Latest Real Estate News Delhi, India - Real Estate market in india

Real Estate news

Maharashtra to consider shelving Bullet Train project|Weekly Round Up | RealtyMyths

Hi Guys! Welcome back to the weekly news round up. Let’s see what’s brewing in the bulletin today! Maharashtra’s Maha Vikas Aghadi government will ascertain if mega-projects like the Mumbai-Ahmedabad Bullet Train can be shelved in view of a staggering Rs 6.71 lakh crore debt burden on the state.   The real estate developers expressed disappointment over the Reserve Bank of India’s decision to maintain the status quo on policy rates in its fifth-monthly monetary policy review of the financial year.   Companies facing up to Rs. 1-crore loss a day due to SC’s construction ban in the wake of the rise in air pollution. The worst affected are malls, which are losing not only rentals but also business for retailers during the seasonal sale.   The introduction of GST and RERA ...

Ready-to-move homes – Vanguard of Revival

– by Anuj Puri In an important trend in Indian real estate over the last 3-4 years, ready-to-move-in homes are in and under-construction homes are … well, not so in. When Indian homebuyers make what is usually the costliest lifetime investment, WYSIWYG (what you see is what you get) is an important consideration. Also, under-construction properties have been getting a lot of bad press. While not every developer lacks execution capabilities, the ones that do have burdened the market with heavily delayed or altogether stuck projects. Unfortunately, this has caused unfinished projects as an entire market segment to get tarred with the ‘unreliable’ brush. Unlike in earlier years when under-construction homes were favored for their more attractive price tags, homebuyers ...

RICS and NAR India commit to greater property transaction transparency

RICS and the National Association of Realtors India (NAR-India) signed a Memorandum of Understanding on 28th November 2019, whereby NAR-India members working on transaction advisory services can under-go a one-year qualification linked training program. This program known as the Emerging Leaders Program on Real Estate Management has been specifically designed for real estate agents and channel partners, based on the RICS competency framework, which directly links up to the RICS qualifications framework (AssocRICS/MRICS). On the signing of the MoU, Nimish Gupta FRICS – MD, South Asia – RICS said “In a profession where barriers to entry are low and quality checks few, buyers are skeptical of transparency, information sharing, and professionalism in the market. There is no doubt that a real e...

Avoid these 5 common mistakes when selling your house

– by Arti Choudhary Home buying and selling is not a child’s play. Usually, sellers feel super excited while listing their house but later on loses all enthusiasm whey they see no activity for months and sometimes they might think that luck is not on their side, even after doing every possible thing. Apart from always looking at what steps you have taken have you ever went after what is not to be done? Like before and after starting a home selling process have you considered that what the most common is home selling mistakes one should avoid? To avoid unfavorable situations you should not commit the following mistakes while selling a home: Unrealistic Pricing Expecting a good amount for your property is not at wrong, but at the same time pricing, it too high won’t work. The pri...

Digital Vidya celebrates its 10th anniversary by providing mass discounts New Delhi

Marking 10 successful years of operations, Digital Vidya has reinforced its pledge to be at the forefront in imparting training on cutting-edge technologies to students & professionals. Digital Vidya has announced massive discounts on its Digital Marketing, Data Science & Machine Learning Courses. Speaking at the occasion, Anuj Batra, the recently appointed CEO of Digital Vidya said, “After having trained over 38,000 professionals from over 55 countries and having more than 450 corporate clients, we are proud to mark 10 years of successful operations. Appreciating the support of our patrons, who mainly constitute our participants, we have decided to give out huge discounts on our courses while we celebrate our 10th anniversary.” Around 80% of the training programs that are conducte...

Cypriot & Greek investment schemes the most popular among Indian investors

Cyprus’ largest developer, Leptos Estates, is the biggest and most successful provider of residency and citizenship schemes across Cyprus and Greece, processing hundreds each year, of which Indian investors make up an ever-increasing proportion. Highlighting its benefits, these countries offer a quicker, cheaper and more comprehensive residency-by-investment scheme, as compared to other countries. Leptos points out that the two countries of the European Union make for an excellent choice for wealthy Indians with large families and family-run businesses. Corroborating the above statement, as per a report released by Professional Wealth Management, Cyprus ranks among the top 10 destinations for residency-by-investment, along with destinations such as St Kitts and Nevis, Grenada, Antigua, St ...

