Real estate prices
The cement companies and realty developers in the Telangana-Andhra Pradesh region are at loggerheads over the sudden spiralling of prices of the building material in the last few weeks. The bitter truth which is about this is that both cement and realty prices had hit near rock bottom before Andhra Pradesh was bifurcated on June [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] 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 »
Supin Meechucheep, managing director of JLL (Thailand) suggests that investments in New York, Los Angeles, London, Tokyo, Shanghai and Beijing make perfect economic sense. He adds that property values in these big cities will continue to grow because of urbanisation. Supin favours investments in US in commercial assets, such as department stores, offices and hotels. [...] Continue Reading »
New Delhi: Even though real estate prices have increased rapidly in the leading cities, Reserve Bank of India (RBI) governor D Subbarao opines that there is no housing price bubble building up in India. After capturing prices in nine cities, RBI has recorded in its macro-economic and monetary development report released recently that there are [...] Continue Reading »
High prices of properties is the major concern for home buyers across India. Though unsold properties are piling up, developers are reluctant to reduce rates. As per the data from the NHB (National Housing Bank) Residex index which tracks price movements in the residential segment in 20 cities across India, the rise in property rates [...] 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 »
Baner area in Pune has seen the highest year-on-year price hike of 57 percent in the luxury segment of the real estate market in India, according to a report by Cushman and Wakefield. There was an average of 10 percent year-on-year price increase in mid-segment properties in India. Prices of the high end property segment [...] Continue Reading »
National Housing Bank (NHB) has expressed hopes that price correction in housing market is due soon. NHB, the regulator of housing finance companies, has predicted a decline in the real estate prices in the near future. NHB attributes the fall in prices to the large number of empty houses which is due to be sold. [...] Continue Reading »
Many localities within Navi Mumbai have become major residential locations over the past few years. Localities such as Vashi, Belapr, Nerul, Khargar etc have all been besought for residential purposes by buyers. Ulwe is the one such locality to witness a surge in residential demand. Infrastructural developments, enhanced connectivity and affordable residential rates are the [...] Continue Reading »
