Tag: Tier 1

Realty Market is not the same throughout India

Since long time, we have been hearing from different sources that realty is back with a bang, realty is blooming, etc. Although it is true that there has been noticed a difference in the realty state during recession and after it, but this change is evident only in Tier 1 cities and not in others. […]

Demand of Commercial Property is Back

March 12, 2010 The conditions of commercial property are finally ameliorating. Both the retail space and office are back in demand. Although, the development in 2010 is most likely to occur in tier-1 cities of Mumbai, NCR, Bangalore and Chennai, a new group of companies is, for the first time, considering off shoring in these […]

Housing Demand Fall In Small Towns

Slump in the residential real estate sector in tier-1 cities seems to have spread over to tier-2 and tier-3 cities. Housing demand in small cities got down by 25% during February-July this year because of higher cost of borrowing. Besides rising cost, unavailability of inputs and power shortage also cause excessive delays in project completion. […]

Indiabulls gets court permission to buy Dev Property

Indiabulls Real Estate said the Justice of High Court of the Isle of Man in England has sanctioned the proposal to acquire 100% shares of Dev Development Property (DPD). Finalization of the acquisition shall be competed by issue of fresh 13.8 crore shares of DPD and by canceling the old shares, it informed the stock […]