India real estate
The year 2013 will be stable for the residential apartments in Mumbai real estate market. As per the reports, buying plans and demand of residential projects might rise in the coming year. The high prices of land, increased demand and significant increase in construction costs will not witness major correction in 2013. Apart from the [...] Continue Reading »
According to a real estate research, 2012 was not a thriving year for the real estate sector and even in 2013 the real estate market is not likely to witness the graph of success. Although there is a steep rise in residential properties, the private equity sector dried up. If the land acquisition bill and [...] Continue Reading »
New Delhi: Developers like Supertech and Ansal API announce an investment of Rs 8,000 crore on projects in next four years. Companies like DLF, looking forward to cut of the debt rather than increasing the price and sale of housing in the coming year. In next three to four years, realty developer Supertech said that, [...] Continue Reading »
The residential property sales have become strong with developers launching new projects at lower rates and offering incentives. According to Liases Foras Real Estate Rating and Research, housing sales in top six cities have witnessed a growth of around 30% year on year in three months. While in Mumbai, the sales volume of the most [...] Continue Reading »
Indian real estate companies seem to take a hit due to imposition of VAT in Maharashtra. The shares of most big players dropped for a second day as confusion kept arousing about who would end up paying a proposed retrospective value-added-tax(VAT) from the state of Maharashtra. The drop was caused by worries about a stringent [...] Continue Reading »
The two-day ‘Statecon 2012′ organized by the Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore has received satisfactory footfall. The exhibition with the theme ‘Home for all’ witnessed 42 builders putting up their stalls and had almost 10,000 footfall and 4,220 confirmed inquiries for dwelling units – indicating a [...] Continue Reading »
Real estate consultant Jones Lang LaSalle India (JLL) stated in their recent report that the industrial development happening in and around Ahmedabad, Vadodara and Surat, have propelled these three major cities of Gujarat emerge as next best option for office space in real estate market. Firms based out of metros are eyeing Gujarat as the [...] Continue Reading »
While reports pointed out an increase in office rentals, a study by real estate consultancy Jones Lang LaSalle (JLL) shows that there has been a 35 per cent dip in office space absorption in seven major cities, as of June 30, 2012. The report states that the supply fell by 52 per cent during the [...] Continue Reading »
The high profile case between industrialist Nusli Wadia and real-estate developer Gopal Raheja about challenging the management rights over 460-acre land in Malad, drags on. The court has now asked Ferani Hotels, owned by Raheja, to file their affidavit supporting its claims by August 22. The court has asked Nusli Neville Wadia to submit his [...] Continue Reading »
Notwithstanding the current predicament about the effect of recent court order on the real estate market of Gurgaon, studies reveal that Gurgaon has witnessed issuing of around eight licenses every month.Two out of three licenses granted in the state of Haryana are from Gurgaon, which include commercial, residential and plotted projects, as being highlighted in [...] Continue Reading »
