Which are top cities for real estate investments?
Track2Realty picks up Investment Magnet Cities of India through a comprehensive pan-India survey. The idea is to identify the top real estate destinations for the home buyers in the country.
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Is Indian real estate ready to learn the lessons of 2019?
Beyond inventory statistics, and the customary positive outlook for the year ahead, 2019 has yet again underlined the need to read the pulse of the market dispassionately to learn why the tide has been going against. The lessons are equally true for both the builders and the buyers. Unfortunately, the sector does not seem to learn the lessons yet again. The testimony of the developers’ defiance is their guarded optimism for the year ahead, while dismissing the 2019 as yet another challenging year that has gone by.
Track2Realty lists Top 10 Indian shopping malls
Track2Realty pan-India survey invites mall visitors across 20 cities to pick their choices for the top malls.
Certified guarantee of positive coverage is not journalism
I have taken up the challenging practice of evaluating the performance of the real estate companies through rating the respective brands. I often hear two very different voices about my professional existence within the sector. A group of developers, though minority community, not only take the learnings out of the rating & ranking but also endorse that the sector needs someone like me for the larger interests of the business.
Indian malls neither destination shopping nor hangout zones
These are the findings of a pan-India survey by Track2Realty. The survey was aimed at assessing the track record of the Indian malls in terms of meeting the customer experiences and rating & ranking the best malls in the country. The survey was carried in 20 cities – Delhi, Gurgaon, Noida, Ghaziabad, Chandigarh, Amritsar, Mumbai, Pune, Kolkata, Bhopal, Raipur, Lucknow, Jaipur, Bhubaneswar, Ahmedabad, Bengaluru, Hyderabad, Chennai, Kochi and Coimbatore.
SOBHA launches its first online ‘Click2Buy’ Home Expo
The three-day exclusive window scheduled from December 14th to December 16thDecember 2019 will feature free-to-listen knowledge sessions from SOBHA’s top leadership team, industry guests and patrons, helping home buyers take smart decisions. The bookings at this online Expo is live from November 23rd November, 2019 onwards on the link www.sobha.com/click2buy.
Why are Noida Extension buyers sulking?
Track2Realty has in its possession various exchanged mails between the buyers and the builders which not only defies any civilized business correspondence but is also in contravention with the law of the land. In one such mail with a delayed project for more than three years, the builder has the audacity to put on record that they would refund only with some deductions, forget about delayed penalty. Incidentally, the builder has accepted unaccounted cash with the said buyer and hence the buyer knows the real fallout of the exit.
NCR property with health hazards of toxic air
Despite repeated attempts by Track2Realty, none of the developers with projects in the worst hit areas are ready to speak on camera. All of them are rather defiant that the construction ban is unfortunate disruptions and adversely affects the project timelines. The moot point nevertheless is can the builders in their collective consciousness shrug off the responsibility now? Do they wake up only when the NGT slaps the sector with construction ban? Can’t they switch to responsible urbanisation for future generations?These questions may not bother them but what they can’t afford to ignore is whether or not the housing sector in Delhi NCR would be paralysed if the city is not made worth breathing and worth living?” Unfortunately, there are more questions than what any of the stakeholders would like to answer with some honesty.
Frost & Sullivan names JLL India the “2019 India Facility Management Company of the Year”
Frost & Sullivan Awards are presented to companies that demonstrate best practices across industries. The Awards are recognition of their innovation, commitment, technological innovation, customer service, and successful business strategies required to advance in the global marketplace. Frost & Sullivan’s intent is to help drive innovation, excellence, and a positive change in the global economy by recognising best-in-class products, companies, and individuals.
Macro trends in residential may be misleading
First, residential project delay is not a pan-India phenomenon and only limited to major metropolitan cities of Delhi NCR and Mumbai in terms of quantum as well as value of projects. Second, the slowdown in completion of projects is not across the entire spectrum of housing categories but significantly visible in upper-mid and premium categories. What is needed is perhaps a push from the government and funding agencies along with a strict code of conduct among developers which will improve the situation. Going forward, developers should take cognizance of the situation at hand and accordingly realign their marketing strategies so that their launches are in sync with people’s affordability and demand.