Supertech 1st developer to face its Victims’ Forum
News Point: In an unprecedented move, Outlook for Social Change…
Search Results: developer (2400)
NB Group and BridgeStreet Global Hospitality partners with three developers
News Point: Global hospitality major enters Indian market for serviced…
Triple intervention helps homebuyers; hurts developers
News Point: Consumer activism, media trial & judicial intervention come…
Developers missed writing on the wall in 2015
The year 2015 should have been the year of realization that the days of creating ghost cities with inventory for investors is over. The greedy investor is no more interested in blocking his money with a business where the returns in any of India’s major housing market is not more than six per cent today.
11 developers join hands to promote Sohna
Eleven real estate developers have come together to promote the…
Parsvnath Developers launches Parsvnath Akanksha
Parsvnath Developers has launches Parsvnath Aakanksha, a 2 & 3 BHK Floors in a fully functional, integrated township ‘Parsvnath City, Jodhpur’. Situated in the township Parsvnath City, spread over 120 acres, Parsvnath Akanksha offers low rise floors at an affordable price ranging from the down payment cost of Rs 16.19 lacs to the upper range of 3 bed room down payment cost of Rs 24.75 lacs.
NCR property buyers held to ransom by apathy from developers & authorities
A National Green Tribunal (NGT) order in 2013 and yet another recent one have collectively had a greater negative impact on home buyers in the National Capital Region (NCR) than on the developer community. While home buyers were caught unawares and continue to remain jittery with the resultant delay in possessing their dream homes, these two NGT orders reveal the apathy authorities and developers have towards buyers.
Developer’s credibility matters in uncertain times
Track2Realty: We are currently witnessing a market scenario wherein inflation and interest rates will taper down even as the GDP growth rate picks up, and selective asset classes are becoming increasingly attractive for investment. International market dynamics suggests that gold and crude oil will continue to weaken, and commodities as an overall asset class will continue to display weakness because of easing inflation.
Beware of fly-by-night real estate developers
Track2Realty: The daily papers are replete with complaints by buyers who had been led astray or otherwise victimized by fly-by-night developers who specialize in launching small one-off projects and then wash their hands off the project. In a market environment where the exists a high degree of customer awareness with regards to most products, how can this continue to happen?
New marketing avenues for real estate developers: Reducing inventory, building a brand—I
Track2Realty: Even as the Indian real estate market shifts into the second gear of recovery, developers whose operations had slowed down during the lull are still faced with multiple concerns. On the one hand, the very basis of their business is the launching of new projects (the only function that really defines a developer’s viability as a going concern on the real estate market). On the other hand, it is vital for them to clear piled-up inventory in order to generate capital and enable clearances for new projects.