Accommodation Times News Services By Arvind Jain, Managing Director - Pride Group The Cabinet recently approved the Real Estate Regulatory Act (which is now pending for final clearance at the Rajya Sabha). Moreover, Maharashtra is all set to receive its own very State-level housing regulator, with chief minister Devendra Fadnavis having cleared the decks
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How Employment Influences Real Estate Demand
Accommodation Times News Services By Arvind Jain, Managing Director, Pride Group One of the main factors that drive demand for housing in a particular locality is employment growth. An area where a number of companies are opening up job opportunities for the population becomes a magnet for residential property demand. This makes such
The Pros And Cons Of Internet Marketing In Real Estate
Accommodation Times News Services By Kishor Pate, CMD - Amit Enterprises Housing Ltd. Indians has been rather quick in going online, and the depth of Internet penetration across the country is quite remarkable. However, when it comes accepting the Internet as a serious medium and tool to boost business, there was considerable disbelief
SOBO- Dying Market or a Buying Market?
Accommodation Times News Services By Feroza Mehernosh Bharucha Realtor at Nagarwalla Estates SOUTH BOMBAY (now South Mumbai) popularly known as SOBO… well people born and brought up here would swear this is the best city to reside in and work in. The infrastructure, culture, health industry, hospitality, tourism, night life, safety, when compared
Infrastructure: The Key Real Estate Investment Criterion
Accommodation Times News Services By Anil Pharande, CMD – Pharande Spaces We keep hearing the term 'market drivers' being used in real estate. What are they? Market drivers can be defined as developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far
Buying Distressed Properties Through Bank Auctions
Accommodation Times News Services By Anuj Puri, Chairman & Country Head, JLL India Distressed properties are those where the owner has taken a loan against property to acquire the asset and been unable to service his debt obligations. Due to the owner’s falling behind on the EMI payments for 4-5 consecutive cycles,
Prominent High Streets In The Limelight Of Leading Retail Brands
Accommodation Times News Services By Pankaj Renjhen, Managing Director – Retail Services, JLL India India’s traditional bazaars have evolved into today’s high streets. At the same time, the perception of high streets being down-market is changing. They - particularly the prominent high streets - enjoy respectable positioning in the Indian retail scenario
What Defines High Streets In India?
Accommodation Times News Services By Anuj Puri, Chairman and Country Head at JLL India With the advent of shopping malls, retail industry analysts would have assumed a gradual death for the high streets. However, high streets have survived and a few of them have, in fact, strengthened over the years. JLL’s latest
69% Of Mumbai’s Unsold Housing Stock Priced Above Rs. 1 Crore
Accommodation Times News Services By Ramesh Nair, COO & International Director, JLL India At a time when the residential real estate industry in Mumbai has hit a plateau in terms of capital value appreciation and sales, a startling fact has come to fore. A good 69% of the overall unsold inventory (within
Single-Window Clearance Is The Need Of The Hour
Accommodation Times News Services By Kishor Pate, CMD – Amit Enterprises Housing Ltd. The Indian real estate market is in dire need of single-window clearances for residential projects. The process of project approval must be revised so that developers can launch more projects and increase supply, which will help in keeping prices down.