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Indian real estate sector?s outlook negative in short-term - Fitch
2008-07-14 22:54:00
Forbes Article MUMBAI (Thomson Financial) - Fitch Ratings said the short-term outlook for India’s real estate sector is negative with slowing demand and growing liquidity concerns, coupled with the tightening bias of monetary policy, leading to a possible negative impact on the credit profiles of real estate companies. But in Fitch’s opinion, this slowdown will also aid ...
More About: Estate , Real Estate , Indian , Outlook , Real

Indian Real Estate Crash Imminent? Real Estate Developers/Consumers Facing
2008-06-17 02:00:00
The situation in Indian real estate is dangerously similar to the US story before the real estate meltdown about 24 months ago ? read this story from economic times? NEW DELHI: The recent bloodbath in the real estate sector has started taking a toll. Almost all large developers are now facing a severe cash crunch and ...
More About: Estate , Real Estate , Real , Crash

Harvard examines Indian real estate
2008-05-20 20:54:00
By Paul Imbesi BOSTON ? The Harvard Business School is hosting its first-ever real-estate program in India this June with the goal of providing some guidance to local executives as the real estate market in India continues to expand. The South Asia Real Estate Seminar runs from June 17 to June 20 in Hyderabad, India, and costs ...
More About: Real Estate , Indian

Indian Real Estate Opportunity
2008-04-19 20:58:00
By Aseem Shrivastava (Leading Indian Economist)   India is poised to see a massive real estate boom over the next decade. The market, already worth $20 billion, growing at 25%-35% per annum, is expected to rise to $90 billion by 2015. Can urban areas expand so much without affecting the fortunes of rural communities, especially since land ...
More About: Estate , Real Estate , Opportunity , Real

ProLogis Announces JV Partnership With Indian Real Estate Developer K Rahej
2008-04-16 23:35:00
4/9/2008 12:54:17 AM Wednesday, ProLogis (PLD), an owner, manager and developer of distribution facilities, said it has signed a 50/50 development joint venture agreement with K Raheja Corp, one of the largest real estate developers in India, to provide new warehouse space for its global customers. The company announced also the appointment of Abhijit Malkani ...
More About: Estate , Real Estate , Indian , Developer , Real

Urban Farming in India
2008-03-05 21:59:00
By VIBHUTI AGARWALMarch 5, 2008 HYDERABAD, India — Can growing vegetables on India’s slum rooftops and holding cooking classes in slum alleyways make a difference? That is the contention of a new program that’s about to begin in a 100-acre slum in the capital city of India’s southern state of Andhra Pradesh. The country has seen hundreds ...
More About: Urban , Farming

India Faces Housing Slowdown
2008-02-20 06:37:00
Property Developer Pulls IPO Citing Fears of U.S. Recession; Latest Sign of Global Trouble By SARA SEDDON KILBINGER SPECIAL TO THE WSJFebruary 20, 2008; Page B7 The withdrawal of an IPO by a big property developer in India earlier this month was just the latest sign of the growing difficulties companies world-wide are having tapping capital markets. But the message ...
More About: Faces , Housing , Indian Economy

Happy Diwali
2007-11-09 21:43:00
Here’s wishing you a very Happy Diwali ! Enjoy the festival of lights! -The Rekabu Team

?Gorilla? Marketing
2007-09-27 02:53:00
http://www.youtube.com/watch?v=Wy52yueBX_ s
More About: Marketing , Gorilla

Execution
2007-09-20 02:21:00
Burning the midnight oil ? the Rekabu team is knee deep in execution. The biggest lesson ? ideas are cheap execution is hard. Getting a rhythm for execution built for startup is critical.
More About: Execution

Insight from Kellogg
2007-08-21 02:00:00
Last week while at Kell ogg learning about marketing a key message stuck - the message is challenging the very foundations of traditional marketing. The message was:While old school Marketing relied on the metaphor: One to many (Mass Marketing). The new school of marketing in the connected world relies on the metaphor: One to some and ...
More About: Insight , Indian Economy

