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Real Estate Roundup

Active Home-Building Industry Will Lead to More Demand for Warehouse Space

Strong consumer spending and the rise in housing construction activity are currently the prime factors for the incredible rebound of the U.S. industrial real estate sector, and experts say as home buying continues to increase, so will demand for warehouse space. — From NRE Online

To Buy or Not to Buy: That Is the Developer’s Question

As land costs continue to rise in urban areas, developers are focused more than ever on assessing the financial viability of their potential projects at a very early, pre-acquisition stage. Savvy developers recognize that developing a conceptual design and associated conceptual budget at the very beginning of the due diligence stage enables the development team to quickly assess the design and construction cost aspects of the potential development—and, if need be, look at design alternatives that will adjust the cost. Because survey after survey has indicated that the current trend of increased costs for site acquisitions and project development is prevalent, engaging a qualified builder with demonstrated project-specific experience, local knowledge, and strong estimating and pre-construction capabilities is key to receiving reliable data and feeling confident about the pro forma that is created. — From NRE Online

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We are in compliance of the newly introduced housing laws i.e. the Real Estate (Regulation and Development) Act, 2016 and the rules and regulations notified/to be notified there under. Accordingly, we are in the process of updating the information and materials on the website.

Hence, until our website is duly revised and updated, the information including the images and materials presently available on the website shall not be deemed to constitute any advertisement, invitation, solicitation, offer or sale of any of apartments / units in our Projects and we shall not accept any such bookings based on reliance of such currently available information, images and material on the website and further shall not be responsible for any consequences of any action taken by any person or authority relying on material/information or otherwise.

You are therefore requested to directly verify all details and aspects of any proposed booking/acquisition of units/premises, directly with our authorized representatives. Please do not rely on the information contained on this website, until our revision and updating is complete.

Please contact our Sales Team at + 91 9900041880/ sales@splendid.in for the updated sales and marketing information and collaterals.

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