Supertech launches housing scheme for serving & retired government employees
Supertech has launched a housing scheme for serving and retired government employees called Officer’s Enclave in Sector-2, South Of Gurgaon (Sohna), Gurgaon.
Supertech has launched a housing scheme for serving and retired government employees called Officer’s Enclave in Sector-2, South Of Gurgaon (Sohna), Gurgaon.
Track2Realty: With the new government now firmly in charge of steering the country, the Indian economy is perched on the threshold of recovery and growth. The serious issues that have plagued the sector for so long may now be proactively addressed.
Track2Realty Exclusive: The Indian real sector has evoked mixed response to the Union Budget 2013-14, though by and large there is optimism within the sector. Here are some of the responses—
Track2Realty: Tata Housing has announced a non-binding MoU of Rs. 3500 crore with the Government of Gujarat at the Vibrant Gujarat Summit in Gandhinagar, yesterday. This agreement represents Tata Housing’s persistent efforts to create sustainable affordable townships and has been planned for the suburbs of Ahmedabad.
Launching its multi-pronged strategy to focus attention on the real estate industry’s unending series of problems, CREDAI (Confederation of Real Estate Developers’ Associations of India) has decided to send an ‘SOS’ to the Prime Minister and planned for a nationwide developers strike to sensitize the policy makers.
The recently tabled Land Acquisition, Rehabilitation & Resettlement Bill, 2011 in Parliament is meant to replace the 117-year-old Land Acquisition Bill of 1894.
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
While the real estate market in India is far from satisfactory, a section of real estate developers are exploring opportunities in neighboring nations including Sri Lanka and Bangladesh as the governments, seeking to boost economic growth, are providing incentives to develop infrastructure.
Average housing prices surged 12% YoY; Delhi NCR saw highest YoY growth. Delhi NCR & Bengaluru saw highest quarterly price rise at 16% & 8% respectively. Unsold inventory continued to drop sequentially amid robust demand. Pune saw the highest dip in unsold inventory followed by Ahmedabad and Chennai. Positive home buyer sentiment and steady demand have kept the momentum strong in residential market across major Indian cities. Average housing prices across the top eight Indian cities witnessed a 3% QoQ growth in Q2 2024. Interestingly, quarterly price movements at India level have been almost similar at about 3% for the last four quarters.
A comprehensive analysis of these cities was done involving assessment of various social, economic, financial, and real estate specific demand & supply side parameters. Colliers conducted a broad-based assessment and developed an objective framework incorporating the above-mentioned parameters to assess their relative degrees of importance and impact on various real estate segments such as office, residential, warehousing, retail, hospitality, and alternatives (data centers, senior living, second homes etc.) in the respective cities.