Larger Floor Plates And Quality Supply Are Major Pull Factors Across Most Key Office Markets

Across most key Indian office markets, secondary business districts (SBDs) are emerging as the new favourites of occupiers due to the availability of larger floor plates and latest amenities that suit most occupiers’ requirements besides offering options in superior grade-A assets to the discerning occupier. In the more traditional markets such as Mumbai and Delhi, the SBDs have been seeing more occupiers move in, at the cost of their CBDs.


REITs in India – Opportunity Awaits

Considering the capital-intensive nature of the commercial real estate sector as an investment avenue and also the limited investment opportunities with regards to high-grade office assets, REITs (Real estate investments funds) will be a big boon for the Indian real estate industry. In simple terms, a REIT is an investment tool that owns and operates real estate assets and even allows individual investors to invest in and earn income through partial/equity level ownership of commercial real estate without actually having to buy those assets.


GST and the world of residential real estate

aid at each stage of production or service delivery can be availed in the succeeding stages of value addition. This makes GST fundamentally a tax only on value addition at each stage.
This means that the end consumer will thusThe switch-over to the GST regime is undoubtedly one of the biggest tax reforms in post-independence India.  From July 1 2017, GST effectively cuts through a confounding Gordian knot of taxation complexity in the country. In other words, it replaces the multiple taxes levied by the central and state governments and will become subsumed of all the indirect taxes, including central excise duty, commercial tax, octroi tax/charges, Value-Added Tax (VAT) and service tax.


Railway succeeds at reversing declining passenger traffic trend

It is Prime Minister Narendra Modi's firm belief that Railways can give Gati and Pragati to the nation. We are driven by his vision to make Indian Railways the growth engine of our country. As I look back at the financial year gone by, I can say that we had many success and few misses. I am satisfied but not content. Innovative policies which we introduced have started giving dividends resulting in increase in both passenger and freight traffic. 


Mumbai, Delhi-NCR, Bengaluru in demand for retail rent in Asia Pacific

Retail rents for the most expensive locations in shopping centres remained relatively stable in 1Q17, with the aggregate Asia Pacific retail rental index edging up by 0.4% q-o-q. Of the 18 featured markets, almost all markets – including most sub-markets of Indian cities – recorded flat rents. Marginal appreciation of 0.5-1.5% q-o-q was recorded in select sub-markets of Delhi-NCR and Mumbai.
Of the four Indian cities featured in the APAC study, three – Mumbai, Delhi and Bengaluru – figure among the top-15 markets while Chennai sits outside of the top-15. Rentals of prime south areas were considered for both Mumbai and Delhi while prime city rents were taken into account for both Bengaluru and Chennai.