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All India, 9 December 2024: TRAC Representations - Sales, Marketing and PR arm of Cheval Collection in India, which is known for its luxury and exceptional services, has announced the appointment of Dr. Banani Saikia as the new Deputy Director for Indian market. Cheval Collection is an award-winning hospitality group with thirteen luxury all-apartment blocks with over 803 units, in London, Edinburgh and Dubai, guaranteeing a warm welcome and an unforgettable living experience. Get acquainted with these historic and intriguing cities from a spacious apartment, mews house or penthouse in one of our luxury Residences or Maisons, with the benefit of a fully equipped kitchen and dedicated living space at your disposal. With a range of accommodation options in prime locations, we promise to tra...

Electric Vehicles (EV) & ancillary industries present development opportunities in 13,000 acres of land by 2030 Increasing need for charging infrastructure can potentially translate into real estate demand of more than 45 million sq ft by 2030 Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers’ latest report “EVs in India: Renewed Vigour in Electric Mobility”, about two-thirds of the planned investments, can potentially materialize in the lithium-ion ...

Surpasses ₹1040 Cr worth of bookings in H1 with 2X growth YoY ~ BENGALURU, India, Dec. 10, 2024 /PRNewswire/ -- Coming to be known as the fastest growing city in the world, Bengaluru has witnessed a substantial boom in the luxury and aspirational real estate segments since 2020. Continuing its legacy of contributing to the city's growth story over the past 5 decades, Century Real Estate, one of the city's premier real estate developers, continued a remarkable 2X growth YoY in sales, recording an impressive ₹1,040 crores in the first half of the fiscal year. With a pipeline of new launches at prime locations, the company is aiming for crossing ₹2,000 crores in sales this fiscal, which should position it in the top tier of developers in the city by sales revenues. Codename Buil...

Average housing prices surged 11% YoY, 15th consecutive quarter of price increase starting 2021 With more than 30% rise, Delhi NCR saw the highest YoY growth, followed by Bengaluru at 24% Unsold inventory continued to drop on a quarterly basis, albeit still at high levels India, 02 December 2024: Average housing prices across the top eight markets in India rose 11% YoY at INR 11,000 per sq ft during Q3 2024, led by sturdy demand and positive market sentiments. Interestingly, average housing prices have increased for the 15th consecutive quarter since 2021. All the eight major cities saw an annual increase in housing prices with Delhi NCR witnessing the highest rise at 32% YoY, followed by Bengaluru at 24% YoY rise during the quarter. After registering record high sales over the ...

New Delhi, 3rd December 2024: Vestian's latest report on ‘REITs: Reshaping India’s Commercial Space’ states that 60% of India’s total Grade-A office space qualifies as REIT-worthy, highlighting the upside potential of REITs to transform the commercial real estate investment landscape. However, India’s REIT market is currently at a nascent stage compared to major global economies with only four listed REITs, covering an area of 125 Mn sq ft across the retail and office markets. Gradually, REITs are becoming popular among foreign and domestic investors owing to attractive returns in the form of dividends. Since their inception, REITs have distributed INR 16,800 crore, more in dividends compared to the entire NIFTY Realty Index. Despite producing better returns compared to the NIFTY Realty...