Skyscrapers- Accommodating India’s Population Explosion

India is a fast developing country, with more and more people moving to cities in want of a better lifestyle and numerous job opportunities. With urbanization being the trend, shortage of land and an increase in the number of inhabitants has given rise to the concept of high-rise buildings. Moreover this concept seems to be the need of the hour. Skyscrapers are the future of Indian real estate. Today instead of building individual houses, authorities have decided to let the cities grow vertically. There is enough demand for high-rises in both the residential and commercial sector.

Skyscrapers- Accommodating India’s Population Explosion

Skyscrapers- Accommodating India’s Population Explosion

This concept has gathered steam not only in Delhi and NCR but also in other parts of the country. Urbanization is an unstoppable phenomenon that is the key to social and economic development, assuming particular importance in developing countries, especially India. Keeping in mind the limited land available to accommodate the growing inhabitants, the cities have to be planned properly and better than before. So the only way is to go upwards. It is a significant step in the right direction by harnessing technology so people can enjoy a good life-style which is sustainable and environmentally friendly. [Read more…]

Reasons why Mumbai is a Glamorous Real Estate Market

Mumbai tops the list and remains the most expensive real estate market in India. To buy a property in Mumbai is a dream and will remain a dream for many. The real estate market has seen many ups and downs in the recent past but Mumbai real estate market has never seen a fall. According to Anuj Puri from JLL, Mumbai real estate prices are on the up due to certain factors and hence buying and renting is very expensive in Mumbai.

Reasons why Mumbai is a Glamorous Real Estate Market

The Geographical factor plays an important role in the growth of Mumbai. Mumbai is surrounded by water on three sides and hence growth is unidirectional, from south to north. Mumbai sees only vertical growth. Developers and builders started moving to the suburbs of Mumbai and now the suburbs are also densely populated. Shortage of available land is another handicap, no land parcels are easily available, and so what you find are small homes. Skyscrapers form the skyline of Mumbai. [Read more…]