Community Farm - Green Souls - Kharghar

Jointly growing

Green Souls have put forth a fine example of community farming in Kharghar, says Shilpa Sachdev


A group of avid urban gardeners have come together to set up a community farm in Kharghar. Located within the premises of Tata Hospital, the farm was initiated in June 2011 with the support of St Jude's Shelter Home. Within a span of six months, Green Souls - the group that manages the show - has put together a successful model of urban farming. They have seen a good harvest and plan to scale up the activities.




Talking about the early days, Julius Rego, one of the front-runners from Green Souls says, "We got connected through a common friend and Taiba, who works at St Jude's, offered us to develop an urban farm behind the premises of the centre. The raw material was lying in front of us. We started collecting leaves and twigs to make beds for planting the seeds and saplings."

Bhindi, Corn, Chavli were planted along with a flowering plant to create cross-pollination. Julius adds, "We also planted different herbs like Italian basil, ajwain, spearmint, pudina and Sri Lanka palak. These strong smelling plants help in distracting insects and pests."

The group managed to reap an excellent crop for the monsoon. This gave them the encouragement to drive the momentum further. "Within two months, we harvested an abundant crop. Then we created an official group and started to expand. Although the parents and the staff help with watering and overall care but for doing more work, we require more hands," shares Julius.


The Group held its first workshop on "Basics of Growing Your Own Food" towards the end of December. The idea was to get more people to participate and to do that, the Group stationed themselves outside the Central Park to inform people about the workshop. "We had a turnout of 15 people and the majority of the attendees who came for the workshop were the people we chatted up with outside the Central Park, "Julius points out. The workshop explained the people how to do gardening with hands-on experience. "We taught them to make raised beds and plant the saplings with minimum requirement. We taught them to recycle and reuse available resources. Our target is to hold at least one workshop every month."

According to another volunteer Sabita Rajendran, the larger objective of the group is to build a community initiative around urban farming. She says, "People have become so disconnected with nature and especially the food that they are eating. We are targeting children and societies to come in support of urban farming and encourage a dialogue on the subject. In doing so, we also ensure we keep things simple."

Julius adds, "Also, with the cost of food going up and to save ourselves from genetically modified food that is impacting our health, we need to build alternatives like urban gardening that will at least take care of the needs of a small group. Today we are in a situation where food crops are being substituted with cash crops, land fertility is on the decline and diseases are on the rise. We must replenish our land and ensure the food we eat is naturally grown and rich in nutrients."


At St Jude's, the farm activities are slowly taking a leap. While radish and basil is ample, there is also palak and chavli growing abundantly. New saplings for brinjal have been recently planted. Even pineapples and potatoes have been planted. The group is slowly expanding as many volunteers from different walks of life have joined the fray. They ensure they at least meet twice in a week and the agenda is decided week on week. Sabita says, "Some of the regular activities we do are plant new saplings, mulch the existing ones and water them from time to time. The produce has to be protected and harvested. New beds have to be made. We also devise new ideas to make it more interesting and fun. It is an ongoing thing and there is a lot of work to be done."

For those who wish to volunteer with Green Souls, they can freely walk in to the farm. They also conduct workshops that provide a guided approach to anybody who is interested in creating their own urban garden. 

On a broader perspective, urban farming has become more relevant today and we can start with it right inside our own homes by simply recycling and reusing the resources freely available at our disposal.

published in Times Property on Jan 19, 2013

60 years of Indian real estate

Paradigm shift

The Indian real estate sector has grown exponentially in the last six decades, says Shilpa Sachdev


More than 60 years after India became a Republic, the country has seen phenomenal changes. It has gained recognition globally as a major player in the world economy. This is also reflected in the journey of the Indian real estate sector, which has emerged as one of the significant contributors to the country's GDP. 

The country has witnessed a tremendous housing boom, specifically in the last decade. Newer locations have come to the fore expanding the boundaries further. While the metropolitan cities continue to remain in demand, even Tier II and Tier III cities are fast gaining momentum on account of their commercial and strategic viability. On the policy level, liberalization indeed threw open the floodgates of the country's development. 

