Track2Realty Exclusive: A marginal rate cut/hike time again evokes reactions across the industries and the blame game continues where the Reserve Bank of India (RBI) defends its balancing act of controlling inflation and the industry captains slam its short term outlook of stop gap arrangement.
Track2Realty Exclusive: Rohtas Goel, CMD of Omaxe agrees that the repositioning is more realistic now, mainly due to the fact that the real estate in the region is more buyer-driven now. The change in market dynamics has similarly altered the demand scenario and developers have begun to take cognizance of the same.
Track2Realty Exclusive: Analysis of South Zone (Bangalore)
Retail leasing activity in Bangalore remained active through 2012 due to the opening of a few malls particularly in the Whitefield micro-market. Apart from the stable leasing activity seen through the year, space enquiries from retailers during the period point to the fact that a number of them remained bullish on their medium to long term prospects due to the increasing affluence of the growing middle class.
Track2Realty Exclusive: Compared to other countries in Asia, India still lags behind on the transparency parameter. But we are increasingly scaling up with the data availability for the retail and residential sectors improving across all tiers led by the fast-paced development of the residential sector and modern retail formats.
Track2Realty-Agencies: Indiabulls Real Estate Ltd has tied up with Doha Bank to offer its NRI customers exclusive deals on properties in India.
Track2Realty-Agencies: Real estate players and analysts on Tuesday welcomed the Reserve Bank’s move to cut short-term lending rates, but said that more such steps are needed to bring growth back to the sector.
Track2Realty Roundtable Panelists—Dr Anil Sharma, CMD, Amrapali Group
Sunil Dahiya—Sr Vice President, NAREDCO & MD Vigneshwara Developers
Harmit Chawla—MD, HCorp Realty
PK Tripathi, President, Unitech
Moderator—Ravi Sinha, CEO & Managing Editor, Track2Realty
Track2Realty Exclusive: Analysis of West Zone (Mumbai)
The retail landscape across the western zone of the country has remained active through 2012. The sector performance was characterized by buoyant leasing activity from both Indian and international brands. As a result, in addition to expansion of Indian brands, many international retailers also set up their new outlets in the city. Moreover, the recent policy reforms, allowing FDI in multi-brand retail has improved overall sentiments in the sector.
Track2Realty Exclusive: In the current scenario, investment in Real estate sector has been a challenging task due to complexity of the real estate markets in various cities. The complexity has evolved as a result of local planning regulations, social and demographic features, economic profile and legacy issues.
Track2Realty Roundtable Panelists—Dr Anil Sharma, CMD, Amrapali Group
Sunil Dahiya—Sr Vice President, NAREDCO & MD Vigneshwara Developers
Harmit Chawla—MD, HCorp Realty
PK Tripathi—President, Unitech
Moderator—Ravi Sinha, CEO & Managing Editor, Track2Realty
Ravi Sinha: Would any of you agree that the pipeline visibility and land bank suddenly has turned out to be a land liability?