Andheri west, in Mumbai, is a premium real estate location, with posh areas such as Lokhandwala and Versova. The area has always witnessed huge demand for residential homes, especially from the elite class. Hence, … READ FULL STORY
In a move that could pose a grave danger to Mumbai’s climate and ecology, up to 3,500 trees may be cut in the city’s Aarey forests, to pave the way for upcoming projects – … READ FULL STORY
It is a common belief that making property investments on auspicious days, like Ganesh Chaturthi, will lead to appreciation in the value of the asset. Moreover, buying a property often involves one’s life savings. … READ FULL STORY
Of late, home seekers have become increasingly aware of the short-term costs versus the long-term benefits of living in green buildings. Although green building concepts in the residential segment are more prevalent in super-luxury … READ FULL STORY
With the rollout of the Goods and Services Tax (GST) from July 1, 2017, there is significant anxiousness and ambiguity among the stakeholders in the real estate market. Many are also wondering which would … READ FULL STORY
Although developers have publicly welcomed the Real Estate Regulation Act (RERA), there seems to be definite concern, as the deadline for its implementation by states, by May 1, 2017, fast approaches. With numerous projects … READ FULL STORY
Mumbai, which is often criticised for being saturated, also has some under-valued and lesser-known real estate micro-markets that could transform into property hotspots, owing to infrastructure developments in the city. Most of these ‘hidden … READ FULL STORY
The state of the Indian economy, suggests that the government will have to walk a tight rope with the Union Budget 2017-18, amidst forecasts of a slowing economy. Although banks are now flush with … READ FULL STORY
Many within the Indian real estate fraternity, privately admit that the government’s demonetisation drive, has done more damage to the real estate business than even the Lehman Brothers crisis. “The sector has suffered badly, … READ FULL STORY
The central government has repeatedly stated its intent to deal with benami transactions. It is, hence, expected that several concrete steps and financial curbs on benami transactions may be announced in the Union Budget … READ FULL STORY
The Indian realty sector is slated to become the fastest-growing realty market, in the next few years. With a rapidly growing population, high GDP and rising income levels, the infrastructure in rural and urban … READ FULL STORY
The real estate sector in India has miles to go, before it can state that it has adopted some of the globally-accepted best practices. Data available with Track2Realty, shows that real estate complaints are … READ FULL STORY
A survey by Track2Realty in 2014, among NRIs, HNIs and other wealthy and influential investors, found that Singapore, Malaysia, New York, Sydney, UK (London) and the Middle East (Dubai), were the preferred destinations for … READ FULL STORY
