Festive season
Every year, real estate schemes and offers start appearing during the festive season as Indians consider it auspicious to invest in properties during the festive season. This season starts from October and goes on till about March. Usually, the last two quarters can account for as much as 70 % of the total disbursement in [...] Continue Reading »
The monsoon season generally underscores a period of slow realty activity, but that perception is apparently set to change in 2014; thanks largely to the fact that some of India’s major festivals are falling earlier than usual this year. In the wake of earlier festivals, realty developers have started announcing attractive discounts and offers to [...] Continue Reading »
In an evident attempt to push property sales during the forthcoming festive season this year, realty developers are offering real festive discounts after a gap of nearly two years. According to analysts’ projections, the period between October and December 2014 will likely garner sales of at least 60,000 units across seven major cities of India. [...] Continue Reading »
For the last 2 years, the festive season did not see a surge in demand in the residential real estate sector. However this year there is some cheer in this field and the property consultants are speculating that the property discounts will get real this festival season, after a gap of about two years. Mobile phones [...] Continue Reading »
Kotak Securities (KS), the stock broking and distribution arm of the Kotak Mahindra Group, reports that demand for cement would grow by 8 percent during FY13 and due to slow growth of capacity additions, capacity utilizations would be improving further. The research firm states that being driven by festive season, labor scarcity and also non-availability of [...] Continue Reading »
Delhi NCR- An increased positive growth of realty sector is expected in Delhi NCR, post Diwali as there will be more home buyers of about 10-15% when compared to the previous quarter. In the past eight months, the residential sales fell by about 40% in NCR and the coming months will witness a change as [...] Continue Reading »
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »
With the arrival of the festive season, the residential sales across most micro markets in and around Hyderabad are witnessing a great improvement. There are a number of new launches in the city especially in the villa sector. Projects like First Leaf by Pooja Ventures was launched at Tellapur, The Retreat by Rajapushpa Properties and Vasathi [...] Continue Reading »
A latest property exhibition named ‘Ashiyana’ has been organised by the Central Bank of India in Pune due to the upcoming festive season. This property expo has been held at the New Agriculture college ground, Sinchan Nagar, behind Bhosle Nagar, Range Hills and will be continued on November 3 and 4. It is seen that various [...] Continue Reading »
ICICI, HDFC and Vijaya Bank have joined the race to cut rates for the festival season, in a series of efforts by lenders to boost home market. The lenders have cut their rate by up to 100 basis points on their home loans. Under the festival scheme, ICICI Bank will offer home loans of Rs [...] Continue Reading »
