Search Results: project delivery (310)

Headlines China Evergrande Group, China Real Estate, Investment in China Property, Real Estate Defaults, Debt Liability of Real Estate

China’s Evergande both a learning & potential disruption for Indian real estate?

It is the story of a debt ridden real estate company that is financially overleveraged; gone beyond execution capabilities; has multi-city penetration; is into multiple businesses; and the promoters are just delaying the inevitable. The developer that you instantly recall is China’s Evergrande. It’s the talk of the town across the built environment of global real estate today. But wait! Has India not been witness to its own Evergrande moment (though on a smaller scale) in the past? Track2Realty speaks to cross section of industry analysts.

Policy Supertech Emerald Court, Supertech Twin Towers, Supreme Court Orders Demolition of Supertech, Supertech Fraud, Supertech Cheating, Noida Property Market, RK Arora, Mohit Arora

Supreme Court demolition order against Supertech twin towers won’t change market realities

A closer look at the way the sector operates indicates that the ground realities are different than what is being anticipated post this historic judgment. The Supreme Court order has hence raised more questions than settled the answers that could goad the sector to best practices in the business. The court order touches upon some of the grey areas like “long & expensive legal battle” that the buyers have to go through. It nevertheless doesn’t offer any solution for the same. The fact remains that the long & expensive legal battle is the primary cause of home buyers’ suffering in silence at the hands of the builders.

Network Axis Lake City, Axis Corp, Aditya Kushwaha, Goa Real Estate, Goa Property Market, Goa Luxury Property

Axis Ecorp forays into commercial plots segment with Axis Lake City

Located in Dodamarg, Axis Lake City is barely 35 KMs away from Panjim city centre. It is also just 18KMS away from the prestigious MOPA airport, which is expected to be operational by 2022. Spread across 12 acres, the project offers commercial plots in the size of 150 square meters, with state-of-the-art infrastructure and facilities. The size of the project is INR 40 crore and it is expected to be completed by 2023.

Column Ankur Gupta, Ashiana Housing, Senior Housing, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News

Finding a genuine real estate developer, in today’s crowded space

Residential markets such as Bengaluru, Chennai, Kolkata, Delhi and more have witnessed price corrections ranging from 1%-2.3% during the quarter, suggesting the solidity of the housing sector even in difficult times. However, with this price increase, you will still come across certain real estate brands offering discounts and continuing to sell at the previous cost of construction. In such a scenario, how does one choose the real estate player who is honest and fair in his dealings? My simple answer would be go with a genuine brand but how does one identify what is genuine.

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 K Shape Recovery, Real Estate Recovery, Real Estate Recovery After Covid, Real Estate Post Covid

Indian real estate heading to K-Shape recovery

The economists and the real estate analysts are unanimous over the inevitability of the real estate recovery in India. What is nevertheless being debated is when will the sector revive to its normal course of business. What is even more important is to assess what would be the shape of the recovery. In classical economic definition, three of the commonly used recovery shapes are V, U & L shapes. V-Shaped is a strong recovery after the debacle, U-Shaped is a slower and long-drawn recovery, while an L-Shaped aftermath is where the previous peak is not recovered.

Brand Rating Track2Realty BrandXReport 2019-20, Best Brand of Indian Real Estate, Indian Real Estate Brand Rating, Top Brands in Property Market, Godrej Properties, Sobha Limited

Godrej Properties the new brand leader of Indian real estate

It is not just the fiscal performance or the stock market resilience that have elevated Godrej Properties to the coveted brand leadership across India. The performance has been remarkable and ever improving on various scale leading to better consumer experience and consumer connect. In a gloomy market of uncertainty, Godrej Properties looks most promising to meet the delivery commitments as well. Last, but not the least, while most of the corporate entities found it altogether challenging turf in the business of real estate, Godrej appears to be a natural real estate brand beyond its market presence in other businesses.  

Brand Rating Hawelia Valenova Park, Hawelia Valencia Homes, Hawelia Group, Nikhil Hawelia, Ask Hawelia, Save From Hawelia, Greater Noida West Property, Noida Extension Property, Builder Fruad in Noida Extension

How to dodge poor consumer feedback? Ask Hawelia

It is pertinent to note here that there has been nothing posted on Hawelia Facebook page that could be defined as “Defamatory” by the Indian Penal Code (IPC). It seems builder does not believe in the IPC and wants to continue his fiefdom with HPC (Hawelia Penal Code). As per the law of the land, any comment/feedback/grievance could only be termed as defamation if it can’t be substantiated with the fact. Truth stands as biggest defence against the defamation. The chain mail between the builder and the home buyers of Hawelia Valenova Park could establish the fact that the buyers are not happy with the builder and the builder failed to even come forward to address the concerns.  

Company News Hawelia Group, Hawelia Valenova Park, Hawelia Valencia Homes, Arihant Arden, Coronavirus and Real Estate, Real Estate and Covid19, Coronavirus Impact on Property, Hawelia Humanity

Hawelia fails with supply of essentials in Corona lockdown

It is pertinent to note here that the builder has serious tussle with many of the home buyers at both his projects. Many a times the home buyers have been overtly refused the services with point blank justification that the Hawelia Facility Management is not obliged to entertain those who are unsatisfied buyers. However, in today’s pandemic it is not just unprofessional & unethical but also inhuman to not facilitate supply of day-to-day commodities when the builder’s commercial shops are not operational. Interestingly, Hawelia’s CSR initiative is called as Hawelia Humanity.

Brand Rating Hawelia Group, Hawelia Valenova Park, Greater Noida West, Noida Extension, Worst Project of Noida Extension, Buyers Protest in Valenova Park

Hawelia coercing home buyers at Valenova Park

The said project, Hawelia Valenova Park, that was launched in 2013 at Tech Zone IV of Noida Extension is yet to be worth habitation, even after seven years. The builder, on his part, claims otherwise, even though the GNIDA (Greater Noida Industrial Development Authority) has only given it a conditional TOC (Temporary Occupancy Certificate).

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