at the very Core of it all … is Content!
Many developers are trying their best to create new zones and addresses across India that can appeal to HNI property buyers. This endeavour has met with varying degrees of success on the ground when it comes to swaying the ultra-rich clientele. Barring upgrades in design concepts and the addition of some new accoutrements to amplify …
A report in 2013 labelled Mumbai as the 16th most expensive city globally in terms of owning a residential space. The southern region of the island city is seen as the most prime, with locations such as Colaba, Cuffe Parade and Malabar hills topping the price charts. Owning a home in these and similar location …
The Union Budget 2014-15 was presented in the parliament under economic circumstances that required tax revenues to keep pace with targets. Considering the state of government finances and the current situation – below-normal monsoons, Middle East tension leading oil price volatility, the weakness of the India rupee etc., there was not much room for populism. …
Investment Sale – Gaining Ground Real estate is a business that requires regular funding, be it at the acquisition or execution stage. To raise funds, developers in India opt for modes like joint venture, pre-sale and construction finance. Construction finance can work out cheaper but is difficult to obtain because of the strict guidelines …
In most metros such as Mumbai, redevelopment of old residential buildings is a normal and desirable occurrence. Without redevelopment, there would be no new supply in the fully developed city centres. Also, redevelopment is necessary because every building has an inbuilt shelf-life, after which it becomes unsafe, unattractive to the market and difficult to maintain. …
Analysing Opportunities At The Threshold of Change MUMBAI, June 27, 2014: International property consultancy JLL India released the research report ‘Rowing The New Wave: Game-Changing Rules For Indian Real Estate’ at the CII Real Estate Conclave 2014 held at the Taj Mahal Palace Hotel in Mumbai today. The report anticipates the changing trends at this …
Information technology has proved to be the most important lodestone for boosting and also re-defining real estate demand in India’s cities. The IT/ITeS sector provides massive, well-paid employment opportunities in cities with appropriately educated and trained workforces such as Bangalore, Mumbai, Pune, Hyderabad and Chennai. Because of the higher purchasing power and more evolved …
The problem of illegal buildings in Mumbai – and their impact on the existence of Mumbai’s citizens and organizations, as well as its real estate market – is not a recent phenomenon. In fact, it is as old as the BMC itself. Whether they were the result of corruption and collusion or lack of vigilance …
The entry by a major developer and a healthcare operator into the Senior and Assisted Living sector has caught everyone’s attention, which has been one of the factors for renewed industry focus. Besides, the product offerings have also matured – earlier, these were being seen as housing solutions, and now they are more services- oriented. …
Residential property in India has evolved into an asset which individuals hold for multiple purposes, not merely self-occupancy. Individuals now seek homes either for investment purpose, or for weekend stays and ‘lifestyle accommodation’. It is therefore apt to look at residential projects on the basis of the profile of individual buyers. In an upcoming research …