Track2Realty: As consumers continued to face inflation and high interest rates in April, average household spending seemed unlikely to recover in the near term. Subdued market sentiments looked likely to continue unless consumer confidence began to rise.
Track2Realty Exclusive: Elections are part of a vibrant democracy. And like everyone else who is part of this democratic system, the developer community also pins hope on the upcoming elections. We are, in fact, watching all development with bated breath. We will keenly follow the five Assembly elections to be followed by the general elections of 2014 without any bias and in a totally unattached manner with no political affiliations whatsoever.
Track2Realty Exclusive: As the country heads towards the General Elections with policy uncertainties expected to get clarity ahead once a new Government assumes office, it seems Indian real estate is yet again high on the wish list of the investors, both domestic and international. If the investments and the policy announcements since the second half of 2013 are any indication, there has been a clear indication that the phase of over-cautious market sentiments is getting over.
Track2Realty Exclusive: The Gujarat real estate has by and large reasons to feel satisfied with its better-than-national average performance during the year 2013. It would be safe to maintain that the property market in the state has weathered the slowdown blues better than many other matured property markets across the country and the developers are better off now than in 2009. As per rough estimates 50 per cent of top companies in the state have improved on their debt servicing while 30 per cent will see a fall in debt from next fiscal.
Track2Realty Exclusive: Real estate gains are not always short-term but often long-term from investment point of view. The same can be said about 2013 where despite of an outside view dismissing the year 2013 for low sales velocity, piling inventory, liquidity crunch and policy ambiguity, added to the country moving to the General Elections in 2014, the sector has managed to pave the way for long term reforms.
Track2Realty: The 3C Company has aligned with Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company to present Northern India’s first Four Seasons Hotel and Private Residences. The strategic partnership between the two companies was sealed with an exclusive agreement for 25 years, thus ensuring that this would be the only Four Seasons Hotel and Private Residences in Delhi NCR for the agreed term.
Track2Realty Exclusive: It is said that this sector encourages black money and corruption, which is sad and upsetting for all developers/entrepreneurs who put in their best efforts to run the business.
Track2Realty-Agencies: India’s diversified group Godrej says its fast growing realty estate business could become the biggest venture for the conglomerate in the next 10 years.
Track2Realty Exclusive: First influencers, then catalysts and now storming into what can be conveniently called last male bastion—Real Estate. Indian women have indeed come a long way to prove that a challenging job of realty business is not a taboo for them. Even some of the mothers have excelled in real estate along with the family responsibilities and upbringing of the children. Track2Realty takes a few of such Case Studies.
Track2Realty Exclusive: Smart homes in India are coming up with a plethora of new technologies and have begun to find their ways into homes not owned by the richest exclusively. Technology vendors and real-estate players from different domains have started developing solutions capable of being easily integrated into home-environments. IP based technologies are making substantial strides in the area of ‘smart-home’.