Affordability
The residential segment of the real estate market, defies the price determining demand-supply mechanism. The Fitch group’s research arm, India Ratings and Research Pvt. Ltd. recently came up with a report titled “2014 Outlook: Real Estate Sector”. It has been said in the report that the prices of residential units have risen continuously since financial [...] Continue Reading »
Chennai- Increasing number of luxury residential projects in the city have paved way for global interior designers to enter the city. The opening of single and multi brand Foreign Development Investment (FDI) in retail market, foreign brands have been supplied with a huge potential market. There are a wide range of luxury properties in Chennai, [...] Continue Reading »
Over the past five years, housing finance penetration has remained stable in India, reports ICRA Limited, an Indian credit ratings agency. The penetration levels in other developing countries are significantly higher than in India. The report states that the penetration rate increased from 4.5 percent as on March 2004 to 7 percent in March 2007. [...] Continue Reading »
Pune- There are about three to four new projects coming up and a few on redevelopment basis focusing only on 2bhk and 3bhk apartments in the Vadgaon-Budruk locality, located in Western Pune. The new construction activity in the residential segment is in the range of Rs 2,300-4,500 per sq ft. and the area has witnessed [...] Continue Reading »
Happy times are flowing for Bangalore city! Recently, Karnataka state was crowned for maintaining good transparency in realty sector and now Bangalore city is crowned as one of the affordable cities in India. This is a huge credit the city was waiting for from a long time. Real estate experts say that the city three [...] Continue Reading »
In a recent survey in Pune, it has been found that Pune Mahanagar Parivahan Mahamandal Limited (PMPML)is unable to tackle the problems faced by the bus commuters. The survey was concluded by recently by Parisar, which is an environmental group working towards sustainable transport. The various parameters used in the survey were proper bus-shelters, reliability, [...] Continue Reading »
