Search Results: real estate market (2793)

Headlines Fast Track Court, Speedy Justice, Real Estate Cases, Property Cases, Real Estate Disputes, Property Disputes, Home Buyer Rights, Home Buyer Disputes, Home Buyer Cases, India Real Estate News, Indian Property News, Real Estate News India, Best Property Portal, Best Real Estate Website, Property Journalist, Real Estate Journalist

Fast track courts needed for speedy disposal of property disputes

On being asked about the vicious cycle of trust deficit in property market, a Dubai RERA member interrupts me. He asserts there is instead a virtuous cycle of trust; something that has goaded nationals of 100 plus countries to invest in the emirates. The reality is that Dubai property market was no different than the Indian real estate till 2008. What changed Dubai property market and where India can learn from emirates is in setting up fast track courts. A Track2Realty report.

Headlines

Labelling honest journalism as anti-builder

It’s not that I don’t stand with the builders where the support is due on principled ground. I can easily recall how in the year 2017 I had to stand by a builder who was being harassed by the powerful CEO of a powerful development body. The bureaucrat had demanded one apartment, and denial led to bulldozing over the project boundary walls much after grant of OC & CC. As a journalist, I was with the builder for a sting operation and also sent him to a couple of TV news channels to air his grievances. The officer’s troll army had a field day against me, but I stood my ground till the bureaucrat was transferred. Will an anti-builder journalist do that?

Policy Property Cancellation, Unfair Contract, Booking Cancellation Limit, Godrej Properties, Godrej The Summit, Supreme Court Judgment Against Godrej Properties, Godrej Home Buyers, Godrej Buyers' Protest, Godrej Properties Review, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Property News, Best Real Estate News, Real Estate Journalist, Property Journalist

Supreme Court caps property cancellation penalty to 10% of base price

In a landmark judgment the Supreme Court has said that the builders can now only deduct up to 10% of the base price for cancellations. A bench of Justice B R Gavai and S V N Bhatt said that the contractual terms which are one-sided, unfair and unreasonable can not be enforced and would constitute unfair trade practice. Unfortunately, the judgment has not been delivered against any small-time builder, but the corporate conglomerate Godrej Properties, which argued that it should be allowed to forfeit 20% of the amount as per agreement with the buyer. Track2Realty finds there are even larger questions that remained unanswered about builders’ arbitrary cancellations, forfeit of money and unfair contract.

Policy

Union Budget 2025 aimed at headline management & garnering likes

The Union Budget 2025, ahead of a few significant Assembly Elections, quite obviously aimed at headline management & garnering likes. And to a large extent the Finance Minister & Modi Government succeeded in this, since the most vocal middle class of India finally got something to cheer about. However, the larger issue is whether the Personal Income Tax exemption level up to an income of INR 12 lakh going to change the household realities of the shrinking middle class of India. More importantly, will it lead to consumption and asset creation, and that too of a high value asset like real estate.

Advocacy Real Estate Influencer, Real Estate Influencer India, Property Influencer, Property Influencer India, Fake Property Influencer, Fake Real Estate Influencer, Social Media Influencer, YouTube Influencer, Influencer, India Real Estate News, Indian Realty News, Real Estate news India, Indian Property market News, Best property Portal, Best Real Estate News Website, Real Estate Journalist, Property Journalist

Is there any regulatory framework for property YouTube influencers?

The news of SEBI crackdown on YouTuber Ravindra Balu Bharti for illegal investment advisory services has come as a reality check for many influencers. These influencers are offering unregistered and more often than not paid investment advice by the vested parties. But financial influencers or Finfluencers, as they say, are not the only influence peddlers that need to be checked. The property influencers, or Propinfluencers, are even greater threat. After all, one invests in stock market with surplus money where amount is much lesser than one’s investment in property that is life’s costliest purchase and mostly with borrowed money. Ravi Sinha questions why there is no regulatory framework for property influencers.

Industry Movement Deepak Rastogi, Puravankara Limited, Neeraj Gautam, India Real Estate news, Indian Realty News, Real Estate News India, Indian Property market News, Ashish Puravankara, Best Property Portal, Best Real Estate News Website, Real Estate Journalist, Property Journalist

Puravankara appoints Deepak Rastogi as Group CFO

Deepak Rastogi brings over three decades of extensive experience in finance, strategy, and transformation across diverse industries and international markets. He has held leadership positions, including President & Group CFO at Deepak Fertilisers and Petrochemicals Ltd. and President & Group CFO at TATA Autocomp Systems Ltd. His expertise encompasses driving profit and loss, growth strategies, mergers and acquisitions, digitisation, and enterprise risk management.

Headlines Real Estate Outlook 2025, Real Estate Forecast 2025, Home Buyers in 2025, Property Market in 2025, Home Buyers' Survey, Home Buyers' Outlook, Housing market Affordability in 2025, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist, Property Journalist

Affordability curve tilted against home buyers in 2025

On a scale of 0-100, the Housing Sentiment Index has been noted to be just 18; with 82% Indians categorically believing that housing is just not affordable to them. A vast majority of them, as many as 80%, believe it would take no less than 10 years of their gross income to afford a house in any of the leading Indian cities. The global benchmark is 5 years of gross income with not more than 40% of take-home salary. But 78% Indians believe it would take no less than 60% take home salary to buy a house in India.

Consumer Connect Home Buyers' Refund, Builder Buyer Disputes, Housing Project Delays, NCDRC Judgment Against Builders, NCDRC Judgment For Home Buyers, Wave Group, Wave Gardens Mohali, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist

Lengthy & costly litigation helps builders to define law as per their fancy

Despite several rulings defining the set principles of law, the builders continue to define law as per their fancy. After all they are fully conscious of the fact that the poor home buyers have limited resources to get into lengthy and costly litigation. The omissions by the lower courts more often than not emboldens these builders.  Ravi Sinha reports about another landmark ruling by the apex consumer court, NCDRC (National Consumer Disputes Redressal Commission).

Advocacy Uniform Builder Buyer Agreement, Uniform BBA, Model Builder Buyer Agreement, Supreme Court on Model Builder Buyer Agreement, Unfair Contract, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalists

Will Indian home buyers finally have Uniform Builder Buyer Agreement?

Uniform Builder Buyer Agreement (BBA) has been the demand of Indian home buyers for long. In the absence of it, while the home buyers were being harassed by the unscrupulous builders, the sector was at the receiving end of poor perception in the collective consciousness. Track2Realty evaluates whether a Model Builder Buyer Agreement will be a reality after the repeated interventions by the Supreme Court of India.

Reports Asia Pacific Office Report, Colliers Report, Asia Pacific Office Demand, Asia Pacific Office Supply, Asia Pacific Office Absorption, Asia Pacific Office Occupiers, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist

Asia Pacific office demand surges 10.7% as occupiers chase ’flight to quality’

India, New Zealand, and Singapore saw annual leasing growth of over 30% in Q3 2024. Demand across the top 11 countries in the APAC region rose by 10.7% YoY, reaching 2.2 million sqm (23.7 million sq ft) in Q3 2024. India continued to lead APAC office market activity, driving over 70% of the total demand during Q3 2024. The Asia Pacific office market is predicted to grow in 2025, with new Colliers’ data showing demand across top markets surging 10.7% year-on-year (y-o-y) in the third quarter of 2024.

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