, Sewri, Parel, Mumbai Central, Nagpada, Bhendi Bazaar, Mohammad Ali Road and Crawford Market. Across India, there are countless old buildings in ruins, facing problems of water leakage, cracks in beams

How the rise of co-working space is influencing workplace designs

By Arnab Ghosh, Director, Synergy Property Development The concept of a shared office has witnessed unprecedented growth over the last few years and has literally revolutionised the way the world and Indians work. Co-working spaces, as they are better known, are helping people find flexible, productive workspace options. Globally as well as

Institutional Flow of Funds to Indian Real-Estate: Trends

By Ravindra Pai, Managing Director, Century Real Estate. Introduction Indian real estate sector has been one of the most preferred investment destinations for institutional investors in recent times. According to an industry report, the real estate sector attracted $30 billion in institutional investments from 2008 to 2018. Indian real estate industry has

Oshiwara District Centre – A Real Estate hotspot

By Rohit Sharma Mumbai Metropolitan Region Development Authority (MMRDA) is planning Oshiwara District Centre (ODC) as the next commercial business hub on the lines of Bandra-Kurla Complex (BKC). It is located in the heart of the western suburbs of Mumbai strategically between Andheri-Lokhandwala and Goregaon. The space-starved city of Mumbai is looking

Residential prices expected to remain contained, launches & sales expected to pick pace: Report

By Accommodation Times Bureau MUMBAI: Knight Frank India in association with National Real Estate Development Council (NAREDCO) and the Federation of Indian Chambers of Commerce and Industry (FICCI), today released the Real Estate Sentiment Index, which broadly captures the overall perceptions and expectations of industry leaders. The report is based on a

India’s Green Airports: Sustainable Design and Green Technologies

By Juzer S Kothari, MD- Conserve Consultants In India, the aviation industry is growing rapidly and airports are creating a positive impact on the social and economic well-being of the community they are located in. But it is also causing a negative impact on the environment and nature with critical issues

Net-zero Buildings – The bright prospect of Indian Real Estate

Ecologically accountable and resource-efficient buildings in current times have become an essential part and future of the real estate industry. Today the government, developers, builders and end users recognize the need and importance of green buildings and are implementing sustainable practices at a fast stride. Home buyers comprehend the significance

Developers Talk: Real Estate players applause Interim Budget 2019-20

By Rohit Sharma It is been seen that the Real Estate sector is applauding the Interim Budget 2019-20 which was presented on February 1 by Union Minister for Finance, Corporate Affairs, Railways & Coal, Piyush Goyal. This budget covered all the sector which were needed. When it came to tax Goyal

Key Highlights of Interim Budget 2019-20

By Accommodation Times Bureau The key highlights of the Interim Budget 2019-20 presented by the Union Minister for Finance, Corporate Affairs, Railways & Coal, Piyush Goyal in Parliament today are as follows: New Announcements 1. Farmers • 12 crore small and marginal farmers to be provided with assured yearly income of Rs 6000 per

Budget 2019: More Relief To Residential Houses

By Rohit Sharma NEW DELHI: The interim Budget 2019-20 presented by Union Minister for Finance, Corporate Affairs, Railways & Coal, Piyush Goyal today, has provided relief to residential houses and middle class. It has been proposed to exempt the levy of income tax on notional rent on a second self-occupied house.  Currently,