Since earlier issues, we find significant ‘changes of corrections’ – showing & encouraging the ‘EMERGING’ new picture of clarity (to go beyond demystifying diminishing) e.g. KOSMOS of Jaypee or Metropolis of ANSALS etc., launched residential projects, recently.

NOW, to analyze the ‘ON-GOING’ corrections (subjectively), is genuine, which has to come with most essential need is of TRANSPARENCY.  As always recognized; the residential segment is the most important and seven times larger than its counterparts, where is the maximum need of Demystification exists e.g. An INNOVATIVE SOLUTION (As practiced in the Developed World) i.e. CREATING RESIDENTIAL COMPLEXES ONLY with the view of creating them for ‘RENTING’.

Other part of the World as many as 500 Complexes with 300 – 500 flats are for renting. In Indian context 35% of floating population need ‘SHELTER’. The residential market is dependent on the interest rate. Observations & analysis found that for immediate ‘end-users’ renting is a suitable proposition.

What is happening Today’s Realty’s “CORRECTIONS”- only. And these corrections will be healthier for the sector, in future. A transparent correction is required and not an convert one, but really a genuine one.

As it stands our focused for – ‘INVESTMENTS’; previous 3/4 years have been performing well, with respect to investment. The emergence of correction has certainly grabbed the trend. NOW, the trade is limping back to regain its position of supremacy. And above all it will prevail upon all odds (- need for demystification) to continue “a good medium for long term investment”.

Demystification is more needed to tagged out for “AFFORDABLE HOUSING”. This segment has been today cropped-up a highest priority-area, for both GoI & the people. Only to better understand by the esteemed developers, with a demand of 24.7* million low-cost Housing units in urban area, we start-targeting which is always overgrowing.  The ‘stages’ passed in yesteryears – Boom grown to Boom faded; which no longer exists.

But it has been – STABILITY – a really temporary-phenomena; in any economy – which is moving Outwardly always. And this is leading a way forward for ‘CONSOLIDATION’ & help developers sustain in this dynamic market condition.

Today mystification, crowding or confusion etc. prevail, as there is ‘NO PLANNING’ or ‘No Agenda’.   NOW, GenExt are used to the systems & their equipments meant for every action / movements are computerized; System controls on their various electronic machines etc.  Realty has moved certainly ahead, & are destined for further growth. But in a real ROLLAR COASTER ways; by FDI opening up with 7% Bank interest & capitalizing by listed few of developers. Unfortunately 20% – 30% price – correction has taken place in metros as well as, raising the Bank interest ratio upto 14% & leading to market – slow down.

Our country needs 22 million housing units; other than commercial, SEZ, Institutional etc. – all targeting for 2020 to grow to economic super power & above all is needing infrastructures to built. NCR has its pro-rata preferred destination ratio.

Don’t you find for above ambitions target?. We need well defined AGENDA with preferred Milestones.

1) Realty should have100% infrastructure guarantees -

2) Special residential zones must come into existence i.e. AFFORDABLE HOUSING for the end-user millions to gain.

3) Based on Green House Revolution – green & sustainable environment to be part of residential neighbourhood.

4) In 2020, India becoming super-power the following achievements are conceptualized;

i) Nation wide, uniform LAND laws etc.

ii) Single window for all NOCs

iii) Efficient land records etc.

The brief of AGENDA as wrote above; but certainly, this is the time for really to achieve the GDP, create employment & take India to Superpower positioning, despite high & low, “India : Under Construction”  All the way, we have been talking about “corrections” taken place in previous months.  Yes, certainly correction was needed.

This brings environment for better health for the sector. Overall, there will be plenty of challenges in that sector, as it will be facing to demystify the present scenario.

There exists stability in the sector But this is a temporary phenomena, and will fade away soon. The way forward is consolidation & product innovations (size of appt. & other value added or cost effective measures), in such dynamic market conditions.

It is now apparent that the property market is large degree follow-up with transactional members down significantly & pricing pressures in NCR market.

In the long term, we see the market stabilizing and moving-forward in most areas with demand continuing to make India, one of the best long term property investments in the world-market. As agreed investments, must be broad-based and the common man deserves a chance to take part in the sector’s growth.

‘AGENDA’ & TARGETS may be defined to summarize the quantum of growth which is very voluminous – a really Gigantic where Investments turning to convert them to realty. Real Estate & Infrastructure for 20 years = $5 trimillions So, annual figures are to realize every year of growth @20% for next 20 years —– is 10% i.e. 0.5 trimillions. Above figures, would make a volcanic impact to national growth – is the great issue to get demystified in Real Estate Sector.

Dr. Shailendra Kumar, who figures in “WHO IS WHO” in Asia, with his global-exposure in the Building Engineering, as an extended working after UN assignments as well in Germany & in other European & American continents,. By education a Civil Engineer from one of the national best institutes to Masters in Arch. Engg. & Management, contains only after obtaining Ph.D. in    Environmental Engineering from CA, U.S. Back Home first careered with TATAS, followed a stint in L&T & Unitech, has been associated with others i.e. Omaxe, Eldeco etc.