Realty News
The sudden boom in real estate after the long time slump has given a hint of doubt among buyers and developers. However, they a reason to be happy because of the same. Brokers and real estate consultants have been working long hours calculating the fate of buying and selling hotel projects. Since there has been [...] Continue Reading »
A new round of worries are about to hover on Indian real estate sector! According to a report by Jones Lang LaSalle, private equity (PE) funds who had invested in Indian realty are going to make an exit by 2012. The total loss of investment would be around $3 billion to $5 billion. The main [...] Continue Reading »
Today Mumbai real estate industry is facing serious problems and this has been happening because of the improper governance in the real estate sector. Rs 800 crore worth real estate deal is bouncing in the hands of top city builders encouraging illegality in it’s construction and transactions. The state government itself agrees saying that the [...] Continue Reading »
Real estate experts have predicted that good times are approaching for Kolkata real estate sector. This year the city had experienced many ups and downs due to hike in property price, low demand in residential market, etc. According to Jones Lang La Salle India, buyers will think twice before investing in residential apartments. It has [...] Continue Reading »
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
Real estate India is already floating, trying to reach the zenith midst high property rates and interest rates. One more add on problem the real estate is facing today is shortage of unskilled labourers. There is a dire need of qualified professionals like building planners, civil engineers and architects. The shortage of these labourers have [...] Continue Reading »
The Indian Real Estate Transparency Index 2011 reveals Tamil Nadu as a second transparent state in maintaining real estate transactions. According to Jones Lang LaSalle report ranking was based on the factors of progressive business environment, market information, reforms in urban local bodies and also protection of property rights. This has proved a good work [...] Continue Reading »
Many buyers and investors favour Pune compared to other major cities in case of real estate sector. The main reason is due to hike in property prices, rigid government procedure and less demand in other cities. According to a report presented by Liases and Foras, a real estate research firm, there has been a negative [...] Continue Reading »
This news might be quiet surprising but it is true. Maharashtra has bagged the third prize with respect to showing transparency in real estate deals. First rank went to Andhra Pradesh followed by Tamil Nadu. This report was decided according to Indian Real Estate Transparency Index 2011 and presented by group effort of Jones Lang [...] Continue Reading »
The CBI is waiting eagerly for Orissa High Court‘s nod to probe into the alleged land scam in Cuttack. It has been traced that government land mafia is rapidly increasing in Cuttack. To bring in more justice and transparency in the real estate transactions, a division bench of Justices has demanded clear property documents related [...] Continue Reading »
