The demand-starved Indian commercial office space market is slowly seeing positive signs, with several large and mid-sized US companies looking to outsource their work to India for the first time. (more…)

Indian real estate buyers thinking of investing need to act fast according to research done by leading global property consultancy firm, Knight Frank along with Citi Bank. They have forecast that the prices of prime property and real estate in India is likely to increase by 12-15% in 2010. (more…)

Budget 2010 has significant service tax related proposals in store for the Indian real estate sector. (more…)

Mumbai Real estate prices in the city have risen between 5 to 20 per cent since January. A surge in demand and buyers willing to pay more has helped this rise. (more…)

Gurgaon real estate and Mumbai real estate have emerged as the winners for residential investment in India. Both have seen a massive infusion of commercial and retail space owing to residential demand, which in turn was spurred by a growth in employment opportunities, according to the fourth quarter Asia Pacific Property Digest by global real estate consultant Jones Lang LaSelle. (more…)

Real estate in Gurgaon has witnessed a major swing, from complete obscurity to a much-hyped North Indian growth corridor, followed by overheating, slump and now back to the top slot as a residential real estate investment hotspots, says Mr Santosh Kumar, CEO (Operations), Jones Lang LaSalle Meghraj. (more…)

Several controversial Goan real estate deals by foreigners in Goa are being probed and could well have been funded by proceeds from crime and narcotics trade, an Enforcement Directorate official Friday said. Other real estate in Goa purchased by foreign investors illegally may be confiscated (more…)

Indian banks have raised interest rates by 25-50 bps which will make loans for Indian real estate more expensive going forward. (more…)

The Reserve Bank of India is widely expected to increase short-term interest rates at its policy review in April and a slight majority of analysts surveyed also see it further increasing banks’ reserve requirements. (more…)

The worst is over for the Indian economy after two hard years and the country will return to a high growth path with renewed confidence and even log double-digit expansion, Finance Minister Pranab Mukherjee said on Friday reports the ET. (more…)