Surabhi Arora, MRICS, Associate Director - Research, Colliers International says, "The sector started flourishing with India embarking on broad-based liberalization in post 1990's era when various multinational corporates started seeking permission to commence operations in India. Mumbai, being the financial capital of India, was the first city to witness the influx of financial and services multinational companies. By 1997, the real estate prices increased to the point where the companies started looking for cheaper, cost-effective locations and Indian real estate witnessed emergence of new alternative/peripheral business districts in all the major cities in India."

Over the years, the landscape of Indian cities has undergone a great transformation. While the key cities have grown beyond their current potential and are expanding vertically, areas which were earlier categorised as peripheral cities have today become prime areas holding tremendous growth potential. A Kalpataru spokesperson says, "Areas like Thane, New Mumbai, Panvel around Mumbai and areas like Gurgoan, Noida around New Delhi have become centres of trade with excellent infrastructure support like state-of-the-art commercial, retail and integrated township projects offering world-class lifestyle amenities. Also, many other areas within the heart of the cities, which were earlier categorised as industrial or textile mills, have also been opened up for development which is also leading to high-end luxurious projects being launched in these areas."

The housing sector has attracted a lot of demand and appreciation in the last few decades. Highlighting a few important events, Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India says, "The roots of the high appreciation rates on India's property market witnessed during the boom period lie in the reduction of interest rates that the NDA Government instituted after 2001. The very amenable borrowing rates encouraged individuals to avail of home loans to buy residences, where actual property purchase had only been an option for the considerably rich before that. This resulted in a huge demand for quality real estate all over the country post 2003. After March 2005, Indian real estate rates displayed a seemingly unstoppable upward curve."

The scrapping of the Urban Land Ceiling Act was the game-changer but it is yet to see its true implementation. According to Mayur Shah, CMD, Marathon Realty, the housing requirement in Mumbai was never an issue post independence. Smaller housing societies would come together and develop residential buildings until 1976 when the Urban Land Ceiling Act came into force. Shah shares, "I still remember when my dad constructed the first building in Mulund in the year 1972, rates were really reasonable. He was selling a flat at the rate of Rs 51 psf in Mulund. So there was never a housing problem but the introduction of the ULC Act strangled the real estate development in the city. Land got locked but urbanisation continued its pace leading to a massive housing shortage. As a result, the prices shot through the roof. This continued till the year 2008 when the ULC Act was scrapped. But then the backlog was too much to phase out. Today, we have a 1:20 ratio of shortfall where if 20 units are required, only one is built. Infrastructure is still a big challenge. What we need is clear, transparent, speedy and sustainable development."

With time, several changes have been introduced to fast track the sector's growth. Manju Yagnik, Vice-Chairperson, Nahar Group says, "Various reforms by the government such as repealing of Urban Land Ceiling Act, altering FSI rules were the key drivers for the real estate development along with the massive infrastructure development. One must also credit the change that was witnessed within the real estate sector. 


For instance, this sector, which was once dominated by old contractors, has welcomed the arrival of a new crop of developers, who have introduced a professional approach towards property development and international standards of construction. The country has witnessed revolutionary changes in the cities such as Mumbai, Bangalore, Hyderabad and Pune."

Newer technology and a competitive environment have led to the development of a host of new amenities, including township living where everything is available at the doorstep. This has brought a lifestyle shift indeed. Yagnik adds, "World-class health centers, schools, shopping malls, and amenities such as amphitheatres, clubhouses and gyms in the townships that were unheard of until some time ago are now being offered by developers. The competition within the sector has benefited property buyers as many developers today are actively engaging the services of international designers and architects for their projects."
While the sector has come a long way, there is still a room for reforms that will unlock the potential of the industry. 

Shailesh Puranik, MD, Puranik Builders says, "The country has seen a growth rate of 8-9% in the last decade with a 25-30% increase in urbanisation. Allied sectors like materials and infrastructure are also developing as a result. If the infrastructure sector can be given industry status why not real estate? This will facilitate cheaper credit to the industry. ECBs are allowed but they are restricted to a limit. Enough finance is still not available to the sector. The government needs to act as a catalyst and not an impediment. Single-window clearance is the need of the hour; timelines need to be reframed. With different municipal corporations getting established, Mumbai will become one big metropolis in the time to come. We need better clarity and defined policies to sustain the growth coming our way."

