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Housing sales fall by 16% in 2012; new launches drop by 30%
Jan 08, 2013
NEW DELHI: Housing sales have declined by 16 per cent to nearly 2.10 lakh units during 2012 in the top six cities as high property prices and costlier home loan affected demand, property consultant Knight Frank said in a report.
Realty sector suffers slump
Nov 16, 2012
SURAT: Realty sector in the city that had been growing at an average of 10-14 per cent for the past five years has suddenly shown a reverse trend. The decrease in terms of new projects has been as steep as 40 per cent during Navratri and Diwali months. Surat Municipal Corporation (SMC) on an average has sanctioned around 353 projects every year since 2007.
Property prices firm despite high interest rates: Nomura
Nov 04, 2012
MUMBAI: Housing prices remained firm following limited supply, despite the slowdown and high interest rates, according to a Nomura report.
Mumbai realty market sees upward trend in on-going festive season
Oct 28, 2012
Mumbai : The Mumbai realty market, one of the leading property market in the country, is witnessing an upward trend during the ongoing festive season after a long spell of slowdown owing to lack of approvals, high interest rate, price escalation and general downtrend in consumer demand.
Second-home market seems to be heating up
Oct 07, 2012
Call it a vacation home, personal retreat, or a home away from home — the second-home market is becoming a rallying point for developers and investors. The second-home market is, to a great extent, immune from recession, and operates on slightly different considerations and dynamics. "The reasons for buying a second home are mostly for investment purposes or for polishing up one's status," say

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