Developers
Even though overall report of realty 2011 reveals a neutral picture, the fact lies hidden behind! Probably we forgot to discuss or have a look back at residential sales of the year. It was a deadlock realty transaction! There are already plenty of residential projects pending to be sold and with this remark the upcoming projects [...] Continue Reading »
Now, developers have to do some social service to get an extra bit of floor space index (FSI)! According to the new development plan (DP), it has been proposed that extra FSI will be granted to those who are willing to build a public toilet on a part of their land. The new plan is [...] Continue Reading »
Real estate market has been witnessing a continuous ambiguity First, investors invested in properties leaving no affordable properties for buyers. Now, those nervous investors are selling off the properties below market rates and destroying developers’ sale market. Both buyers and investors are in a puzzled state. In this total confused market, look for properties which are [...] Continue Reading »
It is a fact that realty sales dropped down badly during 2011. Even a recent survey by real estate experts revealed that the housing financing companies also had to face same situation resulting in home loan sales drop down. However, in the real time scenario there is a different story in concern with these housing [...] Continue Reading »
The year 2011 was filled with sentiments for Indian real estate market. Neither the rental nor the apartment sales did well this year! As the Indian realty is balancing on the demand and supply foundation, the result is not surprising. May it be share equities, hike in interest rates, increase in property prices, high inflation [...] Continue Reading »
Illegal constructions are going out of hand even strict eye is kept on this sector. Municipal Corporation of Delhi (MCD) has done all possible ways to keep illegal properties under wrap but still the menace is out there. The officials alleged that 22 properties have been found illegal and will be razed. The properties are [...] Continue Reading »
The CREDAI Kerala Property Show which was organised last week has finally concluded and as per the developers, it was a success. The five day long show in Kochi had an exhibition from around 47 builders of the state. The show attracted as many as thousands of home buyers and investors all around the state. [...] Continue Reading »
Kumar Properties, a renowned real estate name in Pune has decided to spread its developmental work down South also. It is in the verge of completing its new project in Jalahalli, Bangalore. The project is named as Kumar Princetown, namesake of the Pune property. The developers have already fulfilled dreams of over 18000 families of [...] Continue Reading »
2011 is now known as the year of high home loan rates. Never before the loan borrowers had faced such a rapid hike. Simultaneously, year 2011 will be known for aggressive property buying in peripheral and suburban areas of cities across the country. The high interest rates ended up the developers to sell the properties [...] Continue Reading »
Mumbai developers and builders blame Reserve Bank of India (RBI) for the poor realty sales for the year 2011. Every month there is 12 percent reduction in realty sales, which is a huge loss indeed! However, the realty analysts say that RBI is doing its job and has been neutral by pausing and easing interest [...] Continue Reading »
