residential real estate in india
The recently concluded national elections marked the rise of BJP as the single largest coalition party. Narendra Modi will soon be sworn in as the 15th prime minister of India. With this major political development, Cushman and Wakefield expects major politico-economic conditions of India, with a significant impact on real estate. Executive Managing Director of [...] Continue Reading »
High prices of properties is the major concern for home buyers across India. Though unsold properties are piling up, developers are reluctant to reduce rates. As per the data from the NHB (National Housing Bank) Residex index which tracks price movements in the residential segment in 20 cities across India, the rise in property rates [...] Continue Reading »
The year 2012 was tough for the Indian real estate sector because of the economic condition and higher construction costs. But 2013 is expected to see an improvement in economic climate and the real estate sector. Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India, a real estate consultancy, said that the Indian real [...] Continue Reading »
Pune- The luxury segment of Pune city’s the real estate market has shown signs of recovery. According to experts, there is a rise in demand for luxury projects all over India. In 2012, more than 50 percent luxury projects were launched in Bangalore. In the last couple of years, there was a drop down in [...] Continue Reading »
The real estate market in India is expected to pick up in the second half of 2013 as the country’s economic front witnessed some improvement. The developers are planning to give some pre-launch benefits to attract home buyers and at the same time, they are also planning to cut short on amenities and facilities of [...] Continue Reading »
The residential property sales have become strong with developers launching new projects at lower rates and offering incentives. According to Liases Foras Real Estate Rating and Research, housing sales in top six cities have witnessed a growth of around 30% year on year in three months. While in Mumbai, the sales volume of the most [...] Continue Reading »
