Hooked365

04/04/2023

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03/04/2023

With the IPL fever on, Imagine watching the match with a fan of your favourite team!

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01/04/2023

Finding a likeminded roommate will not be a challenge anymore.

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29/03/2023

Comfy stays with likeminded roomies.

Coming soon!!!

28/03/2023

21/02/2023

Hooked365 | Co-Living FAQs-

1. What is a co-living space in India?

Co-living space in India means a cluster of apartments with common shared amenities.

2. Can unmarried couples stay Co-live?

According to the supreme court order, unmarried couples can stay in a co-living.

3. Is coliving cheaper than renting?

Co-living is often cheaper than traditional rentals, especially in expensive urban areas. However, it is essential to consider all costs associated with both options, such as rent, utilities, and expenses, to determine which option is more economically viable.

4. How much does Co-live cost?

Co-live cost starts from 5,000*.

5. Is coliving a good idea?

Coliving helps to grow healthy relationships. It allows individuals to share ideas and work in the shared communal space and maintain a healthy environment.

6. Why is Co-living so popular?

A lot of co-living locations also provide fun features and fascinating residents. Co-living spaces promote interaction with others who share similar interests, in contrast to some communities where inhabitants often live apart from one another.

7. Why is co-living better than PG?

Coliving is typically more expensive as a result of the superior services it provides. In a PG, extra services like food and washing are also less expensive than in co-living. A co-living space, however, gives you more privacy.

8. What are the benefits of co-housing?

Co-housing can improve health outcomes by influencing psychosocial health determinants such as improved social support, a feeling of community, physical, emotional, and financial stability, as well as decreased social isolation.

9. What is the difference between co-living and co-housing?

A co-living space is a place that is rented by several persons who all have their own contracts while living in the same house and community. Private bedrooms and bathrooms are usually combined with shared eating and living areas in co-living settings. In contrast, a co-housing or flat-sharing arrangement typically involves several individuals living together in a regular family-style home that wasn't initially intended to be shared. Co-housing is typically totally shared, with the exception of each resident's bedroom. Additionally, co-housing will not grant access to the amenities provided in co-living locations.

17/04/2015

BREW News | Realty check: E commerce outfits are grabbing premium office space in cities

Most of the action is in Bengaluru, Gurgaon and Mumbai though the trend is seen in other Tier 1 and even in Tier 2 cities

E-commerce firms are the new kids on the block for marquee properties at key locations in major cities. This segment till recently used to be the preserve of global multinationals.

Realty industry watchers say that demand for office space is picking up thanks to the rising demand from large e-commerce players and start-ups. Corporates in expansion mode are also coming back.

Most of the action is in Bengaluru, Gurgaon and Mumbai though the trend is seen in other Tier 1 and even in Tier 2 cities.

E-commerce companies Amazon and Flipkart have already built up a bank of office space as they scale up.

E-brigade to the fore

Amazon is understood to have inked a deal to lease 1.3 million sq ft of prime office space in Bengaluru, while Flipkart last year cut a deal with the Embassy Group. Jabong has leased 1.2 lakh sq ft in Gurgaon and Snapdeal 1.1 sq ft in Delhi. Taxi aggregator Ola Cabs has signed up for 20,000 sq ft of prime office space at Embassy Golf and Housing.com for 1.5 lakh sq feet in Mumbai’s Powai area.

“Overall business sentiment has improved with the office market seeing significant activity in the second half of 2014. Companies have begun implementing their plans with greater confidence, leading to improvement in demand for office space. We believe that demand for office space will remain robust for the next two years,” said Sanjay Dutt, Executive MD, Cushman & Wakefield.

E-commerce companies are scrambling to pick up space to accommodate their burgeoning workforce and the backend operations.

According to another real estate consultant CBRE, more than 8 million sq ft of office space was completed across key cities during the first quarter of 2015. More than 50 per cent of the new office space supply was in the Delhi National Capital Region.

According to CBRE’s India Office Market View, the total office space taken up in Q1 of 2015 stood at more than 5 million sq ft.

Anshuman Magazine, Chairman and Managing Director, CBRE, said, “The demand for prime office space is expected to pick up in the coming months as companies implement their business plans across cities.

“The quantum of pre-commitments made during the first quarter is likely to boost space take-up. An emerging trend likely to gain momentum is that of cities such as Chennai and Hyderabad attracting demand for bespoke real estate solutions from large corporates.”

CBRE said that in line with trends observed during the second half of 2014, the first three months of 2015 saw the completion of a number of large office projects in the Delhi NCR, Mumbai, Bangalore, Hyderabad and Pune.

According to industry observers, PEs are also eyeing Grade A office properties to invest in as sentiment improves. “The investment size has gone up and more funds are coming into commercial and office space as corporates expand. We are optimistic about the office space category,” said Ashish Singh, MD (Real Estate Investments), Standard Chartered Private Equity Advisory.

16/04/2015

BREW | Market Update :

Realty check: E-commerce outfits are grabbing premium office space in cities

Amazon, Flipkart, Snapdeal, Jabong, Ola sewing up deals as operations expand

E-commerce firms are the new kids on the block for marquee properties at key locations in major cities. This segment till recently used to be the preserve of global multinationals.
Realty industry watchers say that demand for office space is picking up thanks to the rising demand from large e-commerce players and start-ups. Corporates in expansion mode are also coming back.

Most of the action is in Bengaluru, Gurgaon and Mumbai though the trend is seen in other Tier 1 and even in Tier 2 cities.
E-commerce companies Amazon and Flipkart have already built up a bank of office space as they scale up.

E-brigade to the fore

Amazon is understood to have inked a deal to lease 1.3 million sq ft of prime office space in Bengaluru, while Flipkart last year cut a deal with the Embassy Group. Jabong has leased 1.2 lakh sq ft in Gurgaon and Snapdeal 1.1 sq ft in Delhi. Taxi aggregator Ola Cabs has signed up for 20,000 sq ft of prime office space at Embassy Golf and Housing.com for 1.5 lakh sq feet in Mumbai’s Powai area.

“Overall business sentiment has improved with the office market seeing significant activity in the second half of 2014. Companies have begun implementing their plans with greater confidence, leading to improvement in demand for office space. We believe that demand for office space will remain robust for the next two years,” said Sanjay Dutt, Executive MD, Cushman & Wakefield.
E-commerce companies are scrambling to pick up space to accommodate their burgeoning workforce and the backend operations.

According to another real estate consultant CBRE, more than 8 million sq ft of office space was completed across key cities during the first quarter of 2015. More than 50 per cent of the new office space supply was in the Delhi National Capital Region.
According to CBRE’s India Office Market View, the total office space taken up in Q1 of 2015 stood at more than 5 million sq ft.
Anshuman Magazine, Chairman and Managing Director, CBRE, said, “The demand for prime office space is expected to pick up in the coming months as companies implement their business plans across cities.

“The quantum of pre-commitments made during the first quarter is likely to boost space take-up. An emerging trend likely to gain momentum is that of cities such as Chennai and Hyderabad attracting demand for bespoke real estate solutions from large corporates.

CBRE said that in line with trends observed during the second half of 2014, the first three months of 2015 saw the completion of a number of large office projects in the Delhi NCR, Mumbai, Bangalore, Hyderabad and Pune.

According to industry observers, PEs are also eyeing Grade A office properties to invest in as sentiment improves. “The investment size has gone up and more funds are coming into commercial and office space as corporates expand. We are optimistic about the office space category,” said Ashish Singh, MD (Real Estate Investments), Standard Chartered Private Equity Advisory.

Source : The Business Line