Mumbai and Delhi
New-Delhi- A recent report by an all-India property index stated that the realty prices in Mumbai and Delhi fell by 2.4 percent and 0.9 percent in December. As per another real estate expert, although there has not been a significant drop in property prices, the current trend in cities like Mumbai and Delhi-NCR might continue based [...] Continue Reading »
Due to the seldom presence of clean titles in the market for the most coveted of India’s residential addresses, home buyers with deep pockets in Mumbai and Delhi are ready to invest even in disputed properties. Areas in Delhi and South Mumbai having disputed properties are on sale and involve multiple feuding owners. Further the descendants of the original owners also [...] Continue Reading »
The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...] Continue Reading »
India’s famous modern architect, Charles Correa voices out his difference of opinion about increasing shiny high-rise apartment blocks mushrooming in all Indian cities. He say that property buyers in India have incorrect perception as to tower apartment blocks are progressive and modern. Mr. Charles Correa say that the concept of tallest and combined apartments in [...] Continue Reading »
