Does Slow Global Market – Good Investment in India?

Media reports are flooded with news that more investors (both Indian and international) are interested in the Indian property market since this is the only profitable venture as compared to the slow global market. Investors are buying stakes in big and small property projects in many ways. Indian real estate segment has witnessed many international investments in the last quarter. While many investors are buying property in different cities.

Does global slowdown mean good news for Indian property segment? Do you think that more investors are turning up to India owing to a negative sentiment from the global market? Share your views with us

Real Estate –IT Connect

The word IT itself ticks success for most people in most of the countries, across generations. The appreciating rupee, high wages and increasing real estate prices, big, medium and small IT firms have made a success in Indian real estate industry too.
This is evident in tier-II and tier III cities in India such as Udupi, Manipal, Hubli and Belgaum in Karnataka, Kozhikode in Kerala, Tirunelveli in Tamil Nadu, Jaipur in Rajasthan, and Durgapur and Kharagpur in West Bengal.

Smaller IT firms catapult the real estate requirement in more of such towns and cities that tap on the high income groups of the young-generation real estate investment options. Do you think such encouraging prospects actually materialize in terms of lasting commitments from the younger generation? Are the real estate developers actually capitalizing from such enthusiastic end-users who form a work-force of smaller IT firms that typically go by hire and fire rule? Do share your opinions with us.

Is Indian Property Segment Losing its Sheen?

Raising home loan rates may spell doom for Indian property segment. Property buyers and investors have already been hit hard by high property prices, stagnant market and now the hike in loan rates.

Will the property segment be able to surge ahead of these crisis? What do you think? Share it with us here.

Eco-Friendly Houses v/s Conventional Homes

Indian real estate segment is abuzz with the popularity of green homes. To put it simply, energy efficient houses that make maximum use of natural light and resources are becoming popular in India. These houses look aesthetic and also bring down the maintenance and resource usage (like water and power) in the long run.

Property developers like Alpha G Corp, Hiranandani and K Raheja Group have shown inclination to build such homes. The only deterrent is that the construction cost for such houses are higher by 10-15%, when compared to conventional homes.

Given a choice, would you buy a green home or a conventional home? Share your opinion with us.

Is this the Best time to Buy Property?

Recent media reports suggest that Indian property market is heading for stagnation. Real estate prices have stabilised in most cities. While the home loan rates have been hiked, experts still feel that this is the best time to Buy Property in India.

Maharashtra Chamber of Housing Industry President has indicated that this is the best time to buy property since property prices are reasonable and the chances of an upside in the future are greater as compared to other asset classes.

Do you agree with this? Wil you buy property when prices are sky-high?

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Building Developer’s Trust

The real estate market in India is largely unorganized. Small players with a local presence dominate the real estate segment. Traditionally, the real estate developers were viewed with an element of mistrust. This was because of the reason that developers often had dealings with large amounts of unaccounted money, lacked transparency.

Lending to developers was equivalent to a risky deal as developers were known to bungle end-user’s money without even delivering on time. Moreover, developers would not think twice in using muscle power while manipulating the processes towards their own benefits and approvals.

With the coming in of Foreign Direct Investment, do you think the attitude of the public in general has improved or changed towards the developers?

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Affordable Housing: Are Property Developers Really Serious?

Property developers in India are now considering developing affordable houses. At a time when property transactions are stagnating, mass housing is still popular with masses. Middle income individuals and young professionals are still buying property in India.

The civic authorities of Chandigarh and Delhi have announced plans to develop mass housing residential units. Private property developers like Ansals, Omaxe and Parsvnath have announced similar plans. However, rising rates of construction materials and narrowing profit margins have left them thinking. Many such projects are yet to take off. Instead, these developers have been urging the government to provide more subsidies to them.

What do you think about it? Should the government assist these developers for mass housing projects?

Online Real Estate Services: Are They useful Enough?

property buyer has never had it so good. Today, one can access the details of all vacant plots and flats just at the click of a mouse. Real estate portals are working as an excellent communication channel between property sellers and buyers. Websites allow property buyers to check all details and specifications of the desired property and compare it with other options available. Real estate developers consider property portals an excellent medium to reach the prospective buyers.

However, all property websites just list the specifications of the property and display the contact details of the buyer/seller. The buyers and seller have to communicate through another window/medium to discuss and negotiate. Do you think that real-time property transactions are viable? Will this help property buyers and sellers? Can real estate portals become more interactive?

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Are EMIs Driving Property Sales?

The demand in property market seems to be hitting a standstill. Latest Property reports suggest that high home loan rates and an indecisive market has caused a dent in the property demand.

Property Developers are now offering gifts and incentives to home seekers. Many are offering flat EMIs and some are offering no EMIs till possession. Earlier, Banglaore-based Saffron developers had offered a free SX4 car with purchase of a flat worth Rs 60 lakh.

Will all these lucrative offers drive property sales? Will home seekers be driven by any of these offers? Will these offers drive people to re-consider Property Buying decision?

Real Estate: Is Lucknow’s Development a Doon or Dane?

Frantic real estate developments have changed the face of Lucknow. The erstwhile city of Nawabs is soon being transformed into the city of skyscrapers.

Suburban areas have become the hotbed of all Real Estate developments. New localities like Mall Avenue, Civil Lines, Hazratganj, New Hyderabad, Janakipuram, Indira Nagar and Gomati Nagar are being preferred over the city centre areas like Old Lucknow. New property concepts like flats, apartments, integrated townships are coming up in these areas. Private property developers and the government agencies are showing keen interest in developing these areas since the demand for residential space is the highest here.

Will these new localities take away the sheen from Lucknow’s city centres? Will home seekers shun old houses and kothis for posh flats and apartments?

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