Real-estate market
No longer is the Indian real estate sector an unorganised one, thanks to the investments from foreign players and Indian corporate houses. Rapid urbanisation, increasing levels of income and opening up of the sector to FDI have resulted in phenomenal growth of the Indian market. The multiplier effect of the real estate sector is what [...] Continue Reading »
Price correction is apparently on the cards for Mumbai’s resale property market; with trends governing the real estate market having been deciphered by realty experts and investors ahead of the formation of the new Government in India. Despite the fact that the realty market in Mumbai is a dynamic one, transaction volumes in the city’s [...] Continue Reading »
With the real estate market having received a notable impetus from infrastructure growth all over India, developers who have projects coming up close to National Highway 3 (NH3) are optimistic of an imminent rise in realty prices in the near future. Of late, Thane and adjoining areas have developed fairly rapidly, thanks to the increased [...] Continue Reading »
The residential segment of the real estate market, defies the price determining demand-supply mechanism. The Fitch group’s research arm, India Ratings and Research Pvt. Ltd. recently came up with a report titled “2014 Outlook: Real Estate Sector”. It has been said in the report that the prices of residential units have risen continuously since financial [...] Continue Reading »
Discounts and offers from real estate developers are common but during this Navaratra the real estate developers are offering huge discounts and flexi payment scheme to attract buyers. The reasons behind this response are that the real estate market is noticing oversupply. As per Cushman and Wakefield there was 12 percent decrease in new launches [...] Continue Reading »
The real estate development wing of the Godrej Group named as Godrej Properties Ltd is going to develop a residential township project in North Bengaluru. The project is spread across 100 acres of area and has the saleable area of nearly 0.87 million square meters (9.4 million sq. ft.) It is close to the new [...] Continue Reading »
The Indian real estate market witnessed a drop in the investment in 2013. As per the report titled Investment Market beat 2013 by property advisory Cushman and Wakefield, investment in Indian real estate market decreased by 65 percent in 2013. The report also concluded the investment in the hotel industry have decreased the most by [...] Continue Reading »
According to the report, the Indian construction and real estate sector continues to be a favored destination for global investors and businesses. As per the tax and advisory firm, Grant Thornton, the large numbers of people are shifting towards the cities and the interest shown by the buyers to invest in the real estate market will [...] Continue Reading »
Air India is unable to realise the objective of monetizing its assets due to depressed rates in real estate market. The company had three year plan to earn Rs 1,200 crore in FY14, Rs 2,000 crore in FY15 and Rs 1,800 crore in FY16 through this route. This money was to be used to retire [...] Continue Reading »
According to a report released by Knight Frank India and the Federation of Indian Chambers of Commerce & Industry, the real estate market has deteriorated compared to the last six months. The quarterly report captures the suppliers’ perspective of real estate market conditions, titled the ‘Real estate sentiment index’. It explains the current sentiment as [...] Continue Reading »
