SARE Homes appoints Pravin Kumar Jain as Director- Sales & Marketing
Track2Realty: SARE Homes has appointed Parvin Kumar Jain as Director-…
Browsing: Policy Advocacy
Track2Realty Roundtable—Looking In and Looking Ahead-II
Ravi Sinha: I think Mr Tripathi has a very valid point that the CCI has emerged. You have also seen the wrong side of consumer activism in a Noida Extension kind of a situation. When we think of reforms, government is looking for a regulator and a whole lot of sector’s wish list has not gone down well with the government. Do you think that the sector will move ahead with some sort of reforms in the year ahead?
Track2Realty Roundtable—Looking In and Looking Ahead-I
I welcome all the panelists in the final roundtable for Track2Realty Focus 2013. As we come to the end of 2012, it is time to look in & look ahead as far as the prospects of the realty sector are concerned. In this discussion, we would try to wrap up the year 2012, and see where the sector has been heading to in 2013. So, when you look at the year Mr Sharma, don’t you think “oh! what a waste.” So much was expected this year but nothing has moved forward, be it in terms of administrative reforms, fiscal reforms or land reforms; nothing has gone right for the sector.
Holistic growth necessary in realty
Track2Realty: The past decade has witnessed a period of economic transformation of the Indian real estate industry. After the global financial crisis, the pace at which the industry has bounced back is magnificent. Our real estate ecosystem typically comprises of architects, developers, Government & regulatory authorities, financial institutions, private equity players, other funding agencies, brokers, property consultants and of course most importantly the buyers.
Approach and mindset change needed for policy advocacy
Track2Realty: The social responsibility part of the Indian developers has been lacking, to say the least. The manner in which the developers have operated in many emerging micro markets leaves much to be desired of their sensitivities to these issues considering the unprofessional and opaque approach to the functioning of the developers where local level leaders are made a party by greasing their palms.
Challenges beyond liquidity concerns: Vidya Basarkod, President, Sales and Marketing, Jaypee Greens
Track2Realty Exclusive: Vidya Basarkod, President, Sales and Marketing, Jaypee Greens believes though the Indian economy has gone through turbulent phase of slowdown, demand for housing has kept the momentum for residential real estate. In an exclusive interview with Track2Realty she asserts though liquidity has been a concern for both the buyers as well as developers, there are more pressing issues hampering the growth of the sector, like delays in approvals, infrastructure bottlenecks and skilled manpower.
Puravankara to launch luxury project in Rajajinagar
Track2Realty: Puravankara Projects is launching a luxury residential apartment project in Rajajinagar, Bangalore. Located in a prime area of Rajajinagar in central west Bengaluru, the project is just 1.4 km from the city railway station and about 2.7 km from the commercial hub, Majestic bus stand.
Real estate and the complexity of FDI market
Track2Realty Exclusive: The real estate clan in the NCR region has come a long way ahead particularly with the housing sector most likely to witness a notable recovery, by the second half of 2013. The rising prices and high interest rates of the RBI have caused a drastic slash in sales. Adverse market dynamics such as high debt, piled up inventory and depressed market conditions took the sector for a rather harsh toll.
Perils plague serious real estate entrepreneurs
Track2Realty: Today there is no entry barrier in the sector for any fly-by-night operator with black money to back his initial pomp and show to lure customers. But for a serious start-up there are many perils that plague. Problem is all the voices are being raised to ease only a section of the developers with often myopic vision with regard to the future of the sector.
Bombay HC allows Shapoorji Pallonji to sue Qatar Airways
Track2Realty-Agencies: The Bombay High Court has cleared the way for construction major Shapoorji Pallonji and Co. to sue Qatar Airways for Rs 59 lakh with interest.