Search Results: Mumbai (2193)

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.

Consumer Connect Monsoon Home Buying, Property Purchase in Monsoon Season, Real Estate Trends, Home Buying Trends, Property Purchase Trends, Festive Home Buying

Why don’t Indians buy houses in monsoons?

There are multiple factors why the home sales in monsoons are subdued. One obvious reason is that the Indians traditionally don’t make any high value purchases after Akshay Tirtiya and before Ganesh Chaturthi. Since a home is the most emotional & aspirational product; is life’s biggest purchase; and is in most of the case for the lifetime; the Indians prefer to wait till the beginning of the festive season. Inauspicious period of Shraddh and Pitripaksh also falls during the monsoon season, where the traditional belief is that any new purchase will invite the curse of the ancestors.

Reports Office Building, India Office Market Report, Savills India Report, Commercial Property in India, Indian Real Estate News, Indian Realty News, Indian Property Market News

India’s office space leasing stands at 10.9 million sq feet across top 6 cities: Savills India

India’s office market space leasing moved at a measured pace as most occupiers halted their expansion plans in the wake of the unanticipated second wave of the pandemic that hit the country earlier this year.  Consequently, leasing activity across six major cities in India during the first half of 2021 dragged to a six-year low, according to the latest half-yearly report ‘India Market Watch Office’ by international real estate advisory firm Savills India.

Industry Movement Ramesh Nair, JLL India, Colliers International India, Indian Real Estate News, Indian Property Market News, Real Estate Professionals

Colliers appoints new CEO for India business

He has experience working across diverse asset classes and markets, advising leading domestic and multinational owners, investors, and occupiers. Based in Mumbai, Ramesh will partner with Sankey Prasad, Chairman & Managing Director of Colliers in India, to lead the business.

Editorial Sanya Seren, Warren Buffet, Berkshire Hathway HomeServices, Orenda India, Property Brokerage, Property Agents, IPC

Huge scope across Indian Tier-II & III cities: Sanya Aeren, Chief Advisor, Berkshire Hathway HomeServices & Orenda India

Berkshire Hathway HomeServices, the real estate brokerage arm of global investor Warren Buffet has entered into the Indian market through its tie-up with Orenda India. Sanya Aeren, its Chief Advisor-Marketing & Communication, says the global best practices of Berkshire and the huge untapped opportunities in the Indian market would position this alliance into the top league. In an Exclusive Interview with Ravi Sinha, she spells out her plans to organize the property brokerage, penetrate deep into the market and also give a new experience to the investors. Excerpts of the interview:

Reports Debt Default, Home Loan Default, Home Loan EMI, Home Loan Interest Rate, Housing Foreclosure, India Real Estate News, Indian Realty News, Indian Property News

Rising Debt to Income Ratio bothering home buyers

A record low household savings, double digit unemployment, and rising inflation, has added to the harsh reality of Indian home buyers’ high Debt to Income (DTI) ratio. The Covid induced financial hardships have indeed wreaked havoc with many of the Indian home buyers. Despite of the advantages of lower interest rates, their DTI ratio has suddenly shot up beyond what could be termed as manageable level.

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.

Consumer Connect Home Loan, Cheaper Home Loan, Home Loan Interest Rates, Lower Cost of Borrowing

Can cheaper home loans lead to more housing sale?

With home loan interest rates below 7 per cent, an impression has gained ground that this is the best time to buy a house. Track2Realty takes a closer look at the economic fundamentals that suggest the interest rates are one of the sales catalysts and there are many variables to consider. 

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.

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