High inflation
A slowing economy, rising interest rates by banks, high inflation and the weak rupee, among others, contributed towards building a negative sentiment among home buyers that resulted in dwindling sales volumes within the residential market. However, the election results, sops for the housing sector in the Union Budget and the reviving economic growth of the [...] Continue Reading »
The residential market in India has been witnessing extreme volatility in terms of demand and supply over the last three years. Factors such as a slowing economic growth, rising interest rates by banks, high inflation and the weak rupee, among others, contributed towards building a negative sentiment among home buyers and resulted in a dwindling [...] Continue Reading »
Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...] Continue Reading »
Jones Lang LaSalle, world’s second-largest property consultant, predicts growth in India’s property market is expected to fall to less than 5 per cent over the next 12 months. In an interview with Reuters, president and global chief executive officer of JLL stated that the market looks grim compared with an annual growth rate of 17 [...] Continue Reading »
Home loan borrowers may get access to an alternate window rather than to wait for the Reserve Bank of India to ease interest rates as government is planning to furnish cheap housing credit opportunities. Indian Bankers Association (IBA) has been asked by the government to look into ways to provide affordable credit to home loan [...] Continue Reading »
Realty experts are wondering as to how all the luxury segments across India are being maintained? Midst all the concerns like; interest rate hike, property prices hitting sky high and property tax amount increasing. This is not at all a right time to invest or sell a property. The high inflation has been a major [...] 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 »
