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Costlier housing
Mar 20, 2014
BANGALORE: Property prices in Indian cities witnessed a modest rise in 2013, lagging Asian peers. Prime residential property values rose by about 6 per cent in Bangalore, helped by a pick-up in demand, according to a report by global real estate consultant Knight Frank. Growth was even lower in Mumbai and Delhi, at 3 per cent and 2 per cent, respectively. This is much lower than the 13.5 per cent average increase in real estate prices in the Asia-Pacific region during the year.
Experts advise end-user needs to figure out a good project with decent location and not get caught u...
Feb 15, 2014
MUMBAI: The real estate industry, which till a few months ago was plagued with issues of oversupply, low demand and weak sentiments has started buzzing with activity.
What attracts NRI investment in Indian real estate
Jan 10, 2014
MUMBAI: For Non Resident Indians, a base in their homeland is always considered a safe prospect and gives them an added sense of security. When it comes to the Indian real estate, non-resident Indians (NRIs) take centre-stage, especially with the depreciating rupee. The recent market trend where there is high inflation, volatility and the rupee value depreciating, NRIs make the most of the opportunity and invest in the Indian real estate market.
Rajasthan ideal for investments, Vasundhara Raje tells NRIs
Jan 10, 2014
JAIPUR: In an effort to fulfill the poll promise of providing 15 lakh jobs in the next five years, chief minister Vasundhara Raje on Thursday appealed to Non-Resident Indians (NRIs) to invest in the state. In her message to NRIs on the occasion of Pravasi Bharatiya Divas in New Delhi, she underscored Rajasthan's advantage over other states.
REITs, a game-changer
Dec 31, 2013
MUMBAI: The demographic dynamics in India is changing fast, leading to a growing demand for real estate, which continues to be higher than supply. An estimated 843 million people will live in Indian cities by 2050, about the same as the combined population of the US, Brazil, Russia, Japan and Germany.
Blow to Hiranandani, receiver appointed for city property
Dec 30, 2013
MUMBAI: In a blow to one of the biggest names in the real estate indutry, the Bombay high court has appointed a court receiver to manage the property of Hirco Plc's subsidiary Hiranandani Palace Gardens (HPG) in Chennai. The court passed the order on December 24 while hearing an arbitration plea filed by Tata Capital Financial Services Ltd (TCFSL) after HPG defaulted on a loan of 76 crore.

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