DELHI NCR: Worst Hit Residential Real Estate Market in India
Delhi NCR Realty Market once upon a time flooded with Speculators Money from the Corrupt Congress Government Politicians and their Coterie of IAS Officers is the Worst hit Real Estate market in India...
View ArticleGovt Gifts Realty Sector on Diwali
Large developers have always been better capitalized than others with more access to money and at cheap cost (relatively). 100% FDI in townships and development of housing and commercial complexes is...
View ArticleBANGALORE: Mushrooming E-comm and start-ups are driving commercial real estate
Commercial properties in the city are doing very well with less than 5% occupancy rate, which is one of the least in the country. Expert are expecting less than 3% in coming years. Lease rentals have...
View ArticleChennai Property Price have gone too high too quickly
Chennai Real estate market is marred with government inactions and lot of dampening in interest due to Nokia and Foxcon. Commercial real estate had been very weak. However, commercial properties market...
View ArticleOrganized / Branded Builders MarketShare Improve
Realty Launches are slowing down across metros on slower sales, but organized developers have been gaining on sales and launches given little price differentiation now. It also offers the comfort on...
View ArticleLodha Developers Sales to Touch Billion Dollar
Lodha Developers remains the largest developer in India on pre-sales done per year. Management expects to cross Rs65 bn of sales in FY2016, maximum of which is from the MMR. Focus remains high on...
View ArticleIncentives for REITs and affordable housing
The budget was positive for commercial property and affordable housing markets, key highlights being – 1) Dividend Distribution Tax (DDT) exempt in respect of distributions made by the Special Purpose...
View ArticleIndian REITs - USD 18 bn Opportunity
With the Budget 2016-17 clearing the key hurdle of Dividend Distribution Tax (DDT), it has paved the way for REITs/ InvITs to see the light of day. We expect the 1st REIT/ InvIT listing in CY17. As per...
View Article7-Year Property Cycle of India
The property cycle in India is long (7 years) and shows strength both in terms of amplitude and the length, either way. Indeed, in the past 20 years there has been one down cycle (1996-2002) wherein RE...
View ArticleREITs & Infra Trusts: Will They Be Reality Soon?
Market regulator (SEBI) has introduced fairly comprehensive framework for introduction of REITs/Infra trusts. Further consultations are underway to smoothen out the last remaining hurdles. Three infra...
View ArticleJLL Views on Indian Residential Market
According to Jones Lang Lasalle - JLL, pan-India new launches have been falling steadily to now 30k units in F2Q17 and sales have stabilized at 36-38k units/quarter. Overall, projects with a good brand...
View ArticleREIT listings finally to come true in India
Recent media articles have quoted promoters /senior management of developers /sponsors putting a timeline for listing their rental portfolios. Our channel checks suggest some sponsors have started...
View ArticleMumbai Residential Wait for market equilibrium continues
MMR real estate market witnessed a marginal increase (4%) in pricing over last year, based on our visit to developers in the exhibition. More than 50% projects in our survey had a delivery schedule in...
View ArticleBlackMoney Real Estate - End of an Era
We Congratulate the Narendra Modi Government for taking the boldest step to eradicate the nuisance of Real Estate mafia with Corrupt & BlackMoney in the Mainstream Economy of India. Investments in...
View ArticleReal Estate Price Correction Inevitable for Industry Sustainability
The Indian real-estate demand will fall meaningfully as lack of currency slows down the black economy: NIPFP estimates black money is 40% of real-estate demand. Real-estate as the favoured repository...
View ArticleReal Estate Industry in India - Shift towards Transparency
Real estate industry is at a cusp and there is clear shift that is happening for positive in the long term. Looking ahead, there is a tectonic change that is going to happen to the industry, for which...
View ArticleMarket slowing down, managing repayments and construction the key
The Real Estate market has slowed after showing steady trends for two years on volumes. In Bangalore too, local issues drove negative sentiment, but organized developers held on to their volumes....
View ArticleInvestment / Speculation Made Less Attractive in realty - Budget 2017
Real Estate investors / speculators in India historically benefitted from full offset available on house property income loss (property rent - home loan interest). However budget 2017 has capped the...
View ArticleGovt Housing Benefits only for Low Income Groups
The credit-linked subsidy scheme (CLSS) under the Prime Minister Awas Yojana (PMAY) will help reduce the IRR on home loans by about 100 bps or imply 2-10% discount on purchase of new property, higher...
View ArticleRERA registrations in Mumbai Sluggish
As of June 15, 2017, only 16 Mumbai projects (plus 4 in Thane; 32 overall Maharashtra) are displayed as registered on the Maharashtra RERA website, which we believe are those approved by the regulator....
View ArticleResidential Real Estate - Affordability alltime high now
With property prices rangebound / downward across major markets, improving incomes + reduced mortgage rates have improved affordability levels to 10+ year highs. Mortgage rates are now near seven year...
View ArticleHousing for All by 2022
Volume growth is the key growth driver this decade, versus Asset Price Appreciation in the previous decade. The government's efforts towards Housing for All by 2022 implies multifold increase in...
View ArticleReal Estate in COVID-19 - Slow but not Out
Residential sales for listed developers were down 35% YoY; most reported ~50- 60% YoY decline, except GPL (+70% YoY). Seamless adoption of online booking systems, higher share of NRI sales, and demand...
View ArticleAccountablity Slowed Down BlackMoney Dominated Realty
The past few years have been the worst for India’s real estate market, constrained by the implementation of RERA, GST and demonetization ebcause the sector was largely under the influence of corrupt...
View Article2.8 Lakh Crore Worth Residential Projects Stuck in COVID-19
We expect stranded inventory worth Rs2.8 tn [2.8 Lakh Crore] to put debt worth Rs1.2 tn (28% of total real estate loans in India) at risk. Adverse market dynamics and regulatory factors have strained...
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