Why young couples should invest early in buying property?


Why young couples should invest early in buying property?

By Evente Clinic

Buying a property together at an early stage in a couple’s married life can have far reaching effects on their collective financial health. There are several reasons why a young couple should consider investing early in property:

  1. Buying outright better than paying rent: It is far more prudent to pay EMI for your own property instead of paying rent month on month. At the end of the tenure you have a solid investment of your own.
  2. Lower EMI divided over the years: The longer the tenure of the home loan the lower the EMI burden. If a couple invests early in buying their flat, the banks typically calculate EMI over the years they will work and can pay. Thus as they are just at the beginning of their careers, the home loan burden gets divided across several years. This is an ideal scenario.

“Start young, be well informed, do your research and be prudent,” -Managing Director, Namrata Pande Srivastava.

  1. Dual income: “Most banks prefer giving joint home loans to a couple, as they are assured of a dual income, young couples should take advantage of this,” feels Namrata Pande Sriavstava, Managing Director of the Singapore based real estate firm Evente Clinic. Also the working couple can pay their EMIs faster with dual income.
  2. Appreciating asset: It is far better to invest in real estate early, as this is an appreciating asset which only grows over time.
  3. Less burden at this stage: A couple at the early start of their married life, can think of a serious long-term investment. Most couples now have children at a later stage and it makes sense to think of investment before their other responsibilities arise.

All in all if a couple can they should seriously consider investing early in buying real estate. Over the years the property prices will escalate, and sometime in their middle age they can exercise the option of upgrading to a better home. Real estate as an investment can give rise to rental income which can work as their second income option. “Start young, be well informed, do your research and be prudent,” sums up Namrata Pande Srivastava.


Why real estate is growing fast in Tier 2 and Tier 3 cities?


Why real estate is growing fast in Tier 2 and Tier 3 cities?

By Evente Clinic

Have you checked the price increase of real estate properties in Tier 1 cities over the past decade? The price has sky-rocketed even after the slowdown of the last couple of years. The reason is simple – the demand still remains in Tier 1 cities.

Everything has a saturation point, so is the case with property price in Tier 1 cities. The rates are already out of budget for most of the middle-class people. For this reason, investment in real estate is moving to tier 2 and tier 3 cities.

Even the commercial properties are at an all-time high in Tier 1 cities which have lead to the growth of industries, particularly in the sectors of Information Technology (IT) and Information Technology Enabled Services (ITES) in Tier 2 and Tier 3 cities. It has resulted in the emergence of robust real estate development in these markets over the past few years. 

“Everything has a saturation point, so is the case with property price in Tier 1 cities. The rates are already out of budget for most of the middle-class people. ” 

Here are some of the main reasons for real estate growth in Tier 2 and Tier 3 cities:

  • As per the report, India’s urban population is likely to surpass 850 million by 2050, of which 50 percent is expected to be in the age group of 19-58 years, which is the key demographic core to the consumer demand phenomenon. With increasing disposable incomes and nuclear families, this will lead to a higher demand for housing and organized retail consequently.
  • Tier 2 and tier 3 cities offer skilled labour at cheaper rates. Lower fixed costs/overheads in smaller towns are leading to higher disposable incomes. cities such as Chandigarh, Coimbatore, Vadodara, Jamshedpur have become the hub of e-commerce while Ahmedabad, Surat, and Vadodara have made huge progress in the industrial sector. On the other hand, Coimbatore has more than 25,000 SMEs while Vizag has been suitable for industries such as mining, heavy manufacturing, etc. Jaipur has been leading in service sector investments.
  • The availability of land and labour at reasonable rates compared to metro cities will lead to affordable prices of real estate in these locations. The land is one of the major components for a typical real estate project. Thus, lower land costs will lead to affordable rates of residential units and rentals in the case of retail projects.
  • Expensive transportation along with huge traffic and travel time are some of the common drawbacks associated with the metros. However, small cities tend to mitigate these disadvantages. As a matter of fact, improvement in connectivity has made these cities more accessible and hassle-free than the metros. International airports have been established in cities like Chandigarh and Amritsar. With enhanced connectivity through flyovers, bypasses, expressways, metro, and industrial corridors, several reputed developers are now looking forward to marking their presence in the smaller towns.
  • With measures to upgrade the urban infrastructure which include the introduction of airports, up-gradation of Mass Rapid Transit System (MRTS), and development of Special Economic Zones (SEZ), the Government has taken proactive measures to boost sentiment in the real estate market of these cities.

