Noida strong competitor to Gurgaon in commercial realty
Nair pointed out that the biggest challenge with Gurgaon is availability of high quality office supply coming in at regular intervals. “As an occupier you cannot wait years for space to come. You need space coming up every
Covid-19 Impact: India’s notebook shipments at all-time high level in 2020
The year 2020 ended as the biggest year for notebooks with 7.9-million-unit shipments during the year, a y-o-y growth of 6%. Had the industry not been challenged by component shortages, notebook shipments could have been much
Flexible office space industry to witness large-scale churn
JLL India, in a report in November 2020, had said the Indian flex space market was in the midst of a strong growth cycle until it started facing headwinds due to the Covid-19 pandemic. The supply boom resulted in a significan
Covid forces office space providers to ramp up service quality at competitive rates
Prestige partners Awfis to offer flexible office space solutions
Max Estates leases 80,000 sq ft office space to Cyril Amarchand Mangaldas
Built with an investment of about Rs 600 crore with a net leasable area of over 5.3 lakh sq ft, Max Towers is a 21 storey Grade-A commercial office tower in Noida.
Consumer Preferences: No effect of border tensions with China on Indian smartphone choices
During Q4 2020, Xiaomi shipped 12 million units consolidating its lead with 27% market share followed by Samsung with 9.2 million shipments and a market share of 21%.
Demand for warehousing to remain strong in 2021
Gxpress director Praveen Vashistha said that warehousing, which comprises around 10% of the overall logistics cost, has a significant impact on optimising the remaining 90% that includes transportation, inventory management,
Chinese brands continue to dominate Indian smartphone market
Hold 75% market share in 2020 despite anti-China sentiments
Luxury housing in south India largely resilient to pandemic-induced downturn
The momentum in luxury real estate in south India in the last few months is expected to continue in 2021, especially in the IT-ITeS and manufacturing-driven cities of Bangalore, Hyderabad and Chennai.
Panel for leeway for LLPs to raise long-term debt
The CLC, which was set up in September 2019, also recommended creation of a new class of limited liability partnerships (LLPs) — small LLP — to promote the ease of doing business, especially in the MSME sector.
Luxury housing sales rise in Delhi-NCR
BPTP’s senior VP (sales & marketing) Amit Raj Jain points out that there is a lot of traction on properties upwards of Rs 1.2 crore, as people started to realise that this is the best time to buy houses.
Now, affordable becomes attractive for Haryana millennial homebuyers
The Haryana government has notified amendments to its affordable housing policy (AHP), 2013, with change in minimum area limit, project area limit, increase in commercial component and parking provisions.
IT ruled office space absorption in 2020 with Bengaluru, Hyderabad, Chennai accounting for the most
Logistics and engineering doubled their share in the year
Despite corona vaccine, 2021 brings little hope for shopping malls
However, mall owners, many of whom have extended slab-wise discounts till March, say that rents are already down by as much as 25% in some places and rentals as well as footfalls would now be determined only after government
Millennials and metros moving apart, thanks to WFH
Analysts say with companies looking to have 15-25% of employees working remotely, future homebuyers or even those living on rent will explore peripheral areas for a better lifestyle at lower costs. The trend is gaining more p
Noida, Greater Noida fast emerging as commercial hotspots in Delhi NCR
As per Anarock research, the average monthly rentals for Grade-A offices in Noida is between Rs 50-80 per sq ft, while in Gurgaon, it is in the range of Rs 85-125 per sq ft in prime areas.
After record October sales, smartphone market will witness lean period in Nov-Dec: IDC
Smartphone shipments rose 42% year on year in October driven by multiple online festival sales and continuing pent-up demand from Q3 2020. The shipment figure of 21 million units was the highest ever for October and the secon
After boom, apartment sales could go bust
Anarock Property Consultants chairman Anuj Puri expressed similar views. “What we are seeing right now is an organic pent-up demand driven by the desire to own homes, further accelerated by schemes and offers.”
Bengaluru key growth driver, share from other markets to rise in 2-3 years: JC Sharma, vice-chairman and MD, Sobha
Volumes from markets other than Bengaluru should keep improving in the foreseeable future at a faster pace on a lower base, while Bengaluru will grow on a higher base, but at a lower pace.
Covid spurs record demand for wearables in July-September
Increased demand for wireless devices pushed the ear wear category to hit its all-time high in shipments in the country, witnessing a 261% y-o-y growth in Q3 2020.
Covid-19 impact: Commercial real estate in dire straits with WFH
Savills in a recent report said Covid has opened conversations around contractual obligations, lock-in periods, exit notices, force majeure clauses, etc, from both a developer and occupier perspective.
Need for space drives demand for luxury houses
His reasons behind the switch are compelling — an integrated township with large green spaces, dedicated work areas and extra frills such as club house, gym, yoga studio, pollution and hygiene control thrown in.
Coronavirus impact: Demand for houses in Tier II towns accelerates
Analysts point out that the trend to move to Tier II & III towns has been there for the last six-seven years as economic growth trickled to smaller towns and the digital economy proliferated.
Data centre capacity to treble by 2025: Analysts
According to a report by Crisil, industry capacity is likely to expand over three-fold to hit 1,100-1,200 MW by FY25
Covid-19 pandemic boosts demand for personal computers in India
Schools and colleges continued to function virtually, leading to a surge in demand for consumer notebooks, especially in large cities.
Interview: ‘Mid-income housing to be big growth driver for us,’ says DLF CFO Vivek Anand
Mid-income housing (Rs 70 lakh-Rs 1.5 crore) has become popular with some developers. One of the behavioural changes emerging out of Covid-19 is the growing demand for more evolved personal living spaces. Gurgaon-based develo
Reason to celebrate: With gifts galore, it’s home sweet home for buyers
Flexible payment, maintenance waivers, penalty for late possession making homes cheaper
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