Hike in property prices
Do you ever wonder the reason of property prices in the neighbouring town heads for the stratosphere where the plot that you have wondered to buy without any gains? Research says that the three Ls of property investments are the location, the location and yet again the location. The property price generally tends to spurt [...] Continue Reading »
Despite cuts in interest rates in home loans by banks, the growth in this segment has dipped as against previous years, as per Reserve Bank of India’s credit data. The trend of availing home loan to the housing sector was 13.3 percent in January 2012 which has dipped down to 12.3 percent in January 2013. One reason for [...] Continue Reading »
Chandivali, a suburb of north-central Mumbai, has developed at a rapid space. There has been a 20 per cent hike in property prices of multi-storey apartments during the July-September quarter as compared to the April-June quarter. Along with the price appreciation, rentals of multi-storey apartments too have gone up by 19 per cent during the [...] Continue Reading »
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors. A hike of 30 per cent in property prices is expected as the Expressway is [...] Continue Reading »
Property sales has witnessed a quiet all time low in the couple of years. Yet in this scenario, affordable homes also did not do any magic on the buyers’ buying spree. Hike in property prices and higher interest rates can not be blamed alone. There are other reasons like difference in buyer preferences or high [...] Continue Reading »
Indian real estate market has been forecasted to be dull in 2012 also. The negative mindset was seen in Fitch Ratings who think that due to less demand and hike in property prices, real estate sector in the country is again to see a downfall. The firm has also quoted that high construction costs and [...] Continue Reading »
When whole of the country was witnessing a slump in real estate, Bangalore faired bit well amidst all the chaos. Inspite of hike in property prices and high interest rates, the garden city performed better than all other metros. As compared to other metros, residential sales in Bangalore saw a fall of only 7% as [...] Continue Reading »
Real estate market saw many ups and downs in 2011. The firms either big or small who are listed at the Bombay Stock Exchange (BSE) degraded all in the previous year. The realty stocks’ price on an average went down by almost 51% with some firms going down as much as 80% in 2011. The [...] Continue Reading »
Nowadays, development of projects are getting delayed because of many factors. It is not always builders’ fault! The factors may range from getting Government approvals on the property, hike in property prices and borrowing rates, unavailability of skilled and unskilled labourers and land acquisition from true owners, etc. The Real Estate Transparency Index 2011 showed [...] Continue Reading »
A 10 percent fall has been witnessed in this year’s third quarter in residential sector over previous quarter. Various attributes have contributed to this dip like home loan rates, hike in property prices, doubtful economy, etc. However, apartment and villas prices more than Rs 3 crore are not affected by the factors. But, the mid [...] Continue Reading »
