Residential property
Hyderabad has set a come back after a major dip in realty sales. There seems to be a huge demand for residential as well as for commercial properties in areas like; Bowenpally, Ramoji Film City extension, East Hyderabad and A S Rao Nagar. Real estate experts say that the realty market in the city is [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) were contended with the response received from the shop owners and residential property owners to pay the property tax. MCG managed to collect Rs 50,000 as property tax within one day. MCG officials claim that this was successful only because of them reaching doorstep and the property owners had [...] Continue Reading »
Major headache! Yes, the developers and builders are worried as the sale of apartments and commercial spaces in the city swooped down from long time. Rising mortgage rates and real estate prices has raised loss of interest in prospective home buyers in Thane city. From past eleven months, property sale transactions has crumbled from 24,601 [...] Continue Reading »
Delhi residential and commercial property owners get ready to bear the burnt of sealing drive. Beware! Municipal Corporation of Delhi (MCD) recently carried the sealing action in South Extension part of Delhi in 23 flats and six properties. Next might be your turn. MCD claims to have sent prior notice to the illegal property owners, but [...] Continue Reading »
Property price fall has become a major headache for the developers and builders in India. According to the recent data collected by the Indian government, property prices in nine cities has dropped in the September quarter drastically. National Housing Bank’s residex proved interest rates peaking as the main reason for slow down in residential property prices [...] Continue Reading »
Mayor B. Kartika Reddy reported in concern with the property tax hike to media saying that, tax enhancement should not be done and the other officials also agreed to the same saying that the government has decided no to hike the property tax as the property buyers are already bearing the trauma of price hike [...] Continue Reading »
In Mumbai residential property rates have been increasing midst leaving the properties in the city vacant. With the increasing rates the property buyers have now turned ignorant face in concern with purchasing the property and this has lead the builders and developers in great worries. Also the fact is that the developers do not want [...] Continue Reading »
In Mumbai and Kolkata an apartment measuring 3,000 sqft in Powai, was sold for Rs 6.9 crore. In Mumbai real estate has an average capital value of Rs 23,000 per sqft and floating rates between Rs 23,000 and Rs 32,000 per sqft. However, the suburban locations of Mumbai have constant values from past two or three months.not [...] Continue Reading »
Prices of new residential property could fall 10-15% by Diwali. But leading builders say supply has to increase for prices to come down. The RBI’s rate tightening has resulted in developers not having funds to complete projects, and hence the supply will remain in check while demand is still intact. A 10% price correction is [...] Continue Reading »
Pune continues to figure among the most prime cities for residential investment in India. Though the growth of property values cannot be compared to that of neighbouring Mumbai, Pune has the advantages of being a stable market with a consistent demand coming from a number of strong and dependable business sectors. Of the total 1,74,981 [...] Continue Reading »
