Track2Realty Exclusive: Real estate markets across the country have the uniform pattern of being speculative if the given market is high on the wish list of investors. On the contrary, end-user driven markets are always modest in appreciation but nevertheless carry genuine appreciation and provide a level playing field to all the stake holders, including the buyers.
Browsing: Residential
Track2Realty: An increase in the number of enquiries for residential properties has been seen across the major cities. However, transaction volumes have not improved much. Restricted sales transactions were observed in major cities like Mumbai, Delhi, Gurgaon and NOIDA during 1Q 2014, as per a report by Colliers International.
Track2Realty Exclusive: Every project is launched with the presumption of existing demand in the given catchment area. If that be the reason the sector should not have been sitting over a record inventory. Track2Realty tries to explore what defines demand and how the flawed concept of demand leads to demand-supply mismatch. It is a grey zone for the real estate which hits where it hurts the most to the developers, yet most of them try to justify launches and shrug off the subject.
Track2Realty-Agencies: Brys Group has given a Rs 330-crore contract to UAE-based Arabian Construction Company for the development of 81-storey tower in Noida.
Track2Realty Exclusive: Property markets are often referred with reference to their key demand drivers. Every city has a key demand driver as far as the growth of the property market is concerned. Some have it by home grown end-user demand; others have it with investors finding it magnet for future while many have expat community driving the property market due to increased urbanisation and the professional opportunities.
Track2Realty Exclusive: To say that the property market of Mumbai has been subdued for quite some time would be stating the obvious. Reports of inventory pile up and appreciation despite slow sales have only made the sentiments bearish. The macro-economic outlook in the last over a year has also not supported the cause of real estate market in the city. Amidst this gloomy scenario, comes the festival of Akshay Tirtiya which has traditionally been known for property acquisition in the city.
Track2Realty Exclusive: Is there any co-relation between luxury properties, High Net Worth Individuals (HNIs) and Akshay Tirtiya? Prime facie, it may seem to be very innocuous question but for those who are tracking the property market of Mumbai find not only a co-relation among the three, but also find the three working in tandem can ignite the property market as well.
Track2Realty Exclusive: If you ever thought religious sentiments only affect the home buyers in affordable category, then probably you have neither been exposed to the India’s costliest property market trends in South Mumbai, nor have you monitored the transactions in this region during Akshay Tirtiya.
Track2Realty Exclusive: Akshay Tirtiya holds special significance in Gujarat both for the traditional Gujaratis as well as the youngsters with the modern outlook to the culture and traditions. This festival is seen as the right time to acquire assets and traditionally the business of gold touches a new high on the day of Akshay Tirtiya.
Track2Realty Exclusive: Property markets across the country have shoot up in capital and rental values in tandem with the infrastructure development. Infrastructure development and better connectivity are two key elements behind property prices going up. Navi Mumbai, however, presents a different picture with arguably the best infrastructure development and connectivity in Mumbai.