Land prices
The cost of land has soared in the last few years and this has totally altered the economics of the greenfield projects in India. Till the early 2000s, land was available in many parts of the country at Rs 50,000 or less an acre. Today, that base figure is probably Rs 5 lakh. Even the tier [...] Continue Reading »
The Government’s plans of boosting manufacturing have been hit because the land prices have increased. Acquiring land for a factory or warehouse is turning out to be a real challenge for the Indian manufacturers. The capital required to buy large tracts of land is shooting up and this has posed a major problem for the [...] Continue Reading »
Knight Frank Asia Pacific has introduced the market’s first-ever Prime Asia Development Land Index which obtains the cost of prime residential and commercial development land in 13 major cities across Asia that consists of cities like NCR, Bengaluru and Mumbai in India. Key Takeaways Mumbai Modification in development rules coupled with increase in prime residential [...] Continue Reading »
The green belts of Western and the Eastern Ghats which were lorded by the epic Veerappan’s rule are no more haunted. People have ventured into these areas and are planning to establish structures. Various realtors are crowding the villages of Dhimbam, Hassanur and Thalavady in Sathyamangalam taluk area to convert the revenue lands into plots and farms. [...] Continue Reading »
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 »
Mumbai land prices have grown higher and higher along with the time. Underhand and shady land dealings are a part of Mumbai real estate industry. A Madhya Pradesh government-owned company had sold a prime eight-acre plot for Rs 1.75 crore to a little-known builder a decade ago. The same land, when it was resold to [...] Continue Reading »
Even after the orders from the state’s chief minister, the police and the concerned authorities of Kolkata turn a blind eye to the encroachment of water bodies. Chief minister Mamata Banerjee had asked the police and Trinamool Congress councillors to check that no water body in their jurisdiction disappears. But this seems to have had [...] Continue Reading »
The middle class citizens aiming for own house still stands as a distant dream. At present this dream seems not to come true at all, as the land prices are skyrocketing with the days progressing. Investing or purchasing independent house does not come under middle-class population budget. At cities like; Kozhikode, Thrissur, Kochi and Thiruvananthapuram [...] Continue Reading »
Land prices in cities like; Delhi, Mumbai, Kolkata and Chennai are costing big time. We also have one more place Gujarat to this list as the land prices no more comes affordable here! The IT biggie Infosys itself is looking forward for the land price correction to commence their company expansion in Gujarat. So, here [...] Continue Reading »
Knowing that there are rare chances of land prices going down, people are busing finding land in the outskirts of the cities. Similar is the scenario in Chitradurga! Wherein the farmers are being consulted for the sale of their lands. Also, one of the farmer from Challakere taluk say that his land is being visited [...] Continue Reading »
