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Indian Real Estate News
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Real estate developers using canny branding to lure address-conscious buyers |
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Source: ET Bureau Jan 16, 2013 |
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If dress and address matter to you, real estate developers may not be able to do much about the former but they can sure give you an address that may make even the boondocks appear like New York's Fifth Avenue - at least on paper. ... more |
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Tag:
india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai |
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Steps tenants should take to avoid being charged arbitrarily by housing society |
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Source: ET Bureau Jan 14, 2013 |
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When Karan Singh leased an apartment in a plush housing society in Mumbai a year-and-a-half ago, little did he realise that he would have to face problems. When he moved in, he was asked to pay a monthly fee of Rs 1,000 and Rs 1,500 for two parking spaces for his cars. After three months, the rates were hiked to Rs 1,500 and Rs 2,000. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Mumbai, Delhi NCR and 6 other cities to remain favoured real estate investment destination in 2013 |
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Source: ET Bureau Jan 11, 2013 |
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'I want to buy a property this year' is likely to be one of the key resolutions of many Indians in 2013. And, not necessarily for living in that house, but also for investment purposes. After all, property, along with gold and fixed deposits, continues to maintain its stronghold over the average Indian investor's psyche. For many investors, the allure of real estate has not dimmed, despite the slump the sector witnessed in 2012. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Central nod for ownership rights in 45 resettlements |
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Source: PTI Jan 10, 2013 |
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In good news for lakhs of Delhi residents, the Centre has ratified the city government's decision to grant ownership rights to people living in 45 resettlement colonies developed since 1950. ... more |
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india real estate, delhi properties, india properties |
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Housing sales fall by 16% in 2012; new launches drop by 30% |
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Source: PTI Jan 08, 2013 |
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Housing sales have declined by 16 per cent to nearly 2.10 lakh units during 2012 in the top six cities as high property prices and costlier home loan affected demand, property consultant Knight Frank said in a report. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Mumbai-based Lodha Group to sell Lower Parel project through IPO model |
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Source: ET Bureau Jan 07, 2013 |
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An initial public offer for buying residential apartments? Yes, you've read it right. The Mumbai-based Lodha Group is using an innovative IPO allotment-like automated algorithm system to sell apartments at its latest 17.5 acre premium project at Lower Parel in central Mumbai. ... more |
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india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai, Lodha Group |
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HDFC Bank likely to buy office space in Lower Parel for Rs 220 crore |
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Source: ET Bureau Jan 04, 2013 |
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In one of the largest outright office space deals, HDFC Bank is close to buying nearly 1.3 lakh sq ft of commercial space spread over four floors in Peninsula Business Park at Lower Parel in central Mumbai, according to persons who are involved with the transaction. ... more |
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india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai, HDFC Bank |
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Sahara moves Supreme Court for stay on direction to pay |
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Source: TNN Jan 03, 2013 |
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Two Sahara companies on Wednesday moved the Supreme Court seeking stay on the direction to pay up around Rs 19,000 crore to Sebi, saying the Rs 5,120 crore they had deposited with the market regulator was in excess of the amount needed to secure the investors. ... more |
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sahara group, indian realty trends, indian real estate |
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Buying a house: How to bag a good property deal in 2013 |
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Source: ET Bureau Dec 31, 2012 |
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The passing year witnessed insipid growth in the residential property market, with buyers turning cautious and hoping for a price correction and lower home loan interest rates. The developers managed to hold on to the ticket prices of their projects, but were forced to offer discounts to generate sales. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Office space absorption drops 23% in 8 cities: Cushman and Wakefield |
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Source: PTI Dec 28, 2012 |
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Office space absorption dipped by 23% during 2012 in major cities to 29 m sq ft as corporates remained cautious of expanding businesses amid global uncertainties and slowdown in the Indian economy, property consultant Cushman and Wakefield has said. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india, office spaces in India |
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Bayer set to sell off Powai HQ for over Rs 90 crore |
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Source: TNN Dec 27, 2012 |
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German agrochemical major Bayer Group is in advance talks with Hiranandani Group to sell its current headquarters, Bayer House, in Hiranandani Gardens, Powai. ... more |
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india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai, Bayer Group, Powai |
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Real estate trusts may get govt nod to invest in rental property |
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Source: ET Bureau Dec 25, 2012 |
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The government is working on a proposal to allow real estate investment trusts (REITs) to participate in the country's rental housing market.
Housing and urban poverty alleviation minister Ajay Maken told ET that his ministry is framing a policy paper on REITs and it will be take up with the finance ministry soon. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Real estate sector: Hopes build up, but no one's betting on a rebound |
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Source: ET Bureau Dec 24, 2012 |
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It has been a tough year for the Indian real estate sector, with developers' expectation of a sales revival and consumers wish for price correction both turning out to be pipe dreams. Although developers and consultants are hoping for an improvement in 2013, nobody is ready to bet on any sharp uptick. However, the coming year is likely to see some non-traditional markets emerge as investment destinations. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Realty set for growth in 2013 |
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Source: TNN Dec 22, 2012 |
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The year-end is around the corner. It has been a year of high inflation that led to a tight monetary policy . Despite the demand for some easing in the monetary policy, the Reserve Bank of India (RBI) could not bring down the key policy rates, given the upward pressures on inflation . ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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Kanakia to invest funds from Cinemax stake sale in realty subsidiary |
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Source: ET Bureau Dec 20, 2012 |
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Kanakia Group, which recently sold its entire stake in multiplex chain Cinemax IndiaBSE 1.19 % for nearly Rs 400 crore, plans to infuse the funds into its realty arm Kanakia Spaces ... more |
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Tag:
india real estate, real estate markets, indian real estate, realty trends, real estate in Mumbai |
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New Delhi moves up from 9th to 5th position in the list of world's most expensive office markets |
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Source: ET Bureau Dec 19, 2012 |
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India continued to feature in the list of World's most expensive office markets, with New Delhi (Connaught Place - CBD) moving up from 9th position to 5th position (with an overall occupancy cost of US$ 183.30)according to CBRE Global Research and Consulting's semi-annual Prime Office Occupancy Costs survey. ... more |
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Tag:
india real estate, delhi properties, delhi NCR real estate |
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'New circle rates in Delhi higher than market value' |
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Source: ET Bureau Dec 17, 2012 |
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Some real estate experts have said the new circle rates, or the minimum valuation at which a property can be registered with the government, are higher than the market value in a few areas. ... more |
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Tag:
india real estate, delhi properties, delhi NCR real estate |
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