The many challenges in residential real estate

In the early 2000s, a general euphoria engulfed the nation, especially the youth, induced by bright new opportunities lying ahead of them. Real estate dreams becoming a reality was a huge part of that giddiness.

Rapid urbanisation led to companies setting up their offices and development centres in metros that, in turn, attracted talent from all over the country. This led to a steep capital appreciation of residential assets, making everyone invest more and more in this sector. However, euphoria is inevitably followed by gloom.

The pall over this growth has been growing over the last five years — demonetisation, RERA, GST, and now COVID-19, have been big shocks that have significantly altered the residential real estate landscape.

About $150 billion worth financial distress looms the Indian residential real estate sector due to the unused, unsold inventory, and ongoing projects stuck at various stages. According to a report by Knight and Frank, the Indian residential real estate rental market stands at $13.5 billion while the shared residential rental market is worth $6.5 billion.

However, massive challenges like a mismatch in supply and demand, subdued demand, and liquidity crunch have brought growth to a standstill. The pandemic, too, has precipitated and

Read More

Latest residential projects in Charlotte

The Charlotte area saw plans progress on a plethora of new residential projects to begin the new year.

Charlotte’s hot housing market keeps momentum through 2020

UP NEXT

UP NEXT

In University City, for example, a co-living apartment community is now underway. Other upcoming projects in that area of Charlotte include up to 712 apartments on University City Boulevard, a mixed-use development with as many as 300 apartments and 132 townhouses on Prosperity Church Road, up to 157 duplex, triplex and single-family units at IBM Drive and Neal Road, and 63 residential units on Galloway Road — all four of which were approved by Charlotte City Council in January. A rezoning petition to convert two buildings at the TownePlace Suites Charlotte University Research Park property into housing was also filed last month with the city.

Loading...

Load Error

ALSO READ: Charlotte’s hot housing market keeps momentum through 2020

Elsewhere in Charlotte, yet another new apartment project is planned in South End, new apartments will break ground later this year in phase two of Camp North End and work is finishing up on a luxury apartment community just west of uptown.

And several additional residential projects in the greater Charlotte region,

Read More

Residential Interior Design Market Size Report 2021 by Manufacturer Share, Price, Revenue, Gross Profit and Forecast to 2025

The MarketWatch News Department was not involved in the creation of this content.

Feb 01, 2021 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Residential Interior Design Market” report gives over all information of the industry, which including regional development status, including market size, volume and value, as well as price data. Residential Interior Design industry report covers the manufactures data, including: shipment, price, revenue, gross profit, interview record, business distribution etc. The report also covers segment data like type segment, industry segment, channel segment, volume and value. Residential Interior Design market also covers different industries clients information, which is very important for the manufacturers.

Get a Sample PDF of the Report –https://www.absolutereports.com/enquiry/request-sample/17259035

The Global Residential Interior Design market size will reach significant CAGR between 2020-2025.

Residential Interior Design Market Manufacturer Detail is as follows:

● Gensler ● Gold Mantis ● HOK ● HBA ● Perkins+Will ● Jacobs ● Stantec ● IA Interior Architects ● Callison ● Nelson ● Leo A Daly ● SOM ● HKS ● DB and B ● Cannon Design ● NBBJ ● Perkins Eastman ● CCD ● AECOM Technology ● Wilson Associates ● M

Read More

Greater Atlanta Residential Real Estate: Where are we now?

Greater Atlanta’s residential real estate market has gotten off to a strong start thanks to continued low interest rates and buyer interest after months of sheltering in place, according to Kelly Stephens, managing broker of Engel & Völkers Atlanta North Fulton and Engel & Völkers Buckhead Atlanta. She notes it’s currently a seller’s market, as the inventory of attached and detached single-family homes in the 14-county greater Atlanta area is low – perhaps an all-time low of 18,153. “Searching back seven years through FMLS (First Multiple Listing Service), I do not see another month with inventory reported at such a low number. Usually, we expect to see inventory at around 30,000 listings in greater Atlanta. Competition for existing homes is fierce, with sellers receiving multiple offers from prospective buyers,” Stephens says.

