While the land acquired by the Uttar Pradesh Government along the Expressway has snowballed into a political slug fest, the National Highways Authority of India (NHAI) still believes that is the way to go.
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.
As a part of their expansion drive in Asia, Zurich-based upscale hotel chain Mövenpick Hotels & Resorts has forayed into India by setting up its first property in Bangalore and also plans to open 12 additional properties over the next 5 years.
Both the economy and the residential property sector are currently in a state of uncertainty. This has resulted in a rather prolonged period of vacillation and hesitancy among home buyers in India.
A study by international property consultants Knight Frank finds real estate prices in India have risen by 21.3 per cent over the past one year, making it the country with the second highest rise in real estate prices globally.
Villas are a unique product because unlike in apartments, the buyer gets to own the piece land on which the villa is built.
Eiffel Group has announced to enter into an agreement with India Realty Excellence Fund (IREF) to develop one of its largest plotted development project at Karjat.
A large number of people in Pune have been showing keen interest in booking their properties through an online mode.
The India Apartment Index rose 3% during April-June 2011 quarter compared to the previous quarter, the “PropIndex, the India Apartment Index”, launched by Magicbricks.com, rated as India’s No. 1 property portal showed.
Azure Capital Advisors has invested Rs.50 Cr in three residential real estate projects in Bangalore through its India Realty Fund One.