Search Results: real estate market (2792)

Policy Union Budget, Budget and Real Estate, Property Market and Budget, Housing and Budget

Union Budget, home buyers and need for policies beyond rhetoric

Budget after budget the industry voices across the built environment of the Indian real estate echo the causes & concerns of the supply side – builders. On the eve of the Union Budget 2021-22, it is imperative to address the issues that affect the demand side – buyers. Failing to address the buyers issues, would be detrimental to the revival of the sector which, in turn, is critically linked to the revival of the economy at large.

Column Swapna More, Kagaay

Prop-tech scenario post covid as compared to pre- Covid

For generations, real estate leaders were cautious in changing their business models. But in recent years there has been a significant change. So far the numbers have been on the lower side, but Covid 19, has initiated companies to adopt digital solutions at an unprecedented pace. According to a survey, digitisation is taking precedence across the sector and more than 90 percent of the occupiers and developers are aiming to bring a technological shift in their business operations within the next five years.

Policy Contract

Coronavirus declared Force Majeure; builder & buyer concerns juxtaposed

The real estate developers had a sigh of relief when the Government of India heeded to their demands for declaring Coronavirus hit construction under Force Majeure. The Union Finance Minister Nirmala Sitharaman assured the sector to issue an advisory to States and Union Territories and their regulatory authorities to extend the registration and completion date Suo-Moto by six months for all registered projects expiring on or after March 25, 2020 without individual applications.

Reports Covid-19 Affecting Housing Sale, Coronavirus Affecting Property Sale, Anuj Puri, ANAROCK Property Consultants, Housing Sale in Top 7 Cities

78,000 unsold homes ready in Top 7 cities; MMR & Pune have 45% share

The COVID-19 lockdown has accelerated technology-led homebuying in India, making it possible to inspect properties online as well as negotiate and finalize deals. Virtual site visits are now a firm reality and a large chunk of the property selection and purchase process can now be done digitally.

Market Rating Noida Extension Property, Greater Noida West Property, Properties in Noida Extension, New Launches in Greater Noida West, Investment in Greater Noida West, Builder Buyer Conflict, Buyers Protest in Noida Extension, Project Delays in Noida Extension, Affordable Market of Delhi NCR, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Why are Noida Extension buyers sulking?

Track2Realty has in its possession various exchanged mails between the buyers and the builders which not only defies any civilized business correspondence but is also in contravention with the law of the land.  In one such mail with a delayed project for more than three years, the builder has the audacity to put on record that they would refund only with some deductions, forget about delayed penalty. Incidentally, the builder has accepted unaccounted cash with the said buyer and hence the buyer knows the real fallout of the exit.

Market Rating Tardeo Mumbai Luxury Housing, India's Costliest Property Market, Most Expensive Housing Market, Luxury Housing Market, ANAROCK Property Consultants, Anuj Puri

Mumbai’s Tardeo leads India’s top 10 most expensive housing locations

Even as India’s middle-class grapples with the prospect of an uncertain future in their careers and financial ability – the main drivers of housing demand – the rise of India’s super-rich continues unabated. According to Credit Suisse report, there were an estimated 3.42 lakh dollar-millionaires in India as on mid-2018 who collectively held around USD 6 trillion. It is forecast that 5.26 lakh Indian dollar millionaires’ wealth will be around USD 8.8 trillion by 2023. Market fluctuations make very little difference to the personal networth of these individuals.

Editorial Festival Season in Property Market, Ganesh Chaturthi and Property Purchase, Festive Deals in Real Estate, Home Buying in Festive Seasons, Festive Offers in Property market

Will govt. light Indian housing sector’s festive lamp?

Traditionally, the festive quarter fares better than the previous quarters of the year when it comes to housing sales – the combination of religious sentiment and festive deals and freebies is a potent mix during this part of the year. For instance, Q4 2015 saw 70,000 homes sold in the seven major cities. However, as tempting as it was for developers to believe that this was an unshakeable performance standard, it was certainly shaken just a year later. After demonetization (DeMo) was announced in this critical quarter in 2016, housing sales halved to 32,100 units.

Analysis NRI Investment, NRI Property Investment, NRI Investment in India, Real Estate Returnsd on Investment, Real Estate ROI, Real Estate Versus Gold, Real Estate Versus Equities

Indian housing a good hedge in troubled times for NRI investors

Indian real estate is still a viable and fairly safe long-term investment option. Investors with a short-term view on ‘instant returns’ need to look elsewhere, but most other asset classes are quite volatile in nature and will continue to remain so.  Indian residential real estate is a long-time favourite of resident Indians and NRIs, and recent trends suggest a positive outlook for this asset class going forward. Property prices have bottomed out and cannot possibly reduce further, especially since construction costs are gradually heading north.

Reports Branded Housing, Luxury Housing, Organised Real Estate in India, Best Real Estate brands, Brand Value of House

Branded housing share increases to 56% of overall supply

Highly-established developers are known to conduct careful research on their locations and are therefore able to pinpoint the most happening growth corridors. They know what product works best, and where it works best. While end-users are assured that they are buying into a well-researched area, this fact also ‘raises the bottom’ for investors who are looking for the right product to back.

Analysis Co Working Space, Co Working Space in India, Success of Co Working, Investments in Co Working, Trends in Co Working, Innovations in Co Working

Huge investments enabling co-working spaces to scale up and innovate

Over the last few years, co-working spaces have gained popularity with start-ups, small and medium enterprises (SMEs) and large corporates. Unlike the traditional business centres, co-working offices offer unique amenities such as a gymnasium, spa, a food court, gaming zones, sleeping pods, crèche services etc. These attributes have helped popularize co-working spaces among employees, entrepreneurs and corporates alike.

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