According to ANAROCK’s report, Private Equity in Indian Real Estate, nearly $1.37 billion (Rs 9,500 crore) were pumped into real estate markets across various smaller cities, including Bhubaneshwar, Chandigarh, Ahmedabad, Mohali, Indore and Amritsar, between 2015-2018. The number is expected to be higher for 2019.

If you are looking to investment get in touch with our sales managers for some very lucrative deals.


Investing in service and managed apartments


Investing in Service and Managed Apartments

By Evente Clinic

The new-age investors are looking for new and high return investment options. Investors have started investing in real estate again after a few years of slow down. Investors lately are very keen on investing in serviced apartments.

Serviced Apartment is the umbrella term for a type of furnished apartment available for short-term or long-term stays, which provides amenities, housekeeping and a range of services for guests and where most taxes and utilities are included within the rental price.

The sector is increasingly having an impact on leisure travel as people find serviced apartments are available all over the world as a credible and cost-effective alternative. They are especially economical for longer stays, group travel or family parties, allowing savings on dining out and offering in-house entertainment as well as allowing you to live like a local.

“They are especially economical for longer stays, group travel or family parties, allowing savings on dining out and offering in-house entertainment as well as allowing you to live like a local.” 

The concept of serviced apartments arrived in India in 2003-04. Starting from Mumbai, Bangalore and Delhi, serviced apartments have extended their presence to smaller cities, driven by commercial activities.

According to experts, if there has ever been a good time to invest in serviced apartments, it is now. The corporate travel market in Mumbai is growing rapidly and the growth is expected to accelerate. People are increasingly travelling inter-state for both, business and leisure and they are seeking long-term, cost-effective accommodation options.

These are some of the reasons that will make the investment worthwhile:

  • Serviced apartments tend to offer larger, better value accommodation than a hotel with a range of amenities, innovative facilities and personalized services. For a regular traveller, these are a better option than costly hotels and unsafe low-cost hotels.
  • Their proximity to business centers and good connectivity leads to a higher rental income and capital appreciation.
  • They are ideal for business and leisure travellers for short- term or long -term stays and stands out as a cost-effective or budget-friendly accommodation with no compromise on services and facilities.
  • Globalization leading to increased tourists and business travellers is expanding the demand for serviced apartments in India with a further growth potential immensely in the coming years.
  • The excellent onsite facilities and management services provided at a lower price in comparison to hotels are making them the default choice with unrestricted access to facilities and amenities provided.

Several small-to mid-sized builders are marketing serviced apartments as an investment opportunity with returns in the range of 9-14 percent per annum. At present, investment in residential properties is more for capital appreciation than rental income.

Annual yield via rental income from a residential property is generally 3-4 percent a year, while capital appreciation is 10-15 percent. Like any property investment, location is important in this case too. Proximity to business centres and good connectivity will lead to higher rental income and capital appreciation. As the quality of service also decides the rental yield, the facility must be managed by a reputed service provider.

If you need our expert advice on service apartments as an investment option, please get in touch.

Investing in Real Estate during festive season


Investing in Real Estate during Festive Season

By Evente Clinic

October marks the beginning of the festive season in India. Considered as an auspicious time for property buying, there is always a surge in demand for real estate during this period.

If homebuyers are confused about the timing of their purchase, their confusion generally ends towards the festive season. According to experts, the festive season is the best time to invest and reportedly, one-third of the property sales that take place in a year are registered during this season.

Naturally, developers leave no stone unturned to stand out in the market to cash in on this positive sentiment. Like every year, this year also developers are betting big on the upcoming festive season to push the sales volume.

With the economy in a bullish mode and office absorption at an all-time high across key metros, it is indeed the right time for buyers to take the plunge.

“October marks the beginning of the festive season in India. Considered as an auspicious time for property buying, there is always a surge in demand for real estate during this period.” 

At present, several leading developers are also offering customer-friendly payment schemes along with a lot of other add-ons. And with the upcoming festive season, there will be an array of options to select from at competitive prices along with great deals and discounts.

