NCR
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 »
Surendra Hiranandani, who majorly promoted the House of Hiranandani is now planning to venture into NCR to flourish its residential projects apart from just planning to expand its footprints in cities like Hyderabad and Pune. The House of Hiranandani has already set its footprint in cities like Chennai and Bangalore and is further planning to [...] Continue Reading »
Greater Noida Expressway have seen high demand for multi-storey apartments on the stretch in the last few quarters. The demand has been especially for 3BHK apartments. Location and greenery seem to be the main pulling factor of the area. The residential demand is generated from a lot of working people commuting from Delhi to NCR [...] Continue Reading »
Portman Holdings is planning to raise third party funds to invest in Indian real estate. The fund worth is estimated at $300 million. The company will raise these funds in overseas markets in the first half of 2013. It then plans to deploy the entire corpus in the next 30 months once the fund raising [...] Continue Reading »
DMI Finance is in the process of raising 1,000 crore to invest in the real estate sector. The company was founded by the former Citigroup employees Shivashish Chatterjee and Yuvraj C Singh. The company will target an equity and debt corpus of 500 crore each and it will target over 20% internal rate of return, [...] Continue Reading »
Report by global property consultant Cushman and Wakefield states that there will be an increase in the demand for 12 million housing units across the country in the next five years. It is said that the top eight cities will form about 20 per cent of the additional demand. However, the overall demand generated for [...] Continue Reading »
Gurgaon and Noida are witnessing an increased supply in the studio apartment segment due to strong economic growth. According to industry estimates, the two cities collectively will have around 9,000 studio units delivered over the next 2-3 years. Noida has seen a growing need for studio apartments while Gurgaon is catching up. Noida-Greater Noida realty [...] Continue Reading »
Confederation of Real Estate Developers Association of India (CREDAI) Bangalore aims to concentrate in quality residential units at affordable pricing. While it offers to cater to a wide segment of customers at competitive prices, the emphasis always is on reliable and quality products in the real estate sector. The developers’ apex body aims at greater [...] Continue Reading »
Real estate and home finance executives have stated that Pune and New Delhi have overtaken Mumbai with steady home loan demand. India’s financial capital does not offer a rosy picture for the real estate sector as there are not many new projects that sell in big numbers. In the recent past, most sales have been [...] Continue Reading »
With Yamuna Expressway being opened, property analysts believe that that real estate market in the region is going to witness a boom and the NCR and western UP belt will become a hot destination for homebuyers as well as investors. A hike of 30 per cent in property prices is expected as the Expressway is [...] Continue Reading »
