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Headlines Defaulter Builders, Defaulter Builders of UP, Defaulter Builders of Noida, Defaulter Builders of Greater Noida, Defaulter Builders of Gautam Buddha Nagar, Property Scam, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Property Portal, Best Real Estate Website, Real Estate Media, Real Estate Journalists, Property Journalists
Will sealing offices of defaulter builders change housing realities?

Track2Realty had only recently exposed Rudra Buildwell for deserting its group housing project Rudra Palace Heights at Greater Noida West. Around 1000 home buyers hard-earned money has been siphoned off and they have now taken the matter to NCDRC. After Track2Realty expose, builder promised the home buyers to get OC by 15 May, and this May 15th was no other year but 2025 itself. Will you get OC? Without the project being in habitable condition? It was builder’s bluff or over-confidence to manage the system and get OC?

Headlines RERA India, RERA 8 Questions, RERA 8 Years, RERA Eight Years, Real Estate Regulator, Real Estate Regulation & Development Act, RERA Success, RERA Failures, RERA Realities, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Real Estate Portal, Best Property Portal, Real Estate Media, Real Estate Journalists, Property Journalists
8 years of RERA & 8 burning questions

RERA statistics of cases resolved vis-a-vis the ground reaities of average home buyers are in sharp contrast.  The home buyers are not confident with RERA because RERA has not changed the home buying experiences of the buyers. What an average home buyer looks up to RERA is an assurance; where RERA registration number means a due diligence platform. If an average home buyer even today is being blamed for not doing his own due diligence then it is quite obvious that one would question the very existence of RERA. For an average buyer the government agencies that sanction the projects and the banks that finance the project failed to act as the custodian of due diligence. That is why RERA came into existence, at least one thought so. But RERA registered projects are today neither guarantee of timely delivery with promised amenities, nor assurance against cheating. RERA registered project means as much today as the advertised membership with any trade body like CREDAI.

Headlines
Will NCDRC Class Action Suit change broader housing realities in India?

Class Action Suit is a common case where the petitioners come together to file a joint case and are referred as “Class”. The condition here is that all the petitioners seek common relief. In legal terms, the case is advertised for the “class” to join, if they are aggrieved. In the case against Tirupati Balaji Builder, the NCDRC has granted refund with interest to all 232 home buyers as the project was not delivered. In India, Class Action Suit came into public discussion after a group of petitioners used this legal route against cheating with gold, and the court ordered compulsory Hallmark stamp. 

Finance Time The market, Afford The Market, Market Affordability, Property Affordability, Real Estate Affordability, Stocks & Real Estate, Asset Class Cycle, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists, Property Journalists
Trying to time the market; first afford the market

Stock market correction is generally perceived to be the time for fresh entry or buying more stocks. Right? It is not only seasonerd investors but even the immatures ones also try best to time the market. Timing the market is basically making an assessment as to when the market is at its lowest point and is poised for a turnaround. It is a different matter that market has always rewarded those who spend long time in the market rather than trying to time the market.

Finance Circle Rate, Land Prices, Land Circle Rate, Property Guidance Value, Ready Reckoner Rates, Collectorate Rates, Real Estate Black Money, Property Black Money, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists, Property Journalists
Can India rationalize land circle rates?

The real issue here is not desire to pay in cash but Triple Taxation in real estate purchase. Suppose a home buyer has INR 1 crore as earned money with him. Now it goes without saying that one must have paid 30% tax over this amount, if it is a bankable transaction. But for him Double and Triple Taxation in home purchase is 5% GST and 7% Stamp Duty. If there is a difference between Circle Rate and Fair Market Price, one would pay some amount, say INR 20 lakh in cash. Mind you! This is not Black Money but his Hard-Earned and Taxed Money but by paying INR 20 lakh as cash one is saving 5% GST and 7% Stamp Duty. So, a cash transaction of INR 20 lakhs saves him INR 2.40 lakhs. That is the whole game why everyone loves cash in the business of real estate.

Finance Language of Money, Money Language, Money Management, Money Rules, Personal Finance, Financial Knowledge, Financial Wisdom, Money Management Tips, Personal Finance Tips, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists, Property Journalists
Money myths & realities of Indians

With a predominant demography that grew up without money, the very subject of money is interlinked to the deep-rooted anxiety and insecurity of Indians. This is why a vast majority of us more often than fail to differentiate between saving & investing. For us, saving money is eqaul to investments, and safety & cushion of money is at the top of the mind. The fact of the matter is that saving gives the returns at a base rate that is lower than the inflation rate. This erodes the purchase power of money. A bank Fixed Deposit (FD) of INR 1 lakh might look fancy at INR1.7 lakh next year, but the appreciated amount can not purchase today what you could have purchased with that amount last year.

Finance Home Loan, Housing Loan, Home Loan Eligibility, Home Loan EMI, Home Loan Leverage, Home Loan Liability, Loan Leverage & Liability, Property Loan, Home Loan EMI, Home Loan Calculator, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists, Property Journalists
Is home loan leverage or liability?

One question that I am asked at various forum is that whether one should buy a house on loan. Of course, this has reference to my public view across media spectrum that a home loan is more often than not liability and not leverage in India. I must admit here that seeking an answer to this question, most of the people asking this are already having an opinion on this. All that they need is a confirmation bias; something that they could justify to self and others with a statement of confirmation. Someone who understands the world of real estate and finance also said this. Right?

Consumer Connect Income Tax, Income Tax Rebate, Income Tax Exemption, 12 Lakh Income Tax, Income Tax & Home Buyer, India's Consumption, India Real Estate News, Indian Realty News, Real Estate News India, Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalists, Property Journalists
Income Tax rebate up to INR 12 lakh leading to home buying?

Union Budget has been a hit in terms of the PR & headlines management. But it has largely failed to address the concerns of the Indian middle class reeling under hyper-inflation, lower wage growth, rising property prices, depleting domestic savings and increasing household debt. To make them believe that the Income Tax exemption limit of INR 12 lakhs has qualified them to buy a house is only adding insult to their injury. China with more or less similar challenges and as large demography has weathered this challenge in a far more structured manner, after the Covid crisis. The question is whether we are ready to learn the art of managing economy from the neighboring country with bigger economy, GDP and Per Capita Income?

Headlines Real Estate Outlook 2025, Real Estate Forecast 2025, Home Buyers in 2025, Property Market in 2025, Home Buyers' Survey, Home Buyers' Outlook, Housing market Affordability in 2025, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist, Property Journalist
Affordability curve tilted against home buyers in 2025

On a scale of 0-100, the Housing Sentiment Index has been noted to be just 18; with 82% Indians categorically believing that housing is just not affordable to them. A vast majority of them, as many as 80%, believe it would take no less than 10 years of their gross income to afford a house in any of the leading Indian cities. The global benchmark is 5 years of gross income with not more than 40% of take-home salary. But 78% Indians believe it would take no less than 60% take home salary to buy a house in India.

Headlines
Questions that will define Indian real estate in 2025

The outlook of the Indian real estate on the eve of 2025 could confuse any neutral analyst. But for the insider analysts who are actually stakeholder-cum-expert, it is like another new year with hopes and promises galore. The stakeholders are so upbeat that all the industry reports are projecting a bullish upcycle to continue for the next few years, thus taking Indian real estate to a valuation of $10 trillion by 2047. Track2Realty finds that the ground reality for a commo0n man looking for a house in his affordable budget stands in contrast.

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