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In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »
Noida- Demand for residential and commercial properties in Noida-Greater Noida stretch is increasing at a fast pace. Owing to the developing infrastructure and good connectivity, the properties in Noida-Greater Noida Expressway continue to lure both builders as well as buyers. The stretch further connects to the 165 km-long Yamuna Expressway which is also developing at [...] Continue Reading »
Presence of reputed schools and educational institutions in an area alters the area’s realty growth. On the other hand, most of the schools are giving preference to admit students who reside within a 5 km radius. Parents choose to move into new houses or buy properties in the localities close to their kid’s school. Some [...] Continue Reading »
According to a survey, the value of the rupee over the last one year has gone down and hence it lures NRIs living in UAE to buy properties in India even if it stretches to Rs 1 crore or more. According to reports by Sumansa Exhibitions, who organised the Indian Property Show, 89 per cent [...] Continue Reading »
The dipping rupee value in the past few months has brought a lot of cheer to Non Resident Indians. The Indian real estate market has now turned sluggish and the depreciating rupee adds more power to NRIs dollars and leads them to acquire properties at cheaper rate. Anuj Puri, chairman & country head, Jones Lang [...] Continue Reading »
The rupee value has decreased significantly in the recent time, with the recent exchange value recorded as Rs 60 for a dollar. However, falling rupee is a boon on the part of realty of India and NRIs. Builders are getting plethora of enquiries from NRIs to purchase properties. The number of sales of properties in [...] Continue Reading »
