Weekly News Roundup (13 May 2016) – Real Estate News Under 100 Words

Print

New real estate regulations will push prices up by 30-50%, says Vikas Oberoi
In an interview with Forbes India, Oberoi, 46, says real estate prices may become costlier by 30 to 50 percent as a result of the direct and indirect costs (such as cost of capital) that developers will need to incur in the process of adhering to the new rules. Read more

New real estate bill: Safeguards for homebuyers not fully functional yet
The new rules make it mandatory for all real estate projects and brokers to be registered with the regulator who will oversee transactions and settle disputes. Read more

A key player in the real estate sector: A woman
One would normally not associate the real estate sector with women entrepreneurs. Buying, selling, renting properties is a man’s job, you would say. Till a woman comes along to shut you up. Read more

Why Property Websites In India Are So Much In Vogue
With the advent of modern technology and the service industry taking a competitive form in India, a new breed of realty brokers have stepped into the realty business. Manned by educated, professional and well-connected people, a virtual world of online property portals was born. Read more

Mumbai real estate prices may rise 6% in 2016 against slow 3.3% in 2015
The subdued rise in average residential property prices in 2015 in Mumbai came as a pleasant surprise as it was predicted to grow at 6-7 per cent (y-o-y). The average residential property prices in Mumbai and suburbs saw an appreciation of 7 per cent in 2014. Read more

India: Setting Up Of Real Estate Investment Trusts (REITs) In India: Regulatory And Taxation Aspects
At least 80% of the value of REITs Assets is required to be invested in completed and rent generating properties. Specific conditions are prescribed for investing the balance funds in other assets. Further, REITs are required to invest in at least two projects and investment in any one project should not exceed 60% of the value of assets owned by the REIT. Read more

The reasons behind Mumbai’s ever increasing, unaffordable home prices
What’s peculiar about this market is that despite huge unsold inventory and overall slowdown in India’s real estate sector, property prices continue to spiral up. The cost of a Mumbai apartment is estimated to increase by 6% in 2016, according to property consultant JLL. It rose 3.3% in 2015. Read more

Closing the budget housing gap in India
A vital step in fast-pacing the budget housing pipeline is more encouraging institutional funding. With the potential rate of return being as high as 25%, investment into budget housing projects offers excellent incentives for institutional funders. However, given India’s abysmal track record for transparency in the past, such funds will always seek the security and sustainability of developers having a good reputation. Read more

Team BroEx

BroEx is the largest go-to application platform for Real Estate Brokers to connect with each other to network and collaborate with each other to fulfill their business requirements reliably and quickly.

2 Comments

  1. “Howdy! Do you use Twitter? I’d like to follow you if that would be okay. I’m definitely enjoying your blog and look forward to new updates.”

  2. I simply want to tell you that I’m beginner to blogging and honestly liked this blog. Most likely I’m want to bookmark your website . You amazingly have good articles and reviews. Thank you for revealing your website.

Leave a Reply

Your email address will not be published. Required fields are marked *

We know you're human, still this is for your security. *