Property prices in Delhi
According to the National Housing Bank (NHB) Residex, the last quarter of 2012 saw rise in residential property prices across 18 of the 20 cities covered. Major Indian cities like Mumbai, Delhi, Bangalore, Ahmedabad, Kolkata and Chennai witnessed significant increase in the same. The cities which reported maximum growth in residential property prices quarter-on-quarter are [...] Continue Reading »
New Delhi: Government is planning to approve all the real estate projects in a fast track basis and also to put them online so that the consumers can have a clear idea before booking a house and can bring down home prices. A government committee headed by former commissioner of India chairman Dhanendra Kumar is [...] Continue Reading »
Delhi being a hub of industries, infrastructure along with the metro connectivity reaching far ends, the real estate market in the sub cities of the capital are developing in a great speed. Bhartiya Group’s founder and chairman Snehdeep Aggarwal spoke that, in past no body even thought of model or hub, but now developers are [...] Continue Reading »
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 »
New Delhi- With the increase of the circle rates by the Delhi Government, the property prices in Delhi are expected to rise. Circle rates were raised by about 200 percent concerning the minimum valuation of land and immovable property to curb the black money transactions. The 200 percent hike was seen in areas like Greater Kailash, [...] Continue Reading »
The economic slowdown has not affected deals in Delhi’s premium real estate space. In a record deal, Gujarat-based Torrent Group has bought 1,124 sq yards of residential property in Chanakyapuri for Rs 111 crore, at the rate of around Rs 10,00,000 per sq yard. This is the highest recorded rate in the recent past in [...] Continue Reading »
The Delhi government’s decision to ban sale of property through general power of attorney (GPA) has brought major changes in real estate sector. The government’s decision will cause hardship for the property owners in Delhi who have purchased property on GPA. From now onwards, any transfer of property sale deed has to be executed and [...] Continue Reading »
Property sales has witnessed a quiet all time low in the couple of years. Yet in this scenario, affordable homes also did not do any magic on the buyers’ buying spree. Hike in property prices and higher interest rates can not be blamed alone. There are other reasons like difference in buyer preferences or high [...] Continue Reading »
