The only constant is change. This has been an axiomatic truth for the Indian real estate market over the last 24 months, with volatility having become a byword to describe it.
Non-banking finance companies (NBFCs) may soon be asked to raise the bar and adopt the tough asset classification criteria that banks currently use to identify bad and dodgy loans on their books.
The only constant is change. This has been an axiomatic…
The country’s competition regulator is planning to initiate an investigation next week to find whether the practices for which it fined DLF Rs.630 crore on Tuesday are the norm at other real estate companies too.
About two lakh houses are likely to be constructed in the National Capital Region in the next 2-3 years, notwithstanding the recent land acquisition crisis in Greater Noida.
The All India Kisan Mazdoor Sabha has demanded that the new law for Land Acquisition being proposed by the Union Rural Development minister should include a complete ban on forced eviction of farmers.
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
Demand for residential development will continue to remain unabated, but the requirement of real estate by retail industry over the next five years and even thereafter will provide a major thrust to the property market in India, said CB Richard Ellis’ global president Robert E Sulentic.
As Central Business Districts (CBD) begin to gradually lose their sheen against alternative locations because of their inability to offer Grade A buildings at competitive rates, retrofitting emerges as a preferred option (as compared with redevelopment) for quality improvement to increase the attractiveness and economic life of existing old buildings.