SARE Homes appoints Pravin Kumar Jain as Director- Sales & Marketing
Track2Realty: SARE Homes has appointed Parvin Kumar Jain as Director-…
Search Results: commercial and residential property (971)
Holistic growth necessary in realty
Track2Realty: The past decade has witnessed a period of economic transformation of the Indian real estate industry. After the global financial crisis, the pace at which the industry has bounced back is magnificent. Our real estate ecosystem typically comprises of architects, developers, Government & regulatory authorities, financial institutions, private equity players, other funding agencies, brokers, property consultants and of course most importantly the buyers.
Pragmatic realty moves ahead of budget rhetoric
Track2Realty Exclusive: Come budget and the real estate in the last few years seems to have been repeating the rhetoric of industry status. As a result, year after year it has been a case of realty proposes and the Finance Minister disposes. However, the sector on the eve of 2013-14 makes a strategic shift to be more realistic with its causes and concerns.
Cluster redevelopment can be catalyst to western suburbs facelift in Mumbai-I
Track2Realty Exclusive: Though redevelopment is the buzz word in Mumbai post the new Development Control Rules (DCR), some of the realty analysts are finding it as a short gap arrangement since the supply will be only marginally increased which can’t even meet the ever increasing demand. And hence short supply of the apartment added to the price appreciation will hardly bring any substantial change in the market dynamics of the island city.
Puravankara to launch luxury project in Rajajinagar
Track2Realty: Puravankara Projects is launching a luxury residential apartment project in Rajajinagar, Bangalore. Located in a prime area of Rajajinagar in central west Bengaluru, the project is just 1.4 km from the city railway station and about 2.7 km from the commercial hub, Majestic bus stand.
Perils plague serious real estate entrepreneurs
Track2Realty: Today there is no entry barrier in the sector for any fly-by-night operator with black money to back his initial pomp and show to lure customers. But for a serious start-up there are many perils that plague. Problem is all the voices are being raised to ease only a section of the developers with often myopic vision with regard to the future of the sector.
Bombay HC allows Shapoorji Pallonji to sue Qatar Airways
Track2Realty-Agencies: The Bombay High Court has cleared the way for construction major Shapoorji Pallonji and Co. to sue Qatar Airways for Rs 59 lakh with interest.
Signs of improvement visible in real estate: India Ratings
Track2Realty: India Ratings has revised its outlook for the Indian real estate sector to negative to stable for 2013, from negative in 2012. Demand remains subdued and EBITDA margins low, leading to weak credit metrics for companies in the sector. The agency however sees signs of improvement, in terms of stability of margins and the easing of liquidity pressures, with free cash flows turning positive since H2FY12.
Indian realty a long term bet if lessons learnt-I
Track2Realty Exclusive-Yearly Analysis: To say that Indian real estate is standing on a shaky foundation would be like stating the obvious. Pressure is increasingly building on Indian developers. High mortgage rates and the slowest economic growth in nearly a decade are taking a toll on demand. Costs are rising, too. The Price of steel and concrete has jumped to double digit. The pipeline of cash has already dried up.
Tata Housing steps in Gujarat
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.