Mumbai realty burdened by premium than input cost
In Mumbai premium paid by developers is higher than construction…
Search Results: Housing demand (954)
CBRE declares Union Budget 2016-17 high on expectations
As the Union Budget 2016-17 draws closer, India’s real estate…
Enthusiasm low with 20 aspirants of smart city case study
The level of enthusiasm has gone down with smart city…
Abode of luxe & healthy living
Across India, astonishing real estate properties and ultra-luxurious amenities are…
Tax rebates for individual taxpayers could revive the residential property market
Anshuman Magazine, CMD of CBRE South Asia writes how tax…
Resilient Chennai rising to chart a new growth trajectory: JLL
JLL report finds Chennai market rising to new high. Chennai’s…
Realty budget wish list cuts no ice with homebuyers
“I am reading these newspaper reports about the real estate sector demanding so many things with the Union Budget. Most of these demands are for their financial health than understanding the market from common homebuyers’ perspective like us. Do we matter at all in this eco system where neither the government nor the developers understand what keeps us away from the property market,” says Shweta Sanyal, an advertising professional in Mumbai.
Paras Quartier-super luxury experience
Surrounded by luxury projects around, this project has been conceptualised as super-luxury experience for the discerning homebuyers that aims to cater to High Networth Individuals (HNIs). Surrounded by a lush green expanse, Paras Quartier aims to truly reflect the ultimate luxury feel in 3 dimensional spiral structure. Highlighted by its 3 Dimensional super tall Iconic Tower and the other two grand condominium towers, Paras Quartier, spread over 10 acres of land, has been visualised as a spiral tower that offers open wide spaces and ample green area.
Significant investor interest and likely policy reforms spell positive in 2016: CBRE Report
The report “India’s Real Estate Market Outloo 2016” is part of CBRE’s Asia Pacific Markets Outlook Report series. CBRE forecasts that Asia Pacific’s steady economic growth will continue to outpace the rest of the world in 2016.
Delhi-NCR home to artificial price appreciation
Pritam Yadav bought an apartment in Noida at Rs 3,000 per sq ft in an upcoming location three years back. The developer had then promised that the price will appreciate to no less than Rs 4,500 per sq feet within 18-24 months. It actually appreciated to Rs. 5000 within couple of years. However, circumstantial exit effort made him realise that the appreciation was only a castle in the air.
This doctor could not find any buyer at the appreciated price point. Forget Rs. 5000 sq feet price that the developer was advertising, he could not get any taker in the secondary market for even Rs. 4000 per sq feet. Even the developer refused to buy back at Rs. 1000 per sq feet lesser than what he h