Latest Real Estate News Delhi, India - Real Estate market in india

E-commerce

E-Commerce Platform for Real Estate Sector | Weekly Round Up | RealtyMyths

Welcome back to the Weekly News Round up! Let’s see what’s in the bulletin for this week.    The central government is set to launch an e-commerce platform for the real estate sector in India in January 2020 to make the process of buying and selling houses transparent. The platform would enable buyers from all over the world to buy property anywhere in India and this e-commerce portal will carry full information pertaining to all the real estate projects that have been completed, projects that have received occupancy certificates, size of the houses, prices and precise location. Bahrain- based alternative investment manager Investcorp aims to grow its business in India to $1.5 billion in assets under management over the next five years.  Investcorp forayed into the Indian market through t...

Under-performing stores, high rentals spell trouble for retailers: JLL Study

Omni-channel strategy, along with balanced expansion to tier II & III markets will be the key to run a healthy business for retailers in the country, according to a latest JLL study, Urbanisation, Aspiration, Innovation – The New Paradigm of India Retail, released today at the two-day India Retail Forum, being organized on 24th & 25th of September. The report adds, amidst rising rentals across malls, low occupancy rates and the onset of alternative retail formats such as e-commerce, retailers are now preferring better performing Grade A/prominent malls over others where the rental deals are purely on a revenue share basis. Leases are being renewed at steep premiums in malls where occupancy is around 90%. As a result, many marquee malls have seen a three-fold jump in rentals. Premiu...

A Historic High – Leasing Crosses 30 mn sq.ft. in H1 2019

CBRE South Asia Pvt. Ltd – India’s leading real estate consulting firm today announced the findings of its latest India Office Market View – Q2 2019. As per the findings of the CBRE report, leasing activity rose by almost 40% as compared to H1 2018, crossing 30 million sq. ft. during the first half of 2019; a historic high, indicative of the fact that leasing activity could surpass the previous peak of 2018. Overall in H1 2019, Bangalore, Hyderabad, NCR and Mumbai accounted for about 80% leasing in the country. The share of SEZ spaces in overall space take-up rose from 26% to 29% during the same review period – mainly led by Bangalore, Hyderabad, and Pune. Elaborating on the office leasing market, Anshuman Magazine, Chairman & CEO, South East Asia, Middle East and Africa – CBRE, said: ...

Warehouse leasing crossed the 25 million sq. ft. mark in 2018, says CBRE

Warehouse leasing in India crossed the 25 million sq. ft. mark in the year 2018, says the report issued by CBRE South Asia, India’s leading real estate consulting firm. CBRE today announced the findings of its latest report, the third in the series – “ONLINE RETAIL DRIVING REALTY – ELEVATING THE E-COMMERCE GAME”. The report examines the link between online retailing (e-tailing) and the logistics sector and the impact of GST on the leasing of warehousing spaces in the country. As per the report, the impressive growth of the e-commerce sector has been on the back of favorable policy reforms, tech-enhanced warehouses, rising smartphone and internet penetration, digital India movement, amongst others. This has upstretched the share of e-commerce in overall warehousing leasing uptak...

New E-commerce Policy! Retailers Seek to Override the Fallout – ReltyMyths

 Anuj Kejriwal, MD & CEO – ANAROCK Retail  The advent of e-commerce in India ‘smartly’ altered the shopping habits of Indian citizens. Anything and everything – from groceries to apparel to electronics etc. – is now just a click away. For a while, it appeared that ‘couch potato shopping’ was gaining prominence and disrupting the entire brick-and-mortar business. It now emerges that this has not really happened. Despite causing disruptions, the ‘e-commerce effect’ was not enough to have a significant and lasting impact on the conventional retail formats. For a while, online giants like Amazon and Walmart-owned Flipkart were basking in the rising success of the effervescent Indian e-commerce business arena. They were maneuvering strategies to penetrate deeper into newer marke...

Impact of Interim Budget 2019 on the Retail Sector – RealtyMyths

by Anushree Ghosh Review & analysis of the interim budget for the retail sector Introduction to the interim finance budget, impact on the rural and lower-middle-class segment, increase use of consumer-driven goods, benefits to small and middle-sized enterprises, future impacts and the central thought behind introducing exemptions to a great degree. The interim budget 2019-20 was a political stroke to chase the rural and middle-class voters. The upcoming general elections seem to define the limits of the taxpayers, aimed to woo the voters.  Finance Minister Piyush Goyal announced the course of action required to foster the growth of private consumption. Focusing on the current scenario, when the customer is much more evolved than before, the customer-driven retail segment expects a lot ...

