Trehan Iris Broadway Greno West

The shortage of skilled manpower is a major challenge for the real estate sector in India. The real estate sector in India is facing a major challenge due to the shortage of skilled manpower. This shortage is being felt across all levels of the sector, from construction workers to engineers and architects. The rapid growth of the real estate sector in recent years has led to an increased demand for skilled workers. The Indian real estate sector has been growing rapidly in recent years, with the demand for housing and commercial space outpacing supply. This has led to a shortage of skilled workers, as the industry has not been able to train and deploy workers fast enough to meet the demand. The aging workforce in the construction sector is another factor contributing to the shortage of skilled manpower. The construction sector is a labor-intensive industry, and many of the workers in the sector are nearing retirement age. As these workers retire, they are not being replaced...

  India’s retail sector is witnessing a constant surge in demand and driving healthy leasing across Grade A retail spaces. Growing consumer base, evolving lifestyle, urbanisation, rising disposable income, the convergence of online and offline retail, and investments in retail infrastructure are factored in for the hike in the leasing activity of retail spaces. According to a report released by CBRE, retail leasing witnessed a significant hike of 24 percent year-on-year in the first half of 2023 compared to 15 percent growth in the year-ago period. The first six months of 2023 witnessed total leasing stood at 2.87 mn sq ft compared to 2.31 mn sa ft. Bengaluru, Delhi-NCR, and Ahmadabad collectively accounted for 65 percent of the total share of leasing. As the future of the retail sector in India looks sanguine, mall and retail real estate developers are capitalizing on the hiked demand by planning new launches. A report of India Market Monitor-Q12023 shows substantial new supply du...

NCR’s commercial realty market  is optimistic about a healthy growth momentum. Below mentioned are some of the key locations in NCR holding immense potential and  bright prospects for commercial investment .  Greater Noida West  – Greater Noida West is evolving as an attractive market offering promising prospects for commercial realty. A growing number of IT/ITeS/, Research & Consulting/Manufacturing companies have established their base here transforming it into a vibrant business hub. The existing and proposed developments in and around the region have significantly piqued the interest of potential buyers, investors, and developers. Besides garnering interest from various MNCs and startups, the region is undergoing a retail revolution. The area is likely to have around 5 lakh apartments in the next 3-4 years, harboring an estimated population of 15 lakh residents. Various infra developments including the proposed Noida International Airport at Jewar, a multi-mo...