As the country's skyline continues to change and redefine itself, there are miles to go. Starting with an industry status for the sector, the clarion call demands for simplification of procedures and systems to infuse the much-needed transparency and boost consumer confidence. Better regulation, best international practices and a professional approach will pave the way forward.


published in Times Property on Feb 2, 2013

Pre Budget Expectations - Mumbai Real Estate

Priority list

The real estate sector hopes for lower interest rates, easier finance options and simplification of procedures from the upcoming Budget, says Shilpa Sachdev


As a sector that contributes significantly to meet one of the basic demands of life, the housing industry has much to ask for the Finance Minister in the upcoming Budget. With a view to keeping housing affordable, competitive and buyer-friendly, the real estate sector hopes that the government will chip in more incentives at the policy level.

With FDI in multi-brand retail, infrastructure status to affordable housing and RBI's recent reduction in the repo rate and CRR, there is optimism in the air. However, experts present their list of expectations from the budget, starting with lower interest rates that will redeem buyer interest.

Anshuman Magazine, Chairman & MD, CBRE South Asia Pvt. Ltd. Says, "The expectation from the budget is to reduce the interest on home loans, especially for mid-end housing as well as give further tax incentives for investments in housing. The reduction in CRR and Repo rate announced by RBI will bring in some liquidity into the banking sector. This is a positive move and hopefully will reduce interest rates marginally which will help the real estate industry. This will also propel growth in construction activity across the country."

Magazine adds, "Government measures regarding permitting foreign investment in sectors such as retail, interest subvention schemes for the low economic strata and enhancing liquidity in the market are likely to revive demand for real estate space, especially in residential and retail. The budget should continue to allocate a larger share of funds for infrastructure development. Another step would be the introduction of Real Estate Investment Fund (REIT) in the market which will help mobilise funds to be invested in the real estate sector."

In the last few years, the realty sector has been grappling with a few challenges that need to be addressed at the earliest. These include higher costs, slow pace of growth, declining sales, difficulty in raising funds and stalled project approvals. Enlisting his demands, Boman Irani, CMD, Rustomjee says, "Currently, the sector is looking at certain key policy decisions which make home-buying a priority for everyone in the country. Giving infrastructure status to the affordable housing sector will help facilitate easy financing and address the housing problem to a large extent. Also, the one percent interest subsidy on home loans should be extended up to Rs 35 lakh."

Irani feels that the Government can play a major role in incentivizing the real estate industry by bringing down the taxes which comprise over 35 per cent of the sale value. He says, "A reduction in the base rate is extremely important as it will enable banks to lower their lending rates thereby resulting in reduction of interest rates charged to developers and home-buyers. Government should also look at developing provisions for Special Residential Zones (SRZs) in order to incentivize housing stock. Reduced taxation and simplified taxation by possibly introducing GST will be another welcome move. It will also significantly bring down prices benefitting the home buyer. We are looking forward to a raise in the income tax exemption limit to three lakhs and a reduction in excise duty rates to put higher disposable income at the hands of the public."

In order to meet the demand for additional homes, there is an urgent need to speed up the approval process and also improve infrastructure to sustain the spill-over growth, believes Sukhraj Nahar, Managing Director, Nahar Group. "We expect the government to come out with the single window clearance system for approving projects. To match the increasing residential development taking place in tier I and tier II cities, there is a need to improve the infrastructure base in these cities. Additional funding assistance to the prime cities for infrastructure and for the real estate industry to meet the shortage of working capital is expected from the Budget," he adds.

The government needs to issue guidelines that will foster the growth of affordable housing and encourage more township projects to meet the growing housing need. Dhaval Ajmera, Director, Ajmera Realty and Infra India Ltd. says, "With growing urbanisation in metros, the real estate industry is seeing huge opportunity for creating newer townships. It is vital that the Government should promote townships alongside industrial belts and give developers fiscal benefits to township development to entice developers in this segment. Clear guidelines should be announced by Government in order to avoid any kind of ambiguity on point of levying Service Tax on under construction projects."

