The Mumbai real estate market has undergone several changes over time. Earlier, buyers were satisfied simply with the four walls of a home. Gradually, as aspirations rose, developers started providing various external and internal amenities, adding to the 'luxury' factor in property buying. ... more
Tag:
Property in mumbai, mumbai real estate, mumbai apartments
While 2011 has been a year of many flaws for the realty sector, Supriya Ghorpade spoke to Aditya Verma, EVP & COO, Makaan.com, on whether 2012 will continue to see delayed completion of projects, and how it will affect home buyers. ... more
Tag:
Real estate india, property in india, indian properties
The Confederation on Real Estate Developers Association of India (CREDAI), Karnataka, along with the national body CREDAI-India has embarked upon 'Mission Transparency' with an aim to bring clarity and speed in the system. ... more
There has been a surge in absorption of commercial space by eight per cent over the previous year at 35.5 million sq. ft. during last year across the country, according to global real estate consultants Cushman and Wakefield. ... more
Tag:
Real estates in bangalore, Bangalore property
A majority of the home buyers are in need of home loans while investing in residential property. There are others who wish to invest utilising their own funds but the risks associated with certain categories of properties pose formidable challenges even today. ... more
Tag:
Real estate in india, property in india, indian properties
People who have bought flats built on private forest land in Mumbai have been asked to pay more money if they want their homes to be regularized. The balance amount is 50% above the earlier rate of Rs 6 per square foot. The increased amount is owing to the reclassification of the land on which these housing societies stand from barren to dense forest. ... more
Tag:
Real estate in mumbai, apartments in mumbai, mumbai flats
The rupee was quoting at 44.8001 against the US dollar seven months ago, and has depreciated 18.28% since then. A falling rupee is not the best news for us, but it definitely is for exporters and NRI investors who will receive more rupee funds on ... more
Tag:
Indian properties, real estate in india, India property
If you are searching for a good real estate consultant to sell, buy, lease or rent a property in any area of the city or outside, your search ends here. The directory of Ahmedabad Realtors' Association (ARA) will provide not only contact details of consultants but also certain legal aspects related to property deals. ... more
As many as 20 residential projects will come up in Pune and Pimpri- Chinchwad areas developed on Green Buildings Concept under GRIHA (Green Rating for Integrated Habitat Assessment), said Dr. R.K. Pachauri, director-general, The Energy and Resources Institute (TERI). ... more
Tag:
Pume property, apartments in pune, pune flats
Prime office space supply dropped 40 per cent in 2011, compared to 2010, according to a report by CB Richard Ellis, a leading real estate consulting firm. An accumulation of vacant stock, weak global economic cues, coupled with delays in ... more
Source: Times Property in The Times of India, Bangalore Nov 25, 2011
Finance is a critical factor in the purchase of property. It has become even more critical now with the high interest rates prevailing and the outlook uncertain for the equity markets. ... more
Source: Times Property in The Times of India, Pune Nov 25, 2011
Multi-cuisine restaurants, spas, tattoo parlours and lounge bars … the Pune of today is very different place, a city with a buzz that appeals to all age groups. ... more
Source: The Economic Times, New Delhi Nov 25, 2011
The government's decision to allow 51% foreign direct investment in multi-brand retail and increase FDI limit in single-brand retail to 100% comes as a whiff of fresh air for the real estate sector, which has been battling slow sales and rising debt for almost two years now. ... more
Source: The Times of India, Ahmedabad Nov 24, 2011
A slowdown in demand for residential properties and skyrocketing bank interest rates have yet again played truant on Ahmedabad’s real estate market. The latest quarterly Residex figures - residential price index by the RBI - point towards an overall dip of four per cent in real estate prices for the quarter of July-September when compared to April-June quarter. ... more
IT bellwether Infosys finally took possession of its 50-acre plot in Rajarhat on Friday. The Housing Infrastructure Development Corporation (Hidco) handed over the possession papers to the company with the plot map for drawing up building plans. ... more
Tag:
commercial real estate, kolkata real estate, rajarhat
Source: Times Property in The Times of India, Chennai Nov 21, 2011
If you thought that the silver years meant hanging up your boots and queuing up for the geriatrics ward, think again. Retirement has now become a time to socialise, bond, spend quality time with your spouse and in the company of like-minded friends. ... more
Tag:
chennai real estate, covai property centre, retirement homes
A high-level meeting headed by chief minister Prithviraj Chavan gave the go-ahead for four per cent construction in the proposed bio-diversity parks (BDPs) around the city. Interestingly, the deputy chief minister had recently declared his opposition to any construction in the green zones, a stance he adopted after all along being in favour of construction. ... more
Big mall openings may pause with new projects drying up in the next one year after cash-strapped real estate developers rolled back investments into glitzy shopping complexes, leaving some retailers worried about their expansion plans. ... more
Source: The Times of India, New Delhi Nov 15, 2011
It's not only the industry, even the state governments are opposing the proposed land acquisition bill, which if implemented, will push up the cost of projects manifold. The chief ministers have scheduled a meeting to discuss the bill and forward their suggestions to the central government. ... more
The civic body's dreaded revision of the already high property tax hangs like the Sword of Damocles over every homeowner's head. But there's a sliver of good news for Mumbaikars: With an eye on the civic elections, the Brihanmumbai Municipal Corporation (BMC) has revised the levy at which property tax is computed. ... more
