realestate2022

Rakesh Jhunjhunwala’s investment mantra:  'Young people should buy a house;  jewellery should be the last thing to purchase' Rakesh Jhunjhunwala is of the view that jewellery is the last thing that should be there on your 'Things to Buy' list! Rakesh Jhunjhunwala advises focus on buying a house. Rakesh Jhunjhunwala is of the view that jewellery is the last thing that should be there on your ‘Things to Buy’ list! In an interview with ET Now, Jhunjhunwala advises focus on buying a house. “One advise I will give to every young Indian is that the most difficult thing in urban India is housing. So, the first thing that you should do is try and buy a house. That gives a great sense of security,” he says. “…and although I am a shareholder in Tanishq, jewellery should be the last thing you buy. You must not only be investing in jewellery,” he says when asked for his investment tips. Jhunjhunwala also feels that people should seek professional advise when investing for the futu...

‘By invitation’ only projects Developers are catering to HNIs with ‘by invitation only’ projects, equipped with world-class amenities that most can only dream of. We look at what goes into making these exclusive projects There is real estate and then there is something called ultra-luxurious real estate. It’s that property which is out-of-bounds to the well-heeled and information about it is available only to a handful of privileged ‘insiders’. Such properties come under the category of ‘by invitation only’ residences. One has to belong to a particular segment of society in order to even be considered as a potential buyer. This is a category of luxury real estate where aspiring buyers must prove their worth to the developer in ways that transcend the ability to pay unheard-of sums of money. What are ‘by invitation’ residences? These special projects are designed after a lot of research about potential buyers who can afford the best and rub shoulders with the who’s who of the world. Thu...

Freebies Galore: Should You Rush Into Buying Property This Festive Season? (Dreamstime) The answer is yes, given the prevailing market conditions favour homebuyers with dipping sales volumes, rising inventory overhang, and realistic valuations.  And on the top of it, if developers are offering irresistible deals, then it’s time to grab one. The market is buzzing with offers that lure homebuyers to invest in the property market. A majority of these offers are available in the National Capital Region where the inventory overhang is very high. So, if you’re planning to buy a property in the near future, here’s what to look out for.  Look for the house that meets all your requirements because festive schemes and freebies only work if the property meets your needs on all the parameters. For instance, there may be schemes in the market that offer real benefits such as structured payment plans, free car parking or no registration fee. Small discoun...

REITs: Real Estate Investment Trusts REITs help make investments in real estate more accessible, long-term and income oriented. Aniruddha Chowdhury/Mint A real estate investment trust (REIT) is a platform that allows investors to make securitised real estate investments in small amounts. It works much like a mutual fund, pooling funds from various investors into one basket. Real estate is a physical asset. Through REITs this asset is broken into several parts and converted into a paper investment, or securitised. REITs help make investments in real estate more accessible, long-term and income oriented. They also help to build an efficient secondary market for developers to exit the projects. REITs usually invest in commercial properties and use the rental income to give dividends to unit holders. REITs mostly invest in completed properties to get a stable income stream. They tend to bypass under-construction properties . Globally, there are two major kinds of REITs: Equity and Mortgage...

Real estate festive discounts: Developers change strategy to focus on quality Contrary to previous years, many builders are likely to focus on showcasing key aspects of projects like approval status and completion stage Real estate developers are ready with a slew of offers in the hope of boosting sales. Photo: Aniruddha Chowdhury/Mint This festive season, real estate developers are again ready with a slew of offers in the hope of boosting sales. But this time, many are going for a different marketing strategy in view of the upcoming real estate regulations. While the usual freebies, discounts and incentives are around this time too, property advisors and brokers said contrary to previous years, many builders are likely to come up with more “intelligent marketing” and focus on showcasing the key aspects of projects like approval status and completion stage, thanks to the upcoming real estate regulations. Few of the large developers like Oberoi Realty Ltd and Tata Housing Development Co...