Stephens notes that increasing activity from iBuyers, means some traditional home buyers are losing to iBuyer cash offers. This situation is sending more traditional buyers to builder neighborhoods, as they are unable to find resale opportunities in older communities. Here, buyers have the opportunity to select a lot, and choose a floor plan and custom finishes to build the home of their dreams. Navigating this process is challenging in

Read More

From industry status to 100{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} FDI in completed residential projects, here’s what real estate wants



a large building: Developers are also looking for more fund for the sector under SWAMIH so that stalled projects could be completed on a priority basis.


© Provided by The Financial Express
Developers are also looking for more fund for the sector under SWAMIH so that stalled projects could be completed on a priority basis.

Indian Union Budget 2021-22: With the Union Budget 2021 round the corner, there are expectations galore that the government will do its best to help revive the sectors and industries which have been hit hard by the Covid-19 pandemic. No wonder, real estate is also betting big on this year’s budget for revival of fortunes.

According to industry experts, apart from making necessary interventions through fiscal support, liquidity infusion as well as reform-driven investments in the initial leg of relief measures, both the government and the RBI have in recent months rolled out other critical measures like loan moratorium, one-time restructuring of corporate and personal loans, among others to help the sector.

“These measures and concessions have definitely helped in enhancing consumer sentiment, thus boosting consumption, resulting in increased traction in the real estate sector. However, while we have seen a continuance of recovery in the fourth quarter which started in Q3 2020, the actual market transaction volumes continue to be lower compared to the pre-Covid levels,” says Ramesh Nair, CEO

Read More

Global Residential Luxury Interior Design Market Driving Factors, 2025 Market Analysis, Investment Feasibility and Trends

The MarketWatch News Department was not involved in the creation of this content.

Jan 04, 2021 (The Expresswire) —
Global “Residential Luxury Interior Design Market” is segmented by region, players, by Type, and by Application. Players, stakeholders, and other participants in the global Residential Luxury Interior Design market will be able to gain the superior as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region by Type and by Application in terms of revenue and forecast for the period 2020-2026.

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2025), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included.

Get a Sample copy of the reporthttps://www.absolutereports.com/enquiry/request-sample/17000016

From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this

Read More

Six Key Residential Wellness Design Trends For 2021

Wellness design was a strong and growing trend before Covid-19 reached our shores early last year, but it has exploded in popularity as the virus increased awareness of the links between home and health. It’s likely that the trend will long outlive the pandemic.

That’s partly because so many Americans have spent so many more hours at home considering what works for them and what doesn’t in their living spaces, have had to start working in existing or improvised home offices, set up distance learning stations for their children, possibly started doing bulk shopping online and needing more storage, inexplicably couldn’t find toilet paper in stores last Spring, and wished they had bidet functionality in their toilets; sequestered ill family members in spare rooms, or moved an older relative out of a nursing home or assisted living facility.

It’s also because the virus was shown last summer to be mostly transmitted via airborne spread in poorly-ventilated spaces, elevating the importance of indoor air quality management and improved ventilation.

Here are

Read More

Residential Interior Design Market Latest Trends, Technology Advancement and Demand 2021 to 2027

The MarketWatch News Department was not involved in the creation of this content.

Jan 05, 2021 (Market Insight Reports) —
The Global Residential Interior Design Market Research Report Forecast 2021 – 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Residential Interior Design market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Residential Interior Design data that enhances the understanding, scope, and application of this report.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Residential Interior Design Market: Gensler, Gold Mantis, HOK, HBA, Perkins+Will, Jacobs, Stantec, IA Interior Architects, Callison, Nelson, Leo A Daly, SOM, HKS, DB & B, Cannon Design, NBBJ, Perkins Eastman, CCD, AECOM Technology, Wilson Associates, M Moser Associates, SmithGroupJJR, Areen Design Services, and Others.

Click

Read More

Nine Residential Kitchen Design Trends For 2021

Kitchens have always been among the hardest-working rooms in our homes, and the Covid-19 pandemic has made this even truer today. While we’re not entertaining in them to protect our households against infection, many Americans are setting up work from home stations on their kitchen islands, creating distance learning setups at their tables, and cooking far more than in the past. This also means more grocery shopping and enhanced storage.

All of these pandemic-driven adaptations, and associated choices like adding personalization and hands-free technology, show up on trend reports for the new year. Many will likely continue past the end of Covid, as awareness of the potential for future viruses and of the links between home and health increase.  Here are nine kitchen design trends that industry leaders are seeing for the new year.

Ferguson Bath, Kitchen & Lighting Gallery

The large luxury retailer publishes an annual look book highly regarded by

Read More