Track2Realty: With the liberalisation of the FDI policy, evolving consumer preferences and entry of global retail brands in India, mall developers are busy adapting their retail developments to the changing requirements and trends. Indeed, one of the most imperative transformations is the increasing focus on planning and optimisation of retail spaces so as to extract their highest potential.
Track2Realty: The home buyers expect real estate prices to rise over the next six month, says the Housing Sentiment Index (IIMB-MB-HSI) by IIM Bangalore and Magicbricks. It forecasts the trend across 9 of the 10 cities surveyed.
Track2Realty Exclusive: Irregularities exist in the real estate sector and add to the common perception of the sector being opaque. For example, in the primary market, builder-buyer agreements are often one-sided that favour the development firm.
Track2Realty: The overall mall vacancy levels across the top eight India cities remained stagnant at 14.47% in Q2 2014, which was recorded around 0.4 percentage points lower compared to Q1 2014. Amongst the top eight cities, Pune witnessed sharpest decline of 2.5 percentage points due to healthy leasing activity and no new mall supply. These are the findings of Cushman & Wakefield latest report.
Track2Realty: When the point finally comes where you are ready to invest in your own flat, there are many considerations that are likely to confuse you. However, the most confusion that Indian middle-class homebuyers usually face is whether to a smaller or a larger flat. One of the biggest contributors to the confusion is that home purchase is rarely, if ever, done without consulting others.
Track2Realty Exclusive: Branding is about building strong relationship between an organization and its stakeholders, which are generally its customers. It involves establishing strong trust, connection and affinity with the general public.
Track2Realty: Poddar Developers Ltd has released outstanding Unaudited Financial Results for the Quarter ended June 30, 2014. Net profit of Poddar Developers rose to Rs 10.20 crore in the quarter ended June 2014 as against Rs 2.94 crore during the previous quarter ended June 2013.
Track2Realty-Agencies: The Securities and Exchange Board of India on Sunday, Aug 10, approved final guidelines for setting up of investment trusts for these sectors. This will enable Real Estate Investment Trust (REIT) and Infrastructure Investment Trusts (InvIT) to list on stock exchanges like shares and mutual fund units.
Track2Realty Exclusive: The Indian real estate sector, often perceived as a sector with problems, is currently witnessing some sort of transformation. While the sector is now witnessing policy reforms, though at a slow pace, it is also witnessing increased professionalism in the way businesses are done in the country.
Track2Realty: Buyers remained cautious but searched well for aspirational homes. Developers remained restrained but projects reached completion stages as all segments of the market prepared for a growth phase in Indian property market, aligned to the political optimism in India.