Search Results: LIC housing (972)

Finance Union Budget 2023-24, Finance Minister, Nirmala Sitharaman, Budget & Real Estate, Budget for Home Buyers, Budget Wish List

Union Budget 2023-24 disappoints real estate

The Union Budget 2023-24 has offered more intangible benefits than tangible gains for the real estate sector. It is hence no surprise that while the average home buyers got busy in their tax calculations immediately after the Finance Minister’s budget speech, the industry stakeholders have by and large given a thumbs up to the budget. A Track2Realty report.

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. 

Company News NCLT, NCLAT, BPTP, RBCL, Real Estate Disputes, Real Estate Insolvency

NCLAT stays insolvency proceedings against BPTP

The National Company Law Appellate Tribunal (NCLAT) has set aside the order of National Company Law Tribunal (NCLT) that had directed to initiate insolvency proceedings against BPTP Ltd. The realty firm has now settled disputes with the operational creditor.

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 Festive Discounts

Is real estate growing beyond tried & tested festive discounts?

The Indian real estate has been known to dole out discounts & freebies every festive season to reap the auspicious spirit. It worked well for the sector for quite some time as the Indians are traditionally known to buy property during the festivals. However, the slowdown in the last five years made the marketing strategists look for alternative ways & means to bring the buyers back to the property market during the festive season. Track2Realty analyses the market trend.

Headlines Adani Realty, DB Realty, Sobha Limited, Godrej Properties, Real Estate mergers, Real Estate Acquisitions, Adani Realty Buys DB Realty

Will Adani Realty carry the baggage of tainted DB Realty?

The reports of Adani Realty merger with DB Realty has taken market analysts by surprise. According to the sources close to the developments, this is Adani’s bid to get into listed realty companies’ portfolio. However, the larger question that only Adani Realty can answer is that to what extent would the giant carry over the baggage of the tainted DB Realty. The memories of Godrej Properties announcement to join hands and getting market backlash of shareholders are still fresh in public memory. A Track2Realty analysis.

Headlines China Real Estate, China Property Market, China Property Crisis, Mortgage Ban, Mortgage Boycott, Housing EMI

Does China’s ‘Mortgage Boycott’ have any lessons for India?

Buy a house with mortgage and then get so frustrated with the delays that you just stop paying the EMIs. This sounds funny, illegal and outrageous, but has already started trending in the world’s largest property market of China. The global property markets in general and susceptible markets like India in particular are watching the developments in the neighbourhood with a hope & prayer that such unpleasant events should not confront them. A Track2Realty analysis.

Reports Mental Stress of Home Buyers, Home Buyers' Mental Stress, Mental Health of Home Buyers, Mental Health in Real Estate, Mental Health in Property Market

Home buying adds up to mental health issues of Indians

Home buying is more often than not linked to the financial health of the home buyers. However, mental health is as important as the financial health and the Indian housing market seems to rob the buyers the much needed peace and happiness that comes with an asset class like the home. The stress and anxiety is not limited to finding the right home, rather the real mental stress begins once one has bought the dream house. A Track2Realty pan-India survey.

Brand Rating CREDAI Image Management, CREDAI, CREDAI NCR, CREDAI Western UP, Amit Modi, Nikhil Hawelia, Real Estate Reputation, Real Estate Perception, Builders' Perception, Builders' Reputation, Track2Realty Newsletter

CREDAI image makeover a self-congratulatory odyssey

CREDAI as a real estate industry body fails miserably time & again to gain public & policy level acceptance. Reason: Shady builders have more often than not been operating as the elected office bearers of CREDAI. The situation is all the more grave with CREDAI NCR team that believes in convince, confuse or corrupt philosophy of public, policy & media engagement. In his diary of a real estate journalist, Ravi Sinha highlights how focus on projection than perception change at the ground has been the nemesis of CREDAI in general and CREDAI NCR in particular. 

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