Property Prices
The higher costs of construction and financing are showing signs of residential property rates increase in Indian cities. Property developers across the country have decided to gear up the property prices hit by slow sales, expensive financing and high interest rate regime. The Mumbai real estate industry experts say that they have managed to enhance [...] Continue Reading »
The planning commission has suggested to introduce new tax rule on vacant land. In a draft proposal the government wants to implement vacant land tax to generate revenue for urban infrastructure. In the draft it is proposed to charge the tax of 0.5% of the total value of the land. The government has noticed that [...] Continue Reading »
The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...] Continue Reading »
The prices of real estate properties at Chandigarh in Panchkula is sky-rocketing. Buying a plot has become a distant dream for a common man in Panchkula. This real estate scenario had sometime diverted common people’s mind to forcibly get adjusted to apartment culture. However, in recent times the prices of apartments in Chandigarh comes only [...] Continue Reading »
The real estate situation in Pune has been traced! The recent report say that the Pune real estate market has been driven by genuine demand resulting in fluctuations of the sales! The buying and selling mantra in Pune real estate is where the whole crux of the business is floating. With the times changing the [...] Continue Reading »
Will there be a pinch for property buyers pocket? Here again! The real estate experts have expressed concerns about the property prices to be increased by 10 to 30 per cent rise in property prices by 2012 and 2013. It does not end here, along with the property prices increasing, many of the apartment projects [...] Continue Reading »
The third quarter of the current fiscal real estate graph is out right now! The residential property prices in Delhi are slowly spiraling up, however a downward movement has been witnessed in Mumbai and Kolkata. Comes as a pretty much astonishing news that the property prices has down drastically by 15.5 per cent in Kochi, [...] Continue Reading »
The rental prices are going viral across India! Similar is the situation at Kozhikode, wherein the house and flat owners are blindly pushing up the rental prices. The rent for two bedroom house from Rs 2,500 to Rs 5,000 and a single bedroom house has increased from Rs 1,500-2,000 to Rs 3,500-4,500. Whats more surprising [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
In the era of high property prices, developers are looking for ways for more property sales. Mumbai developers are now shrinking the size of their apartments to make it look inexpensive than the ongoing rates. Even developers in the national capital and NCR region are taking up the same idea. By giving a smaller look [...] Continue Reading »
