The beautiful journey of SKB Group started in 2005. One of the best real estate developers in Delhi and NCR; it is the brainchild of two brothers Mr. Vikas Pundir and Mr. Siddharth Pundir. Both well-renowned personalities in the real estate industry; their vast experience and knowledge of the industry caused the inception of SKB group. Their dedication and hard work have made this company what it is today.
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property on NH-24 for investment
estate sector is the second-largest employer inIndia after agriculture and is
slated to grow by more than 20 percent in the next decade.
estate is the second most active sector attracting private equity investors in
the last ten months," he said at the seventh convention of the National
Association of Realtors (NAR), touted as India's biggest real estate
Leading real estate player said that the real estate industry played a pivotal
role in bringing hundred of large global MNCs.
many as 1,200 delegates from various nationalities attended the NAR - India to
deliberate on the crucial issues pertaining to real estate.
developers, architects, lawyers, investors, venture capital firms, equity
funds, chartered accountants, financial institutions, property valuers and
others from across India participated in the event.
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How many Mercedes can you sell in the land of Marutis?
Not every one understands the dynamics of real estate and why the market is down. So let us understand the scenario in the real estate sector vis-a-vis the auto industry. Why is the real estate sector facing a slowdown in India while the auto sector is doing fine? If people are buying cars and bikes, why are they not buying houses and preferring to stay on rent?
In most of the developed countries, people own houses and cars are taken on long-term rent or, as they prefer to say, lease. So why shouldn't the same scenario be in India, especially considering that a house (or any property you buy) is an appreciating asset (well, most of the times!) and vehicles are a highly depreciating asset, with most experts considering the value of a vehicle equivalent to nil after 8 years?
The very first thing you learn in economics is demand and supply. When the demand is high and the supply is low, the market goes up and vice versa. There is a…