Property sales may drop 30% in 2017; realty, related stocks up for more pain…

Property sales may drop 30% in 2017; realty, related stocks up for more pain…

www.propertypoint.co.in
Calendar 2007 belonged to the real estate stocks, when the BSE Realty index surged some 75 per cent. The very next year, the index slipped over 85 per cent, and most of the these stocks have not been able to look up ever since.

Since December 2007, the BSE Realty index is down nearly 90 per cent till January 25, 2017. However, it is up around 5 per cent on a year-to-date basis.

Worse, things are projected to turn bad again this year, as industry watchers have broadly predicted up to 30 per cent drop in sales in 2017 on the back of the government clampdown on black money. The implementation of the Real Estate (Regulation and Development) Act, 2016 is widely expected to shake up the industry, leading to some consolidation.
Fitch Ratings expects property sales in India to fall by at least 20-30 per cent in 2017, owing to the disruption caused by demonetisation and a general caution among home buyers.

Warehouse / Godown 10,000 Sq Ft For Rent, Vashere, Thane

Warehouse / Godown 10,000 Sq Ft For Rent, Vashere, Thane

Warehouse / Godown 10,000 Sq Ft For Rent, Vashere, Thane –

The superior warehousing facilities speed up the throughput time and efficiency of the business operations from checking into terminals, unloading docking, loading, palletizing and checking out.

56 ft exclusive road for every building with 68 ft main roads and 121 ft (8-lane-one way)circular  loop road around the entire complex.

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Commercial Land Ideal for Mall, Hospital, School, Near Samistipur Railway Station (Bihar) – For Sale

Commercial Land Ideal for Mall, Hospital, School, Near Samistipur Railway Station (Bihar) – For Sale

Commercial Land For Sale – 45,000 Sq Ft – Ideal for Mall, Hospital, School, Near Samistipur Railway Station (Bihar)  For More Detail – www.propertypointindia.com

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E-commerce firms second largest drivers of warehousing space: Study

E-commerce firms second largest drivers of warehousing space: Study

E-commerce companies have become the second largest consumers of warehouses last year after third party logistics, said a new study.

The report by US based property consultancy CBRE also states that 2 million sq. ft. of warehousing space was taken up by e-commerce firms in 2015.

“This is a significant jump as the share of the sector rose from a meager 2 per cent of the total warehousing demand in 2012, to around 22 per cent during 2015. On the same lines, office space demand from e-commerce firms witnessed a 170 per cent year-on-year growth-from 0.7 million sq. ft. in 2014 to 2 million sq. ft. in 2015,” CBRE said.

Anshuman Magazine, chairman and managing director of CBRE, South Asia said: “Investors have begun to show more interest as the growth story of the sector continues. The sector saw significant activity during 2015, mainly driven by existing e-commerce companies looking to ramp up operations, while new players entered the market. Along with e-tailing groups(companies or organizations), substantial funding also flowed into the e-commerce logistics segment, which registered investments of close to US$ 262 million during 2015.”

Courtesy – Business Standard

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