Come 1st May and the much awaited Real Estate Regulation & Development Act (RERA) will finally become a reality. An act that is expected to bring transparency to the sector and attract foreign investors in the process, RERA is well on its way to revive the sector by giving a major push to the demand for both residential as well as commercial properties in the second half of the current financial year.Read More..
Commercial real estate sector got a big boost in the first quarter of this year. According to a report by CBRE (CB Richard Ellis), demand for office space leasing saw a new high, approximately 8 million sq. ft. in Jan-Mar, 2017 in the top eight cities of India. The Delhi-NCR region in the country spearheaded this demand with 19% of the total share in office leasing demand.Read More..