Will Indian Housing Revive In 2020?
The slowdown in the Indian residential sector is not the result of any one factor, though many would be tempted to assume that over-pricing is the main culprit.
Anuj Puri
Bangalore Pays A Steep Price For Construction Negligence
The Karnataka government has proposed to ban the construction of new apartments in Bangalore for 5 years. This is a harsh scenario to ponder, considering that the reasons that led to its need are haphazard over-construction and negligence to implement proper water management.
Rs 4,51,750 Cr Worth Housing Currently Stuck In Various Stages Of Non-Completion Across Top 7 Cities
The top 7 cities currently have a total stock of 5.6 lakh delayed housing units worth a whopping INR Rs 4,51,750 Cr. These units were launched either in 2013 or before that. Lakhs of buyers across top cities – particularly MMR and NCR – have been left in limbo, leading to inconceivable mental stress and financial pain
Can Mumbai Reap The Real Benefits Of Mumbai Port Trust Land?
Mumbai Port Trust owns nearly 1,900 acres of commercially useable prime land in the south and south-central Mumbai along the sea-facing eastern coast. If put to good use, this large tract of land can help considerably in solving the city’s immense housing shortage.
GST Rate Cut – Panacea Or Brief Pain Relief For Real Estate?
GST rate cut or not, GST-exempt ready-to-move draws maximum sales Of the total unsold stock of 6.73 lakh units in the top 7 cities, only…
Will Brexit Impact Indian Investments In UK Real Estate?
Brexit is currently the source of a lot of uncertainty, and there will be short-to-mid-term repercussions on the inflow of investments into the UK. The…
Interim Budget 2019 – May Focus On Wooing Voters Rather Than Boosting Specific Industries
We must temper our optimism with realism and not expect major boosts for the real estate sector in the Interim Budget. In other words, let’s be realistic and not overly optimistic.
GST Council Fails To Deliver On Real Estate. But Does It Really Matter?
The need is to look beyond minimal tax sops and consider whether they actually make homes affordable and catalyze sales. Perhaps, instead of constantly looking for tax sops, we need to question the very fundamentals of pricing in real estate.
Coworking Spaces Becoming India’s Preferred Default Work Ecosystem
Coworking Spaces are proving to be the best alternative for a rising number of freelancers, women employees seeking flexibility, and for those looking to be stationed at prime locales with connectivity and faster commute options
Maharashtra Govt To Promote Mumbai’s Dharavi As New Business District
The previously failed attempts by the State Government to rebuild Mumbai’s Dharavi have now prompted a new angle – the area is now being promoted as Mumbai’s new business district.