Non-Resident Indians (NRIs) have started taking keen interest in the Indian real estate sector following significant appreciation of the dollar v’s the rupee, a top official of housing finance company said today. (more…)

In 2011 the Indian real estate  sector  had to grapple with a loss of reputation with its alleged link to the 2G scam, but also dwindling sales and funding constraints.

Huge Drop in Sales
A huge drop in sales due to mounting interest rates which hurt both, cash flows and customer demand, and launches came to a grinding halt. Mumbai real estate was the worst affected. Other markets like Bangalore real estate and NCR continued to see sporadic sales. But even here, the trend was definitely downward.

Priyanka Ghosh of CNBC-TV18 wraps up 2011.

Real estate in India got some more bad news as the Reserve Bank of India has raised rates again. The cost of home loans will increase for Indian home buyers and heap more pressure on the those selling property in India.

Indian real estate could become more affordable very soon. (more…)

Is now the time for NRIs to invest and buy property in India?
Navyroof.com summarises, Ashish Gupta’s views as she explains why it might just be however we feel it’s not as simple as that. (more…)

Plans are moving ahead in India to overhaul the property rental market which could result in tens of thousands of tenants paying more as part of a push to make the sector reflect market reality. (more…)

With Indian home loan rates shooting up after RBI hiked interest rates to nearly 11%, stocks of apartments and new units are growing and developers are facing the squeeze on large loans. All this means a price correction is imminent in India. (more…)

Navyroof.com suggest buyers look for the following documents when buying a property or land in India. (more…)

Mumbai’s residential property market is predicted to witness a glut in 2012-13 owing to steady new launches at a time when sales are extremely slow, according to Indian real estate consultancy Jones Lang LaSalle India. (more…)

It is likely that property prices in Delhi, Mumbai will drop in the next few months, according to analysts and real estate consultants. In fact, analysts say that there are indications in the market already: price drop in Mumbai and moderation in residential rates in the Gurgaon region. (more…)