Residential property
Poor real estate sales in the residential sector have made significant impact on home loan disbursements, revenues and balance sheets of banks etc. Most buyers reluctant of making immediate purchases are now being lured into the market by being offered lucrative financing schemes by Banks. The residential property sector of the real estate market suffered [...] Continue Reading »
Realty fund and asset management firm, Capitedge India Investment Advisory which had is planning to launch a residential property based fund in India. Capitedge India, the Company: The independent advisory firm, Capitedge India was set up by 6 members of the American Banking Giant Wells Fargo, when the latter decided to shut its operations in [...] Continue Reading »
REITs are investment trusts that own and, in most cases, even operate income-producing real estate. The trusts operate like mutual funds and invest in income-generating real estate assets like commercial realty, residential property, warehouses, hospitals, hotels and shopping centres So, while mutual funds invest in equities or bonds, REITs invest in real estate and make [...] Continue Reading »
The residential property rentals market has been witnessing a lot of activity of late, along with an increase in demand. The spiked demand in the residential rental market has continued despite the uncertainty due to the recently-concluded elections which kept the buyers away from making investments in residential property. With buyers shunning the residential property [...] Continue Reading »
Passing relief to property owners in Lutyens’ Delhi, NDMC has revised land rates. The civic agency has decided to go with Delhi Development Authority’s land rates instead of the Delhi government’s circle rates, which it had adopted in 2008. This means there will be a massive drop in prices: what cost Rs 19.35 lakh per [...] Continue Reading »
A report by Knight Frank says that due to the economic slowdown, the interest rates are increased, because of which the demand of residential property decreased. In the 3rd quarter of 2013-14 the sales of residential property decreased by 43 per cent to 11.8 million sq ft from 21.9 million sq. ft. The annual increase [...] Continue Reading »
The auto components manufacturing conglomerate, Rane group, has appointed the international property consultants Jones Lang LaSalle (JLL) India as its advisor for the transactions. As per the press release the property on the 100 ft road is very well located for residential development. The built up residential space in the vicinity can fetch around Rs. [...] Continue Reading »
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »
Arekere in Bangalore has witnessed 75 percent of appreciation in capital values in the January-March 2013 quarter. The area offers property for all kinds of home buyers. The price of a 2 BHK apartment in this area is in the range of Rs 30 to 80 lakh. What is the reason for price appreciation in [...] Continue Reading »
Ahmedabad- If you are living in one the smaller cities of Gujarat, then be prepared to pay more property tax than cities like Ahmedabad or Surat. Now owning a home in larger urban centres of Gujarat will be cheaper than any property in smaller townships of Gujarat which is less populated and have comparatively less [...] Continue Reading »
