Low Affordability Ratio Makes Room for Growth in Indian Real Estate

India is a diverse country in terms of culture, religion, social status and lifestyles of its people. But it is a matter of pride that despite all diversities, India manages to go hand-in-hand at all levels. One such example is the economic disparity among the people of our country which also has a direct impact on the real estate industry. While some can afford bungalows in a city like Mumbai, other look forward to buying a compact home in a suburb that fits their budget.

Low Affordability Ratio Makes Room for Growth in Indian Real Estate

Low Affordability Ratio Makes Room for Growth in Indian Real Estate

Recently, the real estate market witnessed a record high level in price. However, a simultaneous increase in people’s disposable income was also recorded. This maintains the affordability and price rise balance in the Indian real estate market. [Read more…]

Is ‘Tangibility’ An Important Aspect of Real Estate Marketing?

What is the first thing that attracts you to a particular commodity? Most of us would agree that it is the ‘look and feel’ that works as the first impression of a product. When you go for shopping, you can actually touch and see the item, online portals show the picture of the commodity that pretty much convinces a customer as to how it would be. But how do you take the decision when buying a real estate project that is only on papers?

Is ‘Tangibility’ An Important Aspect of Real Estate Marketing?

Is ‘Tangibility’ An Important Aspect of Real Estate Marketing?

For a project that has not even started, it is obvious for the customers to get confused. However, as the Indian real estate industry is maturing, so are the marketing techniques. There are a number of ways in which the developers, sellers and brokers add ‘tangibility’ aspect to a project that does not even physically exist at the moment. With advancement in technology, this aspect is being emphasized by the industry specialists. [Read more…]

How is India’s Urban Landscape Developing on the Lines of Singapore?

Singapore, the most influential country of South-East Asia, has entered into bilateral relations with the Republic of India. Being a global finance, transportation commercial hub, Singapore will lend a hand in the planning and development of some cities of India. The two countries have always had strong cultural and commercial relation and this agreement is to augment the infrastructure development, economic correlations and trade in India.

Is India’s Urban Landscape an Imitation of Singapore

Firstly, Singapore set foot in the Indian real estate industry by lending financial and intellectual support to some of Modi’s smart city projects. The prime minister of Singapore welcomed this proposal and expressed genuine interest in making India infrastructural and technologically advanced. Last year, the country entered into a pact to develop Andhra Pradesh’s new capital going by the name of Amaravati. The International Enterprise Singapore will help in preparing the master plan of this new capital city and in providing proper guidance in urban development and governance. [Read more…]

Integrated Townships: Rising Trend in Indian Real Estate

Integrated Townships: Rising Trend in Indian Real EstateWhile picturing a home in his mind, an urban dweller does not only go for lavish projects and modern amenities. What a customer looks for is the viability of the project as a dream home. A home where greenery soothes your eyes when you look around, a home that is close to all social facilities and a home you can proudly call your dream home. Offering everything you need for a healthy and comfortable lifestyle, integrated townships are a rising trend in the Indian Real Estate market.

What is an Integrated Township?

An integrated township is a project that encompasses all facets of a modern lifestyle within the gated complex. It integrates the residential parcel with the commercial, retail, education and entertainment facilities. Usually, a township is spread over more than 100 acres and has school, hospital, banks, ATMs and recreation areas within the complex. These projects also have ample greens. Since city outskirts and suburbs offer land at comparatively cheaper rates, most of the builders prefer to build their integrated township projects in these areas. [Read more…]