Though a depreciating rupee has its fall out on all other economic activity, it is rather helping the Indian property market.
Investment in real estate sector in Punjab may slow down due to Assembly elections in the early part of next year, a senior official of DLF India said in Chandigarh.
Real estate agents, gems and precious metals traders will soon come under the ambit of country’s anti-money laundering law.
While the rest of the world continues to recover from decreased tourism, international hotel chains are bullish to the Asia Pacific region where the travel market is on the rise and struggling to keep up with the demand.
Asia Pacific office markets may be resilient but definitely not immune to the euro crisis, says the latest report of DTZ.
Battling huge vacancies, piling inventories and lacklustre rentals, the Indian real estate is looking forward to retail FDI as a savior, expecting a windfall following the entry of global giants looking for more retail space for expansion.
About 49 per cent of non-resident Indians, or NRIs, are looking to buy property in India purely for investment purposes, according to a study.
Growing eurozone crisis is all set to affect the Indian real estate. It may sound like drawing a parallel between Indian office space prices and what’s happening in North America and Europe.
Seeking to address the concern of real estate developers over delay in getting approval of the projects, government today announced the setting up of an expert committee to suggest measures for a speedy clearance system.
While the real estate industry bodies, both CREDAI and NAREDCO, have approached the CCI alleging cement cartels hoarding to inflate prices, a CRISIL report says India’s cement demand has grown at a slow pace of 3% during April-October 2011.