Here are a few reasons to buy a home during this festive season:

The market outlook – The overall market outlook is positive. With the finance minister leaving no stone unturned to boost the economy, the results will be seen soon. Our international relationships and business confidence are improving. Thus, there seems to be a strong case for India to continue to be on the path of growth trajectory in the coming years. Thus, as far as the macroeconomy is concerned, it is just the right time to invest.

Buying has become cheaper – it would not be wrong to state that the past few months have made the home buying relatively cheaper. Lowering of interest rates on bank loans has bought the vigour back in the sector. Currently, home loan rates are as low as 8.2%. From the end user’s perspective, it means lower monthly EMIs and lesser interest burden. Banks have introduced new home loan schemes offering flexibility in interest moratorium and principal repayments to bridge the gap between affordability and residential demand.

Festive Offers

Lastly, the country-wide slump in residential sales and liquidity crunch has prompted property developers to introduce aggressive marketing tactics. Developers dole out freebies and discounts around festive periods such as Navratras and Diwali. From modular kitchens to air-conditioners, Apple accessories to international holidays, developers woo the reluctant buyer with these freebies depending upon the ticket size. Construction-linked plans, no EMIs until possession, flash sales and cash discounts are just some of the other incentives available in the market today. The market is flooded with offers and incentives from developers, thus indicating a buyer’s market.

It is an appropriate time to buy but not anything or everything. Here comes the role of due diligence and research. Go for RERA-registered developers with a good track record, opt for the best suitable financial payment plan and buy your dream home.

We hope this festive season brings in all the joy in the lives of our readers.

The Indian Property Fair Success Story


The Indian Property Fair Success Story

By Evente Clinic

Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.

The success of Indian property Fair in Singapore on the 7th and 8th September was a sound testimonial to the above quote. The event took place at the Hilton Hotel at Orchard and was attended by the most influential HNIS of Singapore. In fact Evente Clinic has played an instrumental part in regaining the confidence of the NRI buyer in the South east Asian markets and Singapore is a home ground for them.

“Evente Clinic has played an instrumental part in regaining the confidence of the NRI buyer in the South east Asian markets and Singapore is a home ground for them.” 

The Event featured reputed builders like L&T Realty, Godrej Properties, Birla Estates, Embassy, Hiranandani, Kalpataru, Conscient Group, ATS, M3M, WTC, Shapoorji Palonji , H&S and many more. Evente Clinic has created a successful marketing strategy that encompasses both traditional and non-traditional media to reach out and attract the right kind of investors for their exhibitions. The Event had a footfall of more that 220+ Nri’s and had 6 spot bookings in 2 days.

Mr Honeyy Katiyal, founder of Investor’s Clinic India, a formidable and well respected name in the Indian real estate was also present at the event. He inaugurated the event and candidly interacted with the NRI buyers trying to understand their mindset when it comes to investing in the present Indian real estate market.

The event also featured Knowledge sessions on Tax Implementation on NRI’s while buying real Estate, The laws pertaining to will making and a special feature on SMEs. These knowledge sessions were of particular interest to the visitors who visited the property fair.

Evente Clinic PTE, is an Event Company that specialises in doing Real Estate events. They have an intimate understanding of the property markets in Asia and want to present the best opportunities to our astute and savvy investors. Evente has a good understanding of their host cities, selecting the right investors to attend these exhibitions and curating the best projects to showcase. This combination has largely contributed in producing successful shows.

Why invest in Bengaluru?


Why invest in Bengaluru?

By Evente Clinic

The Indian real estate industry is changing with the demand of investors. The past few years have not been so good for the industry but as per experts, this is the best time to invest in the Indian real estate, especially after a stable government at the center. A lot of reforms and push by the government will be seen in coming months.

The numbers have already started improving and are expected to improve further. Bengaluru has emerged as a shining spot for real estate investors offering a sound return on investment and assured rental income. With the IT/ ITeS sector driving real estate demand, the city boasts of strong macroeconomic dynamics and stability.

” Bengaluru has emerged as a shining spot for real estate investors offering a sound return on investment and assured rental income.” 

For investors looking for a stable market with a long-term horizon, Bengaluru provides many attractive options. Here are some of the reasons why one should be looking to invest in Bengaluru:

  • The real estate sector of Bengaluru is now quite flamboyant with the demand rising every month and as per experts this is the best time to invest as the prices are comparatively low and have just started to increase.


  • Considering the expansion and development of Bengaluru, the price appreciation of real estates in Bengaluru has not been at par with the cities like Delhi, NCR or Mumbai.


