Track2Realty Exclusive: The multiplier effect of real estate sector and its capacity for generating employment is well recognized. It is estimated that the sector contributes close to 6 per cent to the gross domestic product (GDP) of India and is estimated to be growing at 20 per cent per annum.
Track2Realty: India Ratings & Research (Ind-Ra) maintains a negative outlook on the infrastructure sector for H213, largely due to unfavourable macro-economic variables and project level stresses.
Track2Realty Exclusive: As corrective steps we need to form a regularized official body to maintain consistency and transparency. There were only two cities in the world which were over populated and this has gone up to 29 cities with dense population in past one decade.
Track2Realty Exclusive: Real estate continues to be the best investment instrument of the Indians and it does not seem to be changing in the year ahead. Despite of cribbing, Indians’ investment portfolio will comprise of a house for emotional connect. Return on investments (ROI) also suggests there is no alternative (TINA) to it. However, over reliance on TINA factor may disappoint them in future as it works best in the bull run but is worst indicator of future as well.
Track2Realty: The government is all set to introduce a buyer-friendly real estate legislation which aims to protect consumers and bring transparency in the sector in the monsoon session of Parliament.
Track2Realty Exclusive: There are analysts who believe the retail investors need to be exposed to this asset class through an institutionalized vehicle, which would be regulated. REITS is the ideal solution.
Track2Realty Exclusive: The three key factors that go into sustainable construction are — design, materials and technologies. In order to get the benefit of those savings, a developer has to replace conventional methods with green alternatives on all the three fronts.
Track2Realty: India Ratings & Research (Ind-Ra) has maintained a negative outlook on the Indian construction sector for the second half of 2013 (H213). This is in view of the continued execution and liquidity challenges facing the sector, identified as major constraints in the beginning of the year. The impact of these challenges is likely to intensify in the near term.
Track2Realty Exclusive: The concept has been new in India and in the absence of home buyers understanding, they have often succumbed to misleading advertisements that promise “view of nature” or “open green spaces.”
Track2Realty Exclusive: With realty being a micro market driven business and land a state subject, dealing with the government machinery has a different challenge in many of these cities.