India’s first 3D-printed post office inaugurated in Bengaluru
On Friday, Ashwini Vaishnaw, the Union Minister for Railways, Communications, Electronics, and IT, officially inaugurated India’s inaugural 3D-printed post office situated in Cambridge Layout, Bengaluru. The virtual inauguration took place from the premises of the General Post Office building. Remarkably,…
Innovative Net Zero Technologies Shaping a Sustainable Tomorrow
Reducing our carbon footprint and inching towards net zero targets must be prioritized, and together, we can begin to create a sustainable future for the industry. Over the past few decades, there has been a rapid increase in population, which…
Building the Future: Innovating Sustainable Practices in Housing
Indian real estate sector accounts for 17% of total emissions, giving rise to the imperative need to adopt sustainable solutions that will restore the ecosystem. Over the past few years, the world has seen rapid commercialisation. Capitalism and industrialisation have…
Student housing in India to grow exponentially as student relocation projected to touch 31 million by 2036
Post pandemic, student housing rentals have been steadily rising by 10-15% YoY, reaffirming the scaling demand for quality student homes. A recent study conducted by Colliers India reflects that the student housing sector is emerging to be a sought-after asset class, given…
Industrial & Warehousing demand in India stable at 11 mn sq ft in H1 2023
Industrial & warehousing demand across the top five cities was stable during H1 2023 with 11 mn sq ft of leasing, compared to the same period last year. Delhi NCR continued to lead demand with 25.0% share, closely followed by…
Investment inflows in office sector rise, Colliers Report
Institutional investments into the office sector rose 2.5X YoY during H1 2023, at USD2.7 billion, signalling continued investor confidence in the growth & return potential of the sector. The share of office sector remained highest in the total inflows during…
New York’s Midtown East Welcomes the Completion of Sutton Tower, an 80-Story Multifamily Development
Sutton Tower, an impressive 80-story residential building, has reached completion in the vibrant neighborhood of Sutton Place, nestled within Manhattan’s Midtown East. Boasting a remarkable architectural presence, the tower proudly presents 120 exquisite for-sale residences. Anticipating an exciting summer ahead,…
Indian Real Estate Market Sees Unprecedented Surge in Mid-Housing and Premium Segment Sales
Indian real estate market has seen a remarkable upsurge in the sale of mid-segment and premium segment, with mid-segment homes increasing from 35% in the first half of 2022 to 38% this year and while premium homes have increased from…
Registration of new projects after verification of CC from June 19
The Maharashtra Real Estate Regulatory Authority (MahaRERA) will grant registrations for new projects from June 19 only after verification of commencement certificates (CCs) issued by the local authorities. The regulatory authority has made it mandatory for the local authorities to send the…
India’s Real Estate Sector sees three-fold rise
During the six-year period from 2017 to 2022, India received cumulative foreign institutional inflows of USD26.6Bn into real estate, a three-fold rise from the preceding six-year period. Foreign investments in India have been on the rise over the last few…