May 2nd, 2012Average house price in India is 40 Lakh
According to an analysis of HDFC data, the average cost of a house purchased by its borrowers was Rs 12 lakh in the year 2002. Read the rest of this entry »
April 26th, 2012NCR and Ahmedabad high st rents increase
High street shopping destinations such as South Extension, Karol Bagh and Connaught Place in the national capital saw up to 9 per cent rise in rentals in the first quarter of 2012, but malls in NCR did not receive much attention from retailers due to paucity of quality space. Read the rest of this entry »
April 23rd, 2012Is Mumbai real estate bubble going to burst?
An average apartment, basic amenities and interiors in need of modernisation, is for rent in Worli Seaface in Mumbai. Read the rest of this entry »
April 18th, 2012Land prices soaring in India
Indian property developers no longer swear by their land banks.
Read the rest of this entry »
April 18th, 2012Indian property developers happy with RBI rate cut
Indian property developers are happy with the RBI rate cut and now hope it can be passed on to the Indian property buyers.
April 17th, 2012Ahmedabad real estate bucks the trend
Growth in sectors like automobile, pharmaceutical and engineering has created demand for commercial properties in and around the Ahmedabad.
Read the rest of this entry »
April 16th, 2012Bandra, Mumbai, flat rates soar 300% in 6 yrs
Bandra-Khar (west), Mumbai’s costliest real estate belt outside the island city, exemplifies the unrealistic property prices despite a market meltdown. Read the rest of this entry »
April 10th, 2012Goa Property Planning Frozen
Permissions for all new realty developments in Goa from March 20 have been frozen and will be now renewed on a “case-to-case” basis by the state government, a top official said Monday. Read the rest of this entry »
April 3rd, 2012Gurgaon circle rates hiked by as much as 15%
In a move to bring down the gap between the “white” and “black” money paid while purchasing a property, the Gurgaon administration has enhanced the collector rates (or circle rates) for registration of property by up to 15%, effective from this financial year. Read the rest of this entry »
March 28th, 2012India to outpace China to be No.1 economy by 2050
India will outpace China to become the world’s largest economy by 2050, boasting a GDP of $86 trillion, forecasts a report by global property firm Knight Frank & Citi Private Bank. Read the rest of this entry »