With Indian cities under increasing pressure to grow vertically, the share of high-rises (G+20 floors or more) scaled unprecedented heights in 2019.
I spend a lot of time in coffee shops writing these days.
In times of continuing low residential sales, developers are seeking alternatives to infuse liquidity and boost business.
Rising real estate rentals, diminishing brand loyalty among millennials and rising operating costs in metros have been brewing trouble for innumerable cafes operating across India. Unable to survive the heat, many coffee shops are compelled to shut shop within 18 months into the business.
SBI's latest and highly differentiated home loan scheme is an extremely good move and positive for the residential real estate sector as a whole.
As the countdown to Union Budget 2020-21 begins, all sectors hope that the government will unleash a plethora of goodies – from tax cuts and other consumption boosters to increasing credit off-take from banks to ease liquidity. Real estate particularly hopes for the quick implementation of alternative investment funds to rescue stressed residential projects. The pressure on the Finance Minister is as high as it could possibly go, considering the state of the economy.
2018-end, total coworking supply was between 7 - 7.5 mn sq. ft. area – and crossed 12 mn sq. ft. by 2019-end Top 7 coworking players alone have more than 350 centres across India – no. set to double or treble in next 2 years PE funds and institutional investors will continue to back bigger players in 2020 Survival a challenge for smaller players; more mergers and acquisitions likely in 2020 Current lease-based structure not flexible & cost efficient - 2020 is likely to see the rise of ownership model