Track2Realty Exclusive: The east coast of Delhi-NCR has been on a roll and bucking all the trends of slowdown areas in and around, most importantly Ghaziabad, NH 24 stretch and Noida have done better than the national average in the last couple of years. To say that the property market in this part of the world has been more realistic having registered more property transactions would be stating the obvious.
Track2Realty Exclusive: Every project is launched with the presumption of existing demand in the given catchment area. If that be the reason the sector should not have been sitting over a record inventory. Track2Realty tries to explore what defines demand and how the flawed concept of demand leads to demand-supply mismatch. It is a grey zone for the real estate which hits where it hurts the most to the developers, yet most of them try to justify launches and shrug off the subject.
Track2Realty: Brys Group has unveiled the show apartment of its landmark project ‘Brys Buzz’, North India’s tallest residential tower. UAE’s leading Arabian Construction Company is building the iconic tower which is standing at the highest permissible limit of 292 meters with a towering 81 storey. The project is located at Sector 150, Noida.
Track2Realty Exclusive: Analysts have been wondering in the last couple of years that when the property market across the country had been witness to slowdown, how come Coimbatore market kept its momentum up with no visible signs of stress. As a matter of fact, the property prices in the city across the asset class noticed upward movement in the range of 10-15 per cent, thus bucking the trend of slowdown.
Track2Realty: The Housing Sentiment Index (IIMB MB HIS) assessed by IIM Bangalore and Magicbricks forecasts that homebuyers across 8 of the 10 cities surveyed expect real estate prices to rise over the next six months. The aggregate Housing Sentiment Index (HSI) measured across 10 cities this quarter stood at 108. (An HSI score of 100 suggests the prices would remain static).
Track2Realty Exclusive: With a vision to make India a housing surplus nation from being the housing shortage country, CREDAI has been campaigning to make the business environment congenial for growth. But the realty bill, in its current form and shape, stifles the honest developer and scares away new entrepreneurs from entering the sector.
Track2Realty-Agencies: The Supreme Court will Monday, May 5, hear pleas of the Noida authority and home buyers, challenging the Allahabad High Court’s order to demolish Supertech’s two under-construction 40-storey towers in the real estate firm’s Emerald Court project.
Track2Realty Exclusive: Is there any co-relation between luxury properties, High Net Worth Individuals (HNIs) and Akshay Tirtiya? Prime facie, it may seem to be very innocuous question but for those who are tracking the property market of Mumbai find not only a co-relation among the three, but also find the three working in tandem can ignite the property market as well.
Track2Realty Exclusive: Thane is a cosmopolitan suburb which has evolved from being a mere city of lakes to the nestling zone of the urban middle class. Most of the working professionals in Mumbai have found Thane to be an ideal location to buy an apartment or take it on rent. Affordability has been a key USP of Thane property market, which has further been ignited with better connectivity.
Track2Realty: Knight Frank India in association with the Federation of Indian Chambers of Commerce & Industry today released its second set of findings of the quarterly Real Estate Sentiment Index. The first index that covered Q4 2013 was released in February, 2014.