Ajmera adds, “A sheer relief could be bringing in affordable housing.  This should be considered important with priority lending given to banks who could in return offer concessional costs to keep the cost of tenements within the reach of the common man. The budget should look forward to extending existing benefit of Sec 80 IB(10) of IT Act for developing affordable housing as  the country is still in a huge shortage of tenements.”

published in Times Property, Mumbai on Feb 16, 2013

Terrace farming - Vipul Sanghavi - Sion

A space to cherish

Abundant with flowers and veggies, Vipul Sanghavi's terrace garden in Sion is a luscious sight, says Shilpa Sachdev


In a span of only three months, Sion resident Vipul Sanghavi has managed to grow a sunflower right on his own terrace. It is indeed thrilling to see the mustard colour floral beauty swaying in the Mumbai air. Not just flowers; Vipul's terrace garden is also blooming with a variety of vegetables, which must have halved his grocery bills already. Be it wheat, beet root, green onions, coriander, bajra, methi, pudina or palak, there is nothing you cannot find. But a lot of hard work has gone behind to make this terrace farm a reality.  

It all began in October 2010, when Vipul heard about a group of people assembling at the Maharashtra Nature Park every week to grow their own food. Since the park was close to where he lived, Vipul one day decided to pay a visit to see the work done by the members of Urban Leaves. The interaction continued for a long time as Vipul began regularly volunteering with the group for their Sunday activity. After gaining a thorough hands-on experience over some months, Vipul began harbouring a desire of creating his own terrace garden and with the help of friends at Urban Leaves, the process was slowly put into action.

After putting his terrace through a serious waterproofing check, Vipul started with making the mitti in summers last year. He says, "Amrut Mitti is the most important part of the entire activity and it takes a good three months for it to be ready. Once it is ready, the mitti can last up to a good 50 years."

Preparing the mitti involves activities like soaking, followed with heap making, first composting, greening, and finally second composting. Vipul explains, "I began with collecting around 1200 bags of dry leaves from all over and soaked it in amrut jal, which is made of cow urine and organic jaggery diluted with water. The next step was to create the beds for greening the soil to get used to all types of seeds. This is followed with composting to make the soil rich in nutrients. It is a 100-day cycle after which the Amrut Mitti is finally ready to use."

Due to the monsoons, Vipul could not start sowing seeds and had to wait until the winters to start working on his terrace farm. "Till December 2011, the entire terrace was flat. But in just three months, the mitti has given magical results." One simply has to agree because the terrace is flourishing with all kinds of flowers and vegetables. 

Not just that, Vipul's garden has an interesting flow of design too, which has enhanced the working of the garden. Vipul shares, "While the mitti was getting ready, the volunteers at Urban Leaves sat with me to create a flowchart of the design of my urban garden. It is believed that the garden should have more curves than straight lines as this helps to generate the right environment for the plants to grow by fostering the growth of the organisms. It also facilitates a proper walkway to water the plants at ease. It also spaces out the 
garden very well so in the broader sections you can have more variety and the narrow portions can contain single plants. The movement of sun is an equally important factor in the design as the arrangement of the plants to be sown is made accordingly."
Mulching is another step not to be missed, advises Vipul. "Plants require the right amount of moisture and sunlight. Mulching helps the soil in retaining the desired moisture and allows a suitable environment for the organisms to grow."

Vipul has already harvested cauliflower, tomatoes and spinach and also planted seeds for the next season. He says, "Every plant has its own season and cycle. However, it is advisable to also grow flowers along with fruits and vegetables to enhance the bio-diversity so that all types of organisms are attracted."

Vipul’s consistent efforts have finally paid off in the form of a blooming terrace garden and as it leaves you enchanted, it also inspires you to create your own urban farm space.

- published in Times Property on August 16, 2012

Explore Lonavala - places to see

A walk in the clouds

Explore the natural beauty of Lonavala as the place comes alive in the monsoons, says Shilpa Sachdev

For Mumbaikars, Lonavala is a quick escape into bliss. The place turns even more picturesque as the monsoon comes calling. A blanket of greenery covers the entire place with streams of waterfalls flowing everywhere, an enchanting sight indeed! Also, the Mumbai-Pune Expressway, which has made the place easily accessible, turns extremely scenic during the monsoons making the drive to Lonavala even more enjoyable.


While Lonavala is assuming a lot of importance as a second home destination, the place has lots to offer for an exciting weekend getaway. Lonavala is blessed with a number of forts and a trek down one of them is the best way to experience the beauty of the hilly terrain. Lohagad fort, Rajmachi fort, Tikona fort, Korigad fort are some the well-known forts in Lonavala  and extremely popular with the trekking groups. Be it the flora or fauna, the running waterfalls or gorgeous top views, every trek is a discovery in itself. Especially when one reaches the top of the fort, you are engulfed in a blanket of clouds that leaves you in sheer delight. Every monsoon, thousands of groups throng to Lonavala to explore the beauty and joy of trekking in the lush mountains.

