Real estate in India
Government is working on a new proposal which will allow the real estate investment trusts to participate in the country’s rental housing market. According to Ajay Makan, housing and urban poverty alleviation minister, the ministry is trying to frame a policy paper on REITs which will soon be taken up by the finance ministry. This [...] Continue Reading »
Haryana Housing board is coming up with 10,000 house and flats which will cost around Rs 500 crore. Deepender Singh Hooda MP from Rohtak, said the residential colony would be developed by Housing Board at Jind road in Rohtak on 23rd December. Around 878 flats with 686 multi-story houses of different categories would be constructed [...] Continue Reading »
Around 15 industrial plots allocation has been cancelled by the Greater Noida Industrial Development Authority. According to the authorities, the allotments were cancelled are of either 450 sqm or 1,000sqm, however GNIDA is looking for a fresh scheme re-allotment. As the allottees failed to respond to the notices issued by the authority in October for [...] Continue Reading »
Recent surveys say that, the investment in Indian market from past few years are not attractive at all. The three top real estate cities, Bangalore, Mumbai Delhi have slipped from there places to 19th, 20th and 21st positions respectively in the list of 22 investment destinations in the Asia Pacific region. This three cities were [...] Continue Reading »
Bangalore- Although real estate in India is witnessing sky high rising property rates, Bangalore real estate still remains affordable to buyers. According to a study by a real estate research firm on affordable locations, buyers in Bangalore who belong to middle-class, can also find good properties in emerging locations within the city and at a [...] Continue Reading »
Due to government’s positive approach towards reforms and moderation of interest rates, the real estate may have a kick start in 2013. In 2013, the land acquisition bill and real estate regulation bill are likely to be passed by the government which will bring back the hopes of growth in the real estate sector and [...] Continue Reading »
In 2012, property prices in Pune city have gone up by an average of 12 percent and in 2013, an average appreciation of 12-15 percent is expected across the city. Areas like Undri, Kondhwa and Hinjewadi has contributed 40 percent of the total sales in 2012. New launches were less in 2012 compared to the [...] Continue Reading »
Bangalore- Private Equity exits have significantly decreased as compared to last year, as the liquidity in the market is limited and several PE firms have been waiting for better returns. Real estate in India has witnessed around $288 million of PE fund exits in 2012 while it had seen the exits of around $457.32 million [...] Continue Reading »
According to a real estate research, 2012 was not a thriving year for the real estate sector and even in 2013 the real estate market is not likely to witness the graph of success. Although there is a steep rise in residential properties, the private equity sector dried up. If the land acquisition bill and [...] Continue Reading »
Manesar’s new industrial and commercial hub has become the center point for the investors in North India. Almost over 1 lakh crore investments apart from an additional Rs. 10,000 crore revenues to Haryana government will be banked. According to a study by Assocham, owing to the industrial hub, about 15 lakh skilled and unskilled jobs [...] Continue Reading »
