Track2Realty-Agencies: Developers are hopeful of clearing a large portion of their inventory pile-up during this festive season by luring in buyers with freebies and discounts, even as they sit tight on declared prices, said industry experts.
Track2Realty Exclusive: The property rates and cost of living in the metros like Delhi, Mumbai and Bangalore have been soaring drastically over the years and owing to this, these cities have reached a kind of stagnation in terms of real estate and retail growth. This scenario has shifted the focus of investors as well as the customers towards the tier II & tier III cities.
Track2Realty: Cushman & Wakefield have estimated that the share of luxury retail space in India will be a modest 1.44% by 2015 as against the current 1% even as total retail malls stock is set to increase by 27% by 2015.
Track2Realty Exclusive: Media creates perception in the collective consciousness that realty debts are a cause of concern. It is generally assumed that a debt-ridden company is not the right one to invest. However, business cycle of some of these over leveraged companies is not just better than peers, but also high in terms of brand equity. Track2Realty finds that over projected magnitude of realty debt may or may not be a reality.
Track2Realty Exclusive: For an amateur investor, the ambiguity that lies within today’s investment models can translate to a metaphorical migraine. Simply logging onto an investment portfolio website can present numerous investment options, some of which the masses aren’t even completely aware of.
Track2Realty: Top eight major cities witnessed a total mall supply of 2.94 million square feet (msf) (3 malls) during the first half of 2013 with over 64% (13 malls) of the total expected supply deferred, says a report by Cushman & Wakefield.
Track2Realty: Satya Group and Maple Group have launched fully furnished serviced apartments, “Element One” at Sector 47 and 49, Gurgaon. These contemporary designed high end serviced apartments are amongst the latest in the commercial projects trend and development, which can serve as private suites or can be utilized for office purposes.
Track2Realty Exclusive: At a time when the critics had it that successful women in realty sector are mostly the inheritors of realtors’ families, or otherwise highly skilled work force like the architects, some home makers have proved it wrong yet again. These are the home makers who have been equally successful as home agents as well.
Track2Realty Exclusive: Wave of change in Indian real estate was visible in 2007. Suddenly, it seemed like real estate would fulfill its destiny as the sunrise sector of the country. Billion dollar projections; international funding companies eyeing a piece of the Indian real estate pie; talk of international best practices in the industry; international firms in the real estate and allied industries’ space entering the Indian market; this year changed the sector in several far reaching ways.
Track2Realty Exclusive: Many such mothers as real estate professionals feel that the real estate sector with its steel, concrete, bricks and mortar requires not only aggression, power, dominance and vigour but it also involves a lot of site related work, travelling and people involved deal with the inherent malice in the industry.