Office rental projections for the next one year continue to point to solid growth across all prime markets, according to a recent RICS’ India Commercial Property Monitor. In terms of the city breakdown, Bengaluru exhibits stronger rental growth projections when compared with Mumbai and the NCR.
RICS School of Built Environment (RICS SBE), an industry led academic institution, which delivers specialised undergraduate and post graduate courses to students aspiring to work within real estate, construction and infrastructure sector, has partnered with Propstack, among India's leading real estate data, analytics and workflow solutions platform to introduce real estate data and technology as part of the curriculum of RICS SBE, Amity University.
It’s been an action-packed year for the real estate sector. The year 2017, started on a slow note, with the sector still reeling under the shock of demonetisation – a policy measure announced by the government in November 2016, to flush out black money from the economy.
Demonetisation and GST hold long-term implications for the real estate sector, though there are issues with the implementation of GST was the broad consensus at a recently concluded dialogue on GST, demonetisation and the built environment industry, organised by the RICS School of Built Environment, Amity University and the National Institute of Urban Affairs.
The festival season is the time when developers offer many offerings and freebies to attract buyers and push their selling. On the other hand buyers consider festival season as an auspicious time to own a property. Like every year, this year also developers are offering many gifts or offers to woo buyers across Delhi- NCR.
Ten years on from the global financial crisis, RICS’ Real Estate Investment Risk Forum (IRF) challenges the industry to learn from the lessons of the past, as market dynamics create growing appetite for risk.