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Pankaj Kapoor

Property sales in Bangalore are forced by Airline, capital market models.

Property sales in Bangalore are forced by Airline, capital market models.
The strategy of City-based developers to market large-scale housing projects is seemed to be working. A theme-based project Purva Palm Beach in Hennur is launched by Puravankara Projects through an IPO-like book building mechanism. To sell its inventory of over 1,400 apartments in the Republic of Whitefield project, an Air Asia-like seat pricing method is [...] Continue Reading »

Second house not in use? You may be in trouble

Second house not in use? You may be in trouble
Sachin Ahir, state housing minister, stated that one might be penalised if they have a second house and don’t give it out on rent or sell it off.  Government is functioning on the modalities. According to the 2011, census there is 41.86 lakh houses in Mumbai.  A house-to-house survey showed that of this 4.79 lakh [...] Continue Reading »



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