  • As the population increased with the birth of a considerable number of the middle-class segment, the affordable sector has gained momentum and many developers in this segment have popped up. Lot of investment options for middle class.


  • The launch of Namma Metro in Bengaluru is paving a way to a much-awaited boost in real estate investments. Convenience in public transport is extremely essential for Bengaluru, especially due to its high traffic problem. The improvement in transportation will cause the surrounding properties to be valued higher.


  • With an increase in the number of citizens on the lookout for housing units, the city’s real estate demand is witnessing a positive shift. Due to stable realty market conditions, steady price rates and the absence of drastic fluctuations – the market is seen as an ideal destination to invest in. International investors prefer investing in Bengaluru because the city paves the way for lucrative returns while investors gain favourable government policies.


  • Bengaluru has always been known as a haven for students, with several nationally ranked educational institutions in the city. This, coupled with ample job opportunities in the IT industry, has led to a steady demand for apartments for sale in Bengaluru; especially in the areas of Electronic City, Whitefield, the ORR corridor, and a few areas in North Bengaluru.

Some areas you should be looking to invest in are as below –

HSR Layout – For the third time in a row, HSR Layout has emerged as one of the top localities offering highest returns. Those planning to invest here will have to spend Rs 6,294 for every square foot, and could buy apartments in 91 ready-to-move-in and two under-construction projects here.

Whitefield Hope Farm Junction – One of the major IT hubs of Bengaluru, Whitefield Hope Farm Junction is emerging as a sought-after destination for those looking for residential property.

KR Puram – One of the oldest residential localities in Bengaluru, KR Puram lies in proximity to some of the important IT hubs and enjoys Metro connectivity.

Bellandur – Bellandur is known to be one of the prime property markets of Bengaluru with some high-end projects located here. With IT parks lying with 10-km radius, Bellandur is the choice of location for many working in the companies here.

Let us know if you are looking to invest in Bengaluru and our experienced sales manager will surely help you with best deals in the city.

Women Investing in Real Estate


Women Investing in Real Estate

By Evente Clinic

Over the years, the job of a man and a woman was divided. Among many things, investing in properties was always perceived as a male job. So much has changed in the Indian society in the past couple of decades, women investing in real estate is certainly one of the major changes we have seen as a society.

There are many factors which have brought about this change. The introduction of various schemes by the Indian government, such as secure co-borrowing facilities, preferential home loan schemes, Pradhan Mantri Awas Yojana (PMAY) and others, has encouraged first-time investors, particularly women.

“So much has changed in the Indian society in the past couple of decades, women investing in real estate is certainly one of the major changes we have seen as a society.” 

According to a Track2Realty report, 32% of buyers across the country are single women, who are contributing to decision-making in about 74% of all real-estate purchases.  Most of the investments by women are in cities like Bengaluru, Mumbai, and Hyderabad. Numbers like these have made the developers and lenders sit up and take notice of this segment and are wooing them with offers and incentives.

Also, according to the latest study by BankBazaar’s Moneymood, conducted in 2019, average home loans taken by men amount to Rs 22.97 lakh, i.e. 20 percent lesser than the female population’s aggregate home loan, i.e. Rs 27.57 lakh. These reports not only depict a positive property buying trend among women but also showcase their aspirations, responsibilities and success rates on the professional front.

Let us learn, why more women are investing in real estate now?

The change in perspective – Back in olden days, the house was mainly run by the male in the family. In today’s world, especially in urban areas, women are sharing the house responsibility neck to neck and therefore they actively participate in the property buying process and take equal financial responsibilities to see its fruition.

Reduced interest rates – Many banks are offering home loans with preferential interest rates to female investors. The slashed interest rates vary from 0.5 percent to 0.1 percent which comes down to huge savings when compared to the previous lending rates. Therefore the reduced lending rates have served as a massive impetus to several households who have availed joint home loans and named female members as the primary credit-holders to reap the benefits of discounted rates.

Stamp duty charges – Few states and union territories, like Haryana, Delhi, Punjab, and Rajasthan, allow female home buyers to avail up to 1 to 2 percent discount on the gross stamp duty charges which considerably reduces the total cost of the property.

Investment options – As already mentioned, the women in urban cities are earning as much as their male counterpart. The real estate seems to be the safest option when it comes to investment without risk along with good returns. The other investment options like – share market and mutual funds involves a lot of risk and Indian women are happier in safe and secured returns of a real estate investment.

