housing prices in india
The IT Capital of India Bangalore and the Oxford of the east Pune have witnessed maximum appreciation in the price of properties. Bengaluru has witnessed the maximum appreciation of 41 % in the mid-income housing segment during the last three years, while Pune tops the list with an average increase of 39 % in the [...] Continue Reading »
The housing prices in India will rise during the second half of this year with the improved market sentiments on the formation of a stable government at the Centre as stated by Knight Frank-FICCI survey. The launch of housing projects have been slow from the last two years but it is hopefully going to improve [...] Continue Reading »
The present government led by Narendra Modi, is focusing to revive the growth and bring down the interest rate. A recent survey said that the sale in residential properties in going to rise by the end of the year 2014. The low confidence level within consumers in the last year and also in the first [...] Continue Reading »
The recent data that has been published by the National Housing Bank states that Mumbai might be the most expensive city in India, but Chennai has been catching up fast. The index of National Housing Bank for residential property prices states that Chennai has recently experienced a sudden rise of around 249 percent increase in [...] Continue Reading »
According to the Economic Survey 2013-14, housing prices have increased in 24 major cities across the country between 2007 and 2013. The city of Chennai alone reported more than a threefold gain in the rates in those 6 years. As compared to the base year (2007), during the time period 2007-2013, residential property prices saw [...] Continue Reading »
New Delhi: Realty developers are likely to seek finance ministry’s help against the proposed property tax to be imposed on property sales. The realtors are worried that the additional tax would curb the growth of the real estate sector which is already facing slowdown. By inserting Section 43CA in the Income Tax Act, the government [...] Continue Reading »
According to the property consultant, along with the land price, house prices will also increase if the land acquisition bill is passed by the government. Confederation of Real Estate Developers’ Associations of India (CREDAI) National President Lalit Kumar Jain commented that this will not be a good step towards the economic growth and it will [...] Continue Reading »
