Mumbai Continues To Be The Most Preferred Property Investment Point!

The Indian real estate marketing is heading for a steady revival in 2016, with over 70% of investors expecting improvement in sales in the next 12 months. The report Peering Into 2016: Taking Pulse of Investor Preference says there is a spike in investor interest in the real estate market as around 43% of respondents saying that the number of successful exits will increase this year. 

While Mumbai and Bengaluru will continue to be the most preferred destinations for investment, commercial office and mid-segment residential property will be the top two preferred assets classes by investors. After relatively muted calendar year 2013 and 2014, private equity investors significantly increased their bets on the Indian real estate sector in 2015. This report examines the motivations and expectations of PE funds who are now actively ramping up their exposure to this sector. 

As per report, a majority of exits over the last 12-18 months has been characterized by refinancing or buyback. A significant number of investors who participated in the survey believe that the refinancing theme is set to continue beyond the next 12 months.  The report said proposed regulatory initiatives such as the relaxation of foreign direct investment rules in real estate and passage of real estate regulatory bill will enhance investment in smaller projects and positively impact sentiment by boosting buyer confidence.

Today there are several financing options available. Driven by the need to increase returns and a desire to diversify, investor’s interest in international property markets is once again on the rise and India definitely seems to be leading that interest. According to the report, newer sources of capital from Japan & China are expected to enter the Indian real estate market in 2016 while pure equity investments are likely to make a comeback this year.

For the report, JLL carried out a survey of seasoned investment professionals across a number of issues like market fundamentals, successful exits, distressed deals as well as top three asset classes and top three cities for investment over the next 12 month period. Few of the challenges in the market have bottomed out. So definitely the market is reviving but it is going to be a slow one. There is a going to be greater balance between demand and supply. Investor sentiments have improved. However, it is a cautious one where investors are now more focused on good quality and locations.

MCHI CREDAI Property Exhibition Starts From Tomorrow!

The most awaited real estate and property expo – The Maharashtra Chamber of Housing Industry (MCHI CREDAI) takes off tomorrow and ends on 26^th January, 2016. It is one of the largest property expo which will let you explore massive range of developers and builders out of which one is our very own GuruKrupa Group. 

The Maharashtra Chamber of Housing Industry (MCHI-CREDAI) which was formed in 1982, is the most prominent and the only recognized body of Real Estate Developers in Mumbai and MMR. MCHI-CEDRAI brings together members dealing in Real Estate Development on one common platform to address various issues facing the industry. With a strong Membership of over 1800 leading Developers in Mumbai and The MCHI-CREDAI has expanded across MMR, having its own units in Thane, Kalyan – Dombivali, Mira-Virar City, Raigad and Navi Mumbai 

Members of MCHI-CREDAI account for 80% of the organized Development of new residential and commercial properties in Mumbai and MMR. MCHI-CREDAI is recognized by Government of Maharashtra and the Central Government and helps in meeting their objectives of providing housing, which is a basic necessity. 

GuruKrupa group also participates in this property expo. You can know more about our latest residential project – Guru Atman which is a full- fledged township in Kalyan with 7 magnificent towers of 19 storeys – 1 & 2 BHK Apartments. 

We also haven an exclusive offer for this expo where you have to pay simply 10% during the booking and get the possession right away! You dream home awaits you.. Hurry!

Trans-Harbour Link Will See Drastic Dropdown In Property Prices In South Mumbai & Western Suburbs

The Union ministry of environment and forests decision of granting in-principle approval to the 22km Sewri-Nhava Shewa Mumbai Trans Harbour Link will significantly downsize the skyrocketed property prices in Mumbai and will boom the prices in Navi Mumbai – Particularly in Ulwe and Panvel. According to the government, the Rs. 12,000 crore project will be vital connector for the upcoming Navi Mumbai International Airport and South Mumbai. It will cut down the travel time drastically. It will be a big boost for the Navi Mumbai real estate sector and will also cut the down skyrocketed prices of the South Mumbai

This much awaited project will open the 700 sq.km of land in Navi Mumbai that is hardly 20-25 minutes away from South Mumbai. While buying a house, people look at two things: convenience and location. This link will provide both. The buyers will get lot of options while buying an apartment. It will also put the huge pressure on soaring prices of South Mumbai and western suburb and in the coming days, the property prices of these area will start falling drastically.

Now, this link will provide ample land. The only hunch and fear is that the Cidco – the government planning authority – should not play spoilsport by controlling the land and releasing it in short quantum. The government should monetize the land but it should look at the effective use of land. The land efficiency should be increased. 2015 was a disappointing year for Navi Mumbai but 2016 will be a game changer. "In Navi Mumbai, Ulwe and Panvel areas are the most preferred because of the locations and infrastructure. The future belongs to Navi Mumbai. We have been waiting this link to happen for quite a long time. We are grateful to government taking this project at war footing.

The tender procedure of this ambitious link construction will start in March. "We are planning to do this on the cash contract basis. Interestingly, earlier also, three times the tender was floated but to due to the tepid response the link could not proceed further in the last 15 years. Besides, government is also working out a formal loan agreement with the Japan International Cooperation Agency (JICA) to fund the project. Government wants to complete this link at the same time when the airport gets ready.