Search Results: Commercial Real Estate (1651)

Editorial Sanya Seren, Warren Buffet, Berkshire Hathway HomeServices, Orenda India, Property Brokerage, Property Agents, IPC

Huge scope across Indian Tier-II & III cities: Sanya Aeren, Chief Advisor, Berkshire Hathway HomeServices & Orenda India

Berkshire Hathway HomeServices, the real estate brokerage arm of global investor Warren Buffet has entered into the Indian market through its tie-up with Orenda India. Sanya Aeren, its Chief Advisor-Marketing & Communication, says the global best practices of Berkshire and the huge untapped opportunities in the Indian market would position this alliance into the top league. In an Exclusive Interview with Ravi Sinha, she spells out her plans to organize the property brokerage, penetrate deep into the market and also give a new experience to the investors. Excerpts of the interview:

Editorial Lawyer Needed, Lawyers' Role in Due Diligence, Lawyer in Property Purchase, Lawyer Needed in Home Buying, Builder Buyer Contracts, Legal Approval of Property Papers

Legal due diligence in property purchase avoids future litigation: Advocate Devesh Ratan

Devesh Ratan: A lawyer who is exclusively representing you will only look at your interest. A broker has to charge his brokerage from both the parties; he will never say this property has this deficiency, or the papers that you are signing is fixing your liability. For example, many developers put it in their Agreement Form that if they delay the project they will only pay INR 5 but if the buyer delays the payment he has to pay at the rate of 10-15. Only a lawyer can tell you this kind of liability is wrong and it should be negotiated upon.

Reports Debt Default, Home Loan Default, Home Loan EMI, Home Loan Interest Rate, Housing Foreclosure, India Real Estate News, Indian Realty News, Indian Property News

Rising Debt to Income Ratio bothering home buyers

A record low household savings, double digit unemployment, and rising inflation, has added to the harsh reality of Indian home buyers’ high Debt to Income (DTI) ratio. The Covid induced financial hardships have indeed wreaked havoc with many of the Indian home buyers. Despite of the advantages of lower interest rates, their DTI ratio has suddenly shot up beyond what could be termed as manageable level.

Reports Real Estate Investment, Property Investment, Real Estate Sentiment Index, Home Buyers' Sentiments, Track2Realty Survey, Real Estate ROI, Property ROI

Property 3rd option for Indians; consumer satisfaction pretty low

Until the lion learns how to write, every story will glorify the hunter, says an African Proverb. Research report by various industry stakeholders try best to paint a rosy picture; force feed the collective consciousness that the real estate market is on its way to historic high in the year 2021. But the mood of the nation is juxtaposed to the orchestrated euphoria and Track2Realty Investment survey finds that the real estate has slipped as the 3rd choice for a vast majority of the Indians, with C-SAT Score (Consumer Satisfaction Score) all time low.

Finance Home Buying, Client Conversion in Housing, Footfall in Housing, Home Buying in India, Amit Modi, JC Sharma, Subhankar Mitra

Client conversion rate of builders improved post Covid

While the pandemic Covid-19 had hovered like a black swan for the economy in general and the real estate market in particular, the developers across the country also woke up to the unexpected but pleasant reality that the client conversion rate had improved post the pandemic. A Track2Realty analysis.

Consumer Connect Distress Property Deals, Distress Properties, JV & JD Post Covid, Distress Property Sale

Home buyers’ options when a distressed property gets new builder

Today, there are lots of distressed properties in the market where merger and/or takeovers are happening. While it makes sound business sense for both the builders of stressed assets as well as the one having capital to invest, the home buyers with little elbow room to negotiate are often at the receiving end of such market transactions that look promising as an outside view. Ravi Sinha explores the legal options for the home buyers.

Consumer Connect Home Loan, Cheaper Home Loan, Home Loan Interest Rates, Lower Cost of Borrowing

Can cheaper home loans lead to more housing sale?

With home loan interest rates below 7 per cent, an impression has gained ground that this is the best time to buy a house. Track2Realty takes a closer look at the economic fundamentals that suggest the interest rates are one of the sales catalysts and there are many variables to consider. 

Editorial Advocate Nirmit Srivastav, Lucknow High Court, Unfair Contract, Consumer Court, Builder Buyer Disputes

Unfair Contract is a disease: Advocate Nirmit Srivastav

In India, the moment you buy a house the joke is on you – whether you get the possession of the house, or that possession is delayed or even denied. The buyers’ harassment starts with the Builder Buyer Agreement which in most of the cases is a one-sided document. The buyers mostly have no other choice but to sign on the dotted lines, because by the time the Builder Buyer Agreement is thrown at their face they have already paid the initial booking amount.

Column Dinesh Semwal, Ensaviour Technologies

A healthy indoor climate & remote operation for efficient facility management

Worsening the situation at a frightful angle is the global pandemic attack, which led governments to struggle with the new lockdown measures and brought big shifts in the stock markets. Its aftermath will be one of the biggest business challenges of our time – “will employees re-enter the office space?” Workers are concerned about the disinfection strategies being used by commercial complexes.

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