real estate
Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Real Estate In Pain But Some Shares Cheaper Than In 2008

"The ongoing stock market decline has been relentless in its punishment of leveraged and cyclical companies. Not surprisingly, real estate stocks have taken it on the chin in the recent decline."
The ongoing stock market decline has been relentless in its punishment of leveraged and cyclical companies whose shares tend to have higher beta. 

Not surprisingly, real estate stocks have taken it on the chin in the recent decline. Consider this: over the past six months, the BSE Sensex has fallen 13.5 percent while the CNX Realty index is down 34 percent. 

For many investors, the fall in property shares is reminiscent of the 2008 crash, except that, unlike then, there has been an absolute lack of excitement with respect to such stocks preceding the crash. 

There's one more difference. Some of the stocks are trading at valuations that are cheaper than were witnessed even during their 2008 lows. 

To measure stocks' valuations, we used the classic metric price-to-book (P/B), which -- while having its own limitations (such as cash flow being more important than land bank these days) -- serves as some sort of yardstick to ascertain a stock's value.

Interestingly, in the current downturn, some of the 2008 crash's notable market-darlings-turned-lemmings, such as DLF, Unitech, HDIL and Indiabulls Real Estate, are trading at close to 1 time book value or below. 

Others that have arguably done a better job at management since, such as Sobha, Oberoi Realty or Ashiana Housing, are more expensive than the older lot but they too are trading cheaper than they have been in months or years. 

Price-to-book was calculated by dividing the company's book value (assets minus liabilities) per share, as of the latest filing, by its prevailing stock price on each day.
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Newly-Weds Should Choose Their New House Wisely


A newly married couple has a new set of hopes and aspirations for their future. New promises, new togetherness and new dreams together bring them to an experience that shall be an altogether a newer one. Such recently wedded husbands and wives need to exercise caution when they are heading towards buying a new house for them. Anything related to property (buying or selling) needs to be well analyzed before hand in order to avoid wrong decisions of your life.

Since it is a new start, let it be a healthy one that gives both of them a space to understand each other’s needs and aspirations. Choosing Delhi or Gurgaon as your new abode can be options which need to be analysed by the couple’s affordability and other requirements. If it is the question of your job and you are looking forward to live in a place that gives you the mobility cutting short your traveling time then you have to be location specific.

For example, say if your work place is near GT Karnal road in cities like Sonepat, Panipat which are approximately an hour away from the capital then choosing Parsvnath’s La Tropicana in Delhi will be your best bet.  Sure shot advantage of choosing such an option shall be that first, you are living in Delhi and not in the second tier cities and second, you shall be living lavishly with all the basic amenities around you.

However, if you are more concerned about spacious and lavish living then, simply head towards Gurgaon. A lot of families living in Delhi since ages have made this decision given the plush amenities available out there. The most upcoming area after the Golf Course Road in Gurgaon is flats in Dwarka Expressway. There are top rung builders involved in constructing houses that are villas, row houses, flats, apartments, penthouses etc. Choose what suits you the best.

Source: WordPress (Newly-Weds Should Choose Their New House Wisely) 
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Google’s Solar Project Carries High Potential in Indian Real Estate Industry


The real estate industry as well as the solar industry all over the world is going to get a major thrust with this technological advancement that lets you access how much sunlight is falling on your roof, how many trees are obstructing it and how many panels are required to tap that solar energy into your house. 

It’s called Project Sunroof. According to Google, the app uses the data from Google Earth, calculates the amount of solar energy that can be used per year and provides an estimate on how much energy has been saved. At present, this technology is available only in Boston, the San Francisco Bay Area and central California and is expected to spread in all over the world soon. 

Developed by their engineer, Carl Elkin, he foresees the future of real estate in technology and energy. With the National Green Tribunal (NGT) of India focusing on maintaining the greens in the country, this could be news that is useful for them. The level of awareness and need of utilizing the solar resources is quite low in the country barring Gujarat that hosts the country’s largest solar power plant in Bitta, Kutch district by the Adani group.

