Real-estate market
Hyderabad – After a half year spent in Telangana issue, now Hyderabad real estate market has shown some stability with healthy demand of IT space and affordable housing. It is expected that the year 2013 will bring growth of city in terms of projects, prices and land. Hyderabad real estate market faced many ups and downs [...] Continue Reading »
Home registrations have dropped by 23 percent in Jan-Nov 2011 as compared to 2010. But in the first 11 months in 2012 the home registrations remained more or less in the same level as in the corresponding period in 2011. According to the director-general of registrations, this year the city saw 52,009 property registrations up [...] Continue Reading »
Are you planning to invest in a property? If yes then Moshi is the correct place for investment purpose. Moshi, which is located in the heart of Pimpri-Chinchwad Municipal Corporation (PCMC) area offers affordable housing. The current price of properties in Moshi ranges between Rs 3,200 to Rs 4,500 per sq ft. Whereas, in Pimpri [...] Continue Reading »
A real estate developers’ body requested the Maharastra Government to reduce the ready reckoner rates that form the basis for stamp duty as the stamp duty is expected to rise from January. The government should revise the stamp duty rates effective from January 01, 2013. Paras Gundecha, president of Maharashtra Chamber of Housing Industry and [...] Continue Reading »
The real estate developer Lodha Group goes for smaller and affordable flats due to the slow sales in Mumbai. Due to the sluggish demand, Lodha Group is planning to sell its upcoming premium residential project on a first-come-first-serve basis in Worli, Mumbai. The project is centrally located and well connected. Lodha group will start distributing [...] Continue Reading »
According to the property consultant, along with the land price, house prices will also increase if the land acquisition bill is passed by the government. Confederation of Real Estate Developers’ Associations of India (CREDAI) National President Lalit Kumar Jain commented that this will not be a good step towards the economic growth and it will [...] Continue Reading »
2012 was not so good for real estate market as high construction cost and falling sales affected the market sentiment negetively. However, this year was positive for home buyers who were waiting to buy or invest in real estate sector unlike the previous two years where most of the cities witnessed a steep price rise. [...] Continue Reading »
A report by PricewaterhouseCoopers and Urban Land Institute stated that cities like Mumbai, Bangalore and Delhi have seen less desire by international bodies in real estate sector for investment purpose. In 2012, Mumbai, Bangalore and Delhi were in 10th, 15th and 12th rank in the report Emerging Trends in Real Estate Asia Pacific which has [...] Continue Reading »
Pune- The Pune real estate market is attracting good number of investors and buyers. The developers are also showcasing new projects in various destinations. The project inculdes both premium and affordable housing. Talegoan is located on the Bangalore-Mumbai expressway, hence it is not only attracting buyers from Pune but also from Mumbai and Bangalore. The [...] Continue Reading »
In terms of real estate, 2012 was a dull year because of poor industrial production and high interest rates, according to Jones lang LaSalle. In 2012, 1,60, 622 residential units launched and at the same period in 2011, 1,54,701 units were launched. The year-on-year rise in average residential capital value in 2012 was in the [...] Continue Reading »
