A quick take on the Thane residential property market
For working-class home buyers in Mumbai, there aren’t too many…
For working-class home buyers in Mumbai, there aren’t too many…
The Indian Property Show opened at Dubai World Trade Center, Hall No.4.
The stretch called New Gurgaon is the closest in terms of proximity to Dwarka and West Delhi once the Dwarka Expressway is operational.
While everybody, including the Finance Minister seems to be focussing on the affordable housing, the definition of the real estate at the bottom of the pyramid seems to be changing.
Indian arm of a leading Bangkok based developer is looking to invest some $300 million in the country’s real estate market, particularly in the major cities of Delhi, Mumbai and Bangalore.
India’s real estate stocks have attractive valuations after plunging 83% from their peak and are likely to rebound within two years, according to Macquarie Group.
After a one-year period starting 3Q 2009, which saw a strong recovery with a record 40%+ increase in prices, the Mumbai residential real estate market has been seeing a slowdown over the last two quarters across various micro markets.
Real Estate and Finance Minister seem to be at logger heads over the wants and needs of the sector. Interestingly when one proposes and the other disposes, both of them justify their stand in the name of “Aaam Aadmi”, the common man who is the consumer and the end-user. But in this cacophony of confusion the “Aaam Aadmi” is often found wondering as to who will ask for his wish list with Union Budget.
While there are reports of price correction in Mumbai realty, R Karthik, Chief Marketing Officer of Mumbai based realty firm Lodha Developers believes there will be a positive trend in the year 2011 and the demand will be led by the real buyers.
Pune is virtually unrecognizable from the sleepy, laid-back city it was a few decades ago. There were no signs of any significant real estate action in the erstwhile Punyanagari before that. Today, however, Pune numbers in the Top Seven property hotspots within the country.