Navigant Technologies Launches Co-working Space ‘Onward Coworkx’

Navigant Technologies, a global outsourcing company has unveiled the flagship property of its co-working startup, Onward Coworkx, in Okhla today. Onward Coworkx, is the first co-working space in India that is providing a formal, privacy-focused environment coupled with a business ecosystem for startups & entrepreneurs to grow. This will help the startups & entrepreneurs to outline their go-to-marketing strategy, customer acquisition, hiring technical & non-technical staff. They will also be able to take advantage of various in-house services such as software development, technical support, call center, recruitment services, etc. With a capacity of more than 500 seats, this facility can accommodate teams of all sizes, may it be an individual consultant, a start-up or an establis...

Residential Sales Revive, Yet to Reach Pre-Demonetisation Levels

The market sentiment might have not been very optimistic in the past few months but the real estate sector has successfully weathered the storms of policy interruptions and economic downturns. Sales penetration across seven cities: A five-year analysis Sales penetration implies the proportion of sales in a particular time period considering the available units at that point in time. Since changes in absolute sales do not present an accurate picture of the sync between demand and supply, sales penetration is a better parameter to see the demand-supply dynamics. 2019: So far so good for the realty sector While the top three metropolitan cities of Mumbai, Delhi, and Bengaluru have been the major focus of real estate activities, JLL Research shows that Hyderabad is catching up fast. The city t...

Total Real Estate Loan Equals $93 bn – ANAROCK

– by Shobhit Agarwal Over 62% or approx. USD 58 bn of the total loan advances (USD 93 bn) to Indian real estate by banks and NBFCs/HFCs is currently completely stress-free, reveals a study by ANAROCK Capital. Another 22% (approx. USD 21) bn is under some pressure but can potentially be resolved. In fact, the stress on this segment is largely on recovery of interest and not on the principal amount. USD 14 bn (or merely 16%) of overall lending to Indian real estate is under ‘severe’ stress, meaning that there has been high leveraging by the concerned developers who have either limited or extremely poor visibility of debt servicing due to a combination of factors. Shobhit Agarwal, MD & CEO – ANAROCK Capital says, “The ‘stress’ loan amount in real estate is not as bad as seen in othe...

The Wadhwa Group is set to launch a new project at GMLR

After delivering the most iconic landmark of Mulund – Atmosphere in record time, The Wadhwa Group in association with Man Infra and Chandak Group, launches their second landmark project in the buzzing suburb of Mulund. The atmosphere today boasts of on-time delivery of this iconic structure with quality construction and a distinguished lifestyle with 600+ happy families residing here. This landmark is aimed at offering the ‘Best of both worlds’ – Be it work-life balance, be it seamless connectivity with all necessary conveniences in the vicinity, or a quality home with the best lifestyle amenities, this project is strategically located and meticulously designed to offer it all. Speaking on the launch, Mr. Navin Makhija, Managing Director, The Wadhwa Group said, “After the roaring suc...

Noida Expressway – Project Completions Key to Future Prospects

– by Sadiq Din A 25 km-long high-speed link, Noida Expressway connects Delhi with Noida and further to Greater Noida. The expressway was primarily built to reduce congestion on NH-2, which passes through NCR cities like Faridabad, Ballabhgarh, and Palwal. Noida Expressway comprises of Sectors 44, 93B, 94 to 96, 98, 100, 104, 107, 108, 110, 127 to 129, 131, 133 to 135, 142 to 144, 143B, 146 to 149, 152 to 154, 157, 159, 161, 167 and 168. Noida Expressway has seen a lot of market hype, and the corresponding expectations for a stretch that actually had very humble beginnings were high. A few decades ago, most of these sectors along the expressway were huge tracts of agricultural land. Over the years, these land parcels were acquired by the civic authorities and auctioned to major realty...

Highbar Technocrat launches IoT solution for real-time construction asset management

Highbar Technocrat Limited, a leading global end-to-end Information Technology (IT) solutions provider for the infrastructure and construction industry has unveiled yet another cutting edge offering in the form of optimized IoT(Internet of Things) solution for construction asset management. Since the construction industry involves the usage of a wide variety of equipment, ranging from colossal engineering vehicles to portable drills and other building equipment, keeping a track of asset utilization and performance across construction sites comes as a daunting task for most industry players. The solution addresses key business challenges of the construction industry concerning asset tracking management including Inflated reporting of working hours and distance (Kms) Lack of real-time moveme...

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.