Search Results: LIC housing (975)

Reports Force Majeure

Home buyers demand Force Majeure in accordance with law of natural justice

The good news is that the Indian home buyers do understand that the lockdown post the Coronavirus was neither in the hands of the builders nor could have been anticipated. They hence don’t object to the period of six months being declared to be Force Majeure. The bad news is that the home buyers across the country feel the government’s declaration of Force Majeure is not in accordance with the law of natural justice. Track2Realty Online Poll finds that the home buyers are demanding equal leeway in the housing market.

Column Swapna More, Kagaay

Prop-tech scenario post covid as compared to pre- Covid

For generations, real estate leaders were cautious in changing their business models. But in recent years there has been a significant change. So far the numbers have been on the lower side, but Covid 19, has initiated companies to adopt digital solutions at an unprecedented pace. According to a survey, digitisation is taking precedence across the sector and more than 90 percent of the occupiers and developers are aiming to bring a technological shift in their business operations within the next five years.

Brand Rating Track2Realty BrandXReport 2019-20, Best Brand of Indian Real Estate, Indian Real Estate Brand Rating, Top Brands in Property Market, Godrej Properties, Sobha Limited

Godrej Properties the new brand leader of Indian real estate

It is not just the fiscal performance or the stock market resilience that have elevated Godrej Properties to the coveted brand leadership across India. The performance has been remarkable and ever improving on various scale leading to better consumer experience and consumer connect. In a gloomy market of uncertainty, Godrej Properties looks most promising to meet the delivery commitments as well. Last, but not the least, while most of the corporate entities found it altogether challenging turf in the business of real estate, Godrej appears to be a natural real estate brand beyond its market presence in other businesses.  

Policy Contract

Coronavirus declared Force Majeure; builder & buyer concerns juxtaposed

The real estate developers had a sigh of relief when the Government of India heeded to their demands for declaring Coronavirus hit construction under Force Majeure. The Union Finance Minister Nirmala Sitharaman assured the sector to issue an advisory to States and Union Territories and their regulatory authorities to extend the registration and completion date Suo-Moto by six months for all registered projects expiring on or after March 25, 2020 without individual applications.

Brand Rating Home Buyers Protest

Hawelia imposes high CAM during lockdown at Valenova Park; residents protest

The buyers of Valenova Park have questioned that at a time when the District Administration of Gautam Buddh Nagar has warned the maintenance of Eros Sampoornam to stop hiking maintenance charges during the lockdown  or else face arrest, how come Hawelia is hell-bent to charge maintenance without giving them any facilities, other than water and limited electricity with diktat to use it economically.

Beyond Headlines Sobha Logo. Sobha Ltd, Bangalore real estate, India real estate news, Indian property market, Track2Realty

SOBHA featured as one of the 500 high-growth companies in APAC region

Catering to India’s housing demand, SOBHA is the only Indian real estate company to make it to this prestigious list of growth drivers for the APAC region among other construction companies listed. The evaluation was based on companies having: revenue of at least $100,000 generated in 2015; revenue of at least $1m generated in 2018; being independent; headquartered in one of 11 territories in Asia-Pacific (Japan, South Korea, India, Australia, Hong Kong, Taiwan, Singapore, New Zealand, Malaysia, Indonesia and the Philippines) and whose revenue growth between 2015 and 2018 was primarily organic.

Column Advocate Aditya Pratap, Bombay High Court, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in real estate, Realty Plus, Track2Realty, Realty Fact, Litigations in real estate, Land titles in real estate, Dgitisation in real estate, Consumer complaints in real estate

Compliances for real estate PE under section 42 of The Companies Act, 2013

Private Equity funds, domestic and multi-national, have become major players in the Indian real estate market, investing tens of thousands of crores. While Blackstone and Brookfield have hitherto been largest foreign investors in Indian real estate, a gamut of Japanese Private Equity giants are also making waves. Heavyweight Japanese Corporations such as Mitsui Fudson, Mitsubishi Corporation, Sumitomo Corporation and Genkai Capital too have made big-ticket investments in Indian metro cities.

Headlines Coronavirus, Covid19, Corona Impact on Real Estate, Property Slump with Corona, Corona Force Majeure

Will Corona lead to Force Majeure in real estate?

The habitual project delaying and absurd justifications of the builders in calling everything as Force Majeure has got another alibi – Corona. It has sparked a fresh debate within the built environment of the Indian real estate as to whether the Corona pandemic could be treated as Force Majeure in the sector. 

Reports Logistics, Logistics in India, Logistics Report Card, CBRE Report on Logistics

Logistics leasing at an all-time high of 33 million sq feet in 2019: CBRE

I&L space take-up in 2019 was dominated by small-sized transactions (less than 50,000 sq. ft.), which held a share of about 42%. The share of medium-sized transactions (ranging between 50,000 sq. ft. and 1,00,000 sq. ft.) rose from 26% in 2018 to 30% in 2019. Large-sized deals (greater than 1,00,000 sq. ft.) accounted for 28% of the leasing activity during 2019. The number of large-sized deal closures in Hyderabad, in particular, doubled in 2019 as compared to 2018.

Brand Rating Track2Realty Global Buyer Report 2020, Property Choice of HNIs and NRIs, India's Top Real Estate Brands

Sobha & Godrej top choices of HNIs & NRIs, finds Track2Realty Global Buyer Report 2020

A large share of global buyers (NRIs & HNIs) don’t wish to invest in the Indian property market. 78% of them have their own reasons to look towards overseas property market. The recent banking woes have further dented their confidence to invest in India. They also feel that the property prices in India are way too higher, compared to the overall value proposition on offer.

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