Latest Realty News

Credai Hyderabad property show to exhibit over 100 projects
Feb 14, 2014
HYDERABAD: Property prices in Hyderabad have remained subdued for far too long and there is a potential for upside once the Telangana statehood issue settles down, according to Credai, the real estate apex body.
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.
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.
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.
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.
In key markets, realty prices may fall 10-15% in months
Nov 05, 2013
DELHI: In what could soon bring some cheer to home buyers, property prices are expected to fall 10-15 per cent in select markets over the next few months, as developers are trying to cut down on inventory and push sales.
Housing demand picks up in NCR; sales up 18% in January- June
Oct 25, 2013
DELHI: Housing sales have risen by 18 per cent in the Delhi-NCR region during the first half of this year at 35,000 units, showing signs of improvement in the property market that has been facing slowdown in demand.
Simplify financial life: Calculate your home loan installments using MS Excel
Oct 24, 2013
DELHI: For many people, owning a house is one of the most significant financial goals. With property prices rising faster than our savings or incomes, a home loan is the best way to fulfill that need.
Realty bites: Despite weak rupee, NRIs not keen to buy property in India
Oct 24, 2013
BANGALORE/MUMBAI: The weakness in the rupee hasn’t led to the usual surge of non-resident Indians buying property in the country, with many of them drawn to real estate markets in the US, UK, Singapore and Dubai where prices and borrowing costs are relatively subdued and returns are seen as being higher.
Kalpataru Group, Oberoi Realty, Runwal Group and Lodha Group in final lap for Clariant's plot
Oct 22, 2013
MUMBAI: Speciality chemicals maker Clariant Chemicals has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane, three people familiar with the development said.
Will you have to pay VAT on your flat? SC ruling to push up property prices
Oct 14, 2013
BANGALORE: According to a recent verdict by the Supreme Court, the sale of a property that is under construction would be liable to value-added tax (VAT).
No buyers for Lutyens’ Bungalows for fear of getting spotted by politicians looking for funds
Oct 09, 2013
DELHI : Available now: A dozen or so bungalows in the heart of Delhi. Nice, quiet neighbourhood. Lots of trees. Generous parking space. Few high-rises in close proximity. Suggested price of 150 crore and above said to be a bargain.
Before buying a property, read the sales agreement carefully
Oct 07, 2013
DELHI: It can take months, even years, to find a dream home. After extensive bargaining, when you manage to seal the deal, remember to go through the sale deed in detail before signing on the dotted line.
Prices of residential real estate may rise 20-25%: Parsvnath Developers
Sep 18, 2013
DELHI: Real estate major Parsvnath feels there are clear indications that residential property prices may rise by nearly 25 per cent in the coming quarters. Pradeep Jain, Chairman, Parsvnath Developers, attributes this to raw material costs, macro-economic conditions, funding issues and the recently passed Land Acquisition Bill. In an interview with Business Line, Jain says the company will focus on executive and fast-track deliveries. Parsvnath is currently working on 49 projects with a total a
Want to buy a house? Keep it on hold if you are not desperate
Sep 16, 2013
MUMBAI: Sumanta Rudra, head of infrastructure and administration at VFS Global, has decided to defer buying a property. "I am expecting a correction in property price. I will only take a call about buying after the elections."
New generation of homebuyers flock Thane for best options
Sep 13, 2013
MUMBAI: Thane was earlier considered as an extended suburb of Mumbai. Now, it has evolved into a self-sustained city in itself. The high levels of demand for housing in Thane have also necessitated vertical development, since Thane will be witnessing serious real estate growth in the coming years.
Mumbai property rates may remain subdued in near future: Icra
Sep 06, 2013
MUMBAI: Real estate developers in Mumbai are finding it difficult to increase property prices because of rising inventory levels, subdued demand and uncertain macroeconomic environment, says credit rating agency Icra.
Slowdown in real estate forces builders to cut prices and dole out freebies
Sep 02, 2013
DELHI: There are no takers for close to 6 lakh homes in the country, forcing builders to cut prices and dole out freebies, which many hope will herald the much-awaited correction in the home market ahead of the festival season.

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