Browsing: Residential

Headlines Unsold Housing, Ravi Sinha, Demand Supply Mismatch, Housing Crisis, Puravankara, Abhishek Kapoor, Axis Ecorp, Aditya Kushwaha
Unsold ready to move inventory poses greatest threat to realty

Isn’t it ironic that in a housing market like India where the predominant demand is for ready to move houses, this segment too has a record unsold inventory standing. As per the statistics, out of the total 7.85 lakh unsold inventory, nearly 20 per cent are ready to move. Mind you! We are only talking about the top 8 cities of India. A cumulative figure of pan-India unsold ready to move housi9ng inventory would look even more scary.

Headlines Real Estate Market Trends, Residential Real Estate Trends, Trends in Housing Market, Property Data Missing, Authentic Reports in Real Estate
Macro trends in residential may be misleading

First, residential project delay is not a pan-India phenomenon and only limited to major metropolitan cities of Delhi NCR and Mumbai in terms of quantum as well as value of projects. Second, the slowdown in completion of projects is not across the entire spectrum of housing categories but significantly visible in upper-mid and premium categories. What is needed is perhaps a push from the government and funding agencies along with a strict code of conduct among developers which will improve the situation. Going forward, developers should take cognizance of the situation at hand and accordingly realign their marketing strategies so that their launches are in sync with people’s affordability and demand.

Headlines Stuck Up Housing Projects, Delayed Housing Projects, Delivery Failure of Houses, Housing Delays in India, Housing Defaults in India
Govt lifeline may rescue over 2.5 lakh stuck housing units in top 7 cities

There is no simple yardstick to calculate the exact number of units and the actual funds that are needed to complete them. Each delayed project is different in size, stage of completion, city and micro-location, etc. Also, various methodologies are used to reach an approximate number. After considering the government’s caveats – non-inclusion of projects under NCLT, and inclusion of mid and affordable units only, ANAROCK has shortlisted units launched in 2013 or before. 

Headlines Dosti Realty, Dosti West County, Thane Property Launches, IKEA Furnished Homes, Interior Decoration in Apartments, Fully Furnished Homes in Thane
Dosti Realty offers IKEA furnished homes with ‘Dosti West County’

Under this offer, buyers who will be purchasing home in any of the two towers of Dosti West County i.e Dosti Oak (Phase-1) a 30 storey tower and Dosti West County – Dosti Cedar (Phase-2) a 33 storey tower with the configuration of 2 BHK and 3 BHK will not only be entitled to get the benefit of furnished homes by IKEA, but will also be able to avail the benefit of ‘No Stamp Duty and Registration Charges’ which will be valid till August 5, 2019.

Headlines Provident Sunworth, Provident Housing, Puravankara Projects, Best affordable housing, Affordable housing case study, Investment in affordable housing, Best affordable housing in Bengaluru, India real estate news, Indian realty news, real estate news India, Indian property market news, Investment in property, Investment in Bengaluru, Track2Realty
Mid-market housing mainstay of residential sales

The share of mid-market houses costing INR 20-50 lakh in the overall residential sales in the country has been progressively rising, touching an all-time high of 42 percent of total transactions in the second half of the current financial year 2018-19, according to data released today by India’s largest marketplace for new homes Square Yards.

Finance india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property
2018 marks steady rise in investor interest in Indian housing

This growth is witnessed across five major cities – Mumbai, Gurugram, Noida, Bengaluru and Pune, where 4000 homebuyers were surveyed by 360 Realtors to understand buying trends. One of the key driving factors for the increase in investor interest is the impact of policies such as RERA. Assured rentals and EMI payouts after possession, offered by developers have also significantly boosted investor confidence.

Company News Peninsula Land, Piramal, Rajeev Piramal, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty, Piramal luxury, Piramal affordable housing
Peninsula Land forays into affordable housing

Peninsula Land Limited has forayed into the affordable housing segment with the launch of its new project `addressOne` located at Gahunje, Pune. Spread across 50 acres, addressOne is strategically located on the Mumbai-Pune expressway on the Pune side, next to the MCA cricket stadium.

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