Institutional investors’ interest in Indian warehousing market is growing manifold on the back of the government’s initiatives such as Make in India, implementation of the Goods & Services Tax, and infrastructure status for the logistics sector.
Global and domestic institutional investors have, over the past four years, invested over $3.4 billion into Indian warehousing that has long remained unorganised. These accounted for around 26% of the total private equity (PE) investments into real estate during this period.
The demand for warehouses is growing as there is a rise in demand from sectors like e- commerce, FMCG, consumer durables and manufacturing.
The growth in warehousing in India is primarily being driven by the following factors:
Growing manufacturing activity
Rising domestic consumption,
Increasing international trade
Emergence of organised retail in the country
Increasing private and foreign investments in infrastructure
Easing of government regulations
Moreover, the Indian market is witnessing a demand of innovative warehousing which is encouraging lot of organized players to enter this market. Warehousing is differently a segment which can’t be ignored.
Joka known for Indian Institute of Management in Kolkata has gained immense popularity for their curriculum. And now this area is witnessing massive boost due to upcoming metro near the IIM. As the metro work is in full swing so are the properties launches. Big developers like PS Group, Rajat Group have launched their respective projects which are gaining popularity among the masses. National developer Godrej Properties are also planning to come up with their 3rd project in Kolkata.
All these launches will see high rise apartments coming in the next few years and will definitely change the area of Joka.
Keep a look on our blog for updates on the property launches in Joka.
Cloud9 is a luxurious apartment developed by reputed developers of Kolkata.
Nearing completion, Hi-End Residential Project located, Off Alipore, Kolkata . “Cloud 9” – An affordable luxury residential project offering the comforts in city’s most posh location. Twin Tower Complex, having 2/3 & 4 BHK cross ventilated apartments, with majestic view of River Hooghly and 2nd Hooghly Bridge.
Jessore Road, one of the most popular locations in North Kolkata, has become an exciting place for residents of the City of Joy.
The most important reason has been the proximity to the International Airport and Dum- Dum Metro Station. It also provides easy connectivity to Central Kolkata. We have got ready to move in apartments in one of the most known address “Alcove Block 32”.popularly known as Diamond City North. It is a single tower of G+17 comprising of 102 apartments which consists of both 2 & 3 BHK apartments. The unit size varies from 1160 sq. ft. to 1852 sq.ft. The project is equipped with all the state of the art amenities.
B.T. Road is one of the upcoming residential areas where one can witness a lot of properties by reputed developers. We have got a wonderful upcoming property on B.T. Road.
Live life to the maximum at Merlin Maximus! Beautiful days awaits you amidst a huge 4.5 lakh sq.ft area. Located on B.T. Road right on Sodepur More. The connectivity and superior infrastructure has eased the process of development of Sodepur as preferred residential destination outside the city limits. With premium educational institutions, healthcare facility, modern supermarkets, proximity to airport along with road and rail connectivity makes the project an ideal choice for those looking for premium living at an affordable cost.
The project also scores high on environmental friendliness as it will incorporate landscaped garden, rain water harvesting facility besides efficient waste management and integrated solar panels to generate power. Fine living will be administered through clubhouse and fitness centers, light and sound waterfall enabled swimming pool, multipurpose sports arena, high speed elevators, shopping arcade with convenience stores, power back up facility, and a significantly large water body within the premises.
Panache is one of our most prestigious residential condo projects till date, a resplendent rendezvous on the water’s edge in ‘happening’ Sector V, Salt Lake. The project elevation is designed to exude positive and uplifting feel. It is connected to all key conveniences like markets and malls, educational institutions and hospitals,hotels, restaurants and amusement parks.