Paradigm Realty & Dotom Realty launches Ariana in Borivali (East)
The project being stationed at the heart of Borivali East will be a phenomenon spot because of its close proximity to commercial destinations like Andheri, Goregaon and Malad.
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Peninsula Land’s Celestia Spaces clocks sale of INR 300 crores in 48 hours
The sales strategy was targeted at the existing home buyer leads. A soft launch of their show apartments and SOSF was announced and the buyers were invited for an experiential tour around the flat.
Realty brands’ classical mistake in talking to woman
Women today control $28 trillion in annual consumer spending, as per a study. In terms of consumer spending, women today drive almost 80% of all purchases. In terms of home buying, 74% women play the role of either contributor or influencer, as per a pan-India survey by Track2Realty, the real estate think-tank group. This includes 32% home buying by single women across the eight top cities of India.
Why developers prefer investors as project riders?
Though the law of the land does not allow this kind of opaque transactions but it is an open secret in the Indian property market today. It is often done in an IPO model when the entire city knows about it. The advantage of this IPO style pre-launch for the developers is that the price point here is higher than the price point at which they offer it to the select set of investors.
Mumbai home to richest Indians
The report says India’s financial capital Mumbai is the richest city in the country followed by Delhi and Bengaluru in the second and third place respectively. The city is home to 46,000 millionaires and 28 billionaires with a total wealth of USD 820 billion.
Is there no incentive for green buildings?
Green floor space accounts for only 3-5 per cent of all construction in India so far. In developed markets like the UK, where green building began almost two decades ago, around 40 per cent of all buildings would fall in that category. In the US, it would be around 30 per cent.
Homebuyers victims or villains?
News Point: The clause of jail term to erring homebuyers…
Gagan Randev joins Colliers International
News Point: Colliers International India has appointed Gagan Randev as…
Beware! Your property’s price appreciation may not be real
Bottom Line: The practice of under-writing has created a peculiar…
Indian investors looking at Dubai properties: PNC Menon, Chairman-Emeritus, Sobha Ltd
Interview Point: PNC Menon, Chairman-Emeritus of Sobha Ltd feels India…