Weekly News Round Up – RealtyMyths

Hi guys, and welcome back to the weekly news roundup, where we talk about the current news in the real estate industry. So let’s begin!  Starting with the RBI policy changes. RBI cut the Key Repo rate by 0.25% to 6.25%. The central bank also changed its monetary policy stance to ‘neutral’ from the earlier ‘calibrated tightening’, indicating further relaxing on its approach towards interest rates. Next update on Reliance Industries. To expand the presence in the e-commerce and communication segment, Reliance Industries is planning to invest an additional INR 10,000 crores in West Bengal Update on highways in India. Under the Bharatmala Pariyojana programme, 65,000 km of highways to be built across the country by 2022, at the cost of over INR 5.35 lakh crores, said Nitin Gadkari, Road Trans...

Retail Real Estate in 2019: A Forecast – RealtyMyths

by Akhilesh K Prasad 2018 has been an active year for the Indian retail sector. Consequently, the retail real estate has witnessed growth. As we move into 2019, the following is our analysis of the retail market trends: Reforms: The Government has allowed 51% FDI in multi-brand retail and 100% FDI in single-brand retail under the automatic route. The move is a definite crowd puller and global retail giants such as Walmart are making forays into the Indian retail space. The Government is also in the process of tweaking norms for retail trade and enacting a 365-days working policy, in order to further improve India’s ranking in Ease of Doing Business. Demand: Apart from the above, rapid urbanization, digitization, rising disposable income and change in lifestyle has also promoted the retail ...

Will Physical Retail Survive the E-commerce Assault?

Anuj Kejriwal, MD & CEO – ANAROCK Retail Online retail is projected to grow to US$ 73 billion by 2022 Retail sector attracted US$ 147.40 million investments in FY18 Organised retail penetration expected to reach 10% 2020 against current 7% Amazon & Alibaba are investing in offline stores – brick-and-mortar retail will survive the ‘online assault’ The Changing Dynamics of Indian Retail The Indian retail sector is on a faster roll than ever before. Rapid urbanization and digitization, rising disposable incomes and lifestyle changes – particularly of the middle-class – are acting as booster rockets for the Indian retail sector, which is projected to grow from US$ 672 billion in 2017 to US$ 1.3 trillion in 2020. Over the last two decades, the Indian retail market has ...

Indian Malls Resurge, but e-Commerce a Threat in Tier-II, Tier-III cities – ANAROCK Report

91% Indian retail sales driven by brick-and-mortar stores, but smaller cities remain underserved Good quality mall stock to increase by 10-15%; mediocre-to-weak stock to decline by 5-10% While e-commerce and brick-and-mortar stores will continue to co-exist in India, e-commerce currently has a definite edge over physical retail in India’s tier II and tier III cities, warns ANAROCK Retail’s report ‘Rebirth of Retail Malls: New, Improved and Revitalized’. The report, which was released at the India Retail Forum (IRF) in Mumbai today, mentions that India’s tier-II / tier-III cities will also be key contributors to the country’s retail growth going forward. The organized retail market is growing at CAGR of 20-25%. “Nearly 100 million people out of India’s 300-400 million-strong middle class cu...

85 New Malls to open in India in next 5 years

14 million sq. ft. more retail spaces in top 8 cities by 2020 Anuj Kejriwal, MD & CEO – ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India – and they are definitely here to stay. As developers learn through trial and error and come up with more winning formulas for their malls, and as a retailers get more into omnichannel selling, we will see the Great Indian Mall revolution spin into its next cycle of evolution.  Why the Indian Mall Story Rocks Unlike ‘couch potato’ e-commerce shopping, malls offer an experience a touch-and-feel benefit which online shopping cannot. Also, going to a mall becomes ...

The rise and rise of indian malls

Anuj Puri, Chairman – ANAROCK Property Consultants Rapid urbanization and digitization, increasing disposable incomes and lifestyle changes of the middle-class are leading to a major revolution in the Indian retail sector, which is pegged to grow by 60% to reach US$ 1.1 trillion by 2020. The Government has clearly hit the bullseye by easing the FDI norms in the retail sector over the past few years. Reacting to the immense opportunities and diminishing entry barriers into the Indian retail scene, overseas retailers are now expanding exuberantly. And it’s not just the metros they’re targeting – even tier 2 cities like Ahmedabad, Chandigarh, Lucknow and Jaipur, to name a few, are opening up for organized retail in a big way. Malls are literally mushrooming across the Indian subcontinen...

  • 1
  • 2
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.