Search Results: price correction (159)

Consumer Connect Bear Market, Bull Market, Real Estate Price Trends, Property Price Trends, Real Estate Versus Stocks, Real Estate Price Index, Property Price Index, Aditya Kushwaha, Axis Corps, Puravankara Limited, Abhishek Kapoor

Is a Bear Market possible in real estate?

Stock market is generally defined as the “Bull market versus ‘Bear Market’. In real estate, the expression has generally been all about ‘Bullish Market’, ‘Upbeat market’, ‘Wait & Watch Market’, and ‘Pessimist Market’. ‘Bear Market’ as a term has generally not been used in the context of the housing market. Track2Realty questions why? Is it because a ‘Bear Market’ is just not possible in real estate? Or is it because real estate as an asset class has an altogether different means of cost & benefit analysis.

Headlines Unsold Housing, Ravi Sinha, Demand Supply Mismatch, Housing Crisis, Puravankara, Abhishek Kapoor, Axis Ecorp, Aditya Kushwaha

Unsold ready to move inventory poses greatest threat to realty

Isn’t it ironic that in a housing market like India where the predominant demand is for ready to move houses, this segment too has a record unsold inventory standing. As per the statistics, out of the total 7.85 lakh unsold inventory, nearly 20 per cent are ready to move. Mind you! We are only talking about the top 8 cities of India. A cumulative figure of pan-India unsold ready to move housi9ng inventory would look even more scary.

Consumer Connect Booming Market, Real Estate Boom, Property Boom, Indian Real Estate News, Property Market News

Is the housing market really booming?

I meet a number of stakeholders across the built environment of Indian real estate. One common narrative that has gained ground within the built environment over the years is that “this is the best time to buy a house.” Mind you! This narrative was being pushed through the throat even before Covid. Even though the real estate market in general and the housing market in particular has been going through a turbulent phase, the narrative has never changed its course.

Finance Home Buying, Client Conversion in Housing, Footfall in Housing, Home Buying in India, Amit Modi, JC Sharma, Subhankar Mitra

Client conversion rate of builders improved post Covid

While the pandemic Covid-19 had hovered like a black swan for the economy in general and the real estate market in particular, the developers across the country also woke up to the unexpected but pleasant reality that the client conversion rate had improved post the pandemic. A Track2Realty analysis.

Consumer Connect Realty Stocks

Cost & benefit of real estate, stocks & realty stocks

The Nifty Realty Index that touched a low of 162.13 on 19th May in the post Covid mayhem has now scaled up to 280.00 (First week of December). The BSE and Nifty also surged more than 50% since the March lows, thus making the Indian stock market one of the best performers across the world. India’s only REIT, Embassy Office Park that scaled down at INR 319 is back in the range of 350 with a forecast of crossing 400. The second REIT, Mindspace Business Pak that was over-subscribed 12.96 times in the month of August this year, is also on its growth curve.   

Finance Real Estate Reforms, Real Estate Policies, Real Estate Budget Wish List

Urgent & definitive reforms needed for real estate

In his budget wish list, Amit Modi, Director, ABA Corp & President (Elect), CREDAI Western UP, points out that the real estate sector in India has been through one of the most difficult periods last year due the pandemic effected slowdown in the economy. While there was an upward trajectory in the last quarter of year 2020, due to correction in prices, availability of affordable home loans and the general realization towards the importance of having an adequate shelter during the pandemic, but to seriously start the process of sector revival, there is an urgent and definitive need for reforms from the forthcoming Budget.

Finance IND AS 115, New Accounting Standards, PCM, Percentage Completion Method, Project Completion Method, Real estate accounting, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

IND AS 115 promises best practices in revenue recognition

The real estate has been calculating the revenue on Percentage Completion Method and not Project Completion Method. With the Percentage Completion Method, the developers treated payment received from the home buyers for purchase of flats under construction as turnover of the company and net income generated from such projects was treated as profit.

Column Ravi Sinha, Real estate journalist, Real estate blogger, Real estate analyst, Real estate brand rating, Diary of a real estate journalist, Property journalist diary, Open letter to builders, Buyer writes to builders, Journalist writes to builders, Property journalists credibility, Credibility of real estate journalists, Media and real estate, Media and property market, Journalists in the property market

An open letter to builders

I am also conscious of the fact that a large number of developers are hoping against the hope that once the tide is over and investors return to the market their ordeal would be over. I may sound to be disappointing gentlemen but the era of investor driven real estate business is over.

1 8 9 10 11 12 16