Obsession with buying house: Why do Indians prefer real estate?

Obsession with buying house: Why do Indians prefer real estate? Real estate is a capital guzzler Gaurav Mashruwala Gaurav Mashruwala, founder, Gauravmashruwala.com Real estate is a capital guzzler, illiquid, immovable and indivisible. Also, it is cumbersome to acquire, maintain, liquidate and bequeath. Capital guzzler: Many times, a single piece of real estate will constitute almost 70-80%…

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Niranjan Hiranandani: Real estate sector to chart new growth story, will grow 35% annually in next 5 years

Niranjan Hiranandani, CMD, Hiranandani Communities sees 2016 and 2017 as a threshold story, which will be the beginning of growth for a new era Though the real estate sector is under stress for the last few years, this could be the beginning of a new growth story, said Niranjan Hiranandani, president (national), National Real Estate Development Council…

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