Indian realty market
Experts say rents are up because prices went up irrationally in several major markets. It has seen a 15-20 per cent rise in values over the past year across many markets, irrespective of the slowdown in the property sector. While buyers are in a wait and watch mood, the home rental market is headed north. [...] Continue Reading »
A fall of 41 per cent of Net Profit in the quarter ended December 2013,has been registered of top 25 real estate companies, in comparison to peak period of quarter ended March 2012.As per the report by global realty consultancy Knight Frank the net profit margin have fallen from 13.6 per cent to 9.7 per [...] Continue Reading »
The year 2013, is expected to be the year of delivery for residential projects that were stuck for some time. Developers claim that they are going to supply a large number of units this year. According to a survey done by one of the research firms, in Gurgoan, the projected supply was 38,684 units in [...] Continue Reading »
New Delhi: Even though real estate prices have increased rapidly in the leading cities, Reserve Bank of India (RBI) governor D Subbarao opines that there is no housing price bubble building up in India. After capturing prices in nine cities, RBI has recorded in its macro-economic and monetary development report released recently that there are [...] Continue Reading »
New Delhi- With major fluctuations in the Indian realty market over the past few years, experts expect that the year 2013 will create a developing uproar in the sector. The key reason would be government’s positive approach towards the revolutions and moderation pertaining the interest rates. The year 2013 will see the Land Acquisition and the Real [...] Continue Reading »
The demand for 1bhk and 2bhk flats increased by 70 percent in Chakan. The demand for residential apartments is growing up by 25 percent every year and it is expected to expand by 35 percent after the completion of the Chakan Airport. Prithviraj Chavan, Chief Minister, said that the land for the international airport at [...] Continue Reading »
Sean Tompkins, global chief executive officer of UK-based Royal Institution of Chartered Surveyors (RICS) has said that the foreign investors are thinking twice before investing in the Indian real estate market because it fails to meet the global standards. Between 2006 and 2009 the Indian realty had witnessed around $20 billion in investment of which [...] Continue Reading »
Gurgaon developers are coming up with theme-based housing for niche clients. The real estate developers are lining up projects based on architectural designs of various culture - Egyptian, Arabic or Spanish, etc in the city. The target audience are those whose aspirations go beyond modern facilities like parks, swimming pools or health clubs. The theme-based [...] Continue Reading »
Bangalore real estate is presenting a different picture than most of the other cities in India. An example at hand, Bangalore-based realty firm Prestige Estates Projects Ltd, has robust home sales and office space leasing looking to surpass its own forecast for fiscal 2012. It also has a strong pipeline of launches. This is at [...] Continue Reading »
Indian realty market witnessed nosedive in the April-June quarter of 2012. Sales volume and absorption rates were low in the residential sector. High inventory and slow execution of projects, were the major concerns. The commercial real estate market experienced low office space absorption and a slight drop in rentals in the metros. Experts feel that [...] Continue Reading »
