National capital region (NCR)
Bangalore- Although real estate in India is witnessing sky high rising property rates, Bangalore real estate still remains affordable to buyers. According to a study by a real estate research firm on affordable locations, buyers in Bangalore who belong to middle-class, can also find good properties in emerging locations within the city and at a [...] Continue Reading »
Neharpur, which is also known as Greater Faridabad is one of the areas with early stages of infrastructural developments. This area falls about 8 kilometres from the Delhi-Badarpur border and extends up to a distance of 15 kilometres. A key factor for the development of this area is that fact that it is situated between Noida [...] Continue Reading »
After the Reserve Bank of India’s decision to hold the rates, real estate developers say that although they welcome the reduction in cash reserve ratio (CRR), they are disappointed with the fact lending rates have remained the same. In the policy announcement, RBI cut banks’ Cash Reserve Ratio (CRR) by 25 basis points (bps), while [...] Continue Reading »
Bangalore has surpassed bigger property markets such as Mumbai, Delhi and Chennai. Real estate research firm PropEquity says that the Southern city recorded a 140% growth in the quarter till June over the year-ago period. As sales in most other cities stagnated or decreased, Bangalore witnessed sale of 15.58 million sq ft of residential space [...] Continue Reading »
The state authorities have approved resuming of the construction of the 22-km long link road between the two national capital region (NCR)s – Greater Noida and Ghaziabad. The approval has raised hopes of real estate developers and buyers who has invested in both the areas as there is widespread speculation that prices will rise once [...] Continue Reading »
Rentals for commercial space across India may see a mixed trend in coming few years. Real estate firm Cushman & Wakefield (C&W) says that while cities such as Bengaluru, Chennai and Pune are to witness moderate rental increases over the next five years, the scenario may turn out to be different in other cities. The [...] Continue Reading »
According to real estate estimates, demand for luxury residential facilities in Gurgaon is expected to soar in the coming four years. National Capital Region (NCR) is expected to witness the highest demand for houses in the country. Approximately, 381,000 units will be constructed during next four years. New industries mainly connected with the IT, services [...] Continue Reading »
According to a Reuters poll, house prices in India have no signs of coming down in the current financial year. House prices have almost doubled in the past five years and the scenario continues to look gloomy for the buyers. However, as per the poll prediction, prices in Mumbai have a fair chance to fall [...] Continue Reading »
After re-imposing property tax in Haryana, the state government has given 90 days to property owners to sort out the issues of tax diminution and self-assessment as according to government officials, from November 1, civic bodies will begin serving demand notices. Haryana has around 20 lakh property tax payers, 2.5 lakh and 2.45 lakh from [...] Continue Reading »
Bangalore realty sector performs better when compared to any other cities of India and the main factors being price stability, wide property range and active workforce. The city has crossed all other cities of India in terms of sales in the year, 2011. Bangalore ranks tenth this year in the list of top global investment [...] Continue Reading »
