Property prices in India
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said on Wednesday. SS Mundra the deputy governor of Reserve Bank of India stated that he believe there’s enough scope for housing prices to come down from the higher perch because of huge inventory piled [...] Continue Reading »
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said on Wednesday. SS Mundra the deputy governor of Reserve Bank of India stated that he believe there’s enough scope for housing prices to come down from the higher perch because of huge inventory piled [...] 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 »
A couple of years ago, Mahadevapura was a sleepy agricultural village, but today Mahadevapura has changed drastically. Today, the vegetable garden and paddy fields have been replaced by grand, posh glass and concrete buildings housing IT companies. The area started witnessing rapid growth after the establishment of International Tech park in 1996. Today it has [...] Continue Reading »
In the coming financial year (FY), retail sector is going to see a revived activity. Provided the actual economic developments and also the latest Union budget proposals, an economic revival is usually estimated from the second half of 2013, which in turn will increase the growth of real estate sector as well. Together with a [...] Continue Reading »
Property prices in India has gone up by 40 percent due to delay in clearance of projects. According to Economic Survey 2013, to start a new project, 34 procedures are required to obtain clearances which take an average time of over six months, and the issue needs to be addressed. As per the survey for [...] Continue Reading »
To assess collateral values for home financing, the UPA-II government is planning to attach greater importance and weightage to Residex, an index to capture changes in the prices of residential buildings at the national level. This drive was initiated keeping in mind the need for new financing schemes for the urban slums’ housing. The economic [...] Continue Reading »
Developers are expecting a positive future for the real estate sector this year with the government’s plan to give the sector favourable policies and industry status. The real estate sector has eagerly been waiting for the industry status. However, there is an increased demand for the industry status because of the growing demand with limited funds, less [...] Continue Reading »
Bangalore- With the approval of proposed land acquisition bill, the property prices in India are likely to increase, estimate real estate experts. The land prices and house rates are expected to increase and this is not a good progress for the real estate sector, alleged Lalit Kumar Jain, National President of Confederation of Real Estate [...] Continue Reading »
The year 2012 was a tough year for both real estate developers and home buyers because of the high property prices. The middle class and even the upper middle class found it impossible to invest in properties in India due to soaring property prices. There was a fall in property prices in 10 to 19 [...] Continue Reading »
