MAM
QuikrHomes releases consumer sentiments report for 2018
MUMBAI: Leading digital real estate business QuikrHomes has released a comprehensive report that captures consumer sentiments for the year 2018. The report was conceptualised to understand consumer sentiments post regulatory changes in the real estate and what it means to the industry in 2018.
The QuikrHomes consumer survey report provides insights about the future of home buying and is based on a survey that was conducted among 1500 participants across Delhi, Kolkata, Mumbai, Pune, Hyderabad, Chennai and Bangalore. The report enables one to understand the expectations, interests of property buyers from consumer demand perspective and highlights the key drivers that will shape the realty sector in 2018.
Online property portals are gaining popularity amongst buyers with at least 60 per cent participants opting for them across metros and tier-II cities. Over the last few years, online property portals have evolved to provide a data-backed analysis of wide range of properties with minute details thus emerging as a one-stop destination for not only buying property, but also offering advice on finance and preparation of rent agreements.
Other insights that the survey threw up were 41 per cent of the respondents still not being aware of RERA and its impact completely while 19 per cent of the total respondents willing to invest in tier-II cities across India and a staggering 80 per cent of respondents showed inclination towards buying property for self-use. This was especially seen among first time buyers.
QuikrHomes VP and business head Sonu Abhinandan Kumar says, “At present real estate industry is undergoing fundamental transformation thus creating great opportunities for all industry stakeholders. As per the trend in our survey, 2018 can be the year of buying and selling property with 80% of the consumers looking to own a property this year. With greater transparency in the system, we believe this is also the best time for those looking to invest in a property market. We see that policy support such as the PMAY budget and the 7th pay commission terms will fulfil the demand for affordable housing.”
Talking about consumers’ preference towards real estate platforms for their house hunt, he further added that, “Photo galleries, street view, price &neighbourhood comparison, location benefits and facilities in and around the projects are freely available for consumers with a few clicks making it convenient for people to narrow their search.”
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