Imagine yourself using this app while you tap on your search to find a property in Delhi that gives you maximum sunlight on your roof. The value of your property also appreciates according to the sunlight it gets. A new parameter that provides the buyers and sellers about a new development that enhances the value of their property shall soon be a trendsetter. 

As found out in a study, people belonging to their 20's have bought their first house in the country changing the trend from 40's earlier. Given this shift, sooner or later, buying flats in Delhi shall also be concerned with solar energy consumption. The new generation is more open to change which is why solar is the future of India. 
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Shop a Tension Free Home


We were travelling on the GT Karnal road by car. The spic and span road running across the length and breadth of the city we were crossing gave me an insight of how life could be while living in one of those projects of the builders nearby. I haven’t seen their colourful brochures, it is just the under-construction building which is upcoming in the region that is enlightening my mind to think.

And then it sparked in my mind to ask what is the guarantee that if today I go out to explore an option to buy a home in one of such under-construction buildings will I be delivered what was promised? “Nothing” came a prompt reply from my husband. Further, he added that, “You never know which organization would stand in and impose a stay order on the construction activity on any given day.”

True, I said. After all, buying property in Delhi is not everybody’s cup of tea. And when these kinds of situations arise, it gives impetus to the ongoing slump in the market. Then, what is the recipe of buying a home that gives no tension to the buyer for its future prospects in terms of delivery and possession? The answer lies in doing your research as deeply as possible. Dig on to ensure a watertight deal with the builder. The following are the precautions that you should consider before you buy your new house:

Maintain a check list: Collect all necessary documents from the builder before you sign a deal with him. You must ask from him for environmental clearance, intimation of disapproval (IOD) or a building permit, building layout approval and a commencement certificate.

Litmus test: If your builder has a pre-approval from any of the well reputed banks who ensure a thorough check-up before deciding to lend to the buyers then, be assured that all is well with the builder.

Check his background: There is mushrooming of builders in the millennium city. If you are planning to Buy Property in Gurgaon or anywhere else, ensure the background of the builder through consumer websites and forums on the internet. Talk to the residents of his previous projects and ask about his feedback.

Check it legally: You must not evade this step in order to avoid extra charges from your legal expert who may fetch you with authentic information specializing in local property laws.

Source: WordPress (Shop a Tension Free Home)
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Brokers Need to Technologically Upgrade Themselves Too


Has technology eaten or enhanced the job prospects for the real estate associated professionals? When we are out on the job of house hunting, we have always faced a dilemma whether to consult a real estate broker or not. Many of us believe that the role of these brokers has become redundant with everything available on the internet. There are lavish online portals who are delivering a trustworthy advice where to buy/sell or rent and in the coming years, this shall become the most reliable source of information for every investor.
If such trend is being followed then what will happen to the brokers? What sets them apart from the online advice which people are ready to trust in while they have second thoughts in sitting face-to-face with a broker? It is the lack of trust and expertise required to enter this career field that has led many of the prospective clients to be vary of them.  Training to brokers is the next step adopted by players like Tata Housing and RIC to set up ‘Bandhan’.
Realty Redefined, a start-up, has launched R-Square which is a dedicated website directory for real estate agents with their complete profiles on display. It is now important for the brokers to be upgraded with the digital marketing platform to welcome clients with a renewed sense of trust. For example, if someone is looking forward for Luxury Apartments in Gurgaon, he will simply type in the search bar and get access to all the information required to empower him. Consumers are going online, so why not trace them there and tap the best resources through a trust worthy channel?

Brokers have brought forward an evolution of the real estate market and have played a crucial role in defining the decision of the buyers. They have although strengthened the market but they have never got their due respect because of the huge gap in the customer service expectation.  With the changing dynamics of the real estate sector it has become crucial for them to change and evolve too.
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First Time Home Buyer Tips

THE 6 MOST ESSENTIAL, HOME BUYER TIPS


A survey of 400 Real Estate professionals found that these are the most important tips for home buyers.









For More Information On Buy Flats in Delhi NCR

Try not to waste time anymore and get in touch with us at Siddhanth Promoters to avail the best possible deal. We are a Real Estate Consultant in Delhi NCR always ready to assist you in your search for that perfect dream property.
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