Search Results: ICT (1065)

Brand Rating Track2Realty BrandXReport 2022-23

Prestige emerges as new National Brand Leader

Prestige Group has emerged as the new Brand Leader of Indian real estate. The brand had continuously been closer to the Leadership and among the Top 3 National Brands. Brigade Group makes a giant leap and jumps from Number 5 to now the 2nd Best Brand of the business. DLF is continuously scaling up and now rests as 3rd Best Brand at the National level. Godrej Properties is losing its sheen as a Valuable Brand and slips down to Number 5 from Number 2 this fiscal year. Puravankara is also proving to be the Dark Horse of the National Brand Leadership and emerges from Number 7 to now at Number 5.

Editorial Tushar Shrivastav, Property Pistol, Blockchain Interview, Metaverse, Proptech

Complicated data to turn compact & easily accessible with Blockchain: Tushar Shrivastava

With the Maharashtra Government indicating to introduce Blockchain in property transactions, this new technology is in the spotlight. There are more questions in the public domain than answers as subject matter experts are few. In an exclusive interview with Ravi Sinha, Tushar Shrivastava, Co-founder & CTO, PropertyPistol.com decodes how Blockchain is the future of real estate transactions.

Finance Union Budget 2022-23, Union Budget, Budget Wish List, Real Estate Budget Wish List, Budget & Real Estate, Aditya Kushwaha, Axis Ecorp, Pradeep Agrawal, Signature Global, Amit Goenka, Nisus Finance

Sector parroting old demands; Union Budget expected to make political statement

The Union Budget this time would be the last full budget ahead of the General Elections due next year. The real estate sector is yet again parroting the old demands, with the only difference being that the concerns of the home buyers too finds a place in their wish list. The developers have come to realise that the home buyers can no longer be ignored as they are the most necessary in the real estate business cycle.

Reports Greenfield Projects, Whitefield Projects, Construction Cost, Project Cost Escalation

Greenfield construction cost rises 5-7%, labour cost up by 8-10% Y-o-Y in Q3 2022

The outlook for construction costs remains stable but cautious, as market volatility is likely to persist in 2023 along with monetary tightening, continued high inflation, a possibility of a recession in developed economies and geopolitical turmoil-related challenges going forward. Therefore, CBRE forecasts a marginal rise in the overall construction costs during 2023 across cities, with Mumbai likely to witness a sharper rise. 

Headlines NCLT, National Company Law Tribunal, Ansal API, Litigation, NCLAT

Ansal Properties & Infra goes into insolvency by NCLT

The National Company Law Tribunal (NCLT) has agreed to initiate insolvency proceedings against real estate developer Ansal Properties & Infrastructures (Ansal API).  The petition for the same was filed by 126 flat buyers of one of the company’s housing projects called “The Fernhill”.

Consumer Connect Blockchain, Real Estate Blockchain, Property Blockchain, Digital Property Registration, Real Estate Technology, Blockchain Property Data

Is blockchain the future of real estate transactions?

Maharashtra has started property e-registrations and the State is reportedly all set to also introduce blockchain. What is Blockchain? It is a technology by which users can keep a historic ledger of every transaction that has happened in the past for any asset be it a crypto currency or a piece of real estate like land or building. Track2realty analyses whether blockchain would be the future of real estate transactions.

Editorial PNC Menon, Sobha Limited, Sobha Dubai, Dubai Real Estate, Best brands. Real Estate Brands, Legends of Real Estate, Real Estate Veterans

Quality & legal compliances key for global brand success: PNC Menon

While other developers aspiring to go global are tying up with international brands, PNC Menon, founder and Chairman Emeritus of Sobha Group believes in organic growth of the brand. In an exclusive interview with Ravi Sinha at his Dubai office, he explains how Sobha has the inherent resilience to succeed anywhere in the global market. Focus on quality & don’t break the law is his mantra of global brand leadership. 

Consumer Connect Home Buyers Trapped, Supertech, Supertech Twin Towers, Supertech Demolition, RK Arora, Mohit Arora, Noida Real Estate Market, Indian Property Market, India Real Estate News

Supertech or no Supertech – housing market a systematic trap for buyers

News reports of real estate nowadays is making me religious. The reports about Supertech Twin Tower demolition is giving me “SPIRITUAL” feeling. If these media reports are to be believed, henceforth all the government officials will be careful in sanctioning the building plans, builders will be fearful with the law and the judiciary will be trusted as more pro-active than reactive. Isn’t it a proverbial “Ram Rajya” for the home buyers?

Commercial Demand Drivers of Commercial Real Estate, Commercial Real Estate, Commercial Property Market, Retail Spaces, Office Spaces, Commercial Property Investments

Emerging demand drivers of commercial real estate

Real estate in general and its future growth in particular is defined by its demand drivers. It is relatively easier to forecast the demand drivers in the residential sector. Reason being that the economic activities indicate the migration of the workforce and hence inherent need for housing. However, to forecast the emerging economic activity, both sector wise and region wise, is more often than not guesstimate, finds Track2Realty.

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