Bushy dam is another extremely popular hang-out spot at Lonavala. On weekends, the place is choc-a-bloc with visitors who turn up in huge numbers with their families and friends. Pavana dam too is fast catching attention with some water-sport activities that are drawing visitors here. Tungarli Dam built across the Tungarli Lake is also a famous weekend picnic spot nearby Rajmachi.

For a walk down memory lane, Lonavala has some ancient caves. In fact, the name Lonavala is derived from the Sanskrit work 'lonavli' which refers to a place surrounded by many caves. Karla caves, Bhaja caves and Bedsa caves are the prominent caves in Lonavala. For those interested in the historical signifcance of the place, a visit to these caves is an enriching source of information.
For those who want to enjoy the rain and a walk in the clouds, Tiger's Leap, commonly known as the Tiger Point in Lonavala and Duke's Nose in Khandala are the ideal hang-out spots. Popular with visitors, both points offer a scenic view of the hills over a sizzling treat of chai and pakoda.

Lonavala also has its own celebrity wax museum now, which is another added attraction. Wax figures of leading Bollywood actors like Amitabh Bachchan, Shah Rukh Khan along with other well known social names like Hariharan, Baba Saheb Ambedkar, Mother Teresa, Sai Baba, AR Rahman, Balaji Tambe and Yesudas have been installed in the museum.

Another interesting place worth visiting for some adrenaline rush is the Della Adventure Park. Set amidst the natural backdrop of hills, one can indulge in a range of adventure activities at this place like ATV rides, Flying Fox, Zorbing, Paintball and much more. The place is also gaining popularity with companies for corporate training and workshops.

Lonavala is also seeing an increasing demand as a place to host wedding ceremonies. It is the ideal place to have a monsoon wedding. That apart, the pleasant climate and developing infrastructure makes it a favourable place to hold important events and many have started taking note of that as well.
Known for its green pastures, Lonavala has undergone a sea change in the last few years. Apart from its natural beauty that has regularly drawn visitors to this place, Lonavala has also seen several new developments for those on the look out for entertainment and adventure, making it a perfect combination. With lots to offer, there is no wonder that Lonavala is shaping out to be an ideal investment hotspot.

- published in Times Property on August 4, 2012

Gifts for a new home

Little Delights

There are several things that can make for a wonderful gift item for a home without going extravagant, says Shilpa Sachdev


Wondering what to gift your friend who has moved into a new home? One does not necessarily have to spend a bomb on choosing a nice and thoughtful gifting item for someone's home. The market is flushed with trendy and pretty home décor items that can work as a great gifting item as well as prove extremely useful to the receiver.

Picking some of their favourite gifting items, Sanvari Alagh Nair and Anjori Alagh of House Proud say, "For something sacred and positive for the new home, one can gift Sri Krishna Boxes or Laxmi Boxes as the gods are considered auspicious for any new home. The Provencal tea pot is perfect for the ‘me’ time of the lady of the house. Kids' cushions and bathmats are great to make the little ones happy with something that's new and fun and specifically for them. Tablemats are forever useful and serve-ware like angle nut bowls is ideal to add a touch of quirk and uniqueness to the house."

 Understanding the personality of the home owner and the style they reflect is important while choosing the right gift. Both Sanvari and Anjori aver, "Something simple and classy is always better than loud and showy, even if the latter is more expensive.  It could be a unique item that you yourself would love to have if it's an accessory like the LED Vanilla scented candles, or something of long lasting value if it is a necessity, like a set of glasses, serveware, tableware and the like. These never go un-used in anyone's home and are not very expensive."

For those who like it green, there are also several eco-friendly products that serve both the purposes, of gifting and conserving the environment. Eco Corner has a range of products that are made from recyclable and natural raw materials. What's more, they are all reusable and bio-degradable too. Picking her favourite five, Urvashi Mody, Co-Founder, Eco Corner Retail Pvt. Ltd says, "The five gifts for a new home within a range of Rs 1,000 can be lamps, an indoor plant with a planter, cushion covers, table mats and runners and agarbatti and agarbatti holder."

