Author: Hrishi Kumar

Being one of the prime contributors towards Indian GDP and employment generation, a lot is always expected out of the real estate sector. This sector alone is responsible for being a user for over 30 allied industries and sectors. As we bid a goodbye to 2015 and gear up for 2016, a lot has changed since the beginning of this year where several major announcements were made for infrastructural developments and the country in general that will highlight realty sector as its backbone. Much was delivered during the course with still some left in pipeline for the next year. [gt_heading…

With the onset of global industrialisation back in the 18th century, gradually came a time when the demand for its final product, ‘Real Estate’ started to catch up pace. As real estate rose in demand, providing its supply began to create environment damaging residual in the form of deadly ‘emissions’. Although, with an enthralling support that our country received at the Global Climate Summit 2015 in Paris; India is all set to go green in ways of future development where realty sector is all set to be the prime contributor. “There is no denying in the fact that preparation of…

A region being close to coast, riverbeds or under the radar of regular or irregular monsoons is sure to receive Poseidon’s wrath anytime. This brings our attention towards the importance of having a strong drainage management system along with sturdy structures in the regions so as to avoid any form of damage or bringing the region to a standstill. The recent Chennai floods have come out as an eye-opener for several realty regions such as NCR, MMR, etc. as they sit along several rivers and face irregular and untimely rains throughout the year. As the global warming is catching pace…

What is the purpose of owning a house when it is not secured? What is the purpose of owning a house when you can’t get mental peace? What is the purpose of owning a house when your money is bound to go waste? Providing houses to public is one aspect of fulfilling the duty, but what is the purpose of providing houses without proper safety and security measures? Housing sector in India is extremely vast which has been rising in demand due to ever-growing population. Thus, answering the housing needs is incomplete if sound security and safety of residents is…

In a much anticipated and steadied move, the RBI kept rates unchanged today in its last bi-monthly policy review for the calendar year. The key rate (Repo Rate) remains at 6.75 percent, Reverse Repo Rate at 5.75 percent, Cash Reserve Ratio (CRR) at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent respectively. Since its first policy review for this year back in January, the apex bank had reduced the key rate by 125 basis points or 1.25 percent allowing a significant room for the banks to reduce lending rates for the buyers. “RBI’s rate reduction by 50 basis…

Earlier this year on 25th of June, the current Government of India had announced development of 500 cities under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) plan for Smart India Mission. For the same, centre has finally begun with efforts by clearing proposals worth Rs. 11,654 crore that are aimed towards improving basic infrastructure and facilities in 272 cities and towns, which include investments worth Rs. 3,120 crore in 102 cities and towns. “The much awaited infra upgrade plan for the country is finally underway. Infrastructure in any region serves as the backbone for its realty sector and…

The Indian real estate sector is expected to grow and touch $200 billion by 2020. For over last one decade, housing sector itself has had a 5-6 % consistent contribution towards Indian GDP along with being one of the primary contributors towards employment generation. This sector can be broadly classified into four sub-sectors; housing, commercial, hospitality and retail. As the country moves towards urbanisation, this sector’s growth will be well complemented and the demand for housing and commercial divisions is bound to move north.The much awaited Goods and Service Tax (GST) is to be tabled in the upcoming winter session…

[gt_blockquote id=”gt-blockquote-302″ type=”left-aligned” source=”William Shakespeare, Romeo and Juliet” text_size=”” text_color=”” text_weight=”normal” text_style=”normal” source_size=”” source_color=”” border_size=”” border_style=”none” border_color=”” border_radius=”” css=””]What’s in a name? that which we call a rose, By other name would smell as sweet. [/gt_blockquote] As perfectly quoted by Shakespeare makes us believe the fact that no matter the name, the essence remains the same. But in India, names make a huge difference in how we perceive somebody. Be it a living personality or even a non-living entity, names play a major role in describing. Real estate sector in India and across the globe are very selective when it…

As the festive season is nearing its end with Diwali and the winter season to commence thereafter, it is crucial to understand the importance of health during the entire winter season which must not be ignored at any cost. Fortunate segment of population which is able to beat the cold waves in the country are able to take care of themselves; but India has a majority of population which is unfortunate and looks for shelter, clothing and food to sustain the winter season. Real estate sector is largely employment driven as being one of the major contributors to generating job…