luxury segment
Delhi-NCR- The realty industry in Delhi-NCR has gained pace since 2012 despite the land acquisition issues and project delays. Perhaps this year the Indian realty market will experience a shoot due to the fast paced infrastructure, better connectivity and new developments. All of the above features not only attract the end-users but will also better [...] Continue Reading »
With the Kingfisher Tower setting capital values benchmark of Rs. 30,000 per sq ft in the super luxury segment, Bangalore’s luxury residential market has witnessed a drastic change, said Jones Lang LaSalle India. According to JLL report, the residential property capital values have increased by 25% from mid-2009. At present, the absorption of residential spaces [...] Continue Reading »
Prices of mid-segment properties have risen as investors are beginning to shun luxury segment due to poor returns and are now seeking to invest in lower-priced properties. Real estate agents, on their part, are now pitching mid-income homes which are priced at Rs 40-70 lakh to the investors who were earlier investing in luxury homes. [...] Continue Reading »
