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property market

Sale in property dropped by 37 percent in the capital

Sale in property dropped by 37 percent in the capital
Housing sales dropped by 37 percent in Delhi-NCR to nearly 28,500 units during the first six months of this year due to slowdown in the property market, real estate consultant Knight Frank said today. In the year-ago period, the National Capital Region (NCR) had witnessed sales of 45,300 housing units. Launches of new homes in [...] Continue Reading »

‘’Ready –to- Move- in’’ properties- The latest hot cake in the property market

‘’Ready –to- Move- in’’ properties- The latest hot cake in the property market
Consumers are now more keen to invest in ‘’ready- to- move- in’’ properties than availing the pre-launch offers. Due to the delay in construction, starting of the pre-EMIs and EMIs, the financial burden increases on the buyers as they have to pay for the EMIs as well as the rent (for their existing establishments) for [...] Continue Reading »

Property market yet to experience the actual surge in demand

Property market yet to experience the actual surge in demand
Speculations are on in the property market post the newly elected Modi government declared housing for all by 2020. The low budget housing projects for urban lower income group dwellers to witness a surge is what the industry analysts speculate. However the analysts believe that the fortunes of realty the sector will not change so [...] Continue Reading »

Modi’s Win is Set to Revive the Property Market

Modi’s Win is Set to Revive the Property Market
After Modi’s sweeping election victory, real estate experts predict a revival of the property market. A stable government at the center will improve investor sentiment and increase the demand for both housing and office spaces, as the aspect of pleasing the coalition partners disappears. Expectations are high after Modi’s win, mostly owing to his past [...] Continue Reading »

Risk of blow up in China’s property market rising

Risk of blow up in China’s property market rising
Property bubble in China is not a new topic. Economists have for quite a long time deliberated over the meteoric rise of home prices, and the runaway pace of new construction. There have been a lot of reports on “ghost cities” — newly constructed Chinese municipalities that were never occupied — led to frequent warnings [...] Continue Reading »

South Delhi witnesses slump in property prices

South Delhi witnesses slump in property prices
Delhi- Besides slowdown of economy, overflow of new residential properties in South Delhi has been hampering the real estate growth of the city. Sluggishness in the market is forcing some of the developers to sell apartments at discounted rates. Property prices are stagnating and in colonies like Saket and Greater Kailash, apartments are being sold [...] Continue Reading »

Debenture default triggers panic in sector

Debenture default triggers panic in sector
Many well-to-do investors who have invested money into real estate bonds to get higher returns from a secured investment have been taken aback due to a default in a property debenture since the turbulent days of 2008-09. A month-and- a half ago, a Bangalore based realtor, failed to pay the interest rate on time. While [...] Continue Reading »

Property prices rise in Faridabad

Property prices rise in Faridabad
Faridabad is growing at a rapid pace and is among the fastest growing realty destinations in NCR area. Increased demand for residential property has pushed the property market and transactions have increased by manifold in the area. Availability of  homes at affordable rates along with improved infrastructure have resulted in property prices to go up [...] Continue Reading »

Indiareit exits from 3 deals

Indiareit exits from 3 deals
Indiareit Fund Advisors, the real estate private equity arm of Piramal Enterprises who invested Rs 440 crores has exited from the three realty projects including a residential project in Pune, a premium luxury project in Mumbai and phased stake sale of an SEZ within a township project located at Hinjewadi, Pune, being developed by Paranjape [...] Continue Reading »

SBI reduces home loan growth target

SBI reduces home loan growth target
State Bank of India (SBI) has revealed that it has cut its annual home loan growth target by up to 10 per cent age points. The biggest lender of the country has to revise their target due to sluggish growth in property market. The bank cut its home loan rates on Wednesday by up to [...] Continue Reading »



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