Browsing: Consumer Connect

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 Homebuyers, Happy Homebuyers, Buyers as brand ambassadors, Happy home owners, NRIs, Family in new house, India real estate news, Indian property market, Best news magazine on real estate
Need of market research for homebuyers

The Google search of Ratan Pandit, a prospective homebuyer, for Noida Extension market completely confused him. With various conflicting reports where one of the property consultancy firms endorsing the market as future investment magnet and the other one advising to stay away due to over-supply in this market, this homebuyer could not reach to any conclusion. Even various property listing sites were of not much use in terms of the understanding of the given market.

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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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Consumer Connect Best practices, Best practices in Indian real estate, Professional practices in Indian real estate, Cheating in real estate, Builders cheating buyers, Consumer complaints in Indian real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty, Track2Media Research
Relationship management lacking in Indian realty

Investing in relationship management to earn the trust & goodwill of the homebuyers is something that the Indian real estate has not adopted as an industry practice. CRM or Customer Relationship Management is something that every developer today boasts of, but this relationship hardly goes beyond attending phone calls of aggrieved buyers and online registration of grievances.

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Consumer Connect Noida Sector 137 Protest, Protest by Noida Sector 137 residents, Dump yard in Noida Sector 137, NGT, National Green Tribunal, Homebuyers' protest in Noida Sector 137, Dump yard in Noida Sector 137, India real estate news, Indian property market news, Real estate news India, Track2Media Research, Track2Realty
Should you trust homebuyers’ associations?

The real estate markets across the major cities is today witness to a new spate of consumer activism which is more political in its functioning than consumer centric. Worse even, many of them even operate as the de facto consumer courts in advising others in how they should take on the builders.

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Consumer Connect Market intelligence, Real estate market intelligence, Real estate due diligence, Research in Indian real estate, Data analysis in property market, Information gap in real estate, Market survey in real estate, Market analysis of Indian real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty
Market intelligence lacking in Indian real estate

Some call it market intelligence and not due diligence where the focus should be more on the micro markets than general trends which could be misleading. However, there are many grey areas where in the absence of proper research and reliable data even the assessment of ground realities is not feasible.

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Consumer Connect Communication, Dialogue, Builder Buyer interaction, Builder buyer conflict, Non communicative builders, Monologue of builders, Builders avoiding buyers, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in real estate, Track2Realty
Builders need to learn dialogue with buyers

The real estate sector is in dire need to communicate an connect with the stakeholders and society at large. In the name of communication all that they do is to hire a PR (Public Relations) agency for the purpose of brand building but do not understand what is communication in the right context.

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Consumer Connect - india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Delhi NCR real estate, Mumbai Real Estate, Bangalore Real Estate, Pune Real Estate news,Track2Media, Track2Realty, ravi sinha
Property demand assessment faulty

Beyond the economic rationale, the developers assert that they are doing their homework properly. One of the largest developers claims it has its own empanelled brokers to give constant feedback on the market before the launch of any new project. They supplement it with a proper in-house research of the market, the catchment area, competition and other market forces.

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