836 million
2007-08-10 23:25:00
Indians live in abject poverty on less than 50 US cents a day - reports National Commission for Enterprises in the Unorganized Sector (NCEUS) which published its report on India last week. Reuter reports: Seventy-seven percent of Indians — about 836 million people — live on less than half a dollar a day in one of ...
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Google using citizen powered GPS kits to create maps for India: Boon for In
2007-08-03 20:17:00
Google has been sending GPS kits to India that locals to make more detailed maps of their area. After the data has been uploaded and then verified against other participant’s data it becomes a part of the map. This news comes via a speech Michael T. Jones (CTO of Google Earth) gave at the Cambridge Conference. ...
More About: Google , Kits , Maps , Create

Surplus in Gurgaon & Greater Noida Real Estate ? 15 to 20% Drop Expected
2007-07-24 23:50:00
According to Cushman & Wakefield (Real Estate Research Company) excess supply has developed in Gurgaon as well as Greater Noida in the mid-range market. The real estate prices in this area are set to drop 15 to 20%. The tables below provide more relevant data for the overall Delhi market.
More About: Real Estate

Winners in Indian Real Estate
2007-07-23 20:09:00
I read this really insightful post from Seth Godin and felt like sharing a part of it for its relevance to the current state of the Indian real estate Industry? “Everybody knows that the big winner during the 1849 gold rush was a guy named Strauss, who made jeans (he changed his first name along the ...
More About: Estate , Real Estate , Winners , Real

Facebook Application for Real Estate
2007-07-18 00:21:00
My previous posts have highlighted the importance of social network driven marketing. Finally, a small company has made the concept real by coming up with a Facebook application for real estate. You can find it here at: http://apps.facebook.com/properties The application lets you display all the listings you have available (assuming you’re a real estate marketer) next to ...
More About: Estate , Real Estate , Real , Application

Word of Mouth Marketing (WOM) Tactics by WOM Guru Andy Sernovitz
2007-07-13 21:10:00
Promoting a blog post with word of mouth is a science as well as an art. Andy Sernovitz is an expert in this area and has some great ideas about how to write a great blog post and promote it - stuff I am learning myself. Here is link to his great post on this topic: How to promote your blog As I have discussed in my previous posts, social networks/word of mouth marketing for real estate is what really works the best. Real estate is fundamentally a people, relationship and trust business - how we reach out to each others in this increasingly connected, networked world in a trustworthy manner is critical for a business to succeed.
More About: Marketing , Tactics , Word , Mouth

Mobile Real Estate Advertising Makes Sense: This data will blow your mind a
2007-07-11 23:16:00
Given below are the statistics from Informa research: 1. There are 800m cars in the world 2. There are 850m PCs in the world 3. There are 1100m Internet users in the world 4. There are 1300m telephones in the world 5. There are 1400m credit cards in the world 6. There are 1500m TVs in the world 7. There are 2700m cellphones in the world The world’s new platform above and beyond anything else is now the *mobile phone*. There are 2.7 billion cell phones out there in the world (India has about 200 million and China about 500 million). There are more mobile phones in the world than PCs and Landlines (telephones) *combined*. Globally, mobile consumers spent over USD$135 billion in 2006 on their mobile phones, EXCLUDING voice services. Things such as TXT, ringtones, vouchers, games, voting. [Source: Informa]. This is equivalent to: the total Internet Content industry plus the Internet Advertising revenues plus the global Video Gaming revenues plus Hollywood box office revenu...
More About: Mobile , Sense , Estate , Real Estate

Indian Retail Real Estate Opportunity
2007-07-10 20:15:00
Jones Lang LaSalle Meghraj (JLLM) has done some analyses of the retail prospects of 50 Indian cities. A Jones Lang LaSalle Meghraj research report entitled ” The Geography of Opportunity - The India 50 ” highlights the significant opportunities for both domestic and international retailers and property investors across a broad range of geographies and ...
More About: Estate , Real Estate , Retail

Mobile Realty: House Hunting on the Go for Indian Realty
2007-07-03 01:19:00
I recently became a proud iPhone owner. I have to admit the product is very cool ? excellent user interface, ease of use and overall experience got me quite impressed - although I am not so hot on the price and typing experience. The biggest breakthrough this device has accomplished (among others) is it has pushed ...
More About: House , Mobile , Indian , Mobi , Ouse

