Indian real estate sector
Not only the house owners but also the police department will be going through the tenant verification in Chennai. The prospective tenants will have to submit all their personal details to police as well as the house owners. This has been traced as the latest development to be practiced in the Indian real estate sector. [...] Continue Reading »
The water supply department of Varanasi is struggling hard to facilitate water supply in most of the part of the city. As the ground water level is decreased, a number of bore well needs to be re-bored. According to an official, the work of laying water pipe line was delayed due to assembly elections, however [...] Continue Reading »
The highest value of realty transactions of Mumbai and Pune will be submitted to National Institute of Public Finance and Policy (NIPFP) at the earliest. The realty registration and stamp duty, ready reckoner rates and sale document details are also collected say the ministry. Through this detail and depth study, the unaccounted incomes of India [...] Continue Reading »
A new round of worries are about to hover on Indian real estate sector! According to a report by Jones Lang LaSalle, private equity (PE) funds who had invested in Indian realty are going to make an exit by 2012. The total loss of investment would be around $3 billion to $5 billion. The main [...] Continue Reading »
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
The Godrej group’s (Godrej properties ) has taken a giant step in Indian real estate sector. It has planned to develop premium residential apartments and villas in Nagpur with the land space of two million square feet. Godrej property experts say that they are highly excited as this is first of its kind in the [...] Continue Reading »
The country’s leading realty consultant Jones Lang LaSalle pointed out that the projects would be delayed, unsold housing stock will rise and developers might have to offer new projects at 10-15 per cent discount, all because of a slowdown in property demand. Indian real estate sector is likely to see a gloomy phase in the [...] Continue Reading »
