Knight Frank India have announced the launch of their database product “eyestate” in India with some shocking stats coming from it on the state of the market. (more…)

As residential realty rates remain sky-high despite the abundance of vacant properties everywhere, the question being asked is: where is Mumbai’s real estate market headed? On one hand, developers argue that the prices will remain high despite all the talk of an overheated market. And on another, property consultants believe there is bound to be partial correction. (more…)

Indian’s and NRI’s investing in property in India this Diwali face a strange scenario this Diwali.

Mumbai property developers are slow to launch more projects while Bangalore and Delhi developers are cutting some real estate prices.

Trend of lower launches
The trend of lower launches is truer in Mumbai than other cities. Unitech, Godrej Properties, JP Infra and Sobha Developers, for example, have launched multiple projects in cities other than Mumbai in the past few weeks. In Mumbai and its suburbs, there isn’t much talk of new launches barring a couple from firms like Rustomjee, Pallonji, Lodha and Bombay Dyeing.

Hidden discounts
It’s not just about permits. A lukewarm demand has developers treading with caution. There is no indication just yet that home prices will come down. However, experts say there are certain hidden discounts that developers are offering.

India’s central bank has raised interest rates by more-than-expected as it continues to fight Inflation. The Reserve Bank of India (RBI) raised its main rate to 8% from 7.5%, the eleventh increase since March 2010. This will have a knock on effect for real estate borrowers and increased downward pressure on Indian property prices (more…)

Real estate and home sales in India bar real estate in Noida are down 10% in the Q2 according to Jones Lang LaSalle (JLL). (more…)

Tata Housing Development Company (THDC) the Indian property developer has announced plans to foray into international markets to develop premium apartments and luxury villas for the world’s multimillionaires as well as mixed-use projects in Sri Lanka and the Maldives. (more…)

While India is suffering some market slow down in some cities this compares mildly to China property which some experts say will suffer a Chinese Property Crash in the next 6-12 months reports Chinescrash.com.

Downgraded outlook for China’s real estate
Ratings agency Standard & Poor’s has downgraded its outlook for China’s real estate development sector to negative from stable, following a tightening of credit conditions in the country and slower sales.This is not difficult to understand why with a reported 64 million vacant units in China.

Government to ban foreign buyers
China is to ban foreign investment in the construction of villas, apparently part of government efforts to cool the real estate market.

Chinese property crash “a myth”
Some believe the Chinese residential property market will not collapse because prices there are supported by brisk economic growth says US property developer Ambrish Baisiwala, chief executive of Portman Holdings.

Baisiwala says that he is “bullish” on China’s residential property outlook, but a bit more cautious on the hotel sector where there is definitely an “overhang.”

India’s population has increased to some 1.21 billion people, or 17 per cent of the world’s population, according to the country’s latest census. (more…)

Non-resident Indians(NRIs) and people of Indian origin (PIO) investing in premium Indian real estate projects have become cautious and are doing a thorough check before investing, say senior executives in Indian real estate. (more…)

The housing and real estate sector in India witnessed foreign direct investment (FDI) of $2.8 billion in the fiscal year (April-March) 2009-10, according to indian Department of Industrial Policy and Promotion. (more…)