Browsing: Myth & Reality

Consumer Connect Best Practices, Indian real estate news, Indian property market news, Track2Realty, Transparency in Indian real estate
Desirable best practices in Indian real estate

The Indian real estate market has always been notorious for its lack of transparency, and the changes in recent times has been less than desirable. As India aspires to get clean money into the sector, the foreign funds too have high standards in terms of service quality and clarity.

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Consumer Connect NRI, NRIs, Non Resident Indians, Indian Diaspora, NRIs investment in Indian property, NRIs investment in real estate, NRIs rules for investment, NRIs property search, India real estate news, Indian realty news, Real estate news India, Indian property market news, Realty Plus, Realty Fact, Track2Realty
NRIs demand affluent senior housing

The Indian real estate developers are going over-board in capturing the fantasy of the rich Indians who are also expat professionals. But they seem to have gone completely off target when understanding the long-term housing needs of these Non Resident Indians (NRIs).

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Consumer Connect Market Depth, Stock Market, Due Diligence in real estate, Defining demand in real estate, Research in property market, Data analytics in real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property market, Track2Realty
Why real estate companies don’t get listed?

Till a decade back such was the mad rush for raising money in the capital market that even the real estate companies with limited presence in select micro markets started launching projects across the country to showcase a pan-India presence. Significant increase in housing demand, organized retailing and liquidity boom from 2003 to 2008, led to huge increase in land prices and real estate values and most real estate companies had a great run.

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Consumer Connect Women in Indian real estate, Women professionals in Indian realty, Women giving facelift to Indian real estate, Women brand power to Indian property market, Women real estate agents, women developers in India, India real estate news, Indian property market, NRI investment, Track2Realty
Future of professionalism in Indian real estate

When the market sentiments were bullish and foreign investors were testing the Indian realty market, many of the relatively not-so-polished developers started hiring these white collared professionals to negotiate with their global counterparts in a language that they understood. Problem started when this skilled workforce started colouring the vision of the promoter and hence driving the management decisions.

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Consumer Connect RERA, Real Estate Regulatory Authority, RERA realities, RERA for homebuyers, RERA helping homebuyers, RERA changing Indian real estate, RERA compliance for real estate, India real estate news, Real estate news India, Indian property market, Track2Realty, Track2Media Research
Builders’ & buyers’ perspective differ after 1 year of RERA

RERA is one year old now and already the homebuyers are questioning the legislation, in the absence of any visible changes on the ground. The developers, on the contrary, feel RERA has already identified the challenges and hit the nail. Within the built environment the debate is inconclusive as to what extent RERA has brought in transparency and accountability and to what extent has it enhanced homebuyer confidence.

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Consumer Connect Young Professionals, Business Team, Young Entrepreneurs, Expat Professionals, India real estate news, Indian realty news, India property market, Track2Media Research, Track2Realty
Professionalism a casualty in Indian real estate

Functional Professionalism can be broadly defined as the strict adherence to courtesy, honesty, transparency and responsibility when dealing with individuals or other companies in the business environment. This trait often includes a high level of excellence going above and beyond basic requirements.

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Consumer Connect NRI, Non Resident Indian, Indian Diaspora, NRI investment in property, Property market for NRIs, India real estate news, Indian property market, Track2Realty, Track2Media, Indian Diaspora investment, NRI property management, NRI property management services, NRI due diligence
Developers failed to understand NRI buyers?

Nearly two third, as many as 64 per cent, categorically say they would wait for the market to have more clarity and transparency before making final their investment decision. The general mood among the NRIs is to play it safe now than be sorry with a wrong investment choice.

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Consumer Connect NRI, Non Resident Indians, Indian Diaspora, PIO, Persons of Indian Origin, NRI investment in India, NRI investment in real estate, NRI investment in property market, NRI investment pattern, Where are NRIs investing, India real estate news, Real estate news India, Indian realty news, Indian property market, Track2Realty, Track2Media Research
NRIs expect best practices in property market

Nearly all the developers in the Indian real estate are chasing the Non-Resident Indians (NRIs) but very few have succeeded in attracting the investment of expat Indians. Reason: They have tried to hard sell the properties without actually understanding what these fellow Indians living abroad want.

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Consumer Connect Ideal apartment resident, Ideal homebuyer, Homebuyers as villains, Homebuyers as victims, Do's & Don'ts of housing societies, Rules & Regulations of housing societies, Ideal neighbour in housing societies, good neighbour in apartment, Housing societies neighbourhood issues, Common problems in housing societies, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty
Check your own conduct as homebuyer

So, you have been blaming the builder for end-to-end problems that you have encountered before and after settling in your dream home. Cost of apartment, delay in delivery, mismatch in promises & performance, costly maintenance and poor facility management, the list goes endless. More often than not, the grievances are legitimate.

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