Residential projects
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
Surat- The city’s realty sector has witnessed slow and steady progress in the year 2012. Many residential projects were launched in the city. In the year 2012, the capital value of residential projects noted an average escalation of 10-12 percent across the city. This news was confirmed by National Housing Bank (NHB) when they realised the residex [...] Continue Reading »
Bangalore- Varthur located in East Bangalore, is becoming a hot residential real estate destination for buyers owing to its proximity to major IT hubs of the city. Proximity to ITPL, Whitefield, Outer Ring Road (ORR), Sarjapur Road and being in the vicinity of several IT companies have opened the area to residential development. The area [...] Continue Reading »
The Lodha group has launched a five star residential project, Lodha Belmondo which is spread over 108 acres. The project is opposite to the Subrata Roy Sahara Cricket Stadium, near Pune-Mumbai expressway. India’s leading real estate developer is building 1,900 units which comprises of 1/2/3 BHK apartments, 4BHK shy duplexes, golf villas and independent bungalows [...] Continue Reading »
According to Knight Frank report, there was a 4 percent year-on-year decline in the cumulative revenue of Rs 67.44 billion in India’s top 25real estate companies in the second quarter. As per the analysis done by the property consultant, there was an improvement in the sale on the residential sector. While the revenue of the top [...] Continue Reading »
Mumbai- Real estate developers who were not able to rent out malls or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand retail. According to Jones Lang LaSalle, a real estate consultancy, India has recorded a dropdown in the supply of rental [...] Continue Reading »
Chennai- Increasing number of luxury residential projects in the city have paved way for global interior designers to enter the city. The opening of single and multi brand Foreign Development Investment (FDI) in retail market, foreign brands have been supplied with a huge potential market. There are a wide range of luxury properties in Chennai, [...] Continue Reading »
The real estate market has been stable Pune, however, real estate factors like infrastructure development, employment opportunities and and areas like Hinjewadi, Tathawade, Ravet and Wakad have made Pune popular in the real estate market. These areas in Pune have been listed among the 13 top destinations in the country over the next five years [...] Continue Reading »
Ahmedabad – The largest city of Gujarat which has emerged as a residential hub from trading place, is now truly an example of continuous growth in the the year 2012. As a property consultant, Prakash Jain observes the growth is mainly due to the developing retail and industrial sectors in the city. There is an [...] Continue Reading »
The Reserve Bank of India (RBI) has denied the request of banks to allow them to restructure real estate loans without providing for likely losses if the loans go bad. A loan is said to be restructured when the original terms of the agreement (interest rates, tenure) are diluted in order to support troubled borrowers [...] Continue Reading »
