Author Track2Realty

Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless. Now you can subscribe our YouTube Channel @ https://www.youtube.com/channel/UClwlWQn4MUB7uVbQKsNEJzg

Reports Indian Real Estate News, Indian Property Market News, Festive Survey, Real Estate in Festivals, Festive Property Buying, Auspicious Home Buying

Home buyers expect price appreciation on festive season

The months before the festive season are generally lull for the property market. Indians are mentally wired to buy the high valuables on the auspicious dates during the festivals. However, this seems to be changing in the property market this time around, as economic rationale indicates preference over religious beliefs. The vast majority of the home buyers anticipate price appreciation during the festive season.

Consumer Connect K Shape Recovery, Real Estate Recovery, Real Estate ROI, Real Estate Returns, Real cEstate Appreciation, Indian Real Estate, Indian Property Market

K-shape real estate recovery – boon or bane?

Post Covid, the Indian real estate is witness to a K-shape recovery where the listed & larger players are increasing their market share at the cost of smaller ones. Prima facie, what sounds like a market-linked reform, have concerns & repercussions that run much deeper. Is the current criterion of assessing a market with fiscal performance justified? Can only a handful of branded developers be the answer to India’s housing woes, questions Track2Realty.   

Headlines USA Housing Market

US Housing Market slowdown a worry for India?

The report of an impending housing recession in the US housing market is a worrying factor for a section of analysts in India. As per the reports coming out of the US market, the pricing remains firm but the sales have slowed down. As per a report by the NAR (National Association of Realtors), the home sales have slowed down for six consecutive months in July. Track2Realty reports.

Commercial CBD Office, CBD, PBD, Commercial Property Returns, Real Estate ROI, Real Estate Returns, Retail Spaces, Office Spaces

ROI with commercial spaces of CBDs changing

Should businesses continue to operate out of old jaded buildings at the heart of the city? Is it more convenient for the commercial activities to move to the upscale swanky offices on the periphery locations where the cost of doing business per square feet is much lesser? Is ‘Walk to Work’ only a city center reality across the urban pockets? These are the subjects of serious discussions across the built environment of commercial real estate world over, finds Track2Realty.

Consumer Connect Disclosure Standards, Real Estate Disclosure Standards, Real Estate Due Diligence, Escalation Clause, Price Escalation Clause, Uniform BBA, Builder Buyer Agreement, Advocate Nirmit Srivastav

Trust deficit in absence of disclosure standards & uniform contract

This is not a one-off stray incident of cheating in the housing market in this part of the world. Srikanth had a similar experience with the Gurugram-based developer when he wished to sell out his much-delayed under-construction property due to medical emergency in the family. The developer refused to transfer the property in the name of the new buyer. He instead offered him to buy back the said property at three years old price when Srikanth had booked the apartment. The choice for this harassed home buyer was to either forget about the appreciation or else get into a costly and lengthy litigation.

Consumer Connect Bear Market, Bull Market, Real Estate Price Trends, Property Price Trends, Real Estate Versus Stocks, Real Estate Price Index, Property Price Index, Aditya Kushwaha, Axis Corps, Puravankara Limited, Abhishek Kapoor

Is a Bear Market possible in real estate?

Stock market is generally defined as the “Bull market versus ‘Bear Market’. In real estate, the expression has generally been all about ‘Bullish Market’, ‘Upbeat market’, ‘Wait & Watch Market’, and ‘Pessimist Market’. ‘Bear Market’ as a term has generally not been used in the context of the housing market. Track2Realty questions why? Is it because a ‘Bear Market’ is just not possible in real estate? Or is it because real estate as an asset class has an altogether different means of cost & benefit analysis.

Network Provident Housing, Provident Limited, Puravankara Limited, Bengaluru Property, Bengaluru Residential Property

Provident Ecopolitan receives overwhelming response ahead of launch

Provident Housing has garnered massive interest for its latest project, Provident Ecopolitan located in Aerospace Park in North Bengaluru. An overwhelming number of Expressions of Interest (EoIs) have been recorded ahead of the project launch on August 19, 2023. Ecopolitan has a total of 956 apartments in 1, 2 and 3 BHK configurations ranging from 625 sq. ft. to 1,427 sq. ft. with more than 60% lung spaces.

Editorial Ravi Puravankara, Ravi Sinha, Real Estate Journalist, Property Reporter, Puravankara Limited, Top Real Estate Brands, Best Realty Brands, Clean Money

No cash deal can change the face of Indian realty: Ravi Puravankara

Corporate governance & professionalism seem to be the emerging mantra of survival for Indian real estate. But the man who visualised the need for this decades back, maintains a low profile to not take any credit  as the first-mover of institutionalising Indian real estate. As the industry body CREDAI decorates Ravi Puravankara for the lifetime achievement, Ravi Sinha interviews him to understand what goaded this first-mover to adopt corporate governance.

Brand Rating Track2Realty BrandXReport 2022-23

Prestige emerges as new National Brand Leader

Prestige Group has emerged as the new Brand Leader of Indian real estate. The brand had continuously been closer to the Leadership and among the Top 3 National Brands. Brigade Group makes a giant leap and jumps from Number 5 to now the 2nd Best Brand of the business. DLF is continuously scaling up and now rests as 3rd Best Brand at the National level. Godrej Properties is losing its sheen as a Valuable Brand and slips down to Number 5 from Number 2 this fiscal year. Puravankara is also proving to be the Dark Horse of the National Brand Leadership and emerges from Number 7 to now at Number 5.

Headlines Construction Workers, May Day, International Labour Day, Labour Shortage, Labour Crisis, Labour Wages, Cost of Labour, Masonry, Carpenters

Will Labour Day be any different this year?

Shankar Mishra is a masonry worker at a construction site in Bengaluru. During the peak of the Covid-19, he was one among the thousands of workers who had no other option but to reverse migrate facing all odds. He thought at that point of time that his career as a mason worker was over. However, he had the surprise of his lifetime when the developer’s construction manager called him back and even offered to send a flight ticket for the same. Track2Realty traces the labour condition post the pandemic.

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