Housing Finance Growth ? Where is it headed?
2007-06-21 01:15:00
Here is some data from National Housing Bank (of India) that points to the tremendous growth potential in the near future for the housing industry (especially the urban housing market) in India. The data below shows the increase in housing finance from 2000 to 2005. Housing Finan ce Disbursement (in Rs. crore)                  Institution Category Disbursements  2001-02   2002-03  2003-04  2004-05 Housing Finance ...
More About: Growth , Where

Rekabu Beta!
2007-06-14 09:10:00
While we are working hard behind the scenes to release Rekabu publicly, we would like to invite the readers of this blog to sign up for Beta testing. Signing up for Beta testing is pretty easy; just head over to www.rekabu.com and add your email address to Beta tester list. Don’t worry about your email ...

Jones Lang LaSalle and Trammell Crow Meghraj Merge India Operations
2007-06-13 00:03:00
Jones Lang LaSalle and Trammell Crow Meghraj merged to form Jones Lang LaSalle Meghraj ? they claim to be the biggest real estate brokerage/property dealers in India with 30% market share. Jones Lang LaSalle Meghraj will have approximately 2,800 employees in India, with offices in ten cities. Here is the related news article: click here This ...
More About: Jones , Operation

Indian Urban Growth Clusters: A Regional Investment Strategy
2007-06-05 00:23:00
In a vast and diverse country as India regional differences can significantly impact the returns on a property ? the region or “urban cluster” where you invest could mean a 5% vs. 500% ROI. India’s 28 states, 6 Union territories and Delhi are all remarkably diverse in terms of economy and social development - they ...
More About: Indian , Strategy , Investment , Regional , Urban

The Fantastic Urban Growth in India
2007-05-29 23:13:00
Here are some fascinating statistics about the fantastic urban growth in India (based on statistics from UNDP): Indian urban population will grow by 2.5% per annum for the next 23 years (until 2030). Urban population will double by 2030 to around 600 million people. By 2030 Mumbai will have a population of roughly 35 million and Kolkata and ...
More About: Growth , Grow

50% decline in real estate sales in Indian cities since mid-February 2007
2007-05-22 01:06:00
The bubble has finally burst ? with significant inventory buildup and lowered demand because of the recent RBI interest rate hike ? the market has finally cooled off. From HT: “In Delhi, Stanchart’s Regional Manager-Home Assist and Home Loans, Vikram Dhamija, said there had been a 50 per cent fall in transactions since mid-February.” “Developers like Parsvnath and ...
More About: Estate , Real Estate , Indian , Sales , Cities

Real estate percentage commissions: party can?t last forever
2007-05-22 00:33:00
In the last 6 years (from 2001 to 2007) properties across India rose 50 to 1000% (in urban areas). For brokers charging commission (2 to 4%) their typical income from a sale grew anywhere from 1.5 times to 10 times. Obviously, they were not doing ten times the work. Sooner or later, any business with a percentage ...
More About: Party , Estate , Real Estate , Commissions , Real

Remarkable Architecture Markets Itself
2007-05-18 00:23:00
Below are some examples of remarkable architecture from around the world - people are already talking & blogging about them ? compare them to your local neighborhood real estate projects ? are they worth talking about? Which projects in your area are? Which ones would you think will sell out faster? (assuming similar functionality, location ...
More About: Architecture , Markets , Archi , Marka , Mark

60 minutes (American news show) hands the trophy to Redfin (low cost real e
2007-05-15 20:42:00
Here is the show: 60 minutes on real estate Fascinating show about how NAR (National Association of Realtors) with their sacrosanct MLS (Multiple Listing Service) and 6% commission are playing power tactics to keep Internet based (low cost more efficient) realtors (e.g. Redfin) out of the market. What does it mean for India? Although the markets are ...
More About: News , Show , Cost , American , Hands

Introductions are in order
2007-05-15 07:53:00
I wanted to formally say “Hello Readers” While Arun has been writing about the marketing aspects of real-estate in India, my focus will be on the economics of the real-estate market in India. I will draw parallels and comparisons with the markets in the US and sometimes China. The Real-Estate market in India is currently between $60-$80B ...
More About: Order , Intro