scholarly journals Impact of Corona Virus on Indian Real Estate

2021 ◽  
Vol 9 (9) ◽  
pp. 2105-2112
Author(s):  
Ar. Garima Singh
Keyword(s):  
Real Estate ◽  
Housing Market ◽  
Sales Strategy ◽  
Office Space ◽  
Corona Virus ◽  
Demand Rates ◽  
Real Estate Developers ◽  
The Impact

Abstract: This paper talks about the impact of corona virus on Indian Real Estate in terms of Demand, Rates of property, impact on Indian housing market, home buyers in India, builders in India, office space in India. What interventions government should take in response to COVID-19 to boost the demand and what sales strategy real estate developers taking post lockdown.

Hangzhou Housing Demand Forecasting Model Based on BP Neural Network of Genetic Algorithm Optimization

2014 ◽  
Vol 587-589 ◽  
pp. 37-41 ◽  
Author(s):  
Yi Hua Mao ◽  
Meng Bo Zhang ◽  
Ning Bo Yao
Keyword(s):  
Neural Network ◽  
Genetic Algorithm ◽  
Real Estate ◽  
Housing Market ◽  
Bp Neural Network ◽  
Housing Demand ◽  
Forecasting Model ◽  
Algorithm Optimization ◽  
Genetic Algorithm Optimization ◽  
The Impact

Hangzhou, the capital of Zhejiang province and a famous scenic tourist city in China, goes at the forefront of the country for its high real estate prices, which hold a very important position of orientation to pricing in the real estate markets of the Yangtze River Delta region and of the whole country as well. The price trend of Hangzhou's real estate is even related to the sustainable development of the city. This paper uses the macro data on the housing market in Hangzhou during 1999-2012 to establish a forecasting model which is based on BP neural network of genetic algorithm optimization. With MATLAB software exploited for programming and simulation, the prediction made by the model about the housing demand in Hangzhou and the subsequent re-examination show that the model has high precision. But due to the impact of the national macro-control policies on housing market, the predictive value of some years may fluctuate to a certain extent.

scholarly journals Evaluating the effect of new working practices on office space usage in Hong Kong

2019 ◽  
Vol 21 (4) ◽  
pp. 346-366
Author(s):  
Wadu Mesthrige Jayantha ◽  
Olugbenga Timo Oladinrin
Keyword(s):  
Hong Kong ◽  
Real Estate ◽  
Questionnaire Survey ◽  
Structural Equation ◽  
Business Organizations ◽  
Global Business ◽  
Content Type ◽  
Office Space ◽  
Working Practices ◽  
The Impact

Purpose Many organizations in Hong Kong have witnessed a reduction in average space usage due to high occupancy costs. New working practices (NWPs) are viewed as a reform tool to manage expensive real estate around the world. However, it is unclear whether NWPs influence office space usage in business organizations in Hong Kong. This study, therefore, aims to evaluate if the average space reduction in office firms is caused by the NWPs in the finance, insurance, real estate and business (FIREB) firms. Design/methodology/approach A total of 20 NWPs were initially derived from the extant literature. A questionnaire survey was conducted with listed FIREB firms in Hong Kong to assess the impact of the identified NWPs on space usage. The data collected from the questionnaire survey were analysed using descriptive, explorative factor analysis (EFA) and partial least squares-structural equation modelling (PLS-SEM) to evaluate the effects of NWPs on average space usage. Findings Results revealed that four major NWP factors influence average space usage. Three of these factors, namely, “flexible arrangement”, “multitasking knowledge workers” and “teamwork and communication”, influence space usage positively. Even though the effect of the fourth factor “training and networking” was significant, it does not reflect a positive influence on space usage. Business organizations can focus more on the implementation of NWPs to cushion the effects of the high cost of occupancy. Originality/value The research provides new knowledge to the limited literature on the effect of NWPs in FIREB firms and enriches the growing body of international literature on how today’s competitive global business organizations should revisit their workplace strategies to accommodate the rising agile workforce and NWPs. The findings offer new insights into the ongoing debate on the impact of information and communication technology-enabled NWPs on space usage. From the real estate perspective, the findings should inform policymaking towards the better planning ahead of office properties to accommodate NWPs, helping Hong Kong to remain competitive as a key financial centre.

