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October 25, 2012

Negotiate your neighbourhood with group buying schemes-II

Track2Realty Exclusive: The way group buying in real estate works is simple. Take GrOffr.com for instance. This is an online and offline integrated platform which showcases property. It uses social media networks to let buyers know about possible good deals, and leaving it to them to do some viral marketing. Once a large group of buyers is thus formed, the group buying site then introduces it to the network of dealers and developers and helps negotiate a suitable discount.

Reports

October 16, 2012

Mumbai property prices moving up continuously: Report

Track2Realty: Mumbai region has seen prices appreciate by double digit percentages over the last two years. It is interesting to note that some areas have witnessed over 50% price rise when we compare per square feet prices (PQSF) of Q3-12 (Jul-Aug-Sep) over Q3-10(Jul-Aug-Sep). This clearly reflects that capital values in and around Mumbai region has been continuously moving at a steady pace year on year, says a report by property portal 99 acres.com.

Commercial

October 12, 2012

Developers criticise monetising government land; offer no solution for urban infra needs

Track2Realty Exclusive: While the Vijay Kelkar Committee has strongly advocated in its recommendation to the Central Government that monetisation of the government land can finance the basic urban infrastructure needs, a move in that direction has set the tone for a fresh debate in Maharashtra.

Company News

October 5, 2012

No proof of quid pro quo in allegations of Robert Vadra-DLF nexus

Track2Realty: The allegation that businessman Robert Vadra and real estate giant DLF have deep illicit links, where Vadra was given an interest-free loan from DLF, which also sold him vast amounts of property at hefty bargains in return for favours from the Congress, could not offer evidence of a quid pro quo.

Headlines

September 22, 2012

Realty takes corrective measures ahead of festive season after Track2Realty survey finds no takers for new launches

Track2Realty Impact: When Track2Realty pan-India survey said it in May this year that Indians prefer to pay more for ready-to-move property and find new launches risky, the sector was obviously not amused. CREDAI President Lalit Kumar Jain had differed with the Track2Realty survey findings in an interview with Tehelka and said that “ready-to-move-in flats comes at a premium rate and the availability of such in the country is currently just 5 per cent.”

Reports

Hospitality sector news, real estate news , realty news , india real estate , india realty news ,

September 20, 2012

Report says 50,000 hotel rooms expected in top six metro cities in next five years

Track2Realty: The top six cities of India are expected to see a total of 50,000 new hotel rooms across categories in the next 5- 6 years. This is in response to the steady growth the hospitality sector has recorded over the last few years. 2012 alone is expected to see 14,800 fresh keys by the end of the year. Out of the total expected supply for 2012, 2000 new hotel rooms have already entered the market. These are the findings of a report by Cushman & Wakefield (C&W)and Confederation of Indian Industries (CII).

Finance

India real estate news, Indian realty news, Property new, Home, Policy Advocacy, Activism, Mall, Retail, Office space, SEZ, IT/ITeS, Residential, Commercial, Hospitality, Project, Location, Regulation, FDI, Taxation, Investment, Banking, Property Management, Ravi Sinha, Track2Media, Track2Realty

September 17, 2012

RBI’s infusing liquidity more potent than rate cut: PMEAC

Prime Minister’s Economic Advisory Council (PMEAC) on Monday said the RBI move to infuse liquidity in the system is “more potent” than a cut in interest rate and it will help banks expand credit portfolio.

Advocacy

September 7, 2012

India’s unique demographic dividend could turn into a demographic nightmare: K P Singh

DLF Chairman K P Singh has warned that the current policy paralysis has had an adverse impact on the country’s growth momentum denting business confidence, and could lead to its unique demographic dividend turning into a demographic nightmare.

Analysis

India real estate news, Indian realty news, Indian property news, Track2Realty, Track2Media

September 5, 2012

The Indian real estate market – A view from the top

Interest from international real estate investors in Indian real estate has been limited in 2012. India has witnessed 6% q-o-q growth in direct commercial real estate in Q1 2012, as compared to China which has seen negative growth of -45%, however China performed better in Q2 2012 on the back of one mega deal. In Brazil, investment volumes seem to be reaching a more ‘normalised’, sustainable pace following the supercharged 2010-2011 period.

Company News

August 31, 2012

Sahara Group clarifies after Supreme Court verdict

The Sahara Group has clarified their stand in public after the jolt by the Supreme Court asking them to refund within three months Rs. 24,029 crore it had collected between 2008 and 2011 from over 2.96 crore investors, flouting mandatory regulatory provisions and the Company Act. In the wake of media onslaught after the Court asked two Sahara Companies to pay 15% interest on the amount, the Group in a statement has following version in its defence.

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