Subvention scheme ban


Subvention scheme ban

By Evente Clinic

Subvention scheme or the term ‘subvention’ is derived from the Latin word ‘subvent’ that stands for ‘to help’. In the Indian real estate market, it was introduced to provide help to the homebuyers who want to safeguard their interests while investing in properties which are under construction. 

According to previous rules, the banks were disbursing the whole property upfront to the builder in one go. This left the buyers’ dreams in a lurch when the builders’ failed to deliver the house within the stipulated deadline. So, RBI directives underwent changes and the disbursement was made in parts. 

Each disbursement coincided with the completion of a construction stage, pre-decided in the payment terms under the contract. This was the first move. Secondly, buyers were given the facility of subvention scheme, according to which, the buyers would not be paying any EMI till possession. 


“Sales had recovered over the past year. Of the total sales, 40% were coming from the new launches of which 50% have been happening through these schemes. We can expect 20-25% of sales to get impacted by the decision.” – Namrata Pandey, Managing Director

How does it work?

  1. The buyer books the property by paying 10%-15% of the property price.

  2. Rest of the amount is paid by the bank in the form of loan given to the buyer.

  3. Builder bears the interest cost of the loan up until the possession granted to the buyer.

The Ban

The National Housing Board advised housing finance companies (HFCs) to refrain from giving loans for under-construction projects which are under any subvention scheme, in view of various complaints of fraud. 

It has advised that the disbursal of the loan be linked to the stages of construction. The Reserve Bank of India (RBI) had issued similar advice to scheduled commercial banks in 2013.

The industry is desperate for support from the government in terms of a solution to the liquidity crunch which is leading to bankruptcy for some developers. While fraud in such schemes needs to be controlled, the need for alternative funding options is what resulted in subvention schemes being aggressively positioned.

Now RBI, which is set to become the new regulator for HFCs and NBFCs, seems to have cracked the whip to make it a level-playing field for all. Such schemes were used by developers to sell under- construction properties. In the absence of subvention schemes, the transaction volumes are likely to come down in metro cities. In recent times, the subvention schemes were extended to even ready- to-move properties, wherever unsold real estate inventory was piling up. The new ruling will make a dent on this side of the market as well.

‘NHB’s directive to HFCs to stop giving loans under subvention schemes will impact the cash flows of the homebuyers who will have to bear the burden of equated monthly instalments (EMIs) and monthly rent at the same time.” says Namrata Pandey, MD, Evente Clinic. 

She adds, “Sales had recovered over the past year. Of the total sales, 40% were coming from the new launches of which 50% have been happening through these schemes. We can expect 20-25% of sales to get impacted by the decision.”

Opt for schemes where the developer is required to make an upfront payment of the entire interest component to the lender. HFCs like ours insist on such a clause to prevent default. Finally, if the developers renege on their promises, you can seek recourse in RERA. Things are better today thanks to RERA. Such schemes can be useful as long as buyers do their basic homework.

For more information on this please do get in touch with us at Evente Clinic. Please feel free to write to us at support@eventeclinic.com.sg or you can call us at +65 97547616 and we will be more than happy to help. Our mission is to create Real Estate investment awareness amongst investors.

Should you invest in townships or standalone building?


Should you invest in townships or standalone building?

By Evente Clinic

Owning a home is a keystone of wealth – both financial affluence and emotional security.

As an Indian, we all are very emotional when it comes to owning a house. It is a dream of every Indian and also one of the most important decisions in everyone’s life since it is something most of the people do once in a life.

House buying decision is not completed in a day or two; there are a lot of factors to consider before investing in real estate. Of the many parameters to ponder upon is – whether to be part of a township or buy an apartment in a standalone building.

“Owning a home is a keystone of wealth – both financial affluence and emotional security.

Now lets us consider which option is better for you.

You as an investor you need to understand, the townships will never be in the middle of the city. Since townships require acres of land and such huge land cannot be purchased in the middle of city, most of the townships are at the outskirts of a city. So if you want something in the middle of a city then you are looking for a standalone building.

If you have already made your mind by reading the previous paragraph then you have jumped on the conclusion little too soon. It is important to understand the pros and cons of each type of development.

