Track2Realty Best Practices Report 2019, Real estate best practices, Best practices in real estate, Sobha tops best practices, Best practices of Indian companies, Corporate sector best practices, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property, Track2Realty

Sobha strengthens its best practices, Embassy jumps into top 3

In the second edition of evaluating the best practices being followed in the Indian real estate, Bangalore-based Sobha Limited has yet again maintained its leadership position. As a matter of fact, it has improved its performance, compared to first study with Track2Realty best Practices Report 2017.

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GST Rate Cut, GST on under construction properties, GST on ready to move properties, GST on home purchase, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

GST cut hype; homes not affordable

This home buyers’ outburst over the media hype & industry reaction with reference to reduced GST is not an exception. Across the country the home buyers are questioning how the GST reduction has made the houses affordable in the cities where the jobless growth is fast turning into job loss de-growth. This is over and above the fact that the property prices are way beyond the affordability index.

Slum and Luxury, slum redevelopment in Mumbai, Luxury apartments on slum land, Changing face of slums, Housing for slum dwellers, India real estate news, Indian property market news, Track2Media Research, Track2Realty

Is redevelopment answer to affordable housing?

The Indians seem to be quite aware of the challenges of mass housing, as is visible with nearly half of the respondent, 48 per cent questioning when land acquisition is going to be tougher how housing for all will be a reality.

HNI Money, NRI Money, HNI property investment, NRI property investment, Commercial property investment, ROI of commercial property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Colliers Research

HNIs prefer commercial over residential owing to higher yield of 7%-8%: Colliers

About 40% of all the new launches in 2018 were under the affordable segment. Cities such as Bengaluru, Chennai, Hyderabad, Kolkata and NCR witnessed maximum launches in the affordable segment that is below INR5 million. Mumbai on the other hand witnessed more launches in the mid segment housing, in the range of INR 5-10 million.

GST, GST on Property, GST on Home Buying, GST on Under Construction Property, GST on Ready to Move Property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in property

Major implications of the GST rate cut

This is a major push to the housing sector as aspiring home buyers now have a wider range of options to choose from. Additionally, developers would be enthused enough to commit towards offering more residential options in the affordable category.