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Comment on Anarock Report : Research data finds that at least 86% of residential projects launched in the post-RERA period from H2 2017 and entire 2018 are completed By Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd "The introduction of RERA has reinvigorated prospective homebuyers with unwavering confidence, assuring them that their investments are protected, and their dream homes will be completed on schedule. State governments have played a pivotal ...
Comment on Anarock Report : Research data finds that at least 86% of residential projects launched in the post-RERA period from H2 2017 and entire 2018 are completed By Mr. Pradeep Aggarwal, Signature Global (India) Ltd
Below the comment on India’s real estate sector is expected to expand to USD 5.8 trillion by 2047: Knight Frank-NAREDCO Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd "The real estate sector - both residential and commercial - has demonstrated tremendous perseverance over the years and performed remarkably well particularly in recent times. The housing sector particularly has emerged stronger and healthier in the aftermath of the Covid...
Expert Comment on India`s real estate sector is expected to expand to USD 5.8 trn by 2047 Say`s Mr. Pradeep Aggarwal, Signature Global (India) Ltd
Below the Comment on Maha RERA Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd. Every industry, including banking, insurance, and consumer durables, has a grievance redressal mechanism to address post-sale issues and problems faced by customers. It is crucial for real estate developers to adopt such a mechanism in order to enhance the trust of home buyers and provide them with a sense of security. We appreciate the initiative taken by MahaR...
Comment on Maha RERA By Pradeep Aggarwal, Signature Global (India) Ltd
Below Reaction on RBI Policy By Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd The RBI's decision to keep the current interest rates unchanged is a promising step towards easing the financial burden on prospective homebuyers. The surge in monthly EMIs observed over the past few months has considerably constrained the budgets of individuals belonging to the middle and lower-income brackets who aspire to own a home. By maintaining a steady intere...
The RBI's decision to keep the current interest rates unchanged Says Mr Pradeep Aggarwal, Signature Global India
Below the Expert views on Anarock Report "Luxury Homes Appreciate 24% in Avg. Price in the Top 7 Cities Since 2018, Affordable Housing Sees 15%'' By Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd. Housing prices have risen in the last two years after remaining stagnant for almost a decade. We are witnessing price appreciation in all segments, be it affordable, mid income, luxury and ultra luxury. The price growth is higher in lux...
Expert Views on Anarock Report - Luxury Homes Appreciate 24% in Avg. Price in the Top 7 Cities Since 2018, Affordable Housing Sees 15% By Mr. Pradeep Aggarwal, Signature Global (India) Ltd.
Below Comment on Colliers Investment Report By Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd "The real estate market in India, including both residential and commercial segments, has shown remarkable performance in recent time, The residential sector has demonstrated an impressive rebound following the challenges posed by the pandemic, showcasing a noteworthy recovery and a substantial reduction in unsold inventory. This positive trajectory h...
Comment on Colliers Investment Report : The real estate market in India, including both residential and commercial segments By Mr Pradeep Aggarwal, Signature Global India
Below View on Knight Frank Report - Housing Sales Down 1pc in H1 By Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd India's residential market is on a growth path. It is at the beginning of a long-term upcycle. In 2022 calendar year, housing sales not only surpassed pre-COVID level but touched an all-time high. The trend will continue and we are set to witness another record year. End-users demand has strengthened, while investors are gradu...
Comment On Knight Frank Report - Housing Sales Down 1pc in H1 By Mr Pradeep Aggarwal, Signature Global India
Below Reaction on RBI Policy By Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd We appreciate the change in policy approach by the apex bank and decision to maintain the policy rate, instead of voting for another increase. This demonstrates a positive intent towards supporting the housing market and benefiting homebuyers. Home loan borrowers have embraced the previous interest rate hikes, and as long as the home loan interest rates hover around 9...
Reaction on RBI Policy By Mr Pradeep Aggarwal, Signature Global India
Gurugram: Under the ‘Cleaner Air and Better Health’ (CABH) project supported by the United States Agency for International Development (USAID), Signature Global (India) Limited and the Council on Energy, Environment and Water (CEEW) today announced the deployment of a first-of-its-kind air quality monitoring network in Gurugram. The network comprises of 9 air quality monitors and 1 automatic weather station, the data from which will be available to project deve...
Signature Global (India) Limited and CEEW Deploy a pilot Air Quality Monitoring Network in Gurugram to manage construction dust
Below Comment on Savills India's latest report on PE investments By Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global The positive outlook on real estate sector, both in the residential and commercial segments, is based on the overall improvement in the Indian economy and the increasing focus on infrastructure development, such as the construction of expressways and airports. As the economy grows and the infrastructure improves, the demand for real estate is likely t...
Comment on Savills India`s latest report on PE investments By Pradeep Aggarwal, Signature Global
Below Comment On CII-Anarock Consumer Sentiment By Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global The dynamics of the real estate market are being shaped by the demand from millennials. This influential demographic's evolving lifestyles, increasing disposable income, and adoption of a hybrid work model are contributing factors. With better job opportunities and rising incomes, millennials have become more financially stable and able to invest in their dream homes. Mo...
