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Taking Stock of the Real Estate Market in Delhi and NCR

Taking Stock of the Real Estate Market in Delhi and NCR
The National Capital Region comprises Delhi, New Delhi, cities surrounding them in Haryana, Uttar Pradesh and Rajasthan. Its compass includes the Haryana Sub-Region with Faridabad and Gurgaon, which are the two most prominent districts here, with a lot of promise. Then there is the UP sub-region that includes Ghaziabad, the Rajasthan sub-region and now UP [...] Continue Reading »

Cushman & Wakefield predicts greater real estate growth in India

Cushman & Wakefield predicts greater real estate growth in India
Property consultants Cushman & Wakefield are hopeful of further growth in the Indian real estate sector, going by governmental emphasis on smart city development and housing in general. One of the leading property consultants in the country, Cushman & Wakefield has predicted better times for the real estate sector ahead. The market has remained dull [...] Continue Reading »

Stamp duty collections in Punjab may see a downward trend due to the slowdown in the realty sector

Stamp duty collections in Punjab may see a downward trend due to the slowdown in the realty sector
The Punjab government’s ambitious plan to mop up Rs 2,760 crore in the current financial year from stamp duty and registration fee is going to be a difficult task. This is due to the slowdown in the real estate sector. According to real estate experts the buyers are yet to enter the market, however are waiting [...] Continue Reading »

Capital appreciation of residential properties: Bangalore is the choicest destination

Capital appreciation of residential properties: Bangalore is the choicest destination
The IT Capital Bangalore outperformed the national capital Delhi as well as the commercial capital Mumbai and gave property buyers the best capital value appreciation. Bangalore is the corporate head quarter of many IT and ITeS majors and since the earnings of these companies are in dollars, they outperform many players who are confined to [...] Continue Reading »

Runwal makes Rs 1,000-crore bid for 25-acre Mumbai land parcel

Runwal makes Rs 1,000-crore bid for 25-acre Mumbai land parcel
Runwal Group – one of the prominent Mumbai-based builders – has emerged as the highest bidder for a 25-acre land parcel in Mumbai. Runwal’s bid of Rs 1,000 crore to Crompton Greaves for the land parcel is notably higher than what Lodha Developers and Kalpataru have offered to pay for the same land. With regard [...] Continue Reading »

SLR cut was welcomed by the realty firms

SLR cut was welcomed by the realty firms
Reining in inflation seems to be on top of the agenda in view of the RBI’s monetary policy announcement earlier this week. RBI decided to keep the key policy rate unchanged but slashed statutory liquidity ratio (SLR) by 0.5 % to unlock about Rs 40,000 crore into the system. Real estate developers and property consultants [...] Continue Reading »

RBI decides to cut SLR: Real estate developers and property consultants are happy

RBI decides to cut SLR: Real estate developers and property consultants are happy
RBI (Reserve Bank of India) has decided to cut the statutory liquidity ratio (SLR). This move was welcomed by the real estate developers and property consultants as this would enable the banks to lend more to the industry, including the cash-starved realty sector. However in order to boost the housing sales, the developers demanded easing [...] Continue Reading »

Neptune, Lodha look to buy Gammon India Mumbai plot

Neptune, Lodha look to buy Gammon India Mumbai plot
Mumbai-based Neptune Group and Lodha Developers are looking to Gammon India’s 185 acre land in Dombivli. They have also submitted their offers for the same. The plot is about 185 acre in size and was put on the block in mid 2013. It has been learnt from the sources that the offer of the Neptune [...] Continue Reading »

Mumbai witnessed the grand growth in retail rent

Mumbai witnessed the grand growth in retail rent
According to the report by Cushman & Wakefield, property consultant, Mumbai witnessed the highest rental growth globally. Colaba Causeway has seen a jump of 75 percent in the rental values in past one year. In the list of top 10 Global Highest Retail Rental Growth Markets 2012, Kolkata’s Park Street is in the 5th position [...] Continue Reading »

Air India to monetise 105 realty assets

Air India to monetise 105 realty assets
Air India is planning to monetise 105 realty assets to lower its debt burden. According to industry sources, the debt ridden national carrier had invited bids from real estate consultants and Jones Lang LaSalle India is close to seal the deal. The financial bids opened last week and based on the financial proposals submitted by [...] Continue Reading »



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