Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
What is land banking and how does the business of land banking work? Land banking is the practice of aggregating parcels or blocks of land at current market rates or lower, for future sale … READ FULL STORY
In the top 9 cities in India, there has been a massive developer consolidation, with over 50% of the total developers that existed in 2011-12 leaving the market by 2017-18, according to PropEquity Research. … READ FULL STORY
While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments, are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the … READ FULL STORY
Self-redevelopment of old, dilapidated housing projects in cities like Mumbai is a much-talked-about phenomenon and is rapidly catching on, because it is in many cases a practically possible proposition. Self-completion of stalled projects is, … READ FULL STORY
With the General Elections of 2019 giving a clear mandate for Narendra Modi to return as prime minister for a second term, the real estate sector is optimistic, as this would mean a continuation … READ FULL STORY
According to a recent CII-ANAROCK survey, it was found that nearly 55% of the net affordable housing supply came from Delhi-NCR and the Mumbai Metropolitan Region (MMR). Industry experts opine that the major reasons … READ FULL STORY
With the results of the Lok Sabha elections 2019 showing a return of the Modi government with full majority of its own, the expectation across the realty sector is that of optimism. According to … READ FULL STORY
During Akshaya Tritiya people tend to invest their money in different classes of appreciating assets, as they believe that any investment done on this auspicious day, will grow manifold and bring them wealth and … READ FULL STORY
The Indian commercial real estate market is estimated to provide 294 million sq ft of REITable space from the existing office stock, according to JLL’s report titled ‘India REITs – Heralding a new era … READ FULL STORY
Mumbai recorded the third-highest growth in annual household incomes at 20.4% over a five-year period from 2014 to 2018, according to the inaugural issue of Knight Frank’s global report, ‘Urban Futures’. The growth in … READ FULL STORY
The proposal to reduce the Goods and Services Tax (GST) rate on under-construction projects, will have positive implications for the sector. Considering that the modest turnaround witnessed in 2018 was driven primarily by sales … READ FULL STORY
As announced during the interim budget 2019, the GST Council has reviewed the Goods and Services Tax (GST) rates on the real estate sector. Accordingly, the developers of residential projects which are incomplete as … READ FULL STORY
