Splendor Group

Developers appreciate RBI’s inflation curb intent behind repo rate maintenance

Shiven Vikram Bhatia, Executive Director, Splendor Group,
“The RBI’s decision to hold the repo rate steady at 6.5% strikes a balance between managing inflation and supporting growth. While we had hoped for a rate cut to boost affordability, we recognize the central bank’s prudent approach. The stable interest rate environment will continue to drive demand in the housing market, particularly in the mid-to-luxury segments. We expect the market to remain resilient, with homebuyers taking advantage of competitive home loan offerings and stable prices. As a developer, we will focus on delivering quality projects that meet the evolving needs of homebuyers, capitalizing on the sustained demand and positive market sentiment.”

Noida-Greater Noida Expressway emerging to be a retail powerhouse

Shiven Vikram Bhatia, Executive Director, Splendor Group, stated,
“Noida Expressway has become a major hub for retail and commercial real estate expansion in the National Capital Region (NCR). Its strategic location, superb connectivity to Delhi and major highways, and strong infrastructure make it an attractive destination for businesses. The area has experienced a boom in high-end commercial complexes, IT parks, and shopping malls, drawing multinational corporations and well-known retail brands. This growth is bolstered by plentiful space for new developments, modern amenities, and supportive government initiatives, establishing Noida Expressway as a commercial powerhouse in the region.”

Noida-Greater Noida Expressway emerging
to be a retail powerhouse

Shiven Vikram Bhatia, Executive Director, Splendor Group, stated,
“Noida Expressway has become a major hub for retail and commercial real estate expansion in the National Capital Region (NCR). Its strategic location, superb connectivity to Delhi and major highways, and strong infrastructure make it an attractive destination for businesses. The area has experienced a boom in high-end commercial complexes, IT parks, and shopping malls, drawing multinational corporations and well-known retail brands. This growth is bolstered by plentiful space for new developments, modern amenities, and supportive government initiatives, establishing Noida Expressway as a commercial powerhouse in the region.”

RBI का ऐलान- रेपो रेट में कोई बदलाव नहीं, FY25 में 4.5% रहेगी मुद्रास्फीति, GDP 7% रहने की उम्मीद,

शिवेन विक्रम भाटिया, कार्यकारी निदेशक, स्प्लेंडर ग्रुप
आरबीआई द्वारा रेपो दरों पर यथास्थिति बनाए रखने का निर्णय आर्थिक सुधार को मजबूत करने और बैंकों को आवास मांग को प्रोत्साहित करने के लिए अनुकूल होम लोन शर्तों की पेशकश करने के लिए प्रोत्साहित करने की दिशा में है। इस निर्णय से डेवलपर्स और घर खरीदने वालों के बीच विश्वास पैदा होने की उम्मीद है, जिससे बैंक आवास की मांग को बढ़ावा देने के लिए अधिक आकर्षक दरों की पेशकश कर सकेंगे। हालांकि, मुद्रास्फीति के दबाव को देखते हुए, बैंक दरों को अत्यधिक कम करने में सावधानी बरत सकते हैं। उधार दरों में स्थिरता संभावित घर खरीदने वालों के लिए फायदेमंद होगी, जिससे रियल एस्टेट क्षेत्र में मांग में वृद्धि होगी।

Real Estate Investment In India: 5 factors that make it investment haven

Understanding the dynamics of property depreciation levels can benefit real estate investments by providing valuable tax advantages & enhancing overall cash flow for real estate investors & home buyers. "Depreciation allows property owners to deduct a portion of the property's value over time as it wears out or becomes obsolete. This tax deduction reduces the property owner's taxable income, resulting in lower tax liabilities and potentially increasing annual cash flow,"
Shiven Vikram Bhatia, Executive Director of Splendor Group, said. Additionally, he said, depreciation can offset other income generated by the property, such as rental income, further maximising profitability.

Interim Budget 2024: Real Estate Sector Gets No Tall Announcements

Shiven Vikram Bhatia, Executive Director, Splendor Group
Outlining the goal of achieving the status of Viksit Bharat by 2047, the Interim Budget 2024 has incentivized the idea of Housing for All by initiating pro-people measures and ramping up modern infrastructural quality, which will invariably increase the demand for office spaces and retail assets in metro cities and nearby towns. As per a CBRE report, retail space leasing activity has shot up by 48% across eight major cities including NCR in 2023 in shopping malls and high street locations. The Budget has also given unequivocal importance to uplifting the standards of modern infrastructure to boost national growth and promote growth-inducive factors, that will concomitantly pace up demand and sales of commercial and retail projects in newly developing corridors and realty zones.

रियल एस्‍टेट सेक्‍टर बोला-आने वाल समय होगा बेहतर:कैपिटल एक्‍सपेंडिचर में 11% बढ़ोतरी से विकास में आएगी तेजी; मिडिल क्लास हाउसिंग को मिलेगा बढ़ावा

शिवेन विक्रम भाटिया, एग्जीक्यूटिव डायरेक्टर, स्प्लेंडर ग्रुप
ने कहा कि ऑफिस स्पेस और रिटेल प्रोजेक्ट्स की मांग में भी लगातार वृद्धि होगी। सीबीआरई की रिपोर्ट के अनुसार, 2023 में एनसीआर सहित आठ प्रमुख शहरों में शॉपिंग मॉल और हाई स्ट्रीट स्थानों पर रिटेल स्पेस लीजिंग गतिविधि में 48% की वृद्धि हुई है। बजट ने राष्ट्रीय विकास को बढ़ावा देने और विकास-उत्प्रेरक कारकों को बढ़ावा देने के लिए आधुनिक बुनियादी ढांचे के मानकों को ऊपर उठाने पर भी स्पष्ट महत्व दिया है।