Interest rates
Property buyers beware of the residential projects which avail discounts while buying a property. According to the recent survey of Jones Lang LaSalle India (JLL), the developers who have started luxury residential projects will soon be facing problems in delivering the projects. Due to hike in interest rates and high property prices there is a [...] Continue Reading »
Finally, Reserve Bank of India (RBI) has kept the interest rates unchanged! This is the first time midst this year RBI has paused the hike. During this year RBI has hiked the interest rate nearly 13 times within a span of 21 months. Also central bank has shown clear signs of interest rates dropping down [...] Continue Reading »
Real estate India is already floating, trying to reach the zenith midst high property rates and interest rates. One more add on problem the real estate is facing today is shortage of unskilled labourers. There is a dire need of qualified professionals like building planners, civil engineers and architects. The shortage of these labourers have [...] Continue Reading »
Constant raise in interest rates has resulted in the investors to move out of the realty market. However, property buying has not stopped completely but it has moved on to the suburbs and peripheral areas in all the cities. According to real estate experts around 57 percent of the property buyers have already started investing [...] Continue Reading »
Diwali 2011 was not at all productive for Indian real estate especially in Mumbai. It has been witnessed that throughout the year, the real estate sales continue a lucrative one! Previous year Indian real estate during the Diwali season recorded 5,791 sale deeds and in recent times it has been recorded as 4,633 sale deeds [...] Continue Reading »
Developers are looking forward to change their construction materials and technology to finish the project much ahead of time and also to reduce capital costs by 15 per cent. Midst high property rates and raising interest rates, it’s a fact that the developers too are struggling with multiple cost pressures. Now that the real estate [...] Continue Reading »
Almost every quarter Indian realty companies have no other go but to pledge more shares in a bid to raise their liquidity. Hike in property prices combined with high interest rates seems to be giving tough fight in share investments. According to the research conducted by ICICI direct, the percentage of real estate promoters in [...] Continue Reading »
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious. Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given [...] Continue Reading »
Property price fall has become a major headache for the developers and builders in India. According to the recent data collected by the Indian government, property prices in nine cities has dropped in the September quarter drastically. National Housing Bank’s residex proved interest rates peaking as the main reason for slow down in residential property prices [...] Continue Reading »
Mumbai government is shocked and worried to see a major slump of real estate for the fiscal year 2011. The overall revenue target for the current fiscal account has been reporting a major drop down. The eastern suburbs have traced a major drop in the real estate transactions. Rising property rates, inflationary pressures and constant [...] Continue Reading »
