Realty experts
With a new generation of moneyed professionals in the BPO and IT sectors apparently looking for upscale residential complexes in Gurgaon, the developing sectors of New Gurgaon and National Highway 8 (NH-8) have become prime locations for most developers. Given the ever-increasing purchasing power of the new generation of wealthy professionals, the residential properties in [...] Continue Reading »
Realty sector experts are expecting the new Narendra Modi-led Government to make a slew of changes to the stagnating legislations pertaining to the real estate industry, and pave the way for a “new India.” Experts who are pushing for modifications of legislations – as well as improved transfer pricing regulations to attract investors – include [...] Continue Reading »
As per realty experts, for property developers as well as other allied services providers senior citizen are emerging as a new customer segment for creating a proper assisted living environment for them. According to a report by property consultant Jones Lang LaSalle, senior citizens are now being looked at as a potential real estate market [...] Continue Reading »
Mumbai- With the rentals crashing down in BKC and Parel, it is the best time to set up offices in the region. The office rentals in these business districts have dipped drastically despite being known for high priced units. The Bandra Kurla Complex has newer buildings coming up which were earlier known to be priced at Rs. 320 per sq [...] Continue Reading »
New Delhi- With the start of the New Year 2013, there have been various changes in the realty sector. Two crucial bills, i.e. the Real Estate Regulation Bill and Land Acquisition Bill were be passed in the year 2013. This will further encourage the stakeholder’s sentiments in the next few quarters. This year will also initiate [...] Continue Reading »
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »
In order to attract potential buyers, several builders and developers of prime cities have come up with a new marketing strategy by offering warranties on the flats based on various appliances in the flat. Electrical appliances get 1-3 years warranty, paint gets 5-7 years, waterproofing of flats get up to 10 years warranty period. A [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »
Realty experts say that Mumbai should focus on sustainable development. According to sources, the sustainable rate in the country is hardly 2.8% when compared to the global standards of about 25%. Since the real estate plays a major role in the development of economy, it is important that sustainable development be adopted on a faster [...] Continue Reading »
