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Headlines Stressed Home Buyer. Sulking Home Buyer, Builder Buyer Conflict, Housing Delays in India, Unsold Housing Inventory, Ready to Move Property in Demand, Under Construction Property
How can home buyers trust real estate again?

The Indian housing market is a vicious cycle of broken promises, trust deficit, sulking participants and non-delivery. Statistics only tell you half the story. For the developers, market trackers and the government agencies it is all about numbers – how many units have not been delivered. What these raw statistics don’t tell you that there is a sordid saga of drying emotions of one family with each housing unit. Probably the stakeholders are least bothered about the plight of an average middle class home buyer who has exhausted his lifetime savings, taken up home loan and now reeling under the burden of both the EMI and the rent.

Headlines Sobha Dream Heights, GIFT City Gujarat, Property in GIFT City, Residential Property in GIFT City, Sobha in GIFT City, Talest Building in GIFT City
SOBHA launches Gujarat’s tallest residential building in GIFT City

GIFT City is located on the banks of Sabarmati River, connecting the business capital (Ahmedabad) and the political capital (Gandhinagar) of Gujarat State. It is spread over 886 acres of land. It features world-class infrastructure such as district cooling system, underground utility tunnel, automated waste collection which are being implemented first time in India. The city is designed for walkability and includes commercial, residential, school, club etc. Presently, around 200 companies are operational at GIFT City, employing around 9,000 people.

Headlines Indian Flag, Independence Day Special, Indian Real Estate Post Independence, Housing For All, Real Estate Reforms, History of Indian Real Estate
72 years of independence – A bittersweet dawn for India’s housing sector

It was not the magic wand it was hoped to be. However, over the past two years, the Real Estate Regulatory Act (RERA) has brought more sanity – and the return of consumer power – than seemed possible in such a short time. The real estate sector is still struggling with it and the Act is very much work-in-progress in many states, but RERA nevertheless hangs like a sword of Damocles over a previously unregulated industry. Eventual compliance across the board seems inevitable.

Headlines Kashmir Property, Real Estate in Kashmir, Property Prices in Kashmir, Article 370 Abolished, Property Prices After 370 Abolition
Are you serious about Kashmir real estate Mr builder?

I am today seriously wondering whether all the celebrating and self-congratulating developers have indeed got “Exclusive” draft of the policy of land acquisition in Kashmir? Does it include construction facing Dal Lake of Srinagar that is Green Belt? Have they done their business calculations and cost & benefit analysis over there? There are more questions than what the builders could answer at this point of time. But what could be vouchsafed is the fact that all these euphoric overtones are premature. None of the industry voices from the matured sectors with more potential to pull off in the State have displayed this kind of immaturity.

Company News One Park Avenue, Sobha Hartland, Dubai Properties, Sobha Realty, Sobha in Dubai, Top Brands of Dubai Property, Indians Investing in Dubai
Sobha Realty announces impressive sales value of AED1 billion

Dubai has always been a popular destination for Indians, not just for vacationing and shopping, but for the overall aspirational lifestyle it offers. Due to Dubai’s diverse population and cosmopolitan lifestyle, the city offers its residents and businesses a unique environment enriched with hundreds of cultures and a quality of life and work unrivalled in the Middle East.

Headlines Affordable Housing, Affordable Housing Shortage in India, Affordable Housing Demand in India, RICS Knight Frant Report on Affordable Housing, Investment in Affordable Housing, Private Equity Trends in Affordable Housing
Additional 25 million affordable units will be required by 2030, estimates RICS – Knight Frank Report

Construction for 4.9 million units has begun and 2.6 million units of which have been completed. Given the past trend, additional 1.64 million houses are likely to be sanctioned by December 2019, making it highly possible to achieve the 10 million houses target by 2022. Projected subsidy disbursement over next 3 year for the same is projected to INR 1 trillion.

Headlines Real Estate Brands, Realty Branding, Branded Real Estate, Branded Property Developers, Brand Ranking, Brand Rating, Real Estate Brand Evaluation, Track2Realty BrandXReport
Post DeMo and RERA, branded developers dominate with 53% of new housing Supply in H1 2019

ANAROCK research indicates that out of the total new supply in H1 2019 – approx. 1,39,480 units in the top 7 cities – over 53% (73,930 units) were launched by branded developers, and 47% by non-branded entities. In H1 2018, branded developers’ share was 52% and during H1 2016 – before DeMo and RERA – non-branded developers had a 60% share (approx. 95,600 units) of the total of 1,59,090 newly-launched units in the top 7 cities. Branded developers accounted for 63,490 units (40%) of the total supply in the period.

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