Until a real estate project is fully developed and occupied, the sales or site office is its nerve centre. Apart from the online space, it is the primary bridge connecting developers to their customers and vice versa. From here, customers can seek and obtain critical information, clear doubts and have queries answered
The last year and a half have been the dark days of any country now. People are now grateful that the economies are opening up and they are going back to work. One of the worst affected sectors is tourism and hospitality, and the other has to be real estate
COVID-19 changed the workings of the world’s businesses unprecedentedly. The world came to a standstill and businesses were shut. It is no surprise that the pandemic severely also impacted the real estate market. Property sales plummeted during the March lockdown, and construction activities have only started to resume in some states
In case you are a non-resident Indian (NRI) who is planning to buy a property in India, there are a few things that you should always keep in mind before you make an investment. Will or fate might have paddled you overseas and given you the tag of an NRI but that doesn’t set you apart from any other regular Indians residing within the boundaries of the country especially when you are willing to buy a property. NRIs have played a pivotal role in the Indian real estate market over the years
The city of Pearls is the second most expensive city in India in terms of the residential property market in India after Mumbai. The latest survey report from Prop Tiger.com (a Pune-based property portal) has stated that Hyderabad city in the third quarter this year, (i.e. July to September) reported a massive jump in residential property sales
PropTech companies have, hitherto, been more “tech” than “prop”, and have been typically founded by technology entrepreneurs and funded by venture capital firms who specialize in tech investing. These technology firms aim to transform the real estate industry into digital players
UK based global conglomerate SRAM & MRAM Group, today signed a historic association with Area CAS Developers and Infrastructure Private Limited (Area Group), and Gupta Builders and Promoters Private Limited (GBP Group) of India
Despite looking for a monumental leap at the beginning of the year, lockdown 2.0 has once again stalled growth in Indian real estate. During the lockdown, there were virtually no sales, despite some attempts to sell digitally
When it comes to operational performance, Mumbai-based Godrej Properties, which is part of business conglomerate Godrej group, achieved highest sales bookings during the 2020-21 fiscal year, surpassing Macrotech Developers', erstwhile Lodha Developers, numbers
What does infrastructure means: Infrastructure is the general term for basic physical systems of a business, region, or nation; for instance, transportation systems, communication networks, sewage, water, and electric systems are examples of infrastructure. These systems tend to be capital intensive (capex) and high-cost investments and are vital to a country’s functioning, economic development, and prosperity. Projects related to infrastructure improvements may be funded publicly, privately, or through public-private partnerships. In economic terms infrastructure often involves the production of public goods. It is very typical to see public financing, control, supervision, or regulation of infrastructure either wholly or to a certain extent
Property transactions in Coimbatore had a volatile year in 2020. Transactions comprising sales, lease and mortgages plummeted in the first quarter of 2020 owing to COVID-19 related lockdown. Our data on property registrations in Coimbatore reveals that a quick recovery in property registrations seen post-lockdown didn’t sustain very long. Overall, property transactions in Coimbatore follow a pattern wherein the most number of transactions are registered during the first quarter of the year
In 2021, the southern cities such as Bengaluru and Hyderabad are placed comfortably to lead the path to recovery; emerging asset classes, such as student housing, co-living and senior housing are expected to pick up and flexible workspaces may make a strong comeback.
ARPIT MEHROTRA IST
The rapidly expanding metro infrastructure, availability of massive talent pool, ample supply of coworking spaces, and lower floor plate values vis-à-vis other metro cities have made Hyderabad a popular commercial destination globally. Hence, if you too are planning to set up your business in the city, then here are a few micro-markets providing a host of commercial choices across budget ranges.
If you are planning to buy a residential plot in Hyderabad within Rs 30 lakh, then the micro-markets along the Outer Ring Road (ORR), including Tukkuguda, Mansapally, Adibatla, Yachram and Shadnagar have gained immense popularity over the last few years. These pockets not only provide scores of options for potential investors but also promise high Returns on Investment (ROI).
With big-ticket investments fueling Hyderabad’s real estate market, land prices in the city have witnessed an exponential increase in the last few years. The prices have escalated by almost 100 percent in some of the key areas, especially along the IT Corridor of Hyderabad, which has emerged as the most expensive market in South India, leaving the two most prominent cities, Bangalore and Chennai, behind.
“As the errant builders were showing this interim order and were preventing the demolition of even those patently illegal buildings, we brought this anomaly to the notice of the court,” said Sivaraju Srinivas, the counsel for the petitioner.
The company is in discussions with Mayar Group, which owns a 100-acre land parcel in Sohna, they said. “It is going to be a joint venture where the foreign fund will develop and lease it. The expected investment will be around Rs 450 crore,” said one of the persons, who did not wish to be identified.
In a first, units under the 2BHK housing scheme of Telangana government will be completed in 40 days flat when compared to 150 days it used to take previously. GHMC on Monday said the tunnel form construction technology — under which a 10-storeyed building can be raised in 40 days — is being adopted now to build 2BHK houses at Rampally village in Keesara mandal.
The Teranet-National Bank Composite House Price Index, which tracks data collected from public land registries to measure changes for repeat sales of single-family homes, showed prices were up 0.7% in June from May.
The resolution professional who was overseeing the insolvency process of the defaulter company filed a plea before NCLT questioning the attachments made by the Enforcement Directorate after the commencement of the insolvency process.