Title : Real Estate In India
Author : Abhishek Suresh Phadtare
Roll No : 0222046
literature review :
1 – The Significance and Performance of Real Estate Markets in India
Newell, Graeme et al (2007) States that Real estate markets in India have become increasingly significant in recent years due to a growing population and increasing urbanization. However, the performance of these markets has been volatile, with fluctuations in demand and supply affecting prices and sales volumes. Factors such as regulatory reforms, infrastructure development, and economic growth play a crucial role in shaping the performance of real estate markets in India. Despite challenges, the Indian real estate sector is poised for growth, with a rising middle class and a growing demand for residential and commercial properties.
2 – Location Factors Affecting Project Choice and Timing in Real Estate Project Decisions.
Pandya, Jigar V. et al (2017) States that This study examines the location factors influencing real estate project decisions and timing in Ahmedabad, India. The research identified the key determinants such as accessibility, infrastructure, demographics, and market conditions that affect project choice and timing. The study also found that local regulations and land availability played a crucial role in the decision-making process. The research highlights the importance of understanding location-specific factors for successful real estate development projects.
3 – Indian real estate in the post-COVID-19 era.
Jain, Anshul (2022) States that The Indian real estate sector has been severely impacted by the COVID-19 pandemic, with disruptions in construction, sales, and financing. However, the sector has also seen a shift towards digital technologies and remote work, which could lead to new opportunities. In the post-COVID-19 era, the real estate sector is expected to focus on affordable housing, digitization, and sustainability, as well as adapting to changing consumer preferences and behaviors.
4 – The impact of business outsourcing on corporate real estate in India.
Naidu, Kiran et al (2005) States that Business outsourcing has become a widespread practice in India, with many companies choosing to outsource certain business processes to specialized service providers. This has had a significant impact on corporate real estate in the country, as companies have had to adjust their office space requirements to reflect changes in their business models. Many companies have also chosen to relocate to areas with lower real estate costs, which has led to increased demand for office space in these locations. Overall, the impact of business outsourcing on corporate real estate in India has been significant and continues to evolve as the outsourcing industry grows.
5 – Financial Statement Analysis of Real Estate Companies in India (2006-10).
VATALIYA, K. S. et al (2015) States that The financial statement analysis of real estate companies in India between 2006 and 2010 provides valuable insights into the financial health of the industry during that period. The study examines key financial ratios, such as profitability, liquidity, and leverage, and analyzes their trends over time. The findings highlight the challenges and opportunities faced by real estate companies in India during the period studied and can help investors make more informed decisions.
6 – Too slow for the urban march: Litigations and the real estate market in Mumbai, India.
Gandhi, Sahil et al (2021) States that The real estate market in Mumbai, India, is often impeded by litigations that lead to slow project completion and delays in the handover of properties. This issue affects the urban development of the city, and developers are often unable to meet the demands of the rapidly growing population. The article explores the various factors that contribute to the slow pace of urban development in Mumbai, including bureaucratic hurdles, land acquisition issues, and legal disputes.
7 – REAL ESTATE DEVELOPMENT PROCESS IN INDIA.
Das, Prashant et al (2013) States that The real estate development process in India involves several stages, including land acquisition, obtaining necessary approvals and clearances, design and construction, and marketing and sales. The process can be complex and time-consuming, and developers must navigate a range of regulatory and legal requirements. Factors such as government policies, infrastructure, and market demand also play a significant role in shaping the development process.
8 – Impact Of Economic And Life Style Factors On Real Estate Prices In India.
Praveen Kumar, P et al (2012/2013) States that Real estate prices in India are influenced by a multitude of factors, including economic and lifestyle factors. Economic factors such as inflation, interest rates, and GDP growth affect the demand and supply of real estate, while lifestyle factors such as demographics, urbanization, and cultural preferences affect the type and location of properties. Understanding these factors is crucial for real estate investors, developers, and buyers to make informed decisions about buying, selling, and developing properties in India.
9 – Real Estate Management for Organized Retailing in India.
Pataskar, Sayali (2011) States that Real estate management plays a crucial role in the success of organized retailing in India. With the growing demand for modern retail spaces, real estate managers must identify and secure suitable locations for retailers. Additionally, they must also negotiate leases and maintain the properties to ensure they remain attractive to customers. Effective real estate management can help retailers increase footfall, improve sales, and enhance their brand image. However, challenges such as high rental costs, lack of availability, and regulatory hurdles can hinder the growth of organized retailing in India.
10 – Real estate politicians in India.
Balakrishnan, Sai et al (2021) States that Balakrishnan, Real estate and politics have a strong connection in India, with many politicians being involved in the industry. The nexus between politicians and real estate has resulted in several controversies, including corruption and land scams. Many politicians have used their power and influence to accumulate wealth through the acquisition of land and properties. However, in recent years, there have been efforts to bring transparency and accountability to the real estate sector through regulatory reforms and anti-corruption measures.
CONCLUSION :
the research conducted on various aspects of the real estate market in India has provided valuable insights into the dynamics and challenges faced by this sector. Factors such as population growth, urbanization, regulatory reforms, and economic development have significantly influenced the significance and performance of real estate markets in India. Despite volatility, the Indian real estate sector demonstrates promising growth opportunities, driven by a rising middle class and increasing demand for residential and commercial properties. Location-specific factors play a crucial role in project choice and timing, as evidenced by the case study of Ahmedabad. The COVID-19 pandemic has disrupted the sector but has also prompted a shift towards digitization, remote work, and a focus on affordable housing and sustainability. Adapting to changing consumer preferences and behaviors will be essential in the post-pandemic era. Business outsourcing has influenced corporate real estate in India, with companies adjusting their office space requirements and relocating to areas with lower costs. Financial statement analysis assists investors in making informed decisions regarding real estate companies in India. Litigations in the Mumbai real estate market have led to delays and impeded urban development. Overcoming bureaucratic hurdles, land acquisition issues, and legal disputes is crucial for the growth of the sector. The real estate development process in India involves various stages, requiring a deep understanding of government policies, infrastructure, and market demand for successful development. Economic and lifestyle factors influence real estate prices in India, while managing real estate for organized retailing poses challenges such as high rental costs and regulatory hurdles. Demonetization has had significant impacts on the government, digital transactions, the real estate sector, and employment. Transparency and accountability efforts are underway to address concerns about corruption and land scams. In summary, this research highlights the complexities, challenges, and opportunities within the Indian real estate market. Stakeholders must understand the influencing factors to make informed decisions and foster sustainable growth.
REFERENCE :
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