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Housing stock almost doubles in key cities of India

Housing stock almost doubles in key cities of India
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 »

Delhi-Kundli road records over 100% hike in land values

Delhi-Kundli road records over 100% hike in land values
Delhi-NCR: The land along the road from Delhi to Kundli Border on National Highway 1 has increased by more than double over a year. The present rate per acre is Rs 1.70-1.90 crore while it was available at Rs 70-80 lakh in the same period last year. The road towards Karnal, which is a distant [...] Continue Reading »

Expats, professionals keep up Kozhikode realty

Expats, professionals keep up Kozhikode realty
Owing to the deteriorating rupee value, expatriates are busy buying properties especially in tier III cities of India like Kozhikode. Many NRIs, especially from Gulf countries, are planning to return back home. With the availability of well-set educational institutes, health care and general quality of life, the city is fast becoming a preferred place for the [...] Continue Reading »

Revenues of realty firms witness downtrend

Revenues of realty firms witness downtrend
The revenues of 25 listed realty companies in Bangalore have witnessed a downfall due to less number of sales. There was 9.3 per cent fall in revenue in the last quarter of 2011. According to a report by Knight Frank India, a real estate consultancy, buyers showed less interest in buying properties as the interest [...] Continue Reading »

Real estate market expecting interest rate reduction

Real estate market expecting interest rate reduction
Real estate in metros are witnessing some activities than other areas. The rate of index of the real estate companies in the stock market are not showing much change. Some bigger brands in real estate like DLF and Unitech planned to sell of their non core assets to reduce the debt amount. The realty market [...] Continue Reading »

Realty directory for better search of houses

Realty directory for better search of houses
Now, the home buyers in Ahmedabad have something to cherish! The search for buying properties in the city gets easier with the help of new directory of Ahmedabad Realtors’ Association (ARA). This directory will provide contact details of brokers and consultants listed under ARA and also legal aspects related to any property deal. As ARA [...] Continue Reading »



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