Latest Realty News

Is it sensible to buy resale flats?
Feb 08, 2014
DELHI: Rahul was tired of shifting flats due to the ever increasing rental rates in Delhi until he decided to invest his money in purchasing a resale flat. In addition to a hefty discount, the flat came readymade with an instant-shift tag. Rahul can now spend the saved money on the interior decor and can flaunt his cheap yet elegant home to his colleagues.
Gurgaon, Noida land price may fall with fresh supply in Delhi
Feb 07, 2014
DELHI: Land prices in Gurgaon and Noida could fall as over 70,000 acre is likely to come in the Delhi market because of DDA's new land pooling policy, property consultant CBRE said today.
10 things to watch for in the commodities space
Jan 29, 2014
MUMBAI: Citi commodity research has come out with a report highlighting 10 areas that should be watched as they will have an impact on the world’s largest commodity consumer with 40 per cent market share. These factors could shape commodity prices and demand outlook in the coming months and years.
Land price on a high as DDA set for pooling policy
Jan 28, 2014
DELHI: Land prices on the outskirts of Delhi have risen significantly and in many cases have as much as doubled over a period of 18 months following the announcement of land pooling policy by Delhi Development Authority (DDA). The prices may rise further, once the finer details of the policy are out. The final policy is expected within a month.
RBI order on notes to fuel real estate deals
Jan 27, 2014
MUMBAI: The Reserve Bank of India's decision to withdraw pre-2005 currency could lead to a spurt in real estate deals and realty prices in many parts of the country in the short term.
Boom in Mumbai realty rates unsustainable: Study F
Jan 16, 2014
MUMBAI: An international research firm has stated that the city's property prices, which have increased nearly fourfold in the last decade, are unsustainable.
Real estate sector: Growth starting, but no bull-run yet
Jan 07, 2014
MUMBAI: The year 2013 was a year of survival for the real estate sector, but expectations are now high among developers and analysts. The industry is pinning hopes on a mid-year turnaround after the General Elections, it is not likely to materialise given the time lag for policy implementation.
Maharashtra hikes ready reckoner rates by up to 20%
Jan 01, 2014
MUMBAI: Despite falling sales volume due to already unaffordable housing prices, the Maharashtra government has hiked ready reckoner rates by up to 20% in Mumbai, the most expensive property market in the country.
Proximity to Eastern Freeway an advantage
Dec 31, 2013
MUMBAI: With the development potential of Mumbai's western suburbs almost fully exploited, we are witnessing increased momentum in new developments in the eastern suburbs where land parcels are still available and prices more affordable. As a result, the 16.8-kilometre Eastern Freeway that connects P D Mello Road in South Mumbai to the Eastern Express Highway at Ghatkopar has sprung into sharp focus with developers.
Renting real estate can be a worthwhile option
Dec 30, 2013
MUMBAI: Possibly the biggest buying decision of your lifetime - purchasing your own house - has become a lot more difficult than before, with prices rising in the big cities of Mumbai and Delhi and several other parts. In certain prime locations, the affordability index has gone through the roof, posing big questions before property aspirants: To buy or to rent? Will property price correct in 2014?
Investments in India's realty sector decline 6% YoY: Assocham
Dec 28, 2013
DELHI: Outstanding investments in the country's real estate sector were six per cent lower at Rs 14.51 lakh crore in September 2013 as against the same month previous year, according to a study by industry body Assocham.
Realty prices may come down by up to 20% if corruption is reined in: HDFC chief Deepak Parekh
Dec 27, 2013
MUMBAI: Rooting out corruption could help lower home prices by as much as 20%, said Deepak Parekh, chairman of Housing Development Finance Corp, India's biggest mortgage lender, putting the blame for graft in the system on errant bureaucrats and faulty policies.
Posh areas take a realty beating
Dec 23, 2013
KOLKATA: Will the government do anything to tame the rising trend of inflation? Is there anything in the market that I can buy at a reasonable price? Set aside your first question for policymakers at the Centre, but as far as your second query is concerned, we certainly have an answer. You can buy a property at select parts of the city where real estate prices are literally on the wane. Sounds intriguing? Read on.
