Developers are thinking that simplified processes in real estate will lower holding costs for them

Q: Do you think that simplified processes in real estate will lower holding costs for developers

Saran,

4th February 2016

Real estate News in Mumbai

foreign direct investment

simplified processes in real estate

lower holding cost for developers

fdi in real estate

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (2)

Yes, i am not ignoring it too. Over one-an-half-year, struggling developers have seen real rates coming down. New projects are launched at lower prices. Special offers are available indeed everywhere. Unless there is acceptance that this is indeed a price correction, the expectation and sentiment will continue to hold back the need from being converted to demand.

Rakshit, Mumbai

4th February 2016

Comment

It has become a bigger issue of today, however, it is the fact that the government’s dream of housing for all require many more homes to be built and delivered. However, homes need to be sold at prices that are affordable to the people and this means prices cannot rise substantially as they did in the past.

N.Mathur, Delhi-NCR

4th February 2016

The challenge with these belief in the model is the fact that the government needs to keep prices in check so as to achieve its goal of housing for all. The only solution therefore is for the sector to become far more efficient and produce faster than we have been used to thus far.

Rakshit, Mumbai

4th February 2016

Hi Saran,
I think it will take some more time. Price lowering in real estate in this level is more complex. An analysis of markets outside of Delhi and Mumbai brings to light that there is sufficient stock available at reasonably affordable rates. The expectation of prices correcting indeed is something that continues to be talked about.

N.Mathur, Delhi-NCR

4th February 2016

Comment

Hi Sir,
An analysis of investment opportunities today indicates that there are not many large scale projects that show returns of this volume and unless one factors in rising prices, the investment does not make sense.

Shantanu Kumar, Mumbai

4th February 2016