Search Results: real estate sector (2176)

Project Launch Provident Bayscape, Provident Housing, Provident Project in Chennai, 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, Property Journalists

Provident Housing to launch Provident Bayscape in Kelambakkam, Chennai

Spanning 5.35 acres, the project offers 676 residential units in spacious 2 and 3-bedroom configurations spanning four towers. The size of 2 BHK units ranges from 993 sq. ft. to 1,107 sq. ft., and 3 BHK units between 1,309 sq. ft. and 1,424 sq. ft. Homes in Provident Bayscape are vaastucompliant and feature several design aspects unique to Chennai residents’ needs, including designated‘Kolam’ area, dedicated ‘puja’ space, and a separate handwash area.

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.

Policy

Is UP Government tightening the noose around erring builders?

The question here is why are these builders not executing registries even after obtaining the OC (Occupancy Certificate) & CC (Completion Certificate) from the authorities concerned. The fact is that these smart developers delay & often deny registries to the home buyers to get maintenance of society when it is not registered. They continue to charge hefty amount in the name of society maintenance. Add ot it, revenue that they get from inflated power bills. After the registry of the apartment, majority of apartments buyers are free to form AOA (Apartment Owners’ Association). 

Advocacy RERA Members, RERA, Real Estate Regulation Act, Real Estate Regulatory Authority, RERA Success, RERA Failures, RERA Judgments, RERA Non Compliance, India Real Estate News, Indian Realty News, Real Estate News India,India Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Is RERA a rehabilitation center of ex bureaucrats?

RERA is yet again under the scanner after the Supreme Court of India questioned whether it is a rehabilitation center of ex bureaucrats. The functioning and performance of RERA, or rather lack of it, has been challenged at each and every level in now nearly 8 years of its existence. A Track2Realty report. Wait! I am not giving any opinion. My opinion is already there in the public domain. Now the Apex Court in the country, the Supreme Court of India is saying so. I have always maintained that the very purpose of RERA was defeated when the ex-Bureaucrats were made the Chairman and members.

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.

Advocacy

Government idea of LTCG Tax simplification is too complicated for Indians

Very few budget announcements in recent past have raised as many queries as the LTCG (Long Term Capital Gains) Tax. After all, it concerns all of us, the common citizens of India, whether they are lower class or middle class. For the rich, it has always been a case of more tax reliefs than burden. Track2Realty is regularly getting queries with the underlying worry as to whether the LTCG Amendment makes the tax computation simpler or more complicated.

Reports Office Rentals in India, India Office Rents, Office Space ROI in India, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News India, Real Estate Journalists

Average rents across all the top six office markets have breached pre-pandemic levels in 2024

In the post-pandemic era, demand recovery in the office market has been swift, following a steep ‘V-shaped’ recovery trajectory. After subdued demand in 2020 & 2021, leasing activity had fully bounced back by 2022. In fact, since 2022, each year has been witnessing new all-time-high Grade A office space uptake at India level. With strong, consistent demand, average rentals have also surpassed the pre-pandemic levels (2019) across all the six major office markets for the first time in 2024. The rental recovery in the Indian office market, albeit relatively slower than the demand recovery trajectory has finally been fully complete, thus forming an elongated ‘U-shaped’ pattern.

Reports Property Price Rally, Property Price Rally in India, Property Prices in India, Costliest Property Market, 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 Journalists

Delhi-NCR leads the property price rally with 57% YoY growth: PropTiger.com Report

The western cities of Ahmedabad and Mumbai, along with the southern tech hub of Bengaluru, all experienced healthy price appreciation in the 15-21% range whereas Chennai in south and Kolkata in east saw robust growth of 22% compared to the previous year, indicating strong economic activity and housing demand in these metros. This trend points to sustained demand in these economically vital centers. Pune, often seen as a more affordable alternative to Mumbai, also saw an 18% increase, suggesting it’s maintaining its appeal for homebuyers while still seeing significant price growth.

Beyond Headlines Senior Living Conclave, ASLI, Association of Senior Living in India, Senior Living in India, Senior Housing in India, Assisted Living in India, Life After Retirement, Ashiana Housing, Ashiana Amodh, Ankur Gupta, 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 Journalists

Ashiana Amodh & Weikfield organise Senior Living Conclave 2024

Ashiana Amodh in Talegaon, Pune, is designed to make it even more exciting. Well, connected to both Mumbai and Pune via the Mumbai-Pune Expressway, Ashiana Amodh offers a peaceful retreat amidst the natural beauty of green hills and the Indrayani River. With clean air, pleasant weather, and scenic views, it is an ideal destination for retirees seeking an active lifestyle in nature. Spread across 11.93 acres, Ashiana Amodh features 1/2/3 BHK premium residences and a 19,000 sq. ft. clubhouse with modern amenities like a yoga lawn, swing plaza, acupressure pathway, swimming pool with jacuzzi, gym, card room, music room, art & craft and reading room, ensuring seniors lead a vibrant, fulfilling life. The Senior Living Conclave 2024 highlighted the growing potential of senior living, and Ashiana Housing’s ongoing efforts are shaping a brighter future for the senior community.

Reports Luxury Housing, Luxury Housing in India, Luxury Housing Demand in India, Luxury Housing Supply in India, Luxury Housing Absorption in India, Luxury Housing Sales in India, 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 Journalists

Luxury home sales surge 37.8% in first nine months of 2024

The surge in demand for luxury housing has been primarily attributable to a growing preference among affluent buyers for enhanced amenities and more spacious living areas that complement their multifaceted lifestyles. Moreover, the increasing aspirational class has significantly contributed to the increased demand for luxury properties. Furthermore, the rise in NRI and astute domestic investors in the Indian real estate market has considerably fueled the heightened demand for luxury residences.

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