ATS ventures into affordable & mid-income housing with HomeKraft
While, ATS has focused primarily on boutique and premium housing, HomeKraft would exclusively cater to the housing needs of affordable and mid income housing groups.
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When father & son share the same business philosophy
Market dynamics are changing and we are aware that urban population is rising, more so in India. There is massive shortfall in infrastructure and urban housing. Due to climatic change and rising environmental concerns, more resilient buildings which are environment friendly will be required. There is also a perceptible change in the way people live, work and play. People are living longer; households are getting smaller; there is increased mobility; and of course technology is transforming the way people think demand the kind of homes they want and carry on with their lifestyle. Keeping all these in mind, we have taken new initiatives at Sobha to stay ahead of the curve.
Is Kolkata new destination of luxury property?
Does it any way suggest that Kolkata has come up to luxury landscape and ultra luxury property pyramid due to lower ticket size. Conservative industry estimate, on the contrary, suggests that the city has been witness to 20% rise in sale of luxury properties amidst the overall slowdown.
A confusing year ahead in 2018
What would hurt both the buyers as well as the builders is the fact that the property buying and selling would continue to be at standstill. The job market is not picking in any given industry and it would hurt the overall business.
2017 year of consolidation; exciting year ahead: Bijay Agarwal
One of the most significant trends the Indian real estate sector saw in 2017, was the infrastructure status given to affordable housing. The government’s vision of achieving Housing for All by 2022 appears a lot more achievable, with steps taken like effectively revising the qualifying criteria.
Homebuyers not to gain with PMAY increasing carpet area
With the Government of India approving an increase in the carpet area of houses for the two middle-income group categories, under the Pradhan Mantri Awas Yojana – Urban, the industry stakeholders are getting euphoric as if this is the panacea for the ills that the afflicted the business.
Colliers International advisors to Skylark Mansions to raise INR105 Crores from Xander Finance
Colliers International was brought on board as the solution provider to raise INR105 crores in structured debt from an NBFC- Xander Finance Pvt Ltd, mainly to give an exit to the current investor- Motilal Oswal Real Estate in project Skylark Dasos on Hennur road.
Amnesty to builders at what cost & for whose benefit
Contrary to the general perception that the eco system is getting tougher for the builders due to home buyers’ activism, vigilante media and judicial intervention, the facts suggest that the developers have been given too long ropes to cross the bridge over the buyers’ interests. As a matter of fact, there are many instances of amnesty to the developers in the last few years.
Check before buying property in secondary market
Secondary market attracts a significant number of transactions and as per a rough estimate nearly two third home buyers get an apartment in the secondary market.
Measures to make REIT a game changer
How relevant is the introduction of REITs when it comes to providing a new opportunity to get funds for the Indian real estate industry? Consider first, that India’s real estate has struggled to reduce debt, given that interest rates are among the highest in Asia. And, also consider that REITs will provide investors an opportunity to buy into India’s real estate market – these two aspects are just the basics.