India Real Estate Latest Trends | Overview | Growth | Investments

August 4, 2023
Tesla Leases Office Spaces in Pune’s Viman Nagar During a Meeting with Modi

US-based Electric Vehicle manufacturer, Tesla soon after a meeting with the top executives said that it has selected office spaces in Pune’s Viman Nagar Locality. Pune is known as one of Asia’s largest industrial hubs having more than 4,000 manufacturing enterprises.

Tesla’s Chief executive officer Elon Musk stated that a manufacturing unit will be established in India and already registered one Indian arm in Bangalore. The significance of the company is known by the fact that the automobile Industry is among the greatest in the manufacturing sector.

The company’s Indian Arm, Tesla Motor & Energy leased an area of 5,850 sq. ft. of co-working center on the first floor in Panhsil Business Park and it has an estimated monthly rental paid will be 11.65 lakhs with 5% escalation after every 12 months.

Therefore, Tesla would be able to tap into India’s expanding consumer base of 1.4 billion people, and India would be able to support its manufacturing drive by successfully persuading the most valuable automaker in the world to produce its vehicles on its soil.

Why India’s Youth Are Investing in Real Estate: A 2023 Perspective

Did you know that India is home to the world’s youngest population, with an average age of 29 years old? In fact, the country is home to one-fifth of the world’s population, creating a particularly beneficial demographic. As is expected, this has had a significant impact on the country’s economics and growth, with the country being the fifth largest economy in the world as per the International Monetary Fund (IMF).   Millennials, who account for 36 percent of the country’s pop

Bengaluru – The Emerging NRI Investment Hotspot 

Bengaluru’s residential real estate is a significant investment destination now for NRIs. The allure of the Indian Silicon Valley can be traced back to an impressive lineup of infrastructure ventures, state-of-the-art IT corridors, a tranquil ambience, a secure cosmopolitan ethos and many other reasons. Let's dive more into what makes the investors look forward to the growth and the property market in Bangalore.   Diverse NRI Investments: A remarkable sign tha

Bangalore’s Property Market Set for Major Price Surge: Here’s What You Need to Know

Property prices in the Silicon Valley of India, Bangalore, are primed to substantially increase from October 1, 2023. As per the latest statements by Revenue Minister Krishna Byre, the average increase in guidance value is proposed to be 20–30 percent, depending on the locality. This comes after the change was first suggested by the Chief Minister Siddaramaiah during the proposal of the state budget 2023–24 on July 7, 2023. What does guidance value mean? Before we delv