Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … 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
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
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
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
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
Shantanu Ganguly had invested in a commercial property in Gurugram, where the developer had promised an assured return of 12 per cent for his investment, till possession. His borrowing cost was 10 per cent … READ FULL STORY
After nearly a decade of Noida Extension being carved out and planned by the government agency, the region faces numerous civic woes – from bad roads and traffic bottlenecks, to overall infrastructure deficit. This … 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
While a large section of developers have called 2017 as a year of consolidation, 2018 could be a year of confusion. The regulatory changes of 2017 have left many developers confused over streamlining of … READ FULL STORY
While developers in India have often been blamed for being stereotypical, to the extent that even the marketing brochures of identical projects are similar, some first movers are experimenting with innovative/disruptive marketing and with … 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 festive season, is usually a time when property sales peak during the year. Although the actual number of sales during this period, from the major markets of India, are only likely to be … READ FULL STORY
