Tag: Real Estate Market

Bollywood Collection Lowered As Multiplexes Are Fewer

Sluggish real estate market indirectly affects Bollywood collection. Bollywood remain unable to amass good revenue as there aren’t many multiplexes to project the Movies. Bollywood collection is mainly from the multiplexes which are built mainly in the mall projects. Once the mall projects are affected by the sluggish real estate market, construction of the mall projects is […]

Ghaziabad Likely To See Faster Growth Of Realty

Real estate market in Ghaziabad is expected to grow faster with the arrival of new link road. The new 22 Km –long link road will connect Ghaziabad and Greater Noida. Ghaziabad is likely to see faster growth of realty in the city as the construction of Ghaziabad-Greater Noida link road has been resumed. The 22 […]

Vacant Properties In Vadodara Exceed 1-Lakh; RTI Reply

Vacant Properties in Vadodara is said to have crossed 1-lakh figure. The list of vacant properties in Vadodara came up in an RTI Reply issued to a native of Vadodara. Arising confusion, an RTI Reply stated that there are more than one lakh vacant properties in Vadodara. According to the RTI Reply there are 1.2 […]

Property Prices To Stand Stable; No Fall Round The Corner

There appears no chance for property prices to fall in the near future in any of the metro cities. All the odds are against the buyers; who were expecting a fall in the property prices to own a dream home. There is no chance; even a slight shadow of chance, for property prices to fall […]

Koramangala Stamped ‘Better’ For Home Buyers & Investors

Providing easier access to the prime commercial hubs of Bangalore, Koramangala has become a better destination for all end-users and investors. Koramangala is an outskirt in Bangalore. It lies on the South-East part of Bangalore. However the Bangalore’s outskirt has been considered as one of the best destinations for both home buyers and investors. The […]

Foreign Investment Will Be More In India: JLL Predicts

Leading global real estate consultancy firm Jones Lang LaSalle predicts that India will have vast foreign investment. According to the global consultancy foreign investors are looking for a chance to enter Indian realty market. Indian realty market will have vast foreign investment, as big as $4-5 billion, predicts global real estate consultancy firm Jones Lang […]

CCI‘s New Developer Buyer Agreement; DLF Case Contexted

CCI plans to frame new Agreement between the Developer- and the property buyer. Competition Commission of India (CCI) plans to frame a new agreement between the property buyer and the developer. The new Agreement is designed on the context of DLF Case. CCI hopes that the new agreement will solve out most of the issues […]

Will Property Discounts Persuade Takers?

Developers are up with some sort of property discounts to persuade  property takers. This was more visible in Indore . Discounts are always considered as suitable means to attract the customers and this is true with the real estate sector as well. The builders attract home buyers through their property discounts. With the property discounts […]

Real Estate India Sets to Thrive As Construction Restarts

Real estate India expects to overcome the present sluggishness by 2013. The year 2012 has really been a sluggish year for the real estate builders. Real estate India expects to be boosted by the new retail FDI policy. There will be an increased demand for retail spaces and it prompts real estate builders to come […]

Real Estate Builders Decide to Lower Property Prices

Real estate developers’ apex confederation asked its members to offload their unsold properties by lowering prices. CREDAI cautioned the necessity of selling of unsold real estate properties. CREDAI’s national president Mr. Lalit Kumar Jain disclosed that the real estate builders would consider offloading their properties at lower rates. He was answering to the suggestions of […]

Gammon India to Divest Its Real Estate Assets

The existing financial crises lead Gammon India, the developer of landmark ‘The Gateway of India’ to monetize its real estate assets. Severe financial loss in the 3rd quarter of the current year compels Gammon India to monetize its real estate assets. The company was severely affected by the increased financing costs and lowered sales.

