2011
Sales of properties in Chennai, Bangalore and Gurgaon are being sold in a rapid pace similar to that of hot cakes! This one one sentences explains the whole real estate scenario happening in around cities in India. All of us know for a fact that year 2011 for real estate industry was nothing but a [...] Continue Reading »
The tech parks and the IT parks in the outer ring road (ORR) are generating a huge demand with the growth of real estate sector. It is so clear that the growing IT sector is demanding huge office spaces! This scenario has developed micro real estate market growth in places like; Kanakapura Road, Electronic City, [...] Continue Reading »
The demand for commercial spaces in Mumbai city has dropped down! The real estate analysts have predicted 15 per cent drop in demand based on rising interest rates and global crisis. Also, one of the reports by global property advisors DTZ say that the demand for office spaces in the commercial realty sector during the [...] Continue Reading »
Not only the builders and construction companies are bearing the burnt of realty sales down, however the cement companies are also facing the same scenario. According to the recent data even with the drop down in realty sales, the cement net profit of companies like; AV Birla, south Indian giant India Cements and JK Lakshmi [...] Continue Reading »
Now with the fall in realty sales the builders have lost faith in commercial property market. The major reason is the drop down in residential realty sales. However, according to the latest RICS India Commercial Property Survey now the investment demands of the realty sector has cooled down when compared to previous few quarters. Due [...] Continue Reading »
Memorable indeed was previous year for Indian realty sector! Turbulent stock market, spiraling interest rates and fluctuations in property price all together real estate market ended up year 2011 in a worse phase! The only relief was from major cities in India which did witness healthy realty transactions. However, the property prices in Mumbai city [...] Continue Reading »
The severe liquidity crunch during year 2010 and 2011 had stalled all the realty transactions in India. There was a complete downfall in the constructions, rent-in, rent-out and even sale deeds. A new life has been brought into real estate industry, wherein around Rs.200 crore from JM Financial Ltd’s non-banking financial company (NBFC) has been [...] Continue Reading »
Everybody wants their share in Indian realty to do good! On one hand the developer feeds mafia and on the other hand the weaker sections wants their share too! With the prevalence of dull realty market, interference of all these concerns are ultimately pressuring the home or property buyers. If we take a look back, [...] Continue Reading »
The Delhi Traffic Police authority are highly worried with the number of accidents increasing in the Barapullah elevated road. Year 2011 remarked around 7 fatal accidents at the same junction. The road elevation has dashed in these many chaos and therefore Delhi traffic police has written to the Public Works Department (PWD) to follow up [...] Continue Reading »
Mantri Synergy residents are little worried with the water blocked in the apartment basements. The car parking at the basement at D block is filled with water due to rainfall on the New Year eve. December 30, 2011 Chennai witnessed a cyclone rainfall in the surrounding areas of Old Mahabalipuram Road (OMR). Now the residents [...] Continue Reading »
