Tag «Residential Real Estate»

Tuning into Residential Real Estate’s Distress Signals in 2017

Anuj Puri, Chairman – ANAROCK Property Consultants   2017 was an unprecedentedly rough one for the Indian real estate sector with the implementation of RERA, GST, demonetization and several other reforms and initiatives. The residential market was beset by more policy changes in this single year than in the two preceding decades. The resulting distress …

‘Walk Score’ Driving Demand For Residential Real Estate

Arvind Jain, Managing Director – Pride Group   Abroad, a new trend of evaluating neighbourhoods by their ‘walk score’ is being seen among home buyers. The idea behind this is simple, and in fact the very basis of that favourite real estate mantra ‘location, location, location.’ And it has great pertinence for the Pune real …

Residential Real Estate – The Policy Effect: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India

Post the 1991 liberalization policy, India began to welcome various multinational corporates that were seeking permission to commence operations locally. Being the financial and commercial capital of India, Mumbai was the first city to witness a significant influx of large multinational firms. By 1994-95, real estate prices in the city increased to a point where …