Do freebies work in selling property?
Track2Realty: The type of marketing strategies that Indian developers employ to sell their products in a tough market may often seem strange to property marketers in other countries. Nevertheless
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Government may relax lending norms for cash-strapped realty sector
Track2Realty-Agencies: The Finance Ministry is considering a proposal to relax funding norms for the realty sector so that good housing projects are not starved of funds.
Report says NCR office absorption drops over last year
Track2Realty-C&W: NCR registered absorption of 1.2 msf in Q3, 2012 and which was 14% lower when compared to the previous quarter due to cautious approach by the companies. IT/ITeS and consulting firms continue to be among the largest occupiers taking up spaces in excess of 200,000 sf each across Gurgaon and Noida, says office market report from real estate consultancy Cushman & Wakefield.
Time to move from concrete jungles to green jungles
Track2Realty: In most Indian metros, people have reached a point where the word “nature” has become a distant dream which they hope to enjoy on a vacation. All they get to see are tall scrapers coupled with a massive amount of pollution. Children in these cities do not know what it means to wake up to the chirping of birds, or even the view of sunrise. Most of India experiences such encounters with nature. However, people in metro cities are missing out on this special experience.
Investing in gold more profitable than real estate: Assocham
Track2Realty-Agencies: Investments in gold have yielded higher returns compared to those in equity and real estate in India during the last three years, according to a study.
Realty takes corrective measures ahead of festive season after Track2Realty survey finds no takers for new launches
Track2Realty Impact: When Track2Realty pan-India survey said it in May this year that Indians prefer to pay more for ready-to-move property and find new launches risky, the sector was obviously not amused. CREDAI President Lalit Kumar Jain had differed with the Track2Realty survey findings in an interview with Tehelka and said that “ready-to-move-in flats comes at a premium rate and the availability of such in the country is currently just 5 per cent.”
Realty cash crunch may end soon as govt sends positive signs
Sending positive signs from easing the cash crunch for the realty sector, Secretary for Financial Services D K Mittal on Monday, Sep 17, asked the commercial banks to focus on funding partially completed projects on a priority basis and development of projects in small towns.
Asia, Latin America driving global shopping center revival
Asia and Latin America’s economic resurgences have fueled an upturn in retail activity, with increasing rents reflecting high demand for the limited amount of prime retail opportunities in both regions, according to A Global Perspective on the Shopping Center Industry, a new global retail report from Cushman & Wakefield and the International Council of Shopping Centers (ICSC).
FDI In multi-brand retail – the gateway finally opens
The recent decision by the Government to allow foreign direct investment in multi-brand retail is understandably the talk of the town. There are various points of view regarding the impact it will have on the retail sector in specific and the Indian economy in general, but the decision is a big step in the direction of strengthening organized retail in the country. To get the complete picture, it is important to understand the situation which exists currently and how the new regulations are going to change the retail landscape.
MCHI-CREDAI’s 6th India Realty Expo in London
MCHI-CREDAI’s 6th India Realty Expo will be held at The Cumberland, Great Cumberland Place, London, next to Marble Arch Station, Behind Oxford Street; 15 & 16 September, 10 am to 7 pm. The event has been planned so as to provide the NRI community in the U.K. with some of the most ‘happening’ real estate investment option across India’s Urbs Prima Indies – Mumbai City, suburbs and its peripheral areas including sister cities like Thane, Navi Mumbai, Dombivli Kalyan, Mira Virar among others – as also realty options from the neighbouring city of Pune and select properties from the land of Sun, Sand and Surf – Goa.