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Land prices in Gurgaon and Noida could fall due to fresh supply in Delhi

Land prices in Gurgaon and Noida could fall due to fresh supply in Delhi
Property consultant CBRE predict that land prices in Gurgaon and Noida may fall as 70,000 acre is likely to be available in Delhi due to DDA’s new land pooling policy. Delhi Development Authority (DDA) has recently passed land pooling policy, according to which, private developers can privately acquire land from landowners/farmers willing to participate in [...] Continue Reading »

Mumbai flat sales drop by 60%

Mumbai flat sales drop by 60%
Mumbai Metropolitan region (MMR), which normally has an annual flat sales average of 80,000 units, declines with only 45,000 apartments sold in the year 2011-12. According to the Knight Frank research report released on Thursday the market has an unsold inventory of 80,000 flats valued at Rs 1.05 lakh crore. Sales in the financial year 2012 [...] Continue Reading »

Price, connectivity influence first-time home-buyers

Price, connectivity influence first-time home-buyers
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 »



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