appreciation
To go by the words of Confederation of Real Estate Developers Association of India (Credai), Hyderabad would continue to attract good interest in real estate activity and is very much capable of withstanding and thwarting any competition from Tier II locations in the event of state’s bifurcation. The general secretary of Credai, Mr. Ram Reddy, in his interaction with the [...] Continue Reading »
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »
Ahmedabad – The largest city of Gujarat which has emerged as a residential hub from trading place, is now truly an example of continuous growth in the the year 2012. As a property consultant, Prakash Jain observes the growth is mainly due to the developing retail and industrial sectors in the city. There is an [...] Continue Reading »
Bangalore- The real estate market of areas located close to the Metro line in the city, have been observing good growth. It has been over a year that the MG Road to Byappanahalli Metro rail started functioning. K R Puram, C V Raman Nagar, Byappanahalli and Ulsoor are some of the areas that lie in [...] Continue Reading »
Chennai- Chennai real estate market has been exhibiting positive signs of growth, especially in the suburban areas, owing to the fast development of sectors including IT, financial services, telecom and other allied services, which are the key economic drivers of the city. A 20-25 percent rise is observed in the number of queries over residential [...] Continue Reading »
Sobha Developers, a Bangalore-based leading real estate company, on Friday revealed that it has sold properties worth Rs 479 crore in the first quarter of this fiscal, up by 58% from the same period last year. In the first quarter of 2011, the firm had sold properties worth Rs 302.7 crore. For the quarter ended [...] Continue Reading »
The National Capital region (NCR) is expected to observe an additional supply of 48 million sq. ft. of office space over the next three years which may lead to fall in rentals, realty consultant Knight Frank said. The majority of the office supply is likely to crop up in Gurgaon and Noida markets while the [...] Continue Reading »
