Supertech is just one among the many real estate players returning to commercial projects.
Smaller real estate entities have been active in the past six to eight months in launching big-ticket residential projects. Factors like the high debt of realty companies listed on the exchanges and small builders not having the capacity to hold on to a licence for too long have influenced launches.
Sheikh, who is very optimistic of the industry sailing though this tough phase, thanked Mohit Arora, the owner of Supertech, who has been sponsoring him since 2017.
New real estate portals like PropTiger and Commonfloor are also focusing on the secondary market in a big way.
Raheja has unveiled Krishna Housing Scheme in sector 14 at Sohna and the homes will be priced at Rs 15,00,000-23,00,000.
Sania Mirza says it will take her at least two more months to get battle ready
The real estate subvention scheme or 80-20 home buying plan, recently banned by the Reserve Bank of India, is now being replaced by other offers to attract buyers.
Property markets in Uttarakhand and Himachal Pradesh, which have had a dream run in recent years, are set to face a downturn.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
A trust deficit had been building between developers and their customers, with massive incidence of project delays and deviations. Compliance with Rera is an opportunity to revive buyers' confidence.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
Builders were questioned on unfair trade practices.
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
Branded residencies, designer-stamped homes have a snob value and are sold at a high premium, to willing buyers
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Real estate biggies unhappy with status quo on RBI rate cut.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
Realtors split on possibility of price fall, gold may replace cash in secondary deals.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
Discounts up to 15% expected this festive season; analysts expect October-December period to garner sales of at least 60K units across seven major cities.
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
Property prices will come down once there is a steady supply in the Delhi market, which could happen in the next three to four years.
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Across the country, residential projects offering deals have risen 45-50 per cent in the run-up to the festive season and may double further by Diwali and the year-end as realtors attempt to clear piled-up inventory.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
DLF has launched a mega discount sale of its properties.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Real estate biggies expcet single window clearance for upcoming projects.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Having established its licensing business for a decade, it is tapping real estate to build on its themes.
Some developers point out that what comes in the way of low-cost housing is the sky-high price of land
Turns down firm's plea for stay on CCI order; final order pending
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
The real estate sector is set to enter a progressive phase in 2015.
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