Realtors unhappy with RBI’s move to keep policy rate unchanged
Real estate developers today expressed disappointment over the RBI’s decision to keep key policy rates unchanged and sought a cut in interest rate to boost housing demand.
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Ahmedabad on road to fastest and most forward realty market
Ahmedabad stands out as a city that weathered the market slowdown most smartly and the property market of the city was the first in the country that showed signs of recovery by June 2009 itself. Since then realty in Ahmedabad is back and booming, with nearly 35% appreciation.
Chennai realty recovered faster than any other market after slowdown
During the economic downturn of 2008, while the other neighbouring and glamorous property market of Bangalore and Hyderabad fell by 24-29 per cent, the Chennai market fell only 8.3 per cent. Limited supply of land and pent-up demand is how NHB’s Residex defines Chennai property market.
The impact of IT / ITeS on real estate in Bangalore
The Information Technology sector has a special significance for India, because India’s competence in this sector has made it a net exporter of IT services. It was the fastest growing sector of the nineties and continues to fast-track careers, spending power, local economies and real estate growth even today.
Delhi property market scores on top-of-the-mind recall value
Vibrant cities for vibrant economy-II By: Track2Media Intellisearch Delhi-NCR has…
Home buyers expect EMI burden to ease after CRR cut by RBI
When the Reserve bank of India was announcing the CRR rate cut by 50 base points, the house wife Sugnadha Dubey, glued to TV news channels, couldn’t resist the temptation to call up her husband to know whether the EMI burden on this middle class home owner is going to ease out from next month. With no background of the world of financial jargon, her husband could only assure her with a wishful thinking.
Real estate welcomes CRR cut by RBI
The real estate sector has welcomed the CRR rate cut by the RBI and said it will help revive demand in the housing segment.
Govt dicusses regulation of real estate with stakeholders
Issues concerning the regulation and development of real estate were discussed on Wednesday, Jan 11, by the government with various stakeholders.
Lessons learnt and road ahead in 2012-II
In view of the adverse publicity and shaken customer confidence arising out of significant delays in delivery of projects across the states, there is a strong acceptance of this matter by top management of the developers and investors alike.
India Real Estate: Snapshot 2011
Market forces of demand and supply are the most potent determinants of price and the developments in the real estate industry during year 2011 is the latest example.