Comment On CII-Anarock Consumer Sentiment By Pradeep Aggarwal, Signature Global
Below Comment on Knight frank Q1 report By Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global India Ltd. Despite several challenges such as increasing input costs and rising home loan interest rates, the demand for housing has remained strong and uninterrupted. This highlights the improved affordability of homebuyers and a shift in mindset towards considering long-term factors over short-term fluctuations. It is encouraging to see that homebuyers are not makin...
Comment on Knight frank Q1 report By Mr. Pradeep Aggarwal, Signature Global India
Below is Expectation on RBI Monetary Policy By Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global Over the past three quarters, the interest rate on home loans has risen to over 9%, representing a 40-50% increase from the historical low of 6.5% per annum. As a result, many home loan borrowers are feeling the impact of this significant increase in interest rates. Although there hasn't been a significant impact on housing demand so far, any further increase in policy rates...
Expectation on RBI Monetary Policy By Mr. Pradeep Aggarwal, Signature Global
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global The housing sector is experiencing strong sales due to increased affordability over the years. We anticipate closing this fiscal year with the highest number of housing units sold, since our inception. Despite a rise in home loan interest rates, there has been minimal impact on demand nationwide. We anticipate that the demand in the housing sector will continue for at least a few more years. Above views are o...
The housing sector is experiencing strong sales due to increased affordability over the years Says Mr. Pradeep Aggarwal
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global During the auspicious Navratri festive season, families often invest in buying property, and we at Signature Global are thrilled to offer our latest projects in Gurugram as part of our grand promotion. Our mission for 2023 includes offering a range of attractive promotional offers for our new independent floor projects and Shop-Cum-Office (SCO) plots in Gurugram. These include the Signature Global City 79 B in Secto...
All of these promotional offerings not only generate more demand during the Navratri Festive Season Says Mr. Pradeep Aggarwal
Below is Quote on Affordable Housing By Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global In recent years, the proportion of affordable housing within the overall housing supply has decreased due to various factors. One of the main reason is that the cost of inputs and land prices have both risen significantly in the past few years, leaving no room for developers to launch projects in this category. Given that there is still high demand for affordable ...
Quote on Affordable Housing By Mr. Pradeep Aggarwal, Signature Global
Below Quote on RBI Monetary Policy Announcement By Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd "The increase of repo rate by 25 bps the apex bank is aimed to give an extra cushion to curb inflation in the face of geopolitical uncertainties. It is an accommodative move as per current micro and macro economic conditions globally as well as domestic markets. Controlling inflation is the RBI's mandate, and the apex bank is showing prudence in taking cor...
Apex bank is showing prudence in taking corrective measures to curb rising inflation Says Pradeep Aggarwal, Signature Global India
Real Estate Industry on Wednesday claimed that the repo rate hike by the RBI is likely to impact the demand of affordable housing in the country. Given that interest rates may breach the 9.5 per cent mark with the hike, the affordable housing segment may see some pressure on sales volumes. Anuj Puri, Chairman, ANAROCK Group said that the 25 bps rate hike is much along the expected lines. "With repo rates now at 6.5 per cent, there could be some repercussions on housing uptake as...
Repo rate hike as expected, may further impact affordable housing demand
To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023. Realtors said that with interest rates rising, a lot depends on the upcoming budget to support and sustain the housing demand. Manoj Gaur, President, CREDAI NCR and CMD Gaurs Group, said that real estate contributes 6-8 per cent to the GDP and employs more than 5 crore people. "It (real estate sector) has high hopes from the forthcoming budget. To...
Realty sector seeks boost to affordable housing, tax and policy relief
With a view to sustain demand in the housing sector, the realty industry wants tax and policy related relaxations in the upcoming Budget. With interest rates rising, a lot depends on Budget 2023 to support and sustain the housing demand. "The government should rationalise GST rates for construction materials like steel, cement and tiles. Additionally, the government should put aside more funds under the stress fund SWAMIH. "Policies should be relaxed, or scope of policy sho...
Realty industry wants tax and policy related relaxations in upcoming Budget
Below is Quote on JLL Report By Mr Saransh Trehan, Trehan Group and Mr. Pradeep Aggarwal, Signature Global Mr Saransh Trehan, Managing Director, Trehan Group ''The good sign is that recent hikes in home loan interest rates have not impacted housing demand much. Interest rates are still in a comfort zone of sub 10% per annum and therefore we think the momentum in the real estate sector is likely to continue in the new year.'' Mr. Pradeep A...
Housing sales at 54,000 units in December quarter, at decadal high in 2022: JLL Report
Below is Year Ender Quote By Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global Real estate, especially the residential segment, has bounced back in the last couple of years and is playing a significant role in bringing momentum to the economy. The residential sector has witnessed good sales and launches have also shown signs of an uptick during 2022. Private equity investment has also increased significantly in the year 2022. However, the unpleasant part during...
Year Ender Quote : We believe that it may have an adverse impact on housing demand in 2023 Says Pradeep Aggarwal, Signature Global
Below is quote on Budget Expectation By Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global "The synchronised rate hikes by the leading central banks of the world and their hawkish tone impacted market sentiments last week with Nifty closing below the near-term support of 18400. While this risk-off can continue to impact the market, there are positive triggers too, like steadily declining inflation in the U.S. and the hope that the Fed will respond ...
The government should enhance the deduction limit against interest payment on home loans Says Mr.Pradeep Aggarwal, Signature Global
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