WeOwn.in is a real estate company which helps users buy real estate - apartment, villa, plots or farm house, at genuinely low prices AND with no charge or fee.
2. Introduction: Real Estate Sector
The backbone of Indian
Economy
Contributes to 8.5% of
total GDP
Growth rate to the tune of
30%
Estimated to be worth USD
90 billion
Vital Catalysts are:
â˘Economic and political stability
â˘Stable economic parameters like
inflation, CAD, imports etc.
3. Role of Real Estate
Real
Estate
4th largest
employment
generating
industry;
specially for BPL
Employs 35 mn.
Low and medium
skilled labour.
Contributes to
GDP and Capital
formation.
More than 300
linked industries
like steel,
transport, cement
etc.
Attracts FDI
Contributes
directly to
manufacturing
sector.
Residential
segment
commands max
market share
4. Policies to boost Real Estate in 2015
Amendments
â˘In the provisions of section
269SS and 269T of the Income-
tax Act to curb black money in
real estate sector.
Introduction
â˘Of new Benami Transactions
(Prohibition) Bill in current
session of the Parliament.
â˘Of Regulatory Reform Law for
Infrastructure.
Other New Policies
â˘60 million housing units in rural
and urban areas under Housing
for All 2022.
â˘Rationalisation of the Capital
Gains Tax for REITs and InvITs,
subject to payment of STT.
PAN mandatory
for any
purchase or
sale of assets
exceeding INR
1 Lakh.
Corporate Tax
to be reduced
from 30% to
25% in the next
4 years.
Increase in
Service Tax
from 12.36% to
14%. GST
effective from
April 1st 2016.
Allocation of
INR 1,200 crore
for DMIC
Corridor.
Allocation of
INR 150 crores
to create world
class IT hub in
India.
5. Policies to boost Real Estate in 2015
⢠Increase in transport
allowance exemption from
INR 800 to INR 1,600 per
month.
⢠The limit on home loan
interest has been raised from
Rs 1.5 lakh to Rs 2 lakh.
⢠Increase in investment in
infrastructure by INR 70,000
cr.
⢠(PPP) model of Infrastructure
to be revitalized and
realigned.
⢠14 regulatory permissions to
be provided at 1 source.
⢠Reduction in minimum
capitalisation for FDI
investment from $10 million
to $5 million.
⢠To set up expert committee
for legislation on single-
window clearance.
⢠National Infra Fund, to be
established and Rs 20,000 cr
to be allocated.
⢠Rural infrastructure
development fund to be set
up worth Rs 25,000 cr.
⢠Pass through on Rental
Income arising from real
estate assets directly held by
REITs.
⢠Extension of the external
commercial borrowing (ECB)
scheme to the entire Indian
Real Estate Sector.
⢠Allowed FDI of up to 100%
under the automatic route in
real estate projects.
⢠Promotion of investment
from NRI and PIO
communities.
6. Trends in 2015
Less pressure on
Rupee
Banks lowering
interest rates
Incentives for
infrastructure
financing by RBI
Creation of REITs
Make in India
Campaign
FDI allowed in
Construction sector
100 smart cities
Affordable and small
houses (800-1200 sq
ft)
Preference of regular
amenities over
luxury.
âTax pass throughâ
status for Real Estate
Investment Trusts
(REITs)
High demand for
ready to move in
properties in
Bangalore and NCR.
Increase in the
availability of resale
properties.
Growth of the
eastern suburbs.
Development of
heritage cities to
boost tourism.
7. Trends in 2015
Demand of properties in the
South India region specially
Bangalore and Chennai.
Less threat of inflation
Stabilized property prices
and good deals by
developers to reduce their
inventory.
GDP growth rate is expected
to reach 6.5%
A year for end users
Location has been found to
be a more important
influencer for buying homes
than price
A demographic transition wherein 40% of
the urban population is of the age group
15-32 years.
Increase in demand in the real estate sector
and economic gains for country because of
the high disposable income of the new
demographic.
8. Why Bangalore?
Lifestyle
Pleasant climate
throughout the year.
