Delhi-National Capital Region (NCR)
The state authorities have approved resuming of the construction of the 22-km long link road between the two national capital region (NCR)s – Greater Noida and Ghaziabad. The approval has raised hopes of real estate developers and buyers who has invested in both the areas as there is widespread speculation that prices will rise once [...] Continue Reading »
Gurgaon and Noida are witnessing an increased supply in the studio apartment segment due to strong economic growth. According to industry estimates, the two cities collectively will have around 9,000 studio units delivered over the next 2-3 years. Noida has seen a growing need for studio apartments while Gurgaon is catching up. Noida-Greater Noida realty [...] Continue Reading »
Land rates in Bihar continues to soar. However, the volume of revenue collected by the registration department from sale of land and apartments has registered a 50 per cent growth compared to corresponding period last year. According to the statistics of the registration department, the state has earned Rs. 653.51 crore as revenue from the [...] Continue Reading »
After the Cushman & Wakefield report on national retail real estate market observing a deferment of more than 30 percent of retail mall space against the projected supply for the first half (H1) of 2012, there are speculations about the backdrop of the situation. The National Capital Region (NCR) has seen the highest mall supply [...] Continue Reading »
The heat of mall culture across national capital region (NCR) seems to be gradually cooling off. As per Cushman & Wakefield’s (Q&W) recent report on the national retail real estate market, the region has been witnessing the highest ever deferment of new floor space additions and vacancy levels within its malls. The region has observed [...] Continue Reading »
Property prices in East Delhi, or elsewhere in the National Capital Region (NCR), are hovering around Rs 17,000-24,000 per sq ft. The highest bid for a 5BHK apartment in the CWG village reflects the present scenario of the cost of the real estate properties in NCR. According to the market surveyors, the cost of the [...] Continue Reading »
The developers and builders of luxury apartment projects and houses are finding it tough to push their sales! It’s right now the mid-segment properties which are ruling over proving pretty good sales! The prices of properties of midsegment houses have raised with the increase in demand and the same has been declined for luxury apartments! [...] Continue Reading »
