Residential projects in India
After having raised its first fund of Rs 200 crore last year, the Segregated Funds Group (SFG) – the private-equity firm promoted by real estate consulting company JLL India – is apparently contemplating a Rs 100-crore investment, in residential projects, from the fund this year. SFG is chiefly focused on investments in small realty projects. Along with mulling a [...] Continue Reading »
Value & Budget Housing Corporation is now thinking of adopting a policy of developing properties of smaller heights that do not require ministry of environment’s nod. This strategy was finalised as they were facing various delays in the housing sector to get proper approvals. Currently, it takes around 12-18 months to get clearance from the [...] Continue Reading »
New Delhi- Owing to delay in initiating projects, prices of properties in India have shot up by 40 percent, reports Economic Survey 2013. Before the construction activity of a project has to be started, the builder of the project has to complete 34 procedures to get clearances which would take at least six months time [...] Continue Reading »
Real estate developers are more interested to launch luxury residential projects than building affordable housing due to the increased cost of construction. Real estate biggies like Oxame, Tata Housing, Supertech, DLF and Unitech had initially planned to come up with affordable housing to lure home buyers, but are now planning to make some changes in [...] Continue Reading »
New Delhi- After a prolonged wait of five-six years, nearly 5 lakh home buyers in India are expected to get possession of their new homes. According to an estimate of Property research firms Liases Foras and PropEquity as well as property consultancy CB Richard Ellis (CBRE), around 4.5-5 lakh homes will be ready to occupy [...] Continue Reading »
New Delhi- Real estate being beaten by decreasing demand owing to high interest rates and economic slowdown has demanded for infrastructure status for the housing sector in the Budget for 2013-14. If given the infrastructure status, the sector would gain of tax benefits and easier flow of funds. At least the affordable housing sector should [...] Continue Reading »
New Delhi- National Housing Bank (NHB) is planning to offer a special refinance scheme to mortgage lenders for loans to urban low-income housing groups to buy affordable houses. With this move, the housing finance regulator is likely to create a long-term market for fixed-rate housing loans and boost affordable housing. The new refinance scheme for [...] Continue Reading »
Bangalore- Real estate in India has witnessed more residential project launches in 2012 than in the last year despite slow sales and reduced growth in prices, reveals a new study. Real estate companies launched more residential units between January and September 2012, than in the same period last year, while still struggling with sales and [...] Continue Reading »
Over the last one year investment in Indian real estate is less in terms of amount and numbers. The scenario is directly correlated to the economic dynamics now working in the country. According to Private equity funds, only three cities Mumbai, Delhi and Bangalore have the potential to deliver, and they is why close to [...] Continue Reading »
The real estate sector of India is going through a tough phase. Sales of residential projects in India have declined in last one year. Along with it the government has been strict with regulations and granting clearances. The developers are also finding it difficult to get investments for their projects in India. The builders are [...] Continue Reading »
