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» Trends to drive Asia property market in 2018

Track2Realty lists down the assessment by Colliers International that will drive the Asia property market in 2018. Here are the Top trends that is expected to be in the headlines.

The post Trends to drive Asia property market in 2018 appeared first on Track2Realty.

» Santhosh Kumar quits JLL, joins ANAROCK as Group VC

As ANAROCK's Group Vice Chairman, Santhosh Kumar hits the ground running and has assumed all operational responsibility for the Firm. "Given my long personal association with Anuj and our partnership being a tried-and-tested success formula for over two decades, this move is nothing but a natural progression for me," he says.

The post Santhosh Kumar quits JLL, joins ANAROCK as Group VC appeared first on Track2Realty.

» What is justified loading in apartment?

The fact of the matter is that in the absence of any regulation that defines the standard measurement of super built-up area, built-up area and carpet area, every developer defines it as per his convenience. There is no scientific methodology that defines what is an ideal loading percentage.

The post What is justified loading in apartment? appeared first on Track2Realty.

» Property demand assessment faulty

Beyond the economic rationale, the developers assert that they are doing their homework properly. One of the largest developers claims it has its own empanelled brokers to give constant feedback on the market before the launch of any new project. They supplement it with a proper in-house research of the market, the catchment area, competition and other market forces.

The post Property demand assessment faulty appeared first on Track2Realty.

» Builders need to learn dialogue with buyers

The real estate sector is in dire need to communicate an connect with the stakeholders and society at large. In the name of communication all that they do is to hire a PR (Public Relations) agency for the purpose of brand building but do not understand what is communication in the right context.

The post Builders need to learn dialogue with buyers appeared first on Track2Realty.

» Market intelligence lacking in Indian real estate

Some call it market intelligence and not due diligence where the focus should be more on the micro markets than general trends which could be misleading. However, there are many grey areas where in the absence of proper research and reliable data even the assessment of ground realities is not feasible.

The post Market intelligence lacking in Indian real estate appeared first on Track2Realty.

» Livability index adds to second home charm of Lonavala

Lonavala is about 64 kilometers from the city of Pune and 96 kilometers from the city of Mumbai. In terms of connectivity, Lonavala is on the Mumbai-Pune Expressway by road and is well connected to several other towns of Khopoli, Karjat, Talegaon Dabhade, etc.

The post Livability index adds to second home charm of Lonavala appeared first on Track2Realty.

» Puravankara to invests INR 600 crores in affordable housing project

With an investment of INR 600 crores, Provident Park Square at Judicial Layout, Kanakapura Road, Bangalore, is a mixed development project which caters to the needs of the new age home buyer.

The post Puravankara to invests INR 600 crores in affordable housing project appeared first on Track2Realty.

» Budget expectations for buyers & builders contradict

A friendly budget is always on the wish list of everyone. Across the industries the stakeholders, including the consumers, have more or less the same expectations with the Finance Minister to call it a friendly budget. But in the context of the Indian real estate a friendly budget for the sector does not necessarily mean a homebuyer friendly budget.

The post Budget expectations for buyers & builders contradict appeared first on Track2Realty.

» Can budget offer bonanza for real estate?

A budget bonanza is a wish that businesses across the sectors dream about and real estate is no exception. Real estate, as a matter of fact, has to its claim being the key contributor of GDP and job market, besides accelerating a number of allied industries through backward and forward linkages.

The post Can budget offer bonanza for real estate? appeared first on Track2Realty.

» Optimistic 2018 for Kolhapur

Kolhapur district is no longer considered as just rural and agrarian. Today, the demand for good quality residences has increased with improvements in jobs and other economic activities. This has also led to the increasing demand for commercial real estate. Some of the companies are increasingly evaluating the city for business establishments, as the cost of doing business per square feet in Kolhapur is much cheaper than Mumbai or Pune.

The post Optimistic 2018 for Kolhapur appeared first on Track2Realty.

» Aarey deforestation result of official apathy

Environmentalists have raised serious concerns over the devastating consequences of climate change. Calling it irresponsible, they question how could a parking lot service area for metro trains being allowed to destroy a critical green lung.

The post Aarey deforestation result of official apathy appeared first on Track2Realty.

» Provident Sunworth a case study of affordable luxury

As I enter inside the under-construction project with less than 6000 apartments spread over 60 acres to be built in four phases, the first visual impression is that the project is a premium or luxury housing. The sports theme-based landscaping, elevated walkways and greenery beneath does not give the impression that the ticket size in this project starts with INR 55 lakh only.

The post Provident Sunworth a case study of affordable luxury appeared first on Track2Realty.

» Noida Sector 70-79 ahead of affordability curve

The fact of the matter is that any prospective buyer in Noida who does not have budget constraints would be tempted to buy an apartment along this stretch. Most of the projects that have come up in the last six to seven years are premium category projects with ultra modern amenities and facilities. Among the newly developed locations, the habitation has hence been faster in this region.

The post Noida Sector 70-79 ahead of affordability curve appeared first on Track2Realty.

» Indian developers lack market depth

In real estate, market dynamics is so more complex that all the marketing theories and economic rationale have already gone for the toss. The conventional financial definitions are often challenged by the imbalance of demand & supply. With real estate predominantly being a micro market business, each market has its own dynamics.

The post Indian developers lack market depth appeared first on Track2Realty.

» Price correction a reality in secondary market

Swadeep Sharma was on a house hunt in Noida for the last two years. Last year he could find a house of choice at one of the newly delivered projects in Noida Expressway at INR 5600 per sq feet. He could, however, not manage his finances then. Now that he has managed his finances, he went to the same location anticipating shelling out more money. He was, however, taken by surprise. The apartment in the same society is today available at INR 4800 per sq feet.

The post Price correction a reality in secondary market appeared first on Track2Realty.

» 85% growth in property investments in the first nine months of 2017

India witnessed a growth of 85% in property investments in the first nine months of 2017, compared to the same period last year, says Colliers International’s recently released report titled ‘Of High Growth, Low Real Rates and Black Swans’.

The post 85% growth in property investments in the first nine months of 2017 appeared first on Track2Realty.

» SOBHA and Puravankara launch Marina One

Marina One has the unique distinction of a pristine 497-metre waterfront the likes of which Kochi is yet to witness. The proposition offering is of 1141 homes in total in 3BHK+study and 4BHK, ranging from 2296 sq. ft. to 3710 sq.ft. of super built up area.

The post SOBHA and Puravankara launch Marina One appeared first on Track2Realty.

» Altico Capital invests INR 430 cr in Supertech project

Sector-74 is largely a residential sector and part of a well-established residential micro-market, which is well connected to the Noida Expressway as well as Noida City Centre. The project is also located close to an under construction metro line that connects to Noida City Centre on one side and Noida Expressway towards the other.

The post Altico Capital invests INR 430 cr in Supertech project appeared first on Track2Realty.

» 2017 year of consolidation; exciting year ahead: Bijay Agarwal

One of the most significant trends the Indian real estate sector saw in 2017, was the infrastructure status given to affordable housing. The government’s vision of achieving Housing for All by 2022 appears a lot more achievable, with steps taken like effectively revising the qualifying criteria.

The post 2017 year of consolidation; exciting year ahead: Bijay Agarwal appeared first on Track2Realty.

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