Search Results: Mumbai real estate (2186)

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

Consumer Connect

It may not be crashlanding but all’s not well for Indian real estate in 2024

At the beginning of 2024, as the Indian real estate stakeholders (self-styled industry experts within the realty media landscape) are yet again influence peddling their bullish narrative, the reality check by Track2Realty clearly finds that the sales growth post-Covid has neither been broad based nor democratic. Real estate is yet again emerging as a parking lot of big money post the pandemic, as visible with the off-take of luxury & super luxury despite the stagnant job growth and wage growth.

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.

Reports Women Realtors, Women in Real Estate, Women & Real Estate, Women & Property Market, Women Property Agents, Women Property Brokers, Women Property Trends, Women Property Survey

Issues beyond perception behind gender inequality in real estate

Gender equality, or rather lack of it, in the business of real estate is a reality that no one would deny. Real estate by all means is a man’s world in this part of the world. Barring a few exceptions, where the wives or daughters of the developer have been given spotlight, a typical real estate enterprise doesn’t have a sizeable presence of women workforce. A Track2Realty Pan-India Survey.

Policy Union Budget 2022-23, Budget & Real Estate, Budget & Property Market, Budget & Housing, Budget & Home Buyers, Finance Minister, Nirmala Sitharaman

Union Budget 2022-23: Unanswered questions for real estate

The Union Budget 2022-23 lacked any fresh ideas as far as the real estate in general and the housing market in particular is concerned. Most of the announcements are more or less the extension of the old schemes and roadmaps. The euphoria of the industry stakeholders ahead of the budget turned into a deafening silence in the next few hours of budget speech.

Advocacy Union Budget 2022-23, Budget & Real Estate, Budget & Property Market, Budget & Home Buyers, Budget Wish List, Finance Minister, Nirmala Sitharaman

Union Budget 2022 lacked fresh ideas; “U Turn” by realty players

Tracking the sentiment is not that easy in the business of Indian real estate. There is no ideal predictive model that could assess the sentiments of both the developers as well as the buyers. The leading voices of the sector has never been very consistent with their budget wish list and the post budget customary note. The most important stakeholders, the home buyers, are more often than not completely ignored when it comes to sentiment assessment post the Union Budget.

Headlines Real Estate in 2021, Real Estate in Tier II & III Cities, Property Market in Covid Times, Price Crash After Covid, Work From Home, Holiday Homes After Corona

Will Covid-hit 2021 lead real estate into Tier II cities?

The cost of doing business per square feet has always been challenging in the top 10 cities of India. The ever increasing migration for jobs in these cities have made the housing affordability even bigger challenge. Critics are not cynical when they question as to what extent and till when these cities will continue to be filled up like a soda bottle. Aren’t our metro cities on the verge of a population blast? Come 2021 and Track2Realty analysis believes the infamous Coronavirus in a strange way has shown the way forward.

Commercial Logistics, Warehousing, Logistics Demand in India, Warehousing Demand in India, Logistics Supply in India, Warehousing Supply in India, Logistics Real Estate

Can logistics & warehousing be the turnaround catalyst of Indian real estate?

Much before the outbreak of pandemic Coronavirus, the Indian real estate sector battling with the consistent slowdown was looking up to the turnaround catalyst. While the success of REIT had given it a glimmer of hope, the fund managers had their eyes set on a segment that has the potential to not just spread across the country but give a piggy ride to other segments as well, most notably to the housing. Track2Realty finds the warehousing & logistics to emerge as the mainstream real estate in the last few years.

Reports Distress Property Sales, Secondary Property Market, Resale Property Market, Property Price Depreciation, Demand Supply of Real Estate, Real Estate Price Correction, Real Estate Crash

Distress sale a reality in Indian housing market

The real estate developers across the country might be living in denial but the distress sale is a predominant reality in the Indian housing market. More and more Indian home buyers are actually getting better deals in the resale market. This is leading to a stressful situation for the developers reeling with the inventory overhang and yet not ready to cut down the prices.

Finance Real Estate Reforms, Real Estate Policies, Real Estate Budget Wish List

Urgent & definitive reforms needed for real estate

In his budget wish list, Amit Modi, Director, ABA Corp & President (Elect), CREDAI Western UP, points out that the real estate sector in India has been through one of the most difficult periods last year due the pandemic effected slowdown in the economy. While there was an upward trajectory in the last quarter of year 2020, due to correction in prices, availability of affordable home loans and the general realization towards the importance of having an adequate shelter during the pandemic, but to seriously start the process of sector revival, there is an urgent and definitive need for reforms from the forthcoming Budget.

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