Search Results: core expertise area (26)

Consumer Connect RERA 7 Years, RERA, RERA India, Real Estate Regulator, Real Estate Regulatory Authority, Real Estate Regulation Act, RERA Advantages, RERA Benefits, RERA Failures, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalists

7 years of RERA; 7 unaddressed questions

It was conceptualised to clean the opaque ecosystem of Indian real estate; was touted to be the biggest reform of the sector; and expected to enhance the home buyers’ confidence index. But seven long years after the enactment of the Real Estate Regulatory Authority (RERA), it has still not evolved as a stamp of trust for the harassed home buyers. RERA’s tryst with trial & error has not only dented the confidence of the home buyers but also lent credence to the perception that complaint with RERA rather gives an edge to the builders. After all, RERA has been relegated to be the balancing act for both the builder and the buyer. A Track2Realty analysis.

Consumer Connect Affordable Housing, Low Cost Housing, Affordable Housing Price, Affordable Housing Rent, Affordable Housing GST, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Ravi Sinha, Real Estate Journalist

How to make housing more affordable?

No one has got a clear answer to the core of the problems and every industry  stakeholder has his own point of view. However, the economies of scale suggests it definitely helps the developers to undertake cost-effective measures since material procurement happens at a group level. This gives large developers an advantage over other smaller developers and projects. Also, the duration of construction has an impact on the cost. The developers must ensure the completion of projects on time, which could help us sell the properties at a faster pace and keep the cost under control. 

Advocacy

Real estate victim or guilty of snail-paced manufacturing?

The question is what needs to be done. Or in other words, how could real estate consume more out of ‘Make in India’ manufacturing? The question in itself is flawed, if not in sync with the larger eco system issues. Setting up and making a manufacturing unit in India comes with its own challenges. Cheap labour alone would not give India any edge or cost arbitrage over the export items. ‘Make in India’ has to move beyond the rhetoric of nationalism and reforms have to be introduced at each and every level, ranging from lower corporate tax to labour laws and making the country a happy hunting ground for the manufacturers of the world.

Market Rating Religious Places Property, Sacred Places Property, Spiritual Places Property, Mathura Property, Kashi Property, Varanasi Property, Vrindavan Property, Shirdi Property, Tirupati Property

Sacred cities see a retail boom as spiritual tourism surge

The surge in spiritual tourism can be attributed to enhanced infrastructure, including well-connected roads, airports, and public transportation, as well as the development of various accommodation options such as hotels, guesthouses, and wellness centres. To meet the growing demand for spiritual travel, local governments and businesses are joining forces to create unique retail experiences. This includes integrating local practices into the design and offerings of shops, restaurants, and hotels. Cities like Amritsar, Varanasi, Madurai, Puri, Guruvayur, etc. are leveraging their unique culinary traditions and local fashion expertise to further attract and engage visitors.

Market Rating Noida Extension, Greater Noida West, Gautam Buddha Nagar, Mahesh Sharma MP, DMRC, NMRC, Metro Train, Home Buyers' Protest, Noida Extension PropertyGreater Noida West Property, Property Prices In Greater Noida, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Taken for granted voters behind Greater Noida West plight

Greater Noida West, or Noida Extension in popular parlance, is a case study in how a high potential property market suffers from years of systematic plight. Reason is more political apathy than administrative callousness, and the home buyers in this part of the world are waiting for basic services like Underpass, Metro Rail, Foot Over Bridge among others for around a decade now. A micro market with around a million (10 lakh) vote bank, taken together voters of high-rise apartments & adjoining villages, is part of Gautam Buddha Nagar Lok Sabha constituency. Ravi Sinha finds that the citizens in this part of the world have no one but themselves to blame for having allowed elected representatives to treat them as taken for granted voters.

Advocacy

Labour shortage a perennial problem of Indian real estate

Ram Kirpal is a construction worker in Noida. However, this daily wage earner is not a regular employee or even contractual worker with any real estate company or contractor. He goes back to his native place, Purnea in Bihar, on each harvest season and agriculture continues to be his main occupation. He works on construction sites in Noida only when there is no agricultural work back home. He is part of the bigger problem that the Indian real estate faces – labour shortage! A Track2Realty report.

Headlines Senior Care, Senior Living, Senior Housing, Assisted Living, Ashiana Housing, ASLI, Ankur Gupta

3rd ASLI Annual Senior Care Conclave to roll out Standards and Accreditation Matrix for Senior Care in India

The 3rd ASLI Annual Senior Care Conclave starting, 22nd Jan, 2021, announced the Association of Senior Living India (ASLI) collaboration with Standards Wise International’s Indian subsidiary – Standards Wise International India (SWII) and CommonAge (CA) to roll out the first-ever standards and accreditation matrix for the private sector in the space of senior living and care communities in India.

Headlines Sobha City Bangalore, PNC Menon, JC Sharma, Bangalore real estate market, Indian property market, Neighbour home, NRI real estate investment, Indian property market report, Real estate newsmagazine, Track2Realty Investment Magnet Report 2015, Track2Media Research

Challenges of real estate market expansion

In India, when the going was smooth a number of leading developers tried to foray into multi-city operations. Most of them had to exit the expansion strategy sooner than later. It rather proved to be the first nail in the coffin for some of these market leaders by size.

Column Ravi Menon, Chairman Sobha Limited, Real estate professional in India, Beast property professionals in India, Best developers in India, Best real estate brand in India, Bengaluru property market, Bangalore real estate, India real estate news, Indian realty news, Real estate news India, Indian property market news Realty Plus, Investment in Sobha property, Track2Realty

Ravi Menon a business leader as first co-worker

Meet Ravi Menon, Chairman of Sobha Ltd and son of PNC Menon whose legacy gives the son liberty to rest in his cabin and enjoy the laurels that the company has earned. But it seems there is something professional in the DNA of this family. Hence, the colleagues respect Ravi as first co-worker in the office whose personal involvement and eye for detailing is what has helped brand Sobha to get to the next level of brand reputation.

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