We were successfully able to garner over 500 registrations for the event. We are also driving maximum relevant traffic to the Property Science website by optimally utilising all digital tools.”, Pankaj Kapoor, Managing Director, Liases Foras, said, “SDA has been our marketing partner with our business evolving in the consumer and B2C domain. Over the years, the venture has steadily broadened its horizons from graphic designing to the realm of digital marketing — with the philosophy of complementing creatives with science intact to date. That’s a 29% increase during the same period a year ago. They may come down by 10%-20% across geographies, while land prices could see an even higher reduction of 30%,” Pankaj Kapoor, chief executive of real estate consultancy firm Liases Foras was quoted as saying. Liases Foras: Average price across tier I cities rose 2%. 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In contrast, unsold stock increased by 81% in Hyderabad in the same period, due to considerable new supply hitting this city in the last two quarters. (Photographer: Dhiraj Singh/Bloomberg). “In fact, on a sequential basis, housing prices have remained stable in most cities and recorded an increase in the case of Chennai and Hyderabad.”. DMG information handles over 95% of the United Kingdom’s valuation workflow for lenders and much more in the real estate sector. Anarock: New launches in the top seven cities jumped more than 33% to 62,130 units in January-March. The Knight Frank’s April 5 report said, “Considering this is the second consecutive quarter to cross the 2019 quarterly sales average, we believe the market is recovering well, if not having done so already.”. Knight Frank: The property consultant reported a higher 44% rise in combined sales in the seven cities at 71,963 units. SDA’s expertise lies in developing strategies that precisely cater to the client’s need and drive real, measurable results. New units launched during the quarter rose 38% year-on-year to 76,006 units. Rising Star Awards 2021 Entry Deadline - Monday, May 17, 2021 - ENTER NOW. Sales witnessed maximum recovery … The recent spike in Covid-19 cases in the country must be factored in for the future, said Shishir Baijal, chairman and managing director of Knight Frank India. Months taken to sell inventory fell 26% sequentially and declined 15% over a year earlier, it said. To be sure, while the three property consultants point to similar overall trends, their findings vary because of different methodologies. Liases Foras didn’t share new launches data. Impact of GST on Real Estate. Home sales in India’s top cities have surpassed pre-pandemic levels in the quarter ended March, aided by record-low interest rates, lower statutory levies in key markets and discounts offered by developers. “The sector will have to tread carefully to maintain the recently acquired momentum.”. Liases Foras, founded in 1998, is a non-brokerage real estate research company. The company operates in over forty countries through its subsidiaries RMS, DMG Information, DMG Events, DMG Ventures and DMG Media. Brands’ and YouTube’s gain is content creators’ pain: Impact of YouTube’s updated terms of service, Suveer Bajaj of FoxyMoron and Zoo Media launches Man’s Life, Essence appoints Sonali Malaviya to lead the agency in India, Yellophant Digital bags integrated digital mandate for Mezaya, iProspect India wins AU Small Finance Bank’s digital mandate, Commentary: Rethink the AIR, else meet the fate of print in West, Total readership better metric than AIR, says Rishi Darda of Lokmat. Liases Foras: Total sales rose 9% across eight cities to 69,697 units, according to its report. On a sequential basis (quarter-on-quarter), housing prices have remained stable in most cities and recorded an increase in the case of the southern cities of Chennai and Hyderabad. At the time of GST implementation on real estate in July 2017, the industry as a whole was witnessing a slump attributed mainly to demonetization and RERA (Real Estate Regulation and Development Act, 2016) implementation. Shiraz Khan, Founder-Director, SDA, said, “Our objective is to build a very reliable, trust-worthy and genuine reputation for Property Science in its industry for property valuation. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. All three consultants reported housing sales growth across top cities except three. Prices in the top cities, according to the three reports, ranged between a small contraction to a marginal increase. Anarock: Combined housing sales in the top seven cities rose to 58,290 units in the first quarter of 2021, according to its March 25 report. According to Knight Frank, increasing sales volumes have arrested the intensity of the year-on-year fall in residential prices of most markets. Bloomberg | Quint is a multiplatform, Indian business and financial news company. All three found that inventory fell. “The incidence of developers giving indirect discounts or freebies has been a key factor in spurring sales in 2020 but this has been observed to have reduced significantly in Q1 2021,” it said. Mumbai Metropolitan Region witnessed the highest yearly reduction in unsold inventory of 8%, while Bengaluru and Kolkata witnessed yearly reductions of 7% each, Anarock said. A record 14,783 sales were registered in December 2020 as per a Liases Foras report. Copyright © : 2018 BestMediaInfo.com All rights reserved. Spicetree Design Agency (SDA), an integrated digital marketing venture, will now deliver digital communication to its new client Liases Foras, a non-broking real estate research company. “We’re yet to understand the complete impact of the ‘second wave’ on the economic activities and resulting wealth creation.”, The state with the largest demand—Maharashtra—has introduced strict curbs for April and first half of May, which apart from the fact that stamp duty has been reverted to its previous levels, will also lead to severe restrictions of public life, he said. With web strategy, social media marketing, and paid campaigns, they have increased our reach to the consumers both in B2B and B2C segments. Daily Mail and General Trust plc (DMGT) is a British multinational media company, the owner of The Daily Mail and several other titles. Liases Foras, founded in 1998, is a non-brokerage real estate research company. Landmark UK (a subsidiary of DMGi) identifies and translates environmental and property risks into facts, insights and opportunities. The latter has invested over 20 years in data and research to come up with this product. Prices in NCR—India’s largest property market—and Bengaluru rose 2% during the year. Reports by Anarock Property Consultants, Liases Foras and Knight Frank Research showed an increase in housing sales and new launches in the top cities. Home sales in India’s top cities have surpassed pre-pandemic levels in the quarter ended March, aided by record-low interest rates, lower statutory levies in key markets and discounts offered by developers.Reports by Anarock Property Consultants, Liases Foras and Knight Frank Research showed an increase in housing sales and new launches in the top cities. According to Liases Foras, Macrotech Developers (formerly known as Lodha Developers) was the largest Indian developer in 2017 in terms of residential sales. Knight Frank: Homebuyers are more inclined to acquire ready or near-ready inventory to minimise completion risk.
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