August 26th, 2010Delhi Metro driving Gurgaon property prices
The Gurgaon real estate market has witnessed rising values to the tune of almost 30% since the downturn of 2008. This was at a time when it was raining affordable properties in other parts of the NCR. So what makes property in Gurgaon so popular? Read the rest of this entry »
August 24th, 2010Foreign direct investment in Indian real estate rockets
Foreign direct investment (FDI) in India’s booming real estate and housing market jumped 80 times between 2005 and 2010. Figures obtained by TOI show that in 2005, FDI in real estate was a mere Rs 171 crore. That soared to Rs 13,586 crore in 2009-10. In April and May this year, Rs 737 crore in FDI was pumped into the sector. Read the rest of this entry »
August 20th, 2010India’s growing aspirations
Will India’s growing aspirations and it’s booming economy be hampered by political and international problems.
Despite its growing financial clout, why is India not as powerful a political force in the world today?
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August 18th, 2010Delhi and NCR rentals up 12%
Delhi property rentals have gone up by 12 per cent on an average in Delhi and NCR in the April-June period of the current year compared to the same period last year, real estate portal report has said. Read the rest of this entry »
August 16th, 2010Morgan Stanley: India to Top China as Fastest Growing Economy by 2015
India may overtake China as the world’s fastest growing major economy by 2015, as the South Asian nation doubles infrastructure investment and adds six-fold more workers than its northern neighbor, Morgan Stanley said. Read the rest of this entry »
August 13th, 2010Luxury property in India on the rise again
Indian Luxury housing,which took a beating in the last two years, is poised to gain momentum yet again, basically in India’s Tier-I cities. Read the rest of this entry »
August 8th, 2010DDA to offer 15,000 new apartments in Delhi
For Delhiites seeking a reasonably priced apartment of their own in Delhi,there is some big news. Delhi Development Authority plans to launch a new housing scheme next month in which as many as 15,000 flats and apartments in Delhi in various categories would be on offer through a lottery. Read the rest of this entry »
August 5th, 2010Registration Charges For Property in Andhra Pradesh To Increase
In a move to offset losses due to reduction in stamp duty charges to a uniform 5 per cent across the State, the Andhra Pradesh (AP)Government has effected upward revision of the registration charges and market prices for properties from August 1. Read the rest of this entry »
August 4th, 2010Is the stampede for affordable Indian housing coming to an end?
The stampede for affordable housing by Indian developers may coming to an end. Indian property developer DLF has said they may withdraw from the much-hyped affordable houses, stating low margins under the scheme are unattractive. Is this the start of a new trend now that property in India has recovered? Read the rest of this entry »
August 2nd, 2010FT Podcast: Indian economy, is inflation or growth the dominating policy?
The Financial Times look at the Indian economy and ask whether inflation or growth is the dominating policy their in a pod cast. Read the rest of this entry »