According to Urvashi, if you know the person and their tastes, then you should give something that they will be happy to use in their house. But if you don't know them or have never been to their house before, then it's safer to give a product which is of neutral colours. She concludes, "Also a product that can be enjoyed by the whole family is much appreciated. To be safer you can also give a photo frame, or vases, or trays."

So next time you are stuck with a choice for a gift for someone's home, just simply think what they would be happy to see as a part of their home and budget is surely the least of the concerns. There is so much available in the market to make for a happy gifting experience.

- published in Times Property on August 11, 2012

Awards for Mumbai developers

Winning Laurels

Awards are pouring in for developers as they choose to bring the best to the real estate industry, says Shilpa Sachdev



The real estate sector has seen a key transformation and as it gets highly organised, a new breed of developers is pushing the envelope in delivering the best of lifestyles to people. And being rewarded for the work done is only a reiteration of the fact that the real estate sector is indeed reaching newer heights.
An example of the changing design dynamics in real estate is the recent award presented to the Lodha Group. The Group has won the Green GOOD DESIGN Award 2012 for its most iconic project World One, the world's tallest residential tower. 

World One is being designed by the internationally acclaimed architects Pei Cobb Freed & Partners, based in New York. The uber-luxurious World Towers will be part of Lodha Place, an 18-acre development at Upper Worli, Mumbai's urbane epicenter.  The towers are designed to be environmentally sustainable, offering exotic configurations that range from exclusive three and four bedroom residences, lavish villas, and luxurious duplex mansions laced with the design genius of Giorgio Armani. 

Talking about the design of this landmark project, Jay Berman, Partner, Pei Cobb Freed & Partners said, "We have designed World One as a unique and iconic response to luxury and sustainable living in Mumbai.  The Green GOOD DESIGN award is an apt recognition for a tower that will define the skyline of this magnificent city, yet become one with the city and its surroundings."

On winning the award, Abhisheck Lodha, Managing Director, Lodha Group commented, "We have strived hard to ensure that this development not only gains from Mumbai's energy but also gives back to the city and the environment around it."

Maintaining its own record, Godrej Properties was selected as amongst 'India's Top 10 Builders' at the sixth Construction World Architect and Builder Awards 2011 for the sixth consecutive year. Their project Planet Godrej has also emerged as one of the winners in the 'Tower Project of the Year' category at the inaugural Construction Week Awards 2011.
Many a times, winning such awards also involves competing with international players and emerging victorious is then an experience to cherish. Talking about their achievements, Vikas Arora, Director, Runwal Group says, "We have recently won an international property award for our project Orchard Residency as the best residential project. Also our retail project R City has been awarded for its mixed use development and also for being the most commended retail mall. Projects across 27 countries were selected and reviewed to choose the best. We have also received the best CMO Award for R City again. All these awards have been awarded at the Asia Pacific level."

In recognition of her immense contribution to the field of real estate, Manju Yagnik, Vice-Chairperson of the Nahar Group, was recently honoured with the prestigious Udaan Sanman - "Business Woman of the Year 2012 Award" at the hands of Chief Minister Prithviraj Chavan. Sharing her reaction on winning the award, Yagnik says, "I consider this as the well-deserved respect paid to all those women who have successfully broken barriers, establishing themselves as leaders in various fields. It also means that women's contribution to business has been recognised yet again that too in a sector like real estate which is considered to be tough and out-of-bounds for women. What's more satisfying is that this particular award is also in appreciation of opening newer career opportunities."

The traditional equation has rather changed as women are increasingly becoming a part of the real estate industry. According to Yagnik, a woman's strength lies in her inborn skills and instincts, which are effectively utilised in the real estate sector. She adds, "Her perspective on lifestyle, architecture and landscaping is positively better and to top this all, her proficiency in acquiring technical knowledge that score high points in the realty industry. Woman has exceptional abilities on creativity, coping with stress, on gaining trust, building relationships and negotiating skills, so essential in this domain. And once she establishes her reputation for competence, it gets reflected not only within the organisation where she works but on the entire industry. And on this count, I am confident that we will soon come across an increasing number of success stories."

The traditional real estate industry is up for a change. Giving the industry the encouragement it deserves, the awards are an encouragement to the new thought process that is changing the perception of the real estate sector in a global context.

- published in Times Property on August 18, 2012