With townships, you can be assured a wider range of amenities and green spaces. This is probably one of the most compelling reasons that buyers chose townships over stand-alone buildings. As a family person, you will need a lot of facilities well within your range. Some of the larger townships have facilities like schools, colleges, hospitals, malls, movie theatres, and large clubhouses which add a sense of convenience to one’s day to day life.

When it comes to standalone building, choices within a particular location tend to be plentiful and, therefore, you have several choices. They are often within city limits and public transport tends to be more easily accessible, thereby making commuting easier and shorter. Needless to say, maintenance in most cases is easier on the pocket in the case of stand-alone buildings. The amenities and open spaces tend to be fewer; which often creates lack of social and sporting infrastructure forcing people to resort to joining private clubs etc at an increased cost.

A well-designed standalone building constructed by a reputed developer and offering good amenities will offer you exclusivity, status, and a certain affluence value. From a resale perspective, well-maintained property with good gentry will always fetch you a premium over a massy development.

From family’s point of view, townships are far safer not only because of the high security but because of them being gated communities. They are also self- contained and family members, particularly the senior citizens do not need to venture out for shopping, entertainment, recreation or medication. The open areas provide a great quality of life.

The other important point to consider is the pricing and investment angle between a township and a stand-alone building. All things remaining equal,

usually, homes in stand-alone buildings fall within a lower price bracket relative to those in townships.

In the end, it depends on the needs of individual buyers. Both kinds of options has advantage and disadvantage and one may try and match one’s needs with what’s being offered and the relative price of that. To know more about this, please touch with us at Evente Clinic. 

Please feel free to write to us at support@eventeclinic.com.sg or you can call us at +65 97547616 and we will be more than happy to help. Our mission is to create Real Estate investment awareness amongst investors.

Future reforms in Indian Real Estate


Future Reforms in Indian Real Estate

By Evente Clinic

The Indian real estate industry is looking promising after a lot of reforms introduced by Modi government in its first tenure. With clear majority and mandate, the Modi government will strengthen all the sectors especially Real Estate.

Indian real estate is already undergoing a revival, as transaction volumes have picked up Y-o-Y to the tune to 45-60 percent in major Indian cities. A strong mandate will further instill confidence in the sector and contribute to building momentum.

We can expect a lot of reforms in the coming years in the real estate sector.

The RERA has been going good and now the government will try and streamline it further. A faster window will help in rationalizing the cost of development and make real estate more affordable.

One important discussion going for some time is on the taxes imposed on buying the property. The home buyers have to pay for the stamp duty as well as the GST. We should expect some reform where both the cost will be merged. This will give a further push to the industry by easing out the cost of development.

“A faster window will help in rationalizing the cost of development and make real estate more affordable.

We can expect some more reforms around affordable housing. It is the government’s dream, ‘Housing for all’ by 2022 and they will surely push for it harder after getting the second term. Providing big-ticket opportunities to both the developers as well as the investors in the coming year, affordable housing segment that was anointed with the infrastructure status in the Union Budget 2017-18, it is expected to grow at a high rate.

The PMAY which was originally scheduled to be ended by December 2017 has now been extended till March 2022 and includes the middle-class income group as well for the benefit of interest subsidy on home loans. Under the scheme, the carpet area of homes has been increased to provide for more interest subsidy by the Cabinet. An interest subsidy of 6.5 percent can be availed for a period of 20 years or during the tenure of a loan, whichever is lower by the low-income groups or economically weaker sections of the society.

The new government should emphasize on re-energizing the reforms related to infrastructure investment and land acquisition reforms. The government should take measures to expedite and streamline the environment clearances for the new projects, which is a two-stage process and takes two-to-three years. If single window clearance comes into effect then the timely delivery will improve and it will act as one more step in regularising the real estate sector, as approvals and more so timely approvals and simultaneously development of infrastructure around projects  are an integral part of real estate development, more simplification of processes, accountability, and efficiency on timely approval from relevant Government authority is must for industry to accelerate the pace of development and bring back demand in the sector .

The government should allow banks and HFCs to fund land purchase to help developers bring down the cost significantly, which in turn can be passed on to the buyers. In the absence of bank finance, developers resort to PE funding and other non-formal modes of funding to finance its land purchase which increases the cost of capital for them drastically.

With all these reforms expected from the present government, the Indian real estate industry looks to accelerate in times to come. Isn’t it best time to purchase the property?