Tag: Price

Price correction supports realty

Photo by wilhei55 The real estate market is encouraged by price correction and low interest rates after few months of slump. The improvement is visible in residential sector, especially in low to mid-end housing segment. Level of enquiries went up and transaction velocity increased marginally as compared to first quarter of this yeaer. Most developers […]

No Price Reduce-Parsvnath Developers

Parsvnath Developers Ltd has no plans to reduce prices of its properties, a top official of the real estate company said on 16th July 2008. “There is no question of reducing prices at all. Prices have to go up,” Pradeep Jain, chairman and managing director said. He also said rising input costs would be passed […]

Realty Needs Indices Similar To Equity Market

The Real estate industry in India has been growing by leaps and bounds in the past few years. However, the country still lacks a credible way to cross-check the price swings (real or reported) in the sector. For example, recent reports of residential prices cooling off in major cities of the country could not be […]

Nirmal Lifestyle Plans To Develop 20 Townships

Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in […]