Luxury serviced apartments come calling

Luxury serviced apartments come calling

The trend of serviced apartments that started more than a decade-and-a-half ago in Chennai has been growing at 10-15% each year. Business executives who come from around the world on short-term assignments, tourists visiting hospitals for long-term procedures along with family, NRIs coming during year-end for the music festival season, and students from foreign universities […]

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Busting the myths of ‘By invitation only’ properties

Busting the myths of ‘By invitation only’ properties

The concept of ‘By invitation only’ (BIO) housing projects is one of those ‘grey’ areas of real estate which carry with them very strong emotional markers. It tends to make Indians’ antennae perk up, and not necessarily from a demand perspective. We’re not considering gated communities here — the acquisition of a property in a […]

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What do retirement homes offer?

What do retirement homes offer?

Communities designed, managed and operated to fulfil the needs of senior citizens are a relatively new industry in India. Senior living communities fulfil an acute need for senior citizens living on their own. Well managed communities encourage social interaction and guard against loneliness. The number of senior citizens is growing exponentially every year (India adds […]

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Global uncertainties hit office demand, gross leasing down 19% in January-March across 6 cities: Colliers India

Global uncertainties hit office demand, gross leasing down 19% in January-March across 6 cities: Colliers India

India’s office demand has been affected by global economic uncertainties with gross leasing of workspace falling 19% in January-March across six major cities, according to Colliers India. Real estate consultant Colliers India on Saturday released data on the office market, which showed that the gross leasing fell to 10.1 million square feet in January-March from […]

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