Mumbai’s central business district will generate the highest returns from investments in commercial property, while the National Capital Region (NCR) will lag, despite being India’s largest office market, a report by real estate consultant Knight Frank has found.
Looking to attract customers and boost sales, real estate major Parsvnath Developers today launched a scheme on 3,000 flats where buyers will have to pay 25% on booking and the rest on possession.
Real estate remains the hottest savings bets for individuals with most Indians preferring to park their surplus income in these assets despite a robust turnaround in equity markets with the BSE-Sensex looking to good to scale back up to 20,000. Mahua Venkatesh
reports. Shuffling the buck
If you are currently house-hunting, chances are that you may have to produce your credit history to the owner to ensure that you would be able to pay your rents on time, Mahua Venkatesh
reports. How credit worthy are you?
The Delhi High Court today asked NDMC to respond to Tata Group's plea seeking to restrain the land-owning agency from auctioning the property on which Taj Mansingh Hotel is located here.
US-based real estate major Trump Organisation is looking to expand presence in Indian market and is in discussion with developers in Mumbai and NCR for two Trump-branded housing projects, its India representative said.
India’s realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as favourites, global real estate consultancy giant Jones Lang LaSalle has said.
With differences between two ministries -- Housing and Urban Poverty Alleviation and Urban Development – threatening to further delay the long pending Real Estate Regulatory Authority Bill, the Prime Minister’s Office (PMO) has stepped in and directed the sparring ministries to quickly resolve their issues over the bill which aims to protect property buyer's interest from unscrupulous realtors, reports Moushumi Das Gupta.
With upscale apartments witnessing a huge fall in demand in the face of high prices, developers are turning to middle-income housing, Sachin Dave reports.
The Indian real estate sector, once considered a safe high-return option and now battling a slowdown amid stagnating sales, is facing funding problems with overseas investors. Sachin Dave reports.
Bangalore, Mumbai and Delhi seen major slippages as real estate investment destinations, according to a PricewaterhouseCoopers (PwC) report.
Looking to buy your dream home this Christmas? Chances are that you may land yourself a fairly good deal with developers looking to offer discounts and other freebies, thanks to stagnating sales, mounting debt and rising inventories, say industry trackers. Sachin Dave reports.
As both Houses of Parliament cleared the way foreign direct investment (FDI) in multi-brand retail, the mood of commercial real estate developers, who were facing a tough time building and renting out malls, is expected to look up. Sachin Dave
Discounts or price cuts in home prices may be just months away, at least in some parts of Mumbai and NCR, as developers respond reluctantly to pressures from the finance ministry and their apex association to slash a pile of unsold homes estimated to be worth Rs. 200,000 crore, reports Sachin Dave.