Delay in projects
New Delhi: Even though real estate prices have increased rapidly in the leading cities, Reserve Bank of India (RBI) governor D Subbarao opines that there is no housing price bubble building up in India. After capturing prices in nine cities, RBI has recorded in its macro-economic and monetary development report released recently that there are [...] Continue Reading »
Although the development authorities in Mumbai expects to finish off the Wadala-Jacob Circle Monorail corridor by the end of next year, doubts still remain whether it would be completed within time. The Mumbai Metropolitan Region Development Authority (MMRDA) is yet to secure space to set up the supporting infrastructure, like sub-stations, staircases and fire-fighting rooms. [...] Continue Reading »
As there is no regulator in the real estate industry, the home buyers suffers a lot by the delay in project. Often builders refuses to listen to the buyers for the delay in Projects in India. To overcome the scenario, a regulatory bill is essential to enhance transparency in the real estate industry and promote [...] Continue Reading »
Most of the projects in Gurgaon became a concern for the home buyers and the investors. When analysts calculate the appreciation values of the projects, construction delay works as a negative pulse on the return on interest. The normal appreciation value of real estate properties are in a range of 25-30%. After adding the delay [...] Continue Reading »
The prospective property buyers like much before have no more zeal filled in them to hunt on and acquire properties in India. It is a fact that the rising property rates are paving way for the slow down in interest of property buyers. Now, there is one way where the property buyers can cut down [...] Continue Reading »