Demographically
diverse city
Second-fastest
growing major
metropolis in India.
CareerOpportunities
Home to many
educational and
research institutions in
India like IISC, IIMB,
NLSIU, NIMHANS etc.
Numerous state-
owned aerospace and
defence organisations,
such as Bharat
Electronics, Hal, ISRO
etc
ITHub
Infosys and Wipro
headquartered in the
city.
GDP of $83 billion
Base of several
corporate
organizations who are
now looking for
expansion.
9. Real Estate Scenario in Bangalore
Result: High
demand of
Housing and
Commercial
space
High
disposable
incomes
Establishmen
t of IT parks
Increased
focus on land
and
infrastructure
development
Increasing
rate of
migration to
the cities
Growing
population
Growth of the IT and
the BPO sector has
led to a real estate
boom in Bangalore.
Population of around
10 million and still
growing.
Max demand for housing
from the IT/ITES sector,
Biotech and Aerospace
Engg. sectors
Expected to see the
highest demand for
office space in 2015
(at approximately
11.1 msf).
Third-largest hub for
High Net worth
Individuals (HNIs).
10. Real Estate Scenario in Bangalore
Currently positioned at 17th position
according to a report by PwC, titled
'Emerging Trends in Real Estate Asia Pacific
2015â
Indicating that there has been an increase
in investment in real estate by investors.
Residential Areas in Bangalore
Marathahalli,
Electronic City,
Thanisandra,
Hennur Road,
Outer Ring
Road
(ORR),Sarjapur
Road and
North
Bangalore.
Budget homes
in Kanakapura
Road, HSR
layout,
Bannerghata
Road
High-end
residential
apartments in
CBD, SBD,
North
Bangalore and
Outer Ring
Road sub-
markets.
Projects with
over 1000
units or above
in regions like
Devanahalli
and Hoskote
in Bangalore.
Budget homes
in the region
from Sarjapur
road to
Whitefield.
Luxury
apartments in
Whitefield.
Availability of
resale
properties.
11. Real Estate Scenario in Bangalore
Advantages of these Residential Areas
Proximity to IT
Corridor and
workplace
resulting in easy
conveyance.
These areas are
undergoing
robust phase of
development.
Availability of
Budget and
luxury homes.
Availability of
basic amenities
and securities.
Govt boosting
infrastructure at
these location
and has proposed
a signal free
corridor to drive
growth from CBD
to Whitefield.
Capital
appreciation of
10-15% in
Whitefield area in
the next few
years.
12. WeOwn.in: Owning property is now Easy!
⢠Registered in March 2012
⢠We help users buy real estate - apartment, villa,
plots or farm house, at genuinely low prices AND
with no charge or fee.
WeOwn.in
⢠Niranjan Rao R
⢠Vishalavat Shreedhar
Founders
⢠Quality
⢠Integrity
Values
13. ⢠Customized solutions,
working alongside our
customers in
identifying the right
property and helping
them make the right
decision.
Unbiased
Opinions
⢠Negotiation with the
seller on their behalf to
avail below market
rates and help save our
customersâ money
depending on factors
like stage of
construction, inventory
with the builder,
market demand, etc.
Help
Negotiate
⢠Verified listings of
home loan providers,
legal experts, Property
Insurance companies,
Architects, Interior
decorators, Carpenters,
Electricians, Modular
kitchen makers,
Lighting experts and
retailers, etc.
End to End
Support
How can we HELP?
14. We are on the buyersâ side and we do not charge a fee or
commission to assist our customers.
This consumer-centric outlook is the guiding principle of our
organization which helps us differentiate from any agent/broker
out there.
We have been able to save our users anywhere between 1% and
10%, on the home of their choice.
So, once a client has made up their mind to buy a home, we could
pretty much help them with everything, until the time they settle
down in their new home.
We provide them with end to end support i.e. âFrom HOUSE to
HOUSEWARMINGâ.
We are the Buyerâs Agent
15. Send us a mail at
info@weown.in.
OR Call us on
+91 80500 60099
We would be happy
to help you!
Contact Details