Housing prices
Exorbitant land prices are pushing housing prices in Kolkata. It is not in tune with the overall slowdown in real estate market. Land prices have gone up by more than 50 per cent in many plush localities in Kolkata. The demand remains steady and hardly any new townships have come up in urban and semi-urban [...] Continue Reading »
The residential real estate index prepared by the National Housing Bank (NHB), the housing prices in 16 cities including Delhi, Mumbai, Chennai, Bangalore, Pune, and Kolkata improved in the quarter ending June 2012, compared to the previous quarter ending March 2012. The prices of residential properties in 16 cities have shown an increasing trend in [...] Continue Reading »
According to National Housing Bank (NHB) data, housing prices have risen by up to 10.5 per cent in 16 major cities of the country in the April-June period, while only three towns have witnessed a marginal fall. The data is taken from NHB ‘RESIDEX’ which tracks the movement in prices of residential properties on a [...] Continue Reading »
Realtors of India are pretty sure that the housing prices will not fall in the near future even after the economy’s downfall. It is a fact that due to the delay by the state government there is pressure on the developers but such delays affect the cost for developers. According to a research made by [...] Continue Reading »
According to analysts, the demand for residential properties in India will remain stagnant for some more time. After the reduction of the Repo rate by the RBI, the real estate sector hoped for some better scenario. Bu,t it is observed that the rise in demand is not happening as per the expectation. That is why [...] Continue Reading »
The residential price in Surat have increased fastest compared to other major cities in India. National Housing Bank track the housing prices with residential index (Residex). It is also observed that the residex of Chennai (9.2), Pune (8.9) and Delhi (8.4) follows Surat (9.4). As Surat is the city having highest annual household income in [...] Continue Reading »
Demand for property in major cities across the country have dipped and sharp increase in borrowing costs had kept buyers on the sidelines. Banks have raised their lending rates sharply in the past few months after Reserve Bank of India (RBI) raised interest rates 11 times since March 2010. Bhopal leads the pack in rise [...] Continue Reading »
Housing prices could fall by up to 20 per cent in Mumbai and Delhi-NCR sooner than expected if RBI raises key rates in its upcoming monetary policy review, says a report by property consultant Jones Lang LaSalle . It is widely expected that the apex bank would increase the key policy rates by up to [...] Continue Reading »
