Tag Archives: National Capital Region

NCR Faces Fall In Real Estate Projects

October 2, 2008 – 11:40 pm

New housing project launches in the national capital region (NCR) slumped by 20% during January-June 2008. This is explained by the slowdown in demand due to appreciation in real estate prices and rising interest rates for borrowers.
The first half of this year also saw a marked shift in developers’ strategy towards mid-income houses, as the [...]

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Growth Of Industrial Rent Highest In Mumbai

April 17, 2008 – 6:36 am

Mumbai has witnessed the world’s highest (94.4%) increase in rentals of industrial space in 2007 from Rs 18 per square feet per month to Rs 35 per square feet per month ($10.88 per square feet per annum).
With this, the financial capital of the country leaped 11 positions to be 26th most expensive industrial locations in [...]

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