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Chennai tops the rising chart of property prices

Chennai tops the rising chart of property prices
The third highest increase in property has been observed in Mumbai in comparison to the other major cities over the past seven years. The rise in property is around 129 percent since 2007. Chennai has topped the chart with a 249 percent hike. The other cities that made to the list with an over 100 [...] Continue Reading »

Prices of Houses go up to 7%

Prices of Houses go up to 7%
According to the National Housing Bank, important cities such as Delhi and Mumbai have experienced a price rise of about 7.1%. This has occurred within the months of January to March 2014. The reason for this is the surge in demand. Seeing the recent updates of the NHB Residex, one can see price rise in [...] Continue Reading »

House prices to fall: NHB

House prices to fall: NHB
National Housing Bank (NHB) has expressed hopes that price correction in housing market is due soon. NHB, the regulator of housing finance companies, has predicted a decline in the real estate prices in the near future. NHB attributes the fall in prices to the large number of empty houses which is due to be sold. [...] Continue Reading »

House prices not affected by economic slowdown

House prices not affected by economic slowdown
The National Housing Bank data shows a peculiar trend that despite economic slowdown in the country, house prices have not suffered. Apparently, house prices have managed to beat the economic slowdown. Rates displayed a rising trend in the April-June quarter as shown in the survey. National Housing Bank showed Pune posted the highest gains in [...] Continue Reading »

Indian buyers helping Dubai real estate to recover

Indian buyers helping Dubai real estate to recover
Recent data shared by analysts show that four years after a property price bubble burst in Dubai, triggering a slide that cut home prices more than 60 per cent from their peak, the market finally appears to have stabilized. The real estate market of Dubai is on the road of recovery and Indian buyers have [...] Continue Reading »

House prices in India likely to rise further: Reuters

House prices in India likely to rise further: Reuters
According to a Reuters poll, house prices in India have no signs of coming down in the current financial year. House prices have almost doubled in the past five years and the scenario continues to look gloomy for the buyers. However, as per the poll prediction, prices in Mumbai have a fair chance to fall [...] Continue Reading »



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