Bank, auto, realty stocks surge as RBI maintains status quo
Dec 21, 2013
MUMBAI: The Reserve Bank of India surprised the Street by maintaining status quo on interest rates at its mid-quarter review of monetary policy.
Housing prices in India fall 1.7% in April-June on poor demand
Dec 17, 2013
DELHI: Housing prices in India fell 1.7 per cent during the April-June quarter due to poor demand amid subdued economic conditions and there are no signs of recovery, real estate consultancy Knight Frank said.
Chennai retail rentals flat in Q3
Dec 14, 2013
CHENNAI: Rental costs for retail spaces in shopping centres in Chennai have remained flat over the past year, averaging Rs 43,808 ($717) per square metre per annum in the third quarter of 2013. In contrast, property prices in nearby Bangalore appreciated 0.1 per cent year-on-year to Rs 57,800 ($946) per square metre per annum in the July-September period of the calendar year, according to real estate consultancy firm Jones Lang LaSalle’s latest ‘The Retail Index’ report.
Realty market muted on lack of new projects, weak sentiment: Survey
Dec 12, 2013
MUMBAI: Property prices in Mumbai and Delhi NCR, among India's top realty markets, marginally rose in the third quarter of 2013 mainly due to lack of new launches and cautious sentiment in the sector, a survey said.
With slowing economy & inflation, house prices to rise at slower pace in 2014
Dec 10, 2013
BANGALORE: After years of double-digit growth, house price rises in major Indian cities are expected to slow to just under 8 per cent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
When and how to buy your dream home
Dec 09, 2013
MUMBAI: Buyers are faced with several dilemmas when they purchase a house. Here are the answers to some of the key doubts:Real estate, though a mainstream investment and probably a part of every financial portfolio, is also unique. It is the single largest financial commitment that most people make in their lifetimes. Buying a property also involves a lot of subjectivity and is not just a factor of the property's price or the interest rate on the home loan. Here are some questions you are likely
Prices of residential property in Mumbai drop nearly 10% over the past three quarters
Nov 27, 2013
MUMBAI: The residential property market in Mumbai is turning in favour of buyers with inventory levels rising and prices weakening. Residential property prices in some south and central Mumbai locations such as Parel, Lower Parel and Mahalaxmi have declined nearly 10% over the previous three quarters with the increase in the number of unsold homes and prospective buyers reluctant to exceed budgets amid a slump, said property consultancy Knight Frank India.
Housing prices in 12 cities rise, 10 witness decline in Q2
Nov 22, 2013
DELHI: Housing prices increased in 12 cities by up to 5.30 per cent, while it declined in 10 cities, including the national capital, by up to 7 per cent during the second quarter ended September 30.
Delhi home prices fall by 4.5% in Q2, 10 cities see decline
Nov 22, 2013
DELHI:House prices in Delhi fell by 4.5 per cent during the quarter ended September, as compared with the previous quarter ended June. Stretching that timeline to March, prices fell by 5.9 per cent, the latest Residex brought out by the National Housing Bank (NHB) showed.
Increase Of TDR Catches Mumbai Real Estate Off-Guard
Nov 16, 2013
MUMBAI: The sudden rise in the TDR price has taken the market unawares, despite the fact that such a rise was likely because not much of TDR generation was taking place. Effectively, TDR prices have now doubled, and such a steep rise was not expected. The current price of TDR is now around INR 4000 per sq ft.
DDA's land-pooling policy: Will it dampen property prices in NCR?
Nov 13, 2013
DELHI: Can runaway property prices in Gurgaon and Noida be reined in? That could happen with about 40,000 acres of land expected to come into the market because of Delhi's new land-pooling policy. This could mean some 1.5 million apartments will be launched over the next three-four years in the city, possibly having an impact on the appreciation in the value of property in the wider National Capital Region, which includes Gurgaon and Noida.
Equity, gold, real estate: Tips to make your first investments
Nov 05, 2013
MUMBAI: It is not an easy time to be an investor. Even though you may be spoilt for choice, there is a high degree of volatility across asset classes. This means that one has to be extra cautious while choosing investments. Whether you are opting for equity, fixed income, property or gold, the current environment will punish you for rash or untimely decisions. For those who have just started saving, taking the initial steps into the world of investing is even more daunting. It's the same for any

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