Real estate markets across the major cities are witnessing a new spate of consumer activism, which is more political in its functioning than being consumer-centric. Numerous home buyers’ associations have sprung up, which are … READ FULL STORY
While the Real Estate (Regulation and Development) Act (RERA) has mandated that developers have compulsory title insurance, it is imperative to understand why the issues related to unclear land titles, have not been addressed. … READ FULL STORY
Jitu Virwani, CMD of the Embassy Group, is a firm believer that the top developers are conscious of the advantages of adopting professional practices. In an exclusive interview with Housing News, Virwani points out … READ FULL STORY
A pan-India survey by Track2Realty Brand X Report 2017-18, finds that a large number of Indians are not convinced with reforms like the Real Estate (Regulation and Development) Act (RERA), demonetisation, the Goods and … READ FULL STORY
It has been one year, since the Real Estate (Regulation and Development) Act (RERA), came into effect on May 1, 2017. In this period, different states have seen varying results, vis-à-vis the implementation of … READ FULL STORY
Home owners often have complaints about their builder and their residents’ welfare associations, vis-à-vis issues like cost of the apartment, delay in delivery, costly maintenance, poor facility management. While these grievances may be legitimate, … READ FULL STORY
In the real estate market, where prices have stagnated over the past few years, developers are experimenting with various new sales and marketing strategies. Inviting Expression of Interest (EOI) to sell apartments in an … READ FULL STORY
Non-resident Indians (NRIs) may often find it impractical to physically come and see a property, while scouting for one, even if they have a keen interest in the Indian property market. Hence, developers are … READ FULL STORY
While word-of-mouth publicity is something that developers across the country have adopted, to improve sales and their brand image, their marketing and sales campaigns remain heavily dependent on celebrity endorsements. This raises a fundamental … READ FULL STORY
The first movers into any property location, generally do so, because of the affordability offered by that particular location. This was evident in Greater Noida West in Delhi-NCR and the regions beyond Thane in … 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
It was a noisy morning in Bengaluru, when numerous senior citizens stormed into the office of the Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative office responsible for civic and infrastructural assets of the Greater … READ FULL STORY
While Indian real estate developers are going all out to woo rich Indians and expat professionals, they seem to have gone completely off target, when it comes to understanding the long-term housing needs of … READ FULL STORY
