Property Prices
The realty market is picking up after the change of the government in the center and that is evident in the financial balance sheet of HDFC Ltd. The Housing Development Finance Corporation (HDFC) on Monday reported a net profit of Rs 1,344.66 crore, up by 14.62 % year-on-year (Y-O-Y), for the quarter ending June 30, [...] Continue Reading »
The property rates in the Noida belt are set to go up as the Registry and Stamp Department of Gautambudh Nagar has announced to increase the circle rates by around 10 percent from the 1st of August. The announcement to this effect was made by the department post getting the go ahead notice by the [...] Continue Reading »
People who are hoping to purchase a property any time soon shouldn’t worry about price rise for now. While the rest of the country rejoices and welcomes the Modi government, Shailesh Singh who is a Delhi based executive seems to be very worried. He has been looking for an apartment in the NCR region of [...] Continue Reading »
Over the last two years, in Mumbai, values of land, which are used for development of residential projects, have appreciated by almost 35.2 percent mainly due to change in norms and increase in property prices, a recent survey said. Knight Frank conducted a survey of 13 top Asian cities on the parameters of values of [...] Continue Reading »
Real estate prices have remained untouched in last quarter of 2013, regardless of political uncertainty, liquidity issues, high interest rates and cautious sentiments. Property rates at Colaba, Marine Drive, Dombivali, and Ambernath went down by seven to 13 per cent whereas rates went up by 10 to 12 per cent at places like Hiranandani, Lower [...] Continue Reading »
Even though the demand in the real estate market remains sluggish, property prices have seen a rise. National Housing Bank (NHB) data shows that in the metros, Delhi and Mumbai have recoded property price appreciation of 33.3 per cent and 22.65 per cent, respectively, through the last two and a half years. Jaipur has topped the list of cities [...] Continue Reading »
Mumbai: Navi Mumbai, located in the eastern periphery of Mumbai, is witnessing significant fall in the property prices. The properties in this planned Satellite Township in Mumbai were observing huge demand from developers, investors and buyers, in turn making the property prices high. But now, the prices have slumped following the announcement of chief minister [...] Continue Reading »
New Delhi: Following the legal approval given by the East Delhi Municipal Corporation to the first layout of an unauthorized colony, East Azad Nagar, the property prices in the area have almost doubled. The residents of the colony are hopeful that the colony’s new status will help them in selling off their properties with good [...] Continue Reading »
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 »
Gurgaon- With property prices increasing rapidly in Gurgaon, buying a property in the city has become extremely difficult for buyers of low-income group (LIG). Gurgaon has emerged as a favourite destination of many property investors and real estate developers. In order to support developers in building more and more affordable housing units, the government of [...] Continue Reading »
