THE DYNAMICS OF HOME PRICES
Recently, in the backdrop of low demand and slow sales of homes, the RBI governor Raghuram Rajan’s plea to real estate developers to ‘adjust’ prices to encourage more people to buy homes was met with a refrain that there was no scope to cut prices that had already undergone correction. That leaves home buyers and investors […]
MODI MARK ON INDIAN REAL ESTATE
Modi government’s philosophy that beleaguered real estate should grow on the strength of economy and not on largesse or quick fix solutions is reflected in the reform- driven two year-term of the government that has reformed and regulated real estate sector, putting it firmly on the path of long- term sustained growth. The real estate […]
Rahejas & Gera to Develop It Sez In Pune
Leading international property consultancy JLL India has announced the successful forging of a partnership deal between K Raheja Corp and Gera to develop and operate a prime 30-acre land parcel in Pune’s IT hotbed Kharadi. The land parcel will be developed into an ultra-modern IT SEZ under the ‘Gera Commerzone’ banner, and will yield 3.5 […]
NRIs & Property Investment Creating a Safe & Investment Climate
NRIs have for long been investing in India now, into property in particular. Looked at pragmatically, this is not merely thanks to purely emotional reasons, but for profit. Now that the Indian scenario is brightening up, with an improving economy and a whole bouquet of reforms being brought about to ensure free, fair, transparent and […]
Mortage Reforms Herald Good News For Home Buyers
The recent interest rate cut of 25 bps by the Reserve Bank of India, in its first monetary policy review for the new fiscal on the heels of the newly reformed lending rate regime for faster transmission of rate cuts, together with a host of other mortgage reforms, will benefit home buyers and result in […]
BUDGET-2016 – On the road to reformed Real Estate and Affordable Housing
Much on the expected lines, though this year’s budget presented by the Finance Minister of India Arun Jaitely does not unveil any big bang measures to give a giant push to the beleaguered real estate, yet the budget 2016 aimed at revitalizing economy, triggering investment through a series of reform measures, spurring infrastructure and boosting […]
REALTY TRENDS 2015
Vinod Behl, veteran journalist and real estate maven, writes for the readers of NRI Achievers with an insightful recap of the top trends that prevailed in the Indian real estate sector over 2015. Read on ! RECORD PE INVESTMENT FLOWS The year 2015 could well be described as sunshine time for PE as the real […]
NDA'S BIHAR DEBACLE A BLESSING FOR REALTY ?
Contrary to the general impression, the Bihar defeat has not really dealt any major blow to the ruling NDA’s reform agenda. Rather, it seems to have proven to be a blessing in disguise instead for the Modi government, which has had to perforce fast-track both legislative and administrative reforms. Particularly the crucial reforms much anticipated […]
IMPACT OF INTEREST RATE CUT ON REALTY….
With affordability and safety of investment being the key criteria for home buyers, the latest round of repo-rate cut by the RBI may see only a marginal improvement in demand and may not act as a catalyst to stimulate realty sales in this festive season. After the announcement of an unexpectedly high 50 basis points […]
WILL REAL ESTATE MISS OUT ON FESTIVE SPARKLES ?
The festive season may not give a much needed desired boost to the real estate sector this time, which is facing a slowdown for the last two years. The residential component of real estate, reeling under weak sales due to liquidity crunch, unaffordable prices, high interest rates and large scale delivery defaults, seems quite unlikely […]
THE AUDACITY OF HOPE ….MODI'S MISSION URBAN REVAMP
On Thursday the 25th of June, Prime Minister Modi, by design or by sheer accident, chose the landmark date to live up to his electoral promise and launch three mega-projects to take India to the next level of development in an audacity of hope. Three urban development and reconstruction peojects – the ‘Atal Mission for […]
HOUSING FOR ALL BY 2022 FAR-FETCHED OR FEASIBLE?
Viewed dispassionately, the current government’s promise of “Housing for all by 2022” seems a bit unrealistic at the moment, as the modalities and concrete steps needed to be undertaken in order to achieve this goal have not yet been spelt out. Making 2 Crore urban homes and 4 Crore rural homes available is indeed […]
BUDGET 2015 SHORT ON REALTY EXPECTATIONS
The progressive and forward looking budget demonstrating pro-growth and pro-investment theme scores high on revitalizing the Indian economy, but falls short of expectations from the realty sector, asw it is really a little low on much needed steps effect a revival of the real estate sector, which has become a mere indirect beneficiary. Vinod Behl […]
TOWARDS FAIR DEAL FOR HOME LOAN SEEKERS
In the current home loan scenario,where there is a lot of volatility in interest rates, home loan counselling assumes greater significance. As home loan repayment is a long term commitment, with a large majority of home loan borrowers opting for ten or more than ten years of tenure, they need to be helped with proper […]
Innovating Living Spaces and Promoting Green Sustainable Realty
Even as we border on the verge of a new age of quality living within urban environs, we are simultaneously entering a cusp in terms of environmentally conscious development, that can be both sustainable and ‘green’ – environment friendly. This concern with what we are doing to the environment has seeped into the real estate […]
FDI Reforms to Rejuvenate Real Estate
India’s easing of Foreign Direct Investment (FDI) norms for the real estate sector, the intent to found and build at least a 100 Greenfield smart-cities, and related moves by the current NDA government has lifted the sentiment in the sector. FDI inflows, especially, are quite likely to boost investment into the sector and rejuvenate a […]
Impact of NDA's Wins on Maharashtra INFRA
With a majority government in place at the centre that is not fettered by coalition politics and its attendant woes, the BJP has taken several positive steps that are seen by industry as moves to revitalise the ailing property sector and infuse new energy into it. Not only that, all the new infrastructure building envisaged […]
The Changing Concept of Luxury Homes in India
Less than ten years ago, the concept of luxury homes was firmly tied to a city’s most expensive inner locations. ‘Pin code value’ was the watchword, and developers focused on the luxury segment operated within those boundaries. The prices of homes in such locations were and continue to be exorbitantly high, but HNI buyers were […]