Investors project riders in realty market
To say that investors are anchors and project riders would…
To say that investors are anchors and project riders would…
As the Union Budget 2016-17 draws closer, India’s real estate…
The level of enthusiasm has gone down with smart city…
Shortage of investible stock but opportunities in structural investment themes. …
Global success cases of transit-oriented development include Malaysia, Hong Kong,…
Finance Ministry officials maintain that budget wish list of developers…
“I am reading these newspaper reports about the real estate sector demanding so many things with the Union Budget. Most of these demands are for their financial health than understanding the market from common homebuyers’ perspective like us. Do we matter at all in this eco system where neither the government nor the developers understand what keeps us away from the property market,” says Shweta Sanyal, an advertising professional in Mumbai.
For achieving 10% growth, India’s domestic economy needs to attract added investor interest, including that of overseas funds. Increased levels of foreign investments would be welcome for the Government’s recently launched “Make in India” initiative as well.
Developers have their own expectations, because positive announcements for real estate buyers made during the budget will help increase the market sentiment, and therefore sales. The general hope is that the budget will provide cheer to intending homebuyers who have been deterred for various reasons.
Call it contrasting match of the two extreme ends or just the confusing mate living together, but affordable luxury has gained ground in Indian realty, finds Track2Realty.