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1.Real estate to be driven by affordable housing in 2018

The real estate sector is expected to be driven largely by the affordable housing segment in 2018, media reports reveal. The drive is a result of the increasing number of developers and institutional funds looking for opportunities in this space led by better returns.

2.Six Indian cities among top 10 realty investment spots in Asia-Pacific

Mumbai, Delhi, Pune, Hyderabad, Bengaluru and Chennai have featured among the top 10 emerging property investment destinations list for Asia-Pacific.

3.H12017 RECORDS 12.5 mn sq ft of net absorption lower by 11 per cent Yoy

Total net absorption in H12017 (January-June 2017) closed at a deficit of 11 per cent from the same time last year and was recorded at 12.5 million sq ft. Chennai was the only market among top 8 cities[1] to register a YoY growth of over 110 per cent in H12017, as per data from Cushman & Wakefield.

4.52% of MahaRERA registered residential stock remains unsold; 43% registered projects head to on-time finish

In the latest joint report by Cushman & Wakefield and Propstack, the total of number of under construction residential units registered under MahaRERA are estimated at 670,339 across 5,620 projects. Of the total units registered, as many as 350,000 units remain unsold leading to an inventory overhang of 52 per cent as of August 31, 2017.

5.India sees decline in residential launches as markets gear up to implement RERA

In the latest report from Cushman & Wakefield, the top eight cities witnessed residential launches of approximately 25,800 units in the first quarter of 2017, registering a 16 per cent decline from the corresponding period last year. A closer look at the trend indicate that launches have seen a steady quarter-on-quarter (Q-o-Q) decline for the last four quarters, corresponding with the announcement of Real Estate Regulatory Act (RERA) 2016 in March last year and the demonetisation exercise in November 2016.

6.Commercial office sector headed for positive disruption

The Indian real estate is on the cusp of change as the commercial office segment moves closer towards corporatisation, according to RICS and Cushman & Wakefield report 'Commercial Office Real Estate: Positive Disruptions- Beacons of Change’.

7.Bengaluru, Chennai, Hyderabad, Pune may attract highest investment in office assets this year

With real estate investment volume in Asia Pacific expected to hit US$ 611 billion in 2017, India is projected to be one of the best placed among emerging markets according to Cushman & Wakefield’s The Atlas Summary 2017, which analyses and predicts future trends in real estate investment activities across the world

8. India to contribute nearly 35 per cent of total absorption in APAC in 2017; expected to continue momentum in 2018-19

Anshul Jain, Managing Director, India, Cushman & Wakefield, says, “Real estate in India is on the realm of change. With a positive global outlook and strengthening GDP, India is on the right track to becoming an economic force within the region.

9.See how GST will impact the real estate sector

Rajya Sabha passing the Goods and Services Tax (GST) Bill has brought good news for the real estate sector. While one is yet to see if GST will be a game changer for the sector, CW has recorded different reactions from industry experts on the same.

10.India’s Tier-II and -III cities to emerge as alternate urban economic centres

The demand for real estate, particularly residential properties, and to a certain extent, industrial corridor in smaller cities and non-metros is expected to rise. This is a result of the Smart Cities Mission and development of industrial corridors and expressways

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