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Fall in property prices

Property Prices may not go up

Property Prices may not go up
People who are hoping to purchase a property any time soon shouldn’t worry about price rise for now. While the rest of the country rejoices and welcomes the Modi government, Shailesh Singh who is a Delhi based executive seems to be very worried. He has been looking for an apartment in the NCR region of [...] Continue Reading »

30% Dip in Property Prices: Realty Market Gloomy

30% Dip in Property Prices: Realty Market Gloomy
Despite the upcoming election verdict on May 16, not all asset classes have been bullish in anticipation. The stocks may have been up for the past few months, but the secondary market isn’t responding similarly. Prices of tens of thousands of homes in metros have crashed by as much as 20-30% this last year. This [...] Continue Reading »

Ahmedabad bucked the Trend of Falling Prices

Ahmedabad bucked the Trend of Falling Prices
National Housing Bank (NHB) has taken 2007 realty as a benchmark of the Residex pegged at 100. The figures show how Ahmedabad along with five others cities – Mumbai , Delhi, Chennai, Lucknow and Pune – have bucked the trend of falling prices. Residex (residential index) figures for city areas reveal that the road expansion [...] Continue Reading »

Drop in Property Prices in Major Cities

Drop in Property Prices in Major Cities
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank (NHB). As demand came back with gradual economic recovery in India, realtors, some of whom were facing severe debt problems, started raising [...] Continue Reading »

2011 is likely to be a challenging one for realty developers

2011 is likely to be a challenging one for realty developers
Mumbai, the country’s financial capital, is expected to lead a fall in property prices owing to buyers’ resistance to higher prices, rising interest rates, tightening of credit to developers and excess supply. The cash flow of realtors that is getting affected by this fall in sales volume and a crunch in the supply of credit [...] Continue Reading »



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