Is Kashmir's Real Estate Market Opening Up? Review by ANAROCK Property Consultants

Is Kashmir's Real Estate Market Opening Up? Review by ANAROCK Property Consultants

The government’s recent decision to revoke Article 370 and Article 35(A) is expected to have a positive impact on Jammu & Kashmir’s overall real estate market, which has been quite dismal so far. Property prices in Srinagar, for instance, still hover between INR 2,200 - 4,000 per sq. ft. – significantly low for tier 2 & 3 cities in the country.

On the one hand, locals will finally see an increase in the value of their properties. On the other, the really exciting prospect is the opening up of opportunities for Indians from outside J&K to finally invest in immovable property here. In fact, in his recent address to the nation, the Prime Minister categorically invited various industries - including Bollywood - to make investments across the entire region.

The RERA Effect on Real Estate Sector in India: Review by Arun Puri ANAROCK

The RERA Effect on Real Estate Sector in India: Review by Arun Puri ANAROCK

The RERA Effect on Indian Real Estate Sector: Review by Anuj Puri, Chairman - ANAROCK Property Consultants.

It was not the magic wand it was hoped to be. However, over the past two years, the Real Estate Regulatory Act (RERA) has brought more sanity - and the return of consumer power - than seemed possible in such a short time. The real estate sector is still struggling with it and the Act is very much work-in-progress in many states, but RERA nevertheless hangs like a sword of Damocles over a previously unregulated industry. Eventual compliance across the board seems inevitable.

According to the latest readings on the Ministry of Housing and Urban Affairs (MoUHA) website:

A House Over Every Indian's Head - How Close Are We? Review by Arun Puri ANAROCK

A House Over Every Indian's Head - How Close Are We? Review by Arun Puri ANAROCK

In previous years, strong political will was often highlighted as the most necessary catalyst for change in a country like India. It has arrived - Modi 2.0 has displayed a single-minded focus on many fronts, and not least of all in its promotion of affordable housing. There is little reason to second-guess this government's will to see its goals to fruition.

Nevertheless, developers face several roadblocks to adopting the affordable housing mantra wholeheartedly. Where will the necessary land in central urban areas come from? When will the basic infrastructure necessary to make the cheaper peripheral areas viable for affordable housing be built?

Sun Pharmaceutical, JAI Corp, Engineers India Stock Recommendations by Epic Research

Sun Pharmaceutical, JAI Corp, Engineers India Stock Recommendations by Epic Research

Indian stocks recovered last week and this week has been mixed with markets sliding on Tuesday. Some stock specific action has been witnessed in Indian Stock Markets. Comments from Mr. Mustafa Nadeem, CEO Epic Research on three stocks investors and traders can check.

Sell on Rise: Indian Stocks Outlook by Epic Research

Sell on Rise: Indian Stocks Outlook by Epic Research

Nifty slips and shaved most of the previous week's gain on the first trading day of the week. The negative global cues and selling pressure at higher levels marked the previous upswing as a probable retest of resistance post breakdown and hence the downward momentum continued.

Indian Real Estate Sector Review by ANAROCK Property Consultants

Indian Real Estate Sector Review by ANAROCK Property Consultants

As India embarks on another year of independence, the country's real estate sector has a lot to be grateful for, a lot to hope for - and still a lot to worry about. Amidst the dual challenges of liquidity crisis and stuck projects that hang like persistent thunderclouds over the sector, we nevertheless inch closer to the ultimate goal of Housing for All by 2022.

Pages

News in Focus

Co-Living Segment Picks up in Delhi-NCR

Housing has become expensive in many of the good locations in Delhi-NCR and many people find it out of their reach.

Mid-cap and small-cap stocks shine on Indian Stock Exchanges

Indian markets have witnessed renewed investor interest in mid-cap and small capital stocks over the last few trading sessions.

Ford publishes first images of ‘Mustang-inspired’ EV prototype

US automaker Ford has recently published the first images of the prototype of its forthcoming electric vehicle (EV) which is inspired by the Mustang.

Germany announces ban on Glyphosate by 2023

Germany has announced its plan to ban use of glyphosate by year 2023 and the use will be limited before the ban will be implemented.

Kia showcases Ceed Sportswagon and XCeed crossover with PHEV option

South Korean automaker Kia Motors has recently presented the plug-in hybrid versions of two of its vehicles --- the Ceed Sportswagon and the XCeed crossover.

Volkswagen Group Components plans to electrify vintage cars

According to German publication Automobilwoche, Volkswagen Group Components (VWGC) has efforts underway to electrify vintage cars.

South Korean Government announces $900 million subsidy for electric vehicles

In an evident effort to increase the adoption of electric vehicles (EVs) in South Korea, the government has earmarked an amount equivalent of approximately $900 million for new e-mobility subsidies