Residential properties
IT and ITES sector is growing in the eastern part of Pune. This growth is helping to raise the demand for residential apartments in Pune along with the commercial properties for retail and hospitality are growing. The main area which is witnessing a sharp rise is Nagar Road. There are other areas, such as Kharadi, [...] Continue Reading »
The decrease value of rupee has positively influenced the demand from NRIs for residential properties in various cities across India, especially in Mumbai. Exporters and the NRIs are two categories which stand to gain from the weak currency, as they will receive more rupee funds on conversion. Because of the rupee’s downward trend, real estate [...] Continue Reading »
According to a global real estate consultancy firm, the sales of residential properties have increased in the first quarter of 2012 in NCR region of Delhi. According to the report, Delhi’s residential market might see some appreciation in capital value. Once the projects get approval from the National Capital Region Planning Board (NCRPB), projects in [...] Continue Reading »
As the state government of Maharashtra has proposed a hike in the stamp duty of the property transaction, the buyers of the residential and non-residential properties in Mumbai will have to pay a five per cent stamp duty on the market value of the property. Earlier, the stamp duty in Mumbai was charged at Rs [...] Continue Reading »
The Tiruchi–Chennai National Highway has stimulated the construction of residential properties in Tiruchi. It is also noticed that a good number of residential colonies have come up in the recent years. As the construction work is happening quite rapidly, the civic body is unable to provide basic civic amenities for the apartments in Tiruchi, particularly [...] Continue Reading »
The pressure of inflation, higher rate of interest and economic slowdown has led to the downward trend in demands of real estate properties in Ahmedabad. As a outcome of the sluggish demand, the builders across the city are struggling to manage the liquidity crunch. It is observed in the realty market in Ahmedabad, that the [...] Continue Reading »
The market is expecting a price correction for the larger township projects in Mumbai, as large inventory involvement in those projects may exert a downward pressure on prices. However, in a recent report by a real estate consulting firm, it is reported that the cost of residential property in Mumbai will start rising in coming [...] Continue Reading »
The Indirapuram locality also known as New Ghaziabad is one of the realty hot spot in India. The real estate builders and developers are catering the needs of property buyers based on the current trend. Therefore, Indirapuram is drawing major residential property sales. The facilities looked for in an individual house or an apartment in [...] Continue Reading »
The demand for property has been robust in Chennai in terms of commercial and residential properties. The demand for apartments in Chennai are increasing as the cost of properties are in budget range of Rs 20 lakh to Rs 40 lakh. The builders association has pointed out that there is a shortage of 24,000 homes [...] Continue Reading »
When the large scale builders and developers are successfully entering in tier II and tier III cities, the local builders are struggling to maintain proper business strategies with more transparency in projects. As the second level cities have become more cosmopolitan in nature, the local builders are trying to increase their market position in those [...] Continue Reading »
