prices of properties
In the last three years, the number of unsold housing units in prime cities such as Delhi-NCR, Mumbai and Hyderabad have nearly doubled, indicating that the real estate in India would need a long time to recover from. Liases Foras, a real estate consultancy and research firm has revealed that the stock level of residential [...] Continue Reading »
Ghaziabad: Parking provision is made mandatory for all housing projects in Ghaziabad, announced Ghaziabad Development Authority (GDA). Builders should provide one car parking space for each housing unit in a building developed on a plot area of over 100 sqm. In order to reduce the number of vehicles parked on internal roads, GDA has come [...] Continue Reading »
Gurgaon- The district administration has increased the circle rates in Gurgaon by up to 15 percent, which is likely to pave way to a significant rise in the prices of properties and plots across residential, commercial and industrial areas. The new rates would come into effect starting from April 1st. As per the new rates [...] Continue Reading »
New Delhi- Owing to delay in initiating projects, prices of properties in India have shot up by 40 percent, reports Economic Survey 2013. Before the construction activity of a project has to be started, the builder of the project has to complete 34 procedures to get clearances which would take at least six months time [...] Continue Reading »
Delhi-NCR- The prices of properties, particularly in NCR, are about to witness a downfall in the near future, presume National Housing Bank (NHB). Along with this, 20 percent growth is expected in the residential sector during the current financial year against 17 percent in the last fiscal. Many cities including NCR region have observed fall [...] Continue Reading »
High prices of properties is the major concern for home buyers across India. Though unsold properties are piling up, developers are reluctant to reduce rates. As per the data from the NHB (National Housing Bank) Residex index which tracks price movements in the residential segment in 20 cities across India, the rise in property rates [...] Continue Reading »
A large number of home buyers in India are awaiting reduction in property prices to get the best real estate deals. In order to reduce the prices, the Finance Minister P. Chidambaram recently directed all government-owned banks to force real estate developers to lower the prices, which in-turn is expected to beat the economic slowdown. [...] Continue Reading »
