Market report has it that commercial realty is continuously going into red. A Report by the Royal Institution of Chartered Surveyors (RICS) suggests Indian commercial property market has lost momentum in Q3 with the capital values turning negative for the first time since 2009.
East India, which has been for some time on the radar of national and international retailers, has, of late, seen some hyper activity in planning and developing quality retail space by real estate developers.
SRS Value Bazaar, a multi-brand retail store chain which is a part of SRS Limited, has opened its first outlet in Faridabad at Crown Plaza Mall.
As the real estate sector in the country stands at a critical juncture, the performance of this sector will be largely governed by the following drivers.
John Macomber, Senior Lecturer in real estate, Harvard Business School, says, “I am wary of market timing by residential investors. If you need a home and can afford it, buy a home and hold it.”
One of the biggest problems afflicting the sector is its high level of debt. The debt load of 11 listed real estate companies stands at Rs.38,500 crore.
In the absence of any serious academic research, the sector in terms of brand presence & cutting edge competitiveness has been lacking, to say the least.
Anything said on the contribution of K P Singh to the evolution of Indian real estate would be stating the obvious.
Though a depreciating rupee has its fall out on all other economic activity, it is rather helping the Indian property market.
Investors Clinic Infratech, the real estate marketing and brokerage firm operating under the brand name of ‘Investors Clinic’, has set up its first international operations in Dubai.