Tata Value Homes Limited, a 100% subsidiary of Tata Housing Development Company Limited, announced its entry into Delhi NCR’s Affordable Housing market with the launch of ‘New Haven’ in Bahadurgarh.
Over the past decade, the Pune hotel sector has emerged a formidable competitor to other the hospitality markets in the country, growing from a negligible base of branded hotel rooms in 2005 into becoming one of India’s top five hotel markets in 2014. Over the course, it has weathered multiple storms ranging from significant supply increases to multiple bouts of economic uncertainty, both globally and regionally.
It is an interesting reality that most developers will not consider a purchase inquiry as legitimate unless the lady of the house in attendance. This fact speaks volumes, and deserves in-depth analysis. The plain fact is – when it comes to choosing and buying a home, the ‘male prerogative’ – in any case a rapidly dying concept in today’s world – takes the back seat.
Mahagun has launcheded the unique concept of luxury housing – The ‘M Collection’. Each of the properties of Mahagun will have a select number of units set aside for the high net-worth individuals and customers looking forward to a lifestyle and living in a home, which is designed in accordance with the standards of luxury living and exuberance worldwide.
Supertech Limited has launched a township project, Hill Town at Sector 2, Sohna Road, Gurgaon. The company is investing Rs. 1,000 crores in this township project and Rs. 4,000 crores in all its projects in Gurgaon.
What needs to be done to ensure that Real Estate Investment Trusts (REITs) get to be the game changer? In India, we have seen ‘pious thought’ and ‘positive thinking’ not always being supplemented by positive action on part of the ‘powers that be’; be they regulatory authorities or the taxation authorities. Challenges which need to be addressed include different rates at which stamp duties are levied, for purchase and sale of assets across various states in India. Potential exists; making it a reality is the challenge.
Pune continues to draw massive lot of interest from luxury home seekers, both from within the city and from Mumbai and beyond. The reasons are not to arrive at find:
Sobha Limited has launched Sobha Halcyon in Whitefield (East Bengaluru). The 3 acre project will have just 1 tower of Ground+21 floors consisting of 175 exclusive luxurious apartments, divided into 2 wings. The project will have 3 BHK units in the range of 1,536 to 1,865 sq. ft. Even though the project is located in one of the busiest areas in the city, it is designed to provide peace and tranquillity throughout the day.
Track2Realty Exclusive: The property markets of the financial capital Mumbai and the political capital Delhi has always been exposed to the reality that it is the expat Indians, the working class professionals, who are the key demand drivers of property. However, in the last over a decade or so this outlook on the migrant work force has become a pan-India phenomenon.
Track2Realty: Home buying is one of the most significant financial investments, and it is natural that one would be concerned about the worth of this investment. Consequently, one should take one’s time to do proper research when one is purchasing a property.