realestate2022

How demonetisation transformed property sector:  3 stunning real estate opportunities now available Demonetisation has reduced speculation around real estate assets for the time being and moving ahead given RERA regulation, this impact is here to stay. Demonetisation has reduced the speculative nature of house buying to some extent. For investment professionals, demonetisation has thrown open the doors in terms of real estate opportunities. Demonetisation has reduced speculation around real estate assets for the time being and moving ahead given RERA regulation, this impact is here to stay. Real estate assets – not being speculative in nature and reflecting real fundamentals – are not only beneficial to the economy overall, but also create three opportunities for investors: 1) Lending Opportunity to Small to Medium-Sized Developers:  While large-scale projects and developers have seen significant interest from private equity and real money investors, small to medium-sized deve...

To Buy Or Not To Buy? The residential realty market is expected to look up post-RERA and other consumer-friendly provisions, but the loopholes are hurting The festive season is back with a bang, and it is time for mega purchases - be it couture, appliances, gold or real estate. Buying a home has always been an Indian dream, often considered a good investment, a lifetime asset and part of the social upside. And it could be especially lucrative right now as builders and promoters are sitting on huge inventories and wooing customers with discounts and freebies. For the past four-five years, the residential real estate market had seen a steep fall in demand as prices touched the sky, so much so that last year, then Reserve Bank of India Governor Raghuram Rajan had called for lowering prices. Next came demonetisation that played a big spoilsport and sales dipped by an average 30 per cent during the October-December quarter compared to the previous one, according to data from real estate res...

A 2017 festive season primer for homebuyers The year 2017 has not exactly lived up to the expectations of the residential property sector. RERA has been deployed, but as of today, only 18 states and 7 Union territories have notified RERA, while 10 states are yet to notify it. While RERA has certainly already made its expected effects felt in states like Maharashtra - which includes very important markets like Mumbai and Pune - it has not yet extended its full influence over parts of the country where RERA it is probably needed the most. Though Haryana and UP have notified RERA, they are yet to set up the portal via which developers can upload their applications for registration of their projects. The web portal is also critical for buyers, as this is where they can check the details of projects. Also, these two states have come under heavy criticism for diluting the Centre's RERA norms.  GST, while technically a good move for all industries, has brought more confusion than benefits...

CM Devendra Fadnavis kicks off country’s biggest regularisation exercise In Mumbai, the commercial capital, the move will mainly benefit residents of hundreds of buildings, where the builders have built beyond permissible floor space index limits. Sources said that the Campa Cola compound residents may benefit too. In what is being described as the biggest regularisation exercise in the country, Chief Minister Devendra Fadnavis Saturday notified rules for legalising over 5 lakh unauthorised constructions across urban belts.  The Fadnavis-led Urban Development (UD) department, which has faced criticism from the Bombay High Court over the mass regularisation plan, has persisted with it, notifying the final rules in this regard on Saturday. While the BJP had earlier run a successful election campaign for urban local bodies where it had doled out the promise, the High Court had objected to this policy. On July 21, Fadnavis declared his intention of going ahead with the p...

What REITs (Real Estate Investment Trusts) mean for Indian Real Estate Real estate investment trusts are intended to enable more people to invest in the Indian property market and boost funding in the sector. How does it work and why haven’t more people flocked to this investment avenue? We examine The Indian real estate sector has been lucrative for savvy investors over the last decade, but it has not been without accompanying uncertainties. The introduction of real estate investment trusts (REITs), will provide a platform that will allow all kinds of investors (even those with smaller budgets) to make safe and rewarding investments in the Indian property market. With REITs, investors can start with as small a sum as Rs 2 lakhs, to secure units in exchange. The REIT platform has already been approved by the Securities and Exchange Board of India (SEBI) and like mutual funds, it will pool the money from all investors across the country. The money collected from the REIT funds, will sub...