While 2018 has seen the teething problems of RERA and GST fast settling, which has also resulted in to substantial growth in new launches; India's leading builders see a positive impact of the reforms with growth prospects across sectors.
Comparing regions, there is not much difference in perception in terms of what buyers want. Kolkata as a city is unique in its way. There are different perceptions about the market. While some look at it as a slow market, I personally see movement in the present day.
Between the environment exterior to a building and the interior environment lies the Façade. 'The first and most important function of the Façade is to act as a filter between the inside and outside environment,' says Manit Rastogi, Founder Partner, Morphogenesis.
India is primarily an end-user market for the real estate sector. Although demand remains largely consistent, property sales volumes fluctuate on the basis of market influencers such as project pricing, end-user affordability, and macro-economic dynamics.
Where change is the only constant,Harshavardhan Neotia Chairman INNO-VISION ZONE, With several projects in Eastern India and other parts of the country in the pipeline, Ambuja Neotia Group continues to live by its maxim of making a difference to the way people live.
Today, Mumbai's 100-year-old Bhendi Bazaar, a place rich in history and culture, once considered among the liveliest local shopping destinations, is in a dilapidated shape. Eighty per cent of the buildings have been declared unfit for living.
Downward pressure on margins, availability of funds and slow moving order books - these summarise the performance of the construction and building sector in 2013. Going forward, faster execution of projects and seamless flow of funds into the sector hold the key to a positive outlook of this sector.