real estate price
Residex, an index released every quarter by the National Housing Bank (NHB) with technical support from RBI, indicates that real estate prices have shown an increase in 16 out of 26 cities. The index is the most authoritative residential housing price index. The indication is that the prices may be finally bottoming out. Delhi and [...] Continue Reading »
It was in Thane Municipal Corporation’s (TMC) court to decide whether to go in for a monorail, a Light Rail Transit (LRT) or a metro service. It was found that Light Rail Transit was financially feasible. But the TMC gave approval for tram service with out discussing or taking views from other parties for which [...] Continue Reading »
Mangalore has witnessed slump in the residential property sales in the recent past. June-July month has seen a grave dip in the bookings. The slump seems due to reluctance of non-resident Indians to invest in property in Mangalore, , to invest in the properties here. Usually the NRIs account for 55-60 per cent of the [...] Continue Reading »
In a report by a global property consultancy firm it is came to know that Hyderabad, Chennai and Pune are among the top five cities in the world with the lowest office occupancy cost. Total occupancy cost includes real estate price, infrastructure and efficiency of buildings. Costs have come down in these three cities because [...] Continue Reading »
