When I joined this real estate company, I was exposed to an altogether new reality of vendor management, says the marketing head of a Noida-based real estate company, who had earlier worked in the … READ FULL STORY
“Whenever I wished to visit my under-construction apartment, I was denied entry into the site by the security guards, in the name of safety issues. I am unaware of the construction status and the … READ FULL STORY
A perception has gained ground in the Indian housing market that the Goods and Services Tax (GST), is only applicable to under-construction projects and hence, ready-to-move-in apartments are exempt from the GST. However, the … READ FULL STORY
Many of the larger developers in India’s property market are today reeling under heavy debt burdens, over-leveraged balance-sheets and challenged execution capabilities. In an exclusive interview with Housing News, Nikhil Hawelia, managing director of … READ FULL STORY
Some of the recent trends in the Indian property market, seem to suggest that non-resident Indians (NRIs) are shifting their investment from Bengaluru to Coimbatore and Kochi, owing to the lower ticket size in … READ FULL STORY
While many developers are trying to woo non-resident Indians (NRIs) to invest in their projects, very few have succeeded. This can be attributed to the failure of developers to understanding what these fellow Indians … READ FULL STORY
When Rakshit Punetha bought a house in a newly-launched project, his broker promised that all the woodwork in his apartment would be done, as part of an ‘early bird’ offer. He was also promised … READ FULL STORY
Imagine painting the prettiest-ever, sea-swept landscape – and then living in it. Till fairly recently, only the super-rich were allowed to have that dream, and Alibaug made it a reality. But in the last … READ FULL STORY
Rekha Parihar, a non-resident Indian (NRI) from Dubai, had finalised the purchase of a luxury sea-facing apartment in Worli, Mumbai. However, when she surfed the internet to check the credentials of the developer and … READ FULL STORY
The Indian real estate fraternity, has often been blamed for its inability to connect with the consumers. The lack of trust in the minds of home buyers, begins right at the time of booking, … READ FULL STORY
Amrendra Kishore bought an apartment in Noida, after spending over a decade in Australia. At the time of taking possession, he paid an upfront amount of Rs 50 per sq ft as Interest Free … READ FULL STORY
Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit’s decision, reflects the changing dynamics of NRIs’ investments in … READ FULL STORY
The psychology of home buyers and their expectations vis-à-vis return on investment (ROI), have traditionally been different for investors and end-users. However, this difference may be gradually disappearing, at least in the top eight … READ FULL STORY
