Experts Speak

Declining Home Loan Rates to Kick-start Residential Revival
In the midst of all the demonetization brouhaha, there is a reason to celebrate in the real estate sector. The Indian housing markets historically kicked off due to the easy availability of cheap home loans. Today, we see the past revisited, with the possibility of a healthy resurgence in demand driven by dipping home loan rates.Cheap loan rates are obviously not... Read More
Mumbai’s Western Suburbs See Highest Increase In Office Rentals, CBD Highest Decline
The gross average rents in Mumbai (including Thane and Navi Mumbai) rose by 1.3% y-o-y, as of 3Q16. In Mumbai, the western suburbs’ micro-market registered the highest growth in rentals at 2.1% followed by the eastern suburbs at 1.7%, SBD BKC at 1.5%, SBD Central at 1.4% and SBD North at 1.2%. CBD rents continued their downward journey and declined by 1.6%. Outs... Read More
Maharashtra Will Embrace RERA In Letter and Spirit
There are quite a few positives to be found in the Maharashtra RERA draft. For instance, all under-construction projects, irrespective of whether some of their individual towers/phases have received OC, have been covered under the Act. Full project-level disclosures have been mandated. Even older sales of units need to be disclosed in terms of monies received, and the... Read More
10 Reasons Why Demonetisation Is Good For Mumbai’s Property Markets
Demonetisation is one of the best things to happen to real estate. Now, the sellers and buyers only have 3 alternatives, buy/sell, hold or lease. There is no going back and forth on a decision and waiting for various alignments to happen. Now either you will sell or lease or hold on till you don’t get a buyer or the price. For me, demonetization will result in s... Read More
Where Are Indians Investing Today?
Traditionally, there has been a high affinity for physical assets such as precious metals, jewellery and real estate among Indians. This trend has been changing quite rapidly over the last decade. The reasons are varied. One important factor playing a role here has been the increased penetration of financial instruments tapping populations living even in remote villag... Read More
Demonetisation Unlikely To Have Any Negative Impact On Home Prices
Writing an article on Real Estate prices now has the same business model as that of news channels. Sensationalism sells, facts may not.In mid-2015, a report predicted 50% crash in real estate prices. The logic used was that the rental yield on real estate is very low as compared to the interest rates on bonds. Nothing akin to the prediction happened. But the report di... Read More
How Will Demonetisation Impact Residential Real Estate
Most of India's business environment has been tremendously shaken up by the recent demonetization of the higher currency notes by the Modi government. This is the third demonetization exercise undertaken by the Indian authorities, if we include the one done just before independence in 1946. It is still too early to accurately gauge the depth of the shakeup this ha... Read More
500 & 1,000 Rs Notes Abolished. Property Will Get Much Cheaper.
The bottom has dropped on real estate. So far that it's simply not visible anymore! Just when every industry expert was calling for an end to price cuts and moaning about the declining demand for residential property in India, Prime Minister Modi has exterminated Rs. 500 and Rs. 1,000 notes. And without doubt, the land and property markets in India will take a big... Read More
New 20:80 Subvention Scheme Is New Wine In Old Bottle
The traditional 20:80 subvention schemes have proved to be quite popular amongst the property buyers as well as developers. However, with more and more builders offering 20:80 (or similar) schemes, coupled with greater awareness amongst the buyers of the downside of such financing, these schemes have been losing their sheen.In order to revive the buyer’s interes... Read More
5 Essentials Of Making The Right Bet With Real Estate
The festive season is here, and so are fabulous offers from developers, offering you freebies galore. Real estate prices haven’t budged in 3 years. Take an average annual inflation of 5%, bundle in the discounts and sweet payment plans and you’ll find residential property is already cheaper by 15% to 20%. Top it up with the beauty of buying a ready-to-move... Read More
Airports - The Next Battleground For Retailers In India?
Given the increasing number of air passengers every year in India and a crunch for quality retail space being faced by many foreign and domestic retailers across metros, airports are emerging as the next battleground for retailers. Following in the footsteps of major transit points globally, both the Delhi and Mumbai airports now offer a good tenant mix and demand for... Read More
Pros And Cons: Fixed Vs Floating Rate of Interest
Buying a house is one of the most memorable moments for any family. When I was a kid, I still remember a wall hanging "Home Sweet Home" in my friends and relatives house. You will not find this wall hanging these days but from the bottom of the heart, Home is still Sweet Home for all the family members. The property provides an emotional, psychological an... Read More