property price
Areas such as Wadala and Chembur in Mumbai and Ulwe in Navi Mumbai are the top residential locations to invest in and Knight Frank has predicted a rise of 133%, 125% and 145% in these areas respectively in recent years. Cities like Mumbai, Bangalore, Chennai, the national capital region (NCR) and Pune are identified as [...] Continue Reading »
The property price in Mumbai is touching the sky and it has become impossible for home buyers to even think of buying a property in Mumbai. However, there is an area called Badlapur where affordable houses are available in the range of Rs 17-30 lakh. The area is witnessing a huge demand because of affordable housing. [...] Continue Reading »
After the demise of Shiv Sena chief Bal Thackeray, specualtions are high regarding the control of Shiv Sena over Brihanmumbai Municipal Corporation (BMC). BMC is perceived as a mini-government within Maharashtra state and it directly controls one of the World’s most costliest properties in greater Mumbai. Developers since the past few years have been relying [...] Continue Reading »
Prices of mid-segment properties have risen as investors are beginning to shun luxury segment due to poor returns and are now seeking to invest in lower-priced properties. Real estate agents, on their part, are now pitching mid-income homes which are priced at Rs 40-70 lakh to the investors who were earlier investing in luxury homes. [...] Continue Reading »
Land rates in Bihar continues to soar. However, the volume of revenue collected by the registration department from sale of land and apartments has registered a 50 per cent growth compared to corresponding period last year. According to the statistics of the registration department, the state has earned Rs. 653.51 crore as revenue from the [...] Continue Reading »
Residential property prices have been steadily rising in Chennai for the last couple of years. Central Chennai areas like Boat Club and Poes Garden have seen the highest price rise. . Other prominent locations include Nungambakkam, T Nagar, Mylapore and RA Puram. Most of the residential developments in the central locations are bungalows and independent [...] Continue Reading »
It may have become the case that it is cheaper to buy a flat abroad such as in Dubai than at a posh location in Mumbai or in Delhi. The property price deflation in foreign countries since 2009 has given opportunity for Indians to buy houses abroad. Of late, most Indians seem to buy under-construction [...] Continue Reading »
Realty consultant Cushman & Wakefield today said that Indian realty is likely to witness around 25 per cent drop down in land deals around Rs 15,000 crore as a result of decline in demand. According to C&W, smaller realty developers would end up buying most of the lands this year than top players. India had seen [...] Continue Reading »
It is reported by a real estate consulting firm that the cost of residential property in Mumbai will start increasing in coming months. The demands for the affordable apartments are increasing, which will help the builders to keep the cost of the properties higher. The report has also said that the cost of properties in [...] Continue Reading »
The huge uncertainty of the real estate market of India is keeping the home buyers away from the market. A survey made by a real estate analyst firm states that most of the Indians are pretty scared of investing in the real estate market now. The individuals are worried about the delay in project completion. [...] Continue Reading »
