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» HDFC ERGO launches title insurance for property developers

The risk could be arising out of Third Party challenges not discovered prior to the commencement date of the policy due to the Title of Property belonging to someone other than the Insured, Descriptions & Plans in Historic deeds of the property being inadequate, Historic transaction being subject to an act of fraud or forgery by a third party that adversely affects insured’s rights over the title of the property, Title to the Property being subject to Unknown Burdens or Discharge of Burdens which may have been imposed in historic deeds executed prior to the commencement date etc.

The post HDFC ERGO launches title insurance for property developers appeared first on Track2Realty.

» Puravankara Group bets big on Artificial Intelligence

Provident Housing, a Puravankara Company, has announced the integration of Artificial Intelligence into the business, by introducing its two very own robots – Mitra and Mitri.

The post Puravankara Group bets big on Artificial Intelligence appeared first on Track2Realty.

» Paradox of CSR in Indian real estate

CSR means different things to different stakeholders of India Inc. and today there is no reliable rating/valuation methodology to measure CSR standards. Most of the ranking that has been done about the most sustainable corporations is not professionally standardized or uniform.

The post Paradox of CSR in Indian real estate appeared first on Track2Realty.

» Noida Sector 150 emerging as aspiration zone

The fact is that any outside view might baffle with the price point at Sector 150 of Expressway that is in the range of INR 6000 to INR 7000. Still, this sector is fast emerging as the first choice for the homebuyers, even though more affordable options are available in other sectors along the same Expressway at a distance of even 1km.

The post Noida Sector 150 emerging as aspiration zone appeared first on Track2Realty.

» Low rental yields indicative of speculative property appreciation

It is generally accepted in the Indian market that rental yields in the country are often much lower than elsewhere in the world because relatively few people seek rented homes: 66 per cent of homes in Indian cities and 90 per cent of homes in rural areas are owner occupied.

The post Low rental yields indicative of speculative property appreciation appeared first on Track2Realty.

» Investment property transactions increased by 26% in H1 2018

The report highlights the key changes in the business environment that are likely to impact CRE requirements and suggests strategies for occupiers and developers to harness the full potential of the opportunities derived from this change. The report also highlights the increased role of investors in changing business environment.

The post Investment property transactions increased by 26% in H1 2018 appeared first on Track2Realty.

» Why property boom is scary to homebuyers?

When the property market is hot, the sharks begin to circle; recognising the opportunity to fleece the rest of us out of our money. The problem with property scams (cartel of appreciation) is that they are hard to detect in advance and often perfectly legal. They are marketed convincingly and professionally, unlike the instantly recognisable scams we are used to in other walks of life. Property sharks are harder to pin down when the market is going up, but they are nowhere to be seen when the prices crashes.

The post Why property boom is scary to homebuyers? appeared first on Track2Realty.

» Poor consumer connect willful reality of builders

Going by the developer’s remark, one wonders whether a real estate purchase can be termed as another expensive purchase. In a BMW purchase, for example, the buyer can look & feel the end product before one takes a final call. But in real estate it is only a promise and the product is yet to be produced.

The post Poor consumer connect willful reality of builders appeared first on Track2Realty.

» Integrated townships gaining ground in Coimbatore

Ranging from 50 acre to 850 acre, integrated townships are slowly but surely catching up in Coimbatore and since this part of the property market has so far remained oblivious to the concept of a proper gated living, the developers are leaving no stone unturned to replicate similar success story that other matured property markets across the country have registered.

The post Integrated townships gaining ground in Coimbatore appeared first on Track2Realty.

» Customer is not the king for builders

Many developers do not make themselves available to customers, making it necessary for them to deal with marketing personnel who are trained to be evasive and non-committal.

The post Customer is not the king for builders appeared first on Track2Realty.

» CSR strategy not critically linked to brand image

Welcome to the world of Corporate Social Responsibility (CSR) in the Indian real estate. The ground reality is that the real estate companies today get into CSR for fulfilling mandatory provisions and/or tax adjustments than any real concern for the society.

The post CSR strategy not critically linked to brand image appeared first on Track2Realty.

» Honest journalism needs honest eco system

I often question how will honest journalism survive in this eco system. It is not that I don’t face the challenges and resistance of not being a party to this cartel of corruption. Forget the builders, even a large section of builders’ ‘paid & pet’ journalists have issues with me. I am, after all, a game spoiler for them who is spreading the negativity with brutal honest and ruthless journalism.

The post Honest journalism needs honest eco system appeared first on Track2Realty.

» Calculated brand risk by Sumadhura and MS Dhoni

It seems the dare devil Dhoni, as he is known, has this time met another courageous risk taking developer who does not mind joining hands with someone who has only recently been in the news for all the wrong reasons. This also raises a fundamental question as to whether the developer has been smart in strategy or it is just another case of ‘Me Too’ in showcasing its financial clout to have a celebrity endorsing its brand.

The post Calculated brand risk by Sumadhura and MS Dhoni appeared first on Track2Realty.

» Anita Arjundas resigns as MD of Mahindra Lifespaces

Anita will remain with the Company until September 30, 2018. She joined Mahindra Lifespaces in the year 2002. Of the 16 years she has spent with the Company, the last nine years were as Managing Director of Mahindra Lifespace Developers Ltd.

The post Anita Arjundas resigns as MD of Mahindra Lifespaces appeared first on Track2Realty.

» India’s alternate residential realty sector looks at USD 4.3 billion investment

Meraqi’s latest sector specific research report ‘Emerging Residential Niche Products’ reveals the potential of the growing alternate residential real estate market in India, analyses investment trends in niche categories like Student Housing, Micro units and Senior Housing emerging across the Tier I cities and forecasts the future trends in the segment.

The post India’s alternate residential realty sector looks at USD 4.3 billion investment appeared first on Track2Realty.

» WeWork adds its fourth space in Mumbai

WeWork – the platform for creators that provides collaborative space, community and services to help people make a life not just a living – announced the launch of its fourth space in Mumbai, in Goregaon.

The post WeWork adds its fourth space in Mumbai appeared first on Track2Realty.

» Affordable housing offers 6-8 bn sqft development opportunity in India over 3-4 years: Report
As per Government estimates, over 40 million urban homes need to be constructed by 2022 in order to achieve its housing for all targets.
» Government increases carpet area for middle class houses eligible for CLSS interest subsidy
Earlier the carpet area for these houses under MIG I and MIG II category was fixed at 120 sq meter or 1,291 sq ft and 150 sq meter or 1,614 sq ft.
» Digitisation to see blockchain adoption must faster

Full adoption of blockchain technology in Indian real estate may appear a remote possibility, however, low transparency provides an incentive for adoption of blockchain rather than an obstacle; and we see several near-term applications for the technology.

The post Digitisation to see blockchain adoption must faster appeared first on Track2Realty.

» When builders turn zamindars

Competing against DLF, the company won the auction and soon made plans to construct a grant 18-hole golf course surrounded by luxury apartments and villas, to be marketed as the plush “Unitech Golf and Country Club”. Flashy advertisements were immediately published and huge booking amounts were collected from aspiring buyers who looking forward to their dream homes in the project.

The post When builders turn zamindars appeared first on Track2Realty.

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