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匿名
发表于 2021-3-12 16:15:19
In India, the real estate sector is developing rapidly in past few years. By projection of government India should become a USD $5 trillion economies by 2024-25. There are numerous challenges for the real estate and construction sector from stress demand supplier ratio to the financial health of companies regulations are being discussed as on sectors compliance. These have bled the industry especially the 2008 global financial crisis.
<a href="https://khoslakaghosla.com/">Mumbai and Delhi</a> like cities have always led the real estate space. The fastest growing cities of the country like Bengaluru, is promoted as silicon valley of India. This city is a crowded core to the country's economy. This city has 8.5 million of population and is also known as fastest growing metropolis in countries after NCR.
BOOMING MILLENNIALS WORKFORCE
The booming millennial workforce in the garden city has made Mumbai's real estate group rapidly. Mumbai is well known for active residential market and now also famous for having sustained demand for commercial space. According to NASSCOM report 2018,the fastest growing technology startup hubs in India is Mumbai. Which has around 7700 register startup firms and also approximately 1,200 new startups where register in 2018.
The companies like redBus, Edelweiss,whiteHat Jr given that affords to resume their business in this pandemic period but also break new ground in their industry.Salesforce CRM has played an essential role. Do you know what it is?
Various government reforms:-
Information of reformers like RERA & GST has made the sector go through consequential improvements. As a business core this city feeds to the technology and other service,requirements of companies globally. Specially, Mumbai has a use attraction of highly skilled workforce.
RAPID REAL ESTATE GROWTH IN INDIA
In year 2018, Mumbai has again established their position in commercial space. As per, JLL report,Mumbai has the highest absorption of office space at 7.9 million square feet in the first nine months of year.
Mumbai has also proceed decently in a residential segment. As per the recent research,about 870 projects were launched about in 2018. About 50% of this new supply was in middle segment (RS.40-70 lakh) followed by 24% in the affordable segment (less than RS 40 lakh and above).
The well known, educated and millennial population of Mumbai has its unique requirement, has home buying preference or even with working space.as these are you appearing trends which are expected to define them in upcoming days.
BOOSTING IN AFFORDABLE HOUSING SEGMENT
Affordable housing observes a group of 22% in sales during 2018. The recent budget report states that the government has extended the deduction of interest on home loans by rupees 1.5 lakh to rupees 3.5 black and flat 1% rate of under construction of a devil housing for boosting then demand. Additionally,government has facilitated the benefit of Credit Linked Subsidy Scheme (CLSS) on home loan for Middle Income Group (MIG) Under PRADHAN MANTRI AWAS YOJANA till the end of March 2020. And this is another step near progression of affordable housing segment.
Ever-expanding city landscape:-ideal destination for investment
Mumbai city is now one of the most reputed and fourth place for investment in real estate, mainly among the well-heeled communities in the City. Luxury villas are not only proving the demand from NRI but also from homegrown demand coming from senior executives, entrepreneurs,among others. Wondering, there is an important pressure on an development in geographics like Worli, Bandra, Andheri, Kandivali, Borivali and Mira Road.
EMERGING TRENDS:- CO-LIVING AND STUDENT HOUSING
Co living and student housing is another popular trend among working millennials and students in Mumbai. This city is credited with leaps and bounds in a very less period of time. So,the demand for this state shall continue stepping forward.as the demand is increasing the city is expanding and it is moving away from prime locations. Such as Worli, Bandra, Andheri, Kandivali, Borivali and Mira Road in North Mumbai are the places where developers are having major attraction.
Overall, the real estate industry is proving that development. Particularly in the luxurious home,affordable homes are co living and student housing segment. Where the open space, comfort, and good rental yield are the key of the properties.
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匿名
发表于 2021-2-21 16:29:30
