For many years, most Indian developers’ portfolios were dominated by residential projects, and many dedicated only a miniscule percentage to the office asset class.

According to a recent report by the Indian Brand Equity Foundation, the country's IT industry is expected to triple its current annual revenue to reach $350 billion by 2025

Expanding the existing range of evaporative air coolers, Vego has entered into 3D cooling technology based air coolers. The brand has introduced a set of six new 3D air coolers - Optima 3D, Giant 3D, Empire 45, Empire 55, Empire 25 and Ice Box 3D.

Real estate development remains a highly lucrative business line, which is why most builders retain skin in the game even in the face of strong market headwinds. However, real estate development also remains a highly capital intensive business, and among the many new market truths that RERA has brought to the fore, the fact that only well-capitalised players will endure going forward stands out.

Last September, Vector Projects (India), a leading turnkey interior solutions provider in residential and commercial spaces, merged with Uniply Industries, a manufacturer of plywood, laminates and related products, striking a first-of-its kind deal in India. The Rs 64.12-crore deal made Vector Projects a wholly owned subsidiary of Uniply Industries.

Malabar Developers, the real estate development wing of the Malabar Group that is better known for its chain of Malabar Gold & Diamonds, commenced its journey in 1995 with its first project, Malabar Gate. Since then, it has delivered highly innovative living spaces in the form of premium villas, apartments and commercial projects.

Today, the scale of urbanistion in India is only 33 per cent, whereas the size of the urban population is about 429 million – much larger than that of many other countries, according to World Bank data. The fact that Indian cities are among the fastest-growing in the world is clearly evident from JLL’s recent Cities Momentum Index 2017 – a research report which identifies the world’s 30 most dynamic cities. Six out of 30 cities, namely Bangalore, Hyderabad, Pune, Chennai, Delhi and Mumbai, are in India.

Ashish Kumar Singh, Principal Secretary, Public Works Department (PWD), Government of Maharashtra, speaking at the Confederation of Indian Industry (CII) Conference on Infrastructure Project Management, in association with CBRE, highlighted the challenges faced by the government in executing infrastructure projects particularly the need for a pool of contractors who are supported by a team of skilled personnel who can deliver world class projects.

India ranked fourth in developing Asia for FDI inflows as per the World Investment Report 2016 by the United Nations Conference for Trade and Development. That is endorsement at the highest levels – and real estate saw equity investment on a very visible return journey to India last year. Indian real estate has attracted US$ ~32 billion in private equity so far. The global capital flow into Indian real estate in 2016 stood at US$ ~5.7 billion.