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» 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.

» Sowparnika promises Studio Apartment in Bangalore at INR 10 lakh

Sowparnika Projects & Infrastructure introduces ‘Positive Homes’ a unique proposition designed and developed based on new age customers demand. Positive Homes comes with uncompromising features and fixtures and price that is unheard of, all-inclusive price of around INR 10 lakhs for a Studio.

The post Sowparnika promises Studio Apartment in Bangalore at INR 10 lakh appeared first on Track2Realty.

» Shapoorji Pallonji’s Mid-income housing brand Joyville comes to Pune

Joyville – Hinjewadi spread over 8 acres of land would be home to over 1000 families. The development offers different unit configurations namely 1 RHK to 2 RHK units. The project boasts of 75 % open space with more than 25 playful activities which would lend itself very well to lots of fun and fulfilling experience for one and all residents.

The post Shapoorji Pallonji’s Mid-income housing brand Joyville comes to Pune appeared first on Track2Realty.

» NRIs demand affluent senior housing

The Indian real estate developers are going over-board in capturing the fantasy of the rich Indians who are also expat professionals. But they seem to have gone completely off target when understanding the long-term housing needs of these Non Resident Indians (NRIs).

The post NRIs demand affluent senior housing appeared first on Track2Realty.

» Supertech disowns firefighting at Eco Village I; intimidates buyers

The memories of Uphaar Tragedy on the fateful day of 13thJune, 1997, that claimed the lives of 59 and injured over 100 people, have not faded from the public memory. But it seems the developers in this part of the word are not ready to learn any lessons. For them firefighting is a mandatory provision that just needs to be installed, irrespective of its functionality.

The post Supertech disowns firefighting at Eco Village I; intimidates buyers appeared first on Track2Realty.

» Housing.com launches ‘Housing Partner Assistant’ app

Housing.com, part of Elara Technologies which also owns PropTiger.com and Makaan.com, has launched “Housing Partner Assist” app to help the sellers manage listings, home seekers and much more with a single tap on their phones.

The post Housing.com launches ‘Housing Partner Assistant’ app appeared first on Track2Realty.

» Desirable best practices in Indian real estate

The Indian real estate market has always been notorious for its lack of transparency, and the changes in recent times has been less than desirable. As India aspires to get clean money into the sector, the foreign funds too have high standards in terms of service quality and clarity.

The post Desirable best practices in Indian real estate appeared first on Track2Realty.

» Can affordablity drive luxury of weekend home?

There is also a third set of buyers who buy properties in the second home locations as their first home. They are the buyers who look for locations that would be first home location in the next few years. Of course, the budget constraints force them to look for low-cost housing. Analysts believe this third set of buyers can not be classified as the second home buyers.

The post Can affordablity drive luxury of weekend home? appeared first on Track2Realty.

» Professional compliances defining brand leadership of real estate

What has been an interesting finding during this fiscal year is the fact that a number of relatively smaller developers but with impeccable track record of delivery and consumer satisfaction are breaking the myth that it is the sheer volume and premium that elevates a company at the Brand Leadership Chart.

The post Professional compliances defining brand leadership of real estate appeared first on Track2Realty.

» 23% YoY increase in the gross office take-up in India

The first quarter of 2018 has started on a positive note with a 23% YoY increase in the gross office take-up in India. As per Colliers International, approximately 11.4 million sq ft (1.02 million sq m) of gross absorption was recorded in Q1 2018.

The post 23% YoY increase in the gross office take-up in India appeared first on Track2Realty.

» Homebuyers question reform claims

This may not be music to the ears of the developers who are hoping against the hope that the recent policy changes & reforms would bring the homebuyers back to the market. But the ground reality is that for a vast majority of the Indian homebuyers the measures like demonetization, GST, RERA or Benami Transaction Act are more for academic discussions than making any tangible changes for them on ground.

The post Homebuyers question reform claims appeared first on Track2Realty.

» PNC Menon joins Board of Directors at Rashid Centre for the Determined Ones

PNC Menon joins at Rashid Centre other prominent officials and business leaders in Dubai, including Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and CEO and chairman of the Emirates Group.

The post PNC Menon joins Board of Directors at Rashid Centre for the Determined Ones appeared first on Track2Realty.

» Future of professionalism in Indian real estate

When the market sentiments were bullish and foreign investors were testing the Indian realty market, many of the relatively not-so-polished developers started hiring these white collared professionals to negotiate with their global counterparts in a language that they understood. Problem started when this skilled workforce started colouring the vision of the promoter and hence driving the management decisions.

The post Future of professionalism in Indian real estate appeared first on Track2Realty.

» Motilal Oswal Real Estate aims to raise 1,500 crore realty fund

MORE till date has invested capital in the real estate sector through three real estate funds and PMS/ Prop investments. Today, cumulative AUM under MORE stands at more than INR 2,100 crore spread across IREF (INR 200 crore), IREF II (INR 500 crore), IREF III (INR 1030 crore) and balance under PMS / Prop Investments.

The post Motilal Oswal Real Estate aims to raise 1,500 crore realty fund appeared first on Track2Realty.

» Jaypee homebuyers urge SC not to liquidate Jaypee Infratech

The Jaypee buyers question the devaluation of assets by bidders.They do not believe that any new builder will be able to do justice with these projects.

The post Jaypee homebuyers urge SC not to liquidate Jaypee Infratech appeared first on Track2Realty.

» Homebuyers of Supertech Ecociti robbed of potable water by builder

In a fresh controversy, the homebuyers of Supertech Ecociti at Sector 137, Noida Expressway are taking to streets after being robbed by the builder of what is as basic service as the potable water. The developer has collected the money from the homebuyers of the housing society for the supply of Ganga water and not deposited the same to the Noida Authority.

The post Homebuyers of Supertech Ecociti robbed of potable water by builder appeared first on Track2Realty.

» Ravi Menon a business leader as first co-worker

Meet Ravi Menon, Chairman of Sobha Ltd and son of PNC Menon whose legacy gives the son liberty to rest in his cabin and enjoy the laurels that the company has earned. But it seems there is something professional in the DNA of this family. Hence, the colleagues respect Ravi as first co-worker in the office whose personal involvement and eye for detailing is what has helped brand Sobha to get to the next level of brand reputation.

The post Ravi Menon a business leader as first co-worker appeared first on Track2Realty.

» New Rajarhat Ghost Town scares first movers

The first movers in any property location across the country move into the market due to affordable price point, be it Greater Noida West in Delhi NCR or beyond Thane in Mumbai Metropolitan Region. More often than not they are rewarded with sizeable capital appreciation.

The post New Rajarhat Ghost Town scares first movers appeared first on Track2Realty.

» Social infrastructure needs policy facilitation

The private developers can at the best maintain some components of social infrastructure like schools & hospitals, but not the key components like police station or post office in the vicinity.

The post Social infrastructure needs policy facilitation appeared first on Track2Realty.

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