Search Results: Realty consultant (274)

Analysis Ailing Real Estate, Problems of Real Estate, Under Construction, Protest of Home Buyers, Builder Buyer Conflict, Delayed Projects, Funding Problems of Real Estate

What ails the housing market?

In the ‘golden years’ of India’s housing market, property was the default go-to option for big-ticket investment. With real estate’s fading allure, investors began exploring other options and found them to quite rewarding. For instance, they can invest in a start-up with sums as ‘low’ as INR 10 lakhs. Many entrepreneurially-inclined Indians find the potential ROI (as high as 15% in many instances) makes more sense. Mutual funds provide good returns and the entry level is low enough to be affordable to many.

Reports Student Housing, Co Working, Co Living, Shared Living, Real Estate Start Ups

Start-ups fuel the Indian student housing movement

Sensing the potential of the student housing market, many start-ups have entered the fray. Student housing providers such as Oxfordcaps, Tribestays, PLACIO, Stanza Living, Campus Student Communities, Housr, Simplyguest, etc. currently operate in Delhi, Pune, Bengaluru, Noida, Mumbai, Indore, Dehradun, Ahmedabad and Jaipur. The top 10 players in the organized student housing space collectively operating slightly over 75,000 beds with plans to touch nearly 2 lakh beds by 2020. 

Consumer Connect Stressed Home Buyer. Sulking Home Buyer, Builder Buyer Conflict, Housing Delays in India, Unsold Housing Inventory, Ready to Move Property in Demand, Under Construction Property

How can home buyers trust real estate again?

The Indian housing market is a vicious cycle of broken promises, trust deficit, sulking participants and non-delivery. Statistics only tell you half the story. For the developers, market trackers and the government agencies it is all about numbers – how many units have not been delivered. What these raw statistics don’t tell you that there is a sordid saga of drying emotions of one family with each housing unit. Probably the stakeholders are least bothered about the plight of an average middle class home buyer who has exhausted his lifetime savings, taken up home loan and now reeling under the burden of both the EMI and the rent.

Column Indian Flag, Independence Day Special, Indian Real Estate Post Independence, Housing For All, Real Estate Reforms, History of Indian Real Estate

72 years of independence – A bittersweet dawn for India’s housing sector

It was not the magic wand it was hoped to be. However, over the past two years, the Real Estate Regulatory Act (RERA) has brought more sanity – and the return of consumer power – than seemed possible in such a short time. The real estate sector is still struggling with it and the Act is very much work-in-progress in many states, but RERA nevertheless hangs like a sword of Damocles over a previously unregulated industry. Eventual compliance across the board seems inevitable.

Reports Housing Supply in India, Housing Demand in India, Demand & Supply Mismatch in India, Housing Absorption in Top Cities, Housing Crisis in Top Cities

Housing absorption declines 13% in Q2 2019, new launches down 2%: ANAROCK

As anticipated, residential real estate activity remained largely tepid during the second quarter of 2019 in the backdrop of the general elections during the period but the recent Union Budget sops for the affordable sector may give the much-needed push to the segment henceforth. ANAROCK research indicates that housing sales in Q2 2019 fell by 13% q-o-q and stood at 68,600 units across the top 7 cities.

Reports Housing Delayed, Delayed Housing in India, Project Delays in Housing Market, Stalled Housing Projects, Stuck Housing Projects, Unviable Housing Projects, Due Diligence of Home Buyers

1.74 lakh homes in 220 projects completely stalled in Top 7 cities

ANAROCK research reveals that as many as 220 projects equalling 1.74 lakh homes are completely stalled in the top 7 cities alone. Launched either in 2013 or before, these projects have absolutely no construction activity going on. The overall value of all stalled units is estimated to be more than INR 1,774 billion. Most of these projects have been grounded due to either liquidity issues or litigations.

Reports PMAY Housing Benefits, Affordable Housing in India, Housing Supply in India, Housing Supply in Top 7 Cities

Only 29% of H1 2019 housing supply qualifies for govt sops in top 7 Cities – ANAROCK

Only a paltry number of developers have built housing that meets the Government’s criteria for incentivized affordable housing in 2019. ANAROCK data reveals that of the total housing supply of 1,39,490 units in the top 7 cities H1 2019, merely 39,840 units meet these criteria. The Government’s recent Budget ‘bonanza’ of an additional INR 1.5 lakh tax deduction on interest repayment of home loans availed till March 2020 will benefit very few people in urban India.

Policy

Model Tenancy Act 2019 – Landmark event or another work in progress?

The reasons for vacancy levels of homes which could feed the rental market across the country are largely region-specific. However, distorted property rights (in the absence of a sound rental policy), weak rental contract implementation and low rental yields are some of the major factors that prompt homeowners to leave their houses vacant rather than rent them out.

Finance Union Budget 2019-20. Budget of Modi 2.0, Real Estate Budget Expectations, Budget Wish List of Indian Real Estate, Real Estate & Budget

Real estate expectations from Modi 2.0 first budget

Without compromising on fiscal prudence, the Finance Ministry will have to present a budget that is not only inclusive but also assures growth across industries. It clearly shoulders a considerable share of responsibility for retaining India’s position as the fastest-growing economy.

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