Browsing: Consumer Connect

Consumer Connect
Real estate accepts reality of declining sales & high prices in 2025

After influence peddling with a false narrative of ‘All is Well’ for so long the built environment of Indian real estate has finally conceded to the reality of headwinds. At the beginning of the yeart 2025 a section of stakeholders are accepting for the first time that declining home sales and high prices are going to hurt in the year ahead. However, they are yet to come to terms with their own faultlines. Track2Realty questions whether talking about the need to lower home loan interest rates and some concessions with the upcoming Union Budget is going to make any tangible difference.

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Consumer Connect
Consultants for ornamental value to India’s Housing Ministry?

Are you aware that the Housing Ministry of the Government of India is spending an exorbitant amount of money for your welfare? You may be having many grievances with the ways & means of Indian housing and urban development; how they fail to address the core issues. But when you get to know that the Government of India has many white elephants employed with the ministry at the cost of tax payers’ money, it only adds insult to your injury. After all, PPT presentations and high-flying proposals on paper is not going to change anything for a common man.  

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Consumer Connect Home Buyers' Refund, Builder Buyer Disputes, Housing Project Delays, NCDRC Judgment Against Builders, NCDRC Judgment For Home Buyers, Wave Group, Wave Gardens Mohali, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist
Lengthy & costly litigation helps builders to define law as per their fancy

Despite several rulings defining the set principles of law, the builders continue to define law as per their fancy. After all they are fully conscious of the fact that the poor home buyers have limited resources to get into lengthy and costly litigation. The omissions by the lower courts more often than not emboldens these builders.  Ravi Sinha reports about another landmark ruling by the apex consumer court, NCDRC (National Consumer Disputes Redressal Commission).

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Due Diligence Defining Demand, Defining Real Estate Demand, Defining Housing Demand, Due Diligence in Real Estate, Demand Assessment in Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalist
Why can’t home buyers define demand for the real estate projects?

At a time when there is a mad rush to launch new projects in & around the airports across the cities of India, a developer in Bengaluru opted to go in the diametrically opposite direction. Prima facie, what appeared to be a case of finding a better or affordable land parcel in that given location of South-West Bengaluru had a strategy that very few adopt in the business of Indian real estate. The strategy to define demand through scientific research. The demand in the market was assessed with consumer psychograph study – what consumers want; what they need; where are the gaps; and how a new housing project could fill in that gap.

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Consumer Connect
How do you assess the true value of your house?

The market price of property in India is not always in sync with its intrinsic value. The home buying experience of Rajesh Kalra, a professional in Mohali, soured at the time of possession. He had negotiated with the builder and till that point of time believed that with his negotiation skills he made a good bargain for the same. But once in the house he got to know through the neighbour next door that the other person bought at around INR 4 lakh lesser price.

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Consumer Connect Time The Market, Timing The Market, Right Time to Buy House, Right Time to Property Purchase, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal
Can home buyers time the real estate market?

When you read in the media that the housing market is on fire, you get pessimistic with FOMO (Fear of Missing Out) gripping your investment strategy. When the market speculators suggest the house price might drop, you rush to sell and/or put your buying decision on hold for a better deal. Track2Realty analyses whether home buyers can time the market.

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Consumer Connect
Is there any custodian of due diligence in Indian housing?

Housing project is approved by the government agency; RERA; and banks & financial institutions! Shouldn’t this be enough to instil confidence of the home buyers that the housing project is safe to invest? How could otherwise a builder with poor execution capabilities or fiscal imbalance cross the three eyes of scrutiny and dodge the bullet at each and every level of checks & balances? Track2Realty questions as to who is the custodian of due diligence in the housing market?

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Consumer Connect Senior Living, Association of Senior Living in India, ASLI, Senior Living in India, Senior Housing in India, Assisted Living in India, Senior Citizens, Senior Care, Senior Housing Report, Senior Housing Market, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Real Estate Journalists, Best Real Estate Website, Best Property Portal
Indian senior living market potential to touch USD 12 billion by 2030

The median age of the country is likely to gradually increase from about 29 to 38 by 2050. Similarly, the proportion of aged people (above 60 years) is likely to increase from about 11% in 2024 to 21% in 2050. At the global level, over the next three decades (by 2050), of the 2.1 billion people above 60 years, India would account for a 17% share indicating a significant demand growth for senior care including housing in the country.

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Consumer Connect
Mothers’ quest for social security catalyst to property buying

Mother’s Day & property market! The topic has been debated the world over and it has mostly revolved around whether a house could be a perfect Mother’s Day gift. Or else whether one should buy a house near mother’s place. However, mother as a factor in the property world is not just confined to a limited scope of her being a recipient or just an emotional comforting factor. In fact, she has always been an influencer and with economic independence is fast emerging as a catalyst to property buying. On this Mother’s Day Track2Realty explores as to how much the mom factor is “the factor” in the property market. 

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Consumer Connect RERA 7 Years, RERA, RERA India, Real Estate Regulator, Real Estate Regulatory Authority, Real Estate Regulation Act, RERA Advantages, RERA Benefits, RERA Failures, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalists
7 years of RERA; 7 unaddressed questions

It was conceptualised to clean the opaque ecosystem of Indian real estate; was touted to be the biggest reform of the sector; and expected to enhance the home buyers’ confidence index. But seven long years after the enactment of the Real Estate Regulatory Authority (RERA), it has still not evolved as a stamp of trust for the harassed home buyers. RERA’s tryst with trial & error has not only dented the confidence of the home buyers but also lent credence to the perception that complaint with RERA rather gives an edge to the builders. After all, RERA has been relegated to be the balancing act for both the builder and the buyer. A Track2Realty analysis.

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