Realty market
The sharp rise in home loan interest rates and the inflationary pressures prevailed throughout the year 2011. Real estate experts say that they are surprised to witness good growth in the realty market. It is a fact that the realty sales in the first quarter of the year dropped down completely. However, in a slow [...] Continue Reading »
Renting houses is still a risky task in this heating up realty market. Even though the property prices have started declining, selling, buying or renting a property is a risky task indeed! Citizens say that renting out a home in Mumbai is a toughest task, as one can never dream of getting home to one’s [...] Continue Reading »
The ready reckoner (RR) which directs the realty land rates is now demanding a revision. However, with the slow pace recorded in the present realty market, the Maharashtra government has paused the revision work for time being. The proposal of 20 percent average hike in stamp and registration duties are being denied. To discuss the [...] Continue Reading »
An investor should always know what will be the right time to invest in the real estate market. Some of the investors who are totally unaware of the happenings in realty market have sat back leaving no stone unturned to find reliable scenarios. Midst interest rate hike and property price hike, it is definitely not [...] 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 »
Constant raise in interest rates has resulted in the investors to move out of the realty market. However, property buying has not stopped completely but it has moved on to the suburbs and peripheral areas in all the cities. According to real estate experts around 57 percent of the property buyers have already started investing [...] Continue Reading »
Hats off to real estate companies in India! Midst falling share prices and challenging business environment, real estate promoters still hold three percent of share in realty market. Shareholding has witnessed a continuous raise from 67.66 per cent to 70.16 per cent since march. This data was collected by entities like; Nitesh Estates, Peninsula Land, [...] Continue Reading »
Realtors in Kolkata will not hold any political party position. The jibe was made by Chief minister Mamata Banerjee in a special party session at Netaji Indoor Stadium recently. She said that Trinamool Congress does not support any developer or person associated with the realty market to join party. According to her such individuals generally [...] Continue Reading »
In Mumbai and Ahmadabad single women professionals in the city from now on wards need not face accommodation woes. The city-based property dealer Tulja estate has proposed the concept of a hotel that suits exclusively for working women and students. Women are now freed from messy hostel rooms and also the time restrictions which has been in [...] Continue Reading »
Figures collated by online portal Foreclosure India on auctions held by banks and Debts Recovery Tribunal (DRT) since January 2010 show that of 32 cities across India, Mumbai’s speculative realty market has the second highest number of foreclosed properties after Bangalore. DRT show a 23 per cent rise in cases of Mumbai properties, mostly residential, [...] Continue Reading »