Sustainable impact of adaptive reuse of communist style shopping malls in Kosovo

2019 ◽  
Vol 37 (5) ◽  
pp. 662-683
Author(s):  
Visar Hoxha
Keyword(s):  
Real Estate ◽  
Collective Memory ◽  
Social Life ◽  
Adaptive Reuse ◽  
Embodied Energy ◽  
Shopping Malls ◽  
Surrounding Area ◽  
Content Type ◽  
Real Estate Developers ◽  
The Impact

Purpose The purpose of this paper is to study the sustainable impact of adaptive reuse of shopping malls built during communism in Kosovo. Design/methodology/approach The present study uses qualitative research using semi-structured interviews with architects, civil engineers, real estate developers and facility managers. Findings The study found that it is the predominant opinion of respondents that the economic impact of adaptive reuse of old shopping malls in Kosovo is reflected through extension of useful life of the malls, lower cost of reuse vs demolition, economic and tourism development of the neighborhood, job creation and increase of property prices in the surrounding area. In addition, the study found that it is the predominant opinion of respondents that by adaptive reuse of old shopping malls, the revitalization and social dynamism of the surrounding area will be improved and collective memory and identity of these shopping malls will be extended, including the increased traffic, space utilization and security. The study concludes that operational CO2 emission of the old shopping malls will be reduced after their sustainable adaptation and also the embodied energy of the building materials will be reused. Research limitations/implications The study has several implications. For real estate developers, it shows that is less costly to adapt and refurbish rather than redevelop. For authorities, it shows that by adapting old communist shopping malls, they would extend the collective memory of those locations, improve the social life and utilization of public spaces in the surrounding areas. The final implication is for municipal authorities and environmentalists that but allowing adaptation rather than demolition and redevelopment the embodied CO2 emission will be significantly reduced. Originality/value The study is the first qualitative study about the impact of adaptive reuse of old communist style commercial centers in Kosovo.

scholarly journals The Influence of Real Estate on Its Surroundings Based on the Example of the Manufaktura Complex in Lodz

2015 ◽  
Vol 22 (4) ◽  
pp. 5-16 ◽  
Author(s):  
Katarzyna Olbińska
Keyword(s):  
Real Estate ◽  
Housing Market ◽  
Case Study Research ◽  
High Specificity ◽  
Industrial Area ◽  
External Effects ◽  
The One ◽  
Post Industrial ◽  
The Impact

Abstract Real estate compared to other goods is distinguished by a high specificity. One of the signs of these specifics is the interdependence or correlation between property and its surroundings. On the one hand, the factor of closest neighborhood can largely shape the value of the property, while on the other hand, the function, use and development of real estate can strongly affect nearby property and the image of their entire neighborhood. The dynamics of the interdependence between the property and its environment reveal themselves most clearly in moments of transformation of real estate and its use. This study has a research character. The focus of this article is one of the aspects of interdependence - the impact of the property, its use and development on its closest surroundings. The aim of this article is to show the manifestations of different types of external effects generated by the property. Case study research was conducted on the housing market in Lodz for the purpose of the article. The study included the analysis of 3,444 transactions made during the period from July 2005 to December 2009 in the area of 27 precincts representing the proximal and distal environment of the Manufaktura complex. The study analyzed the impact of the transformation from a post-industrial area into a multifunctional one, with the dominant function of trade, on the prices and marketability of apartments located in the vicinity of the complex. The performed analyses have not clearly confirmed the impact of the carried out transformations on the price of housing in areas surrounding the Manufaktura complex. However, the analyses did reveal that the proximity of the multifunction complex may be one of the factors influencing the activity of the housing market in the area.

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