India´s realtors are becoming increasingly transparent and tech-savvy in order to stay relevant in a glocal and diversified market.In a sector with forward and backward linkages with over 165 industries, they are investor partners, advisors, negotiators, helpers, even friends, philosophers and guides! They are, of course, India´s realtors.
‘Consumer is king’ is an adage that doesn’t seem to apply in the world of real estate. Shipa Shree finds that most contracts signed between the developer and buyer are one-sided – in favour of the developer.
For the entire construction industry – from developers and architects to contractors and building materials and equipment suppliers – Tier-II and Tier-III cities spell an opportunity, and a chance to gild the country’s future.
"It is ultimately the construction of a building's foundation that will stand the test of time."- PRANAY VAKIL, Ex-Chairman, Knight Frank India, was Guest of Honour at the 7th CWAB'Y Awards. In his speech, he urged the industry for a change in perspective.
Pranab Dutta, Vice Chairman and Managing Director has been promoted as the Chairman of Knight Frank India after Pranay Vakil retired from the firm this September. Autodesk, Inc, a leader in 3D design, engineering and entertainment software,
With various major initiatives having preceded the Budget, it was almost obvious that the actual Budget will not throw major surprises largely because of the difficult fiscal situation and compulsions of the coming elections in 2014. To that extent the Budget is on expected lines.
Knight Frank India says Bangalore may witness a glut of ready projects of real estate for customers in 2015. Bangalore, which saw the launch of 35,500 residential units in 2012, is witnessing a similar trend in 2013 as well. Already in the first quarter (January-March) of this year, the city witnessed the launch of 8,000 residential units. The market picked up largely towards the last quarter (October-December) of 2012, resulting in a number of new launches by prominent developers, said internat
Pioneer Property Zone has announced the appointment of Anand Sundaram as the company's CEO. Sundaram has an experience of two and half decades and will be responsible for the overall functions of the firm.
Gulam Zia- Executive Director - Advisory, Retail & Hospitality- Knight Frank India. Stopping of the scheme will impact the cashflows of developers. Already worsening liquidity position due to reducing sales will be further deteriorated with the stoppage of