Liases Foras
New Delhi- After a prolonged wait of five-six years, nearly 5 lakh home buyers in India are expected to get possession of their new homes. According to an estimate of Property research firms Liases Foras and PropEquity as well as property consultancy CB Richard Ellis (CBRE), around 4.5-5 lakh homes will be ready to occupy [...] Continue Reading »
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »
Home registrations in Mumbai, in H1 of 2012, have seen a marginal fall of 3.4% compared to the same period last year, whereas in H1 of 2011, home registrations had seen a steep fall of 22% against H1 of 2010. This data shows some signs of progress in the Mumbai residential property market on a [...] Continue Reading »
The experience of buying a house for the first time is almost the same with every individual. Price and connectivity over location are the top two buying considerations, for first time home-buyers. Most of the buyers set out to buy a home with the average budget of up to Rs. 40 lakh. But since the [...] Continue Reading »
The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...] Continue Reading »
The law of demand and supply is going viral in Indian realty industry! Looking back at previous year the property sales was down by almost 30 percent with the immediate raise of 25 percent! According to the realty reports collected by Liases Foras, a real estate research agency; Delhi has witnessed 17% growth in sales [...] Continue Reading »
Mumbai has 104 million sq ft of unsold real estate. The slowdown in real estate sales in Mumbai may have intensified due to higher interest rates, which could pressure developers to bring down prices. This may not be a worrisome trend as sales are low during monsoon. Pressure will start building up only when the [...] Continue Reading »