SEBI File Criminal Charges against Sahara Group

Capital Market Regulator – SEBI filed criminal charges against Sahara Firms. Sahara officials said that they submitted the documents but the regulator refused to accept them. SEBI alleged Sahara Group that they have not followed the regulatory orders. Mr. Subrata Roy – Sahara Group’s Head, is alleged of neglecting the regulatory orders. As per the […]

Real Estate Market in Mumbai Looks For Some Upward Growth

The real estate market in Mumbai looks poised for some upswing after going through a lukewarm phase for the past few months. Evidently, there has been a marked increase in sales in March 2012 when 5,776 properties were registered, which is 37% more than the 3,639 registrations in the month of February 2012. Similarly, at least 50 […]

JLL: Residential real estate market is set to appreciate in 6 months.

Jones Lang LaSalle India, a global research firm in the real estate sector, says that prices of residential units in India in the next six months should witness marginal appreciation. JLL says: “Over 60% of residential launches in the Top 7 cities (mostly in cities other than the NCR and Mumbai) are priced in the range of Rs […]

Chennai Realtors expect Better home loans and tax cuts from the Union Government.

Expectation of the Chennai Realtors is that the Union government should increase the income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year which is 1.5 lakh at present which will help to boost the real estate market. The Confederation of Real Estate Developers’ Associations of India […]

Bangalore Real Estate got impact of IT and ITES

Call centers, transcription, data processing, online education, etc are the services that are included in ITES which has made a huge impact on international workflow into India, mainly because of low communication costs and the financial sense behind outsourcing non-core activities. It is an advantage for any modern city to have a significant presence of […]

Indian Real Estate market on its pace

India no more lacks in the race of real estate market. Although many developers are nurturing this fact, but its high time now and they should come out of their shell to realize the boom of realty market. Due to the rise of upper middle class in India, a sense of better lifestyle and good […]

Future of Indian Real Estate Market

Future of Indian Realty market seems to be brighter than ever. Following are the major reasons for the growth of Indian Realty: The policies made by government for the Foreign Direct Investment have brought quite a large number of foreign investors into the Indian real estate market. India now ranks second in the list of […]

Stability in Commercial Real Estate Market

Real Estate Intelligence Services (REIS) which is a division of Jones Lang LaSalle Meghraj released a report which said that stability in the commercial real estate market of India is observed with the economic recovery of India. According to the report, although in 2010, the landscape will be beneficial for tenants, but in 2011, influence […]

Tata Housing Awarded as Best Developer

One of the leading real estate companies of India, Tata Housing was honored by the Best developer award in the category of CSR in the recognized award ceremony called Cityscape Awards – Real Estate Asia, 2010. According to experts, when they analyzed the commitment and positive contribution of the company in the society welfare, it […]

Real Estate Market Has Enomous Power

Indian real estate market could reach a value of $60 billion by 2010, and become an “enormous” economic power, a Middle East developer has said. Abdullah bin Abdulaziz Al Majed, vice chairman of Tanmiyat Group, was speaking ahead of the firm’s participation at property show Cityscape India 2008. Tanmiyat is among a group of international […]

Meerut-The Rising Real Estate Destination

Meerut is only 72 kilometers from new delhi. It is an ancient city, which belongs to Uttar Pradesh state. The great history from the city is that Mandodari, wife of Ravana, belongs to this city. Meerut is stand at 28.98 north and 77.7 east, and 219 meters above from sea level. Meerut is the major […]

Wipro Managed Ten Year Project From Lodha Group

Wipro Infotech has managed to get a ten year project worth Rs. 1.3 billion from Lodha Group. Wipro will provide IT and business transformation services to Lodha group in India and Middle East. Wipro InfoTech is a leading IT company in India. Lodha group has started a new path to get a premier position in […]

Thirty Billion FDI Likely In Real Estate In Next Decade

According to estimate made by ASSOCHAM, the FDI component in the domestic real estate market is expected to be thirty billion US dollar as against its total amount of one hundred two billion US dollars in next decade as the real estate sector escalation will raise up by more than 30%. Additionally, ASSOCHAM report stated […]

Sistema With Shyam Group Will Work For Real Estate

Russian conglomerate Sistema, on Tuesday declared that it plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year. Sistema has confirmed an coalition with India Shyam Group, which […]