An overcautious year ahead for real estate sector-II
The office market is likely to observe steady demand, especially in prime locations in leading cities like NCR, Mumbai and Bengaluru.
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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.
Bangalore emerges as safest property market
During the year 2011 when almost all other matured property market witnessed dip in transaction and price correction was on everyone’s lip, Bangalore registered both healthy transaction as well as upward price movement.
The basics of real-time real estate marketing
In the environment of cut-throat competition which exists in the Indian real estate market today, developers without a forward-looking marketing plan for their projects often lose out.
Global housing market downturn gathering pace
The world’s housing downturn is gathering momentum, according to the latest world-wide survey of house price indices prepared by the Global Property Guide.
Mumbai costliest property market with least property transactions
Mumbai continues to be the costliest property market in India but the sales graph show this value has started taking its toll on the volume. Property registration in India’s biggest real estate market continued its slide and in September recorded a 29-month low at 4,137, down 22 per cent year-on-year.
NRIs seek stability with Indian real estate investments
Recently an acquaintance – a fund manager by profession – relocated to India to set-up a domestic PE fund here. He had invested in a Mumbai residential property strategically located close to the primary business district and an international school for his kid.
Real estate implications of RBI’s latest measures
RBI’s latest notification says that stamp duty, registration and other charges should be excluded while calculating the value of a property. This is expected to have a short-term impact and is unlikely to turn out to be a show stopper.
Delhi property market scores on top-of-the-mind recall value
Vibrant cities for vibrant economy-II By: Track2Media Intellisearch Delhi-NCR has…
Godrej Properties to raise Rs 600 cr
Godrej Properties Limited, the real estate arm of the Godrej Group, is planning to raise Rs 500-600 crore through the institutional placement programme (IPP). The move is aimed at reducing its outstanding debt, which is around Rs 2,000 crore.