Search Results for: property buyers

India tops the first time property buyers list in Dubai.

While Dubai remains a hot and one of the favourite destinations of Bollywood. It has definitely fascinated other strata of India as well. As per the Dubai real estate data, No other national has purchased property to the tune Indians have in 2011. Indians have topped the list of first-time property buyers in Dubai in […]

New Projects Delayed, Buyers Fear Price Escalation

As against the expected delivery time, a good number of new projects face delay of completion. Most of the projects have not yet completed even half of the development –work. Here is a piece of bad news for the prospective buyers. They will have to wait longer for shifting their addresses to new homes. Property […]

Property Prices Soared By 66 % In Mumbai

Property prices in Mumbai soared by 66 percent in the last four years. Prices shot up mainly due to the limited supply and scarcity of land. Mumbai has been one of the costliest property markets in India. Property prices in the city have always been in the sky and still they are moving upward, leaving […]

New Property Tax to Hit Property Transactions

New property tax will affect the property transactions adversely. The builders say that the new property tax is wrongly assessed. Under the new property tax, Babu Naik will have to pay an additional of Rs.7000 per year. When he questioned the civic body officials, they explained to him that the value of his property has […]

Property Sales Steep Downward, Liases Foras

Liases Foras reported that property sales across the country have fallen down. Analyzing the realty market of all major cities, real estate market research firm Liases Foras reported that the property sales have fallen sharply.

No Property Sales, Developers in Deep Trouble

As higher property prices hurt the buyers’ sentiments, the number of property sales has gone downward, leading the developers into deep troubles. Property buyers remain reluctant to buy any property as the property prices have reached the sky. Due to this, the property sales have fallen, affecting the developers severely.

Indian Property Show 2013 conducted in Doha

Last week Indian Property Show 2013 was conducted at La Cigale Hotel in Doha. The property show attracted the takers and the NRI investors. Non-resident Indian (NRIs) who live in Doha participated in Indian Property Show 2013 which was conducted at La Cigale Hotel last week. Thousands of NRIs visited the show.

Budget 2013: Home Buyers Look Ahead Hopefully

Once the Union Finance Minister has hinted on some special provisions for the affordable housing subdivision in the Budget 2013, home buyers look ahead with lot of hopes and dreams. Owning a home is always been a dream for everyone and in the same way they look at the yearly-budget for having some provisions that […]

Property Prices To Stand Stable; Fall Seems Unlikely

Property prices will remain stable in the Indian market for a quite long while as there is no chance for any price-fall in the near future or around. Real estate experts opined that there will not be a fall in the property prices in the near future. Though they opined that there will be no […]

CCI Frames New Agreement Between Developers & Buyers

CCI will frame a new agreement to smoothen the relationship between the Developers and the buyers. CCI hopes that the new agreement will serve as a benchmark for all commercial dealings. Competition Commission of India (CCI) will come up with a revised agreement between the property taker and the developer. CCI frames the new agreement […]

MHUPA Regulatory Body: New Protection for Homebuyers

Ministry for Housing and Urban Poverty Alleviation (MHUPA) head union minister Mr. Ajay Maken revealed that the government is all set to introduce a new regulatory body to protect the troubled home buyers. The MHUPA minister pointed to the fact that the LIG (Lower Income Group) homes are decreasing now. By making it mandatory for all […]

Unitech’s Net Profit Plunges 98% On Weak Property Demand

Unitech Ltd. (507878.BY), one of India’s top realty companies by sales, Wednesday posted a 98% drop in consolidated net profit for the January-March quarter as expensive loans and property prices crimped demand for apartments and shopping malls. Profit in the fiscal fourth quarter plunged to INR22.6 million from INR1.03 billion a year earlier. The figure […]

The Realty Confusion: Mumbai offers little hope for home buyers.

In a recent report, Jones Lang LaSalle said that Mumbai seems to be in a tighter spot with Rs275 billion being sunk in land since FDI (foreign direct investment) was allowed in real estate in 2005; most of which has failed to yield returns. Even many investments done in South Bombay once named as one of the […]

Buyers back in Realty Sector this Navaratra.

Buyers are back in the realty market this Navaratra, lending credence to this festive season’s reputation as a golden period for business in this sector. There is flurry of activity in the offices of realty firms as buyers are coming out to seal deals. The mood is likely to remain upbeat till the end of summer […]

Chennai leads Indian Property Sector.

The Indian property market will see more investment from overseas this year as it still remains an attractive investment destination globally. In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas […]

Hong Kong has an Indian Real Estate Property Exhibition this Weekend.

The exhibition will exhibit around 300 projects by over 70 developers along with the coming projects and infrastructural development in Mumbai, Pune, Jaipur and Bengaluru. The exhibition is for two days( 3rd March 2012 and 4th March 2012) and will give a proper snapshot of the real estate industry which will be helpful to those […]

Relief for Buyers of Patwari Village.

Greater Noida: There’s relief for 20,000 buyers who have booked flats in project in Patwari village, at least for the time being. The Supreme Court told a group of Patwari farmers to withdraw their petitions that challenged the government’s move to make out-of-court settlement with farmers. A section of farmers in Patwari, where the Authority […]

Greater Noida Buyers in Dilemma

Over 5000 middle class buyers of Noida Extension apartments are in terrible situation. They are the sufferers of the conspiracy of the developers and Greater Noida Industrial Development Authority. Buyers were never told that the land was the subject of the court dispute. Now the buyers are in the dilemma. Either they have to bear […]

Developers Commits Refund with Interest to Buyers of Noida Extension Flats.

The developers of projects of Noida Extension will be refunding back money with interest to the buyers. The have also offered to shift buyers to their other projects being launched in the same area.  A bench of Justice G S Singhvi and Justice A K Ganguly has taken into consideration the plea of the people […]

Buyers on Road to Protest for Full Refund for Cancelled House Allotment of Noida Extension

The buyers who had invested their money in houses which were to be constructed in Noida extension have come out over the roads to plea the Supreme court for their justice. The builders who have been affected with SC’s decision are refunding money to buyers but after certain deductions. The buyers are the most affected […]

Buyers realize homes still not their cup of tea

Property prices across the country are 10-25% lower than their peak in early 2008. Bank rates are about 4 percentage points lower. Still, the vast majority of the exploding middle class, which aspires to own a home, is not taking the plunge. Homes are still not affordable. Affordable homes are hardly homes. The rates may […]

Residential property becomes cheaper

Residential property prices are expected to fall by about 10% this year. Residential property rates declined by 18% to 20% in this March. Despite this drop, buyers are watching market scenario with ‘wait and watch’ policy. This trend is likely to continue through 2009. Mr. Sudhir Nair, Head, CRISIL Research says, “Demand in the commercial […]

Buyers are more attracted towards new projects

It is known that demand for housing has increased in last one month, but this growth is restricted towards new projects. Buyers are rejecting resale properties. Major reason behind is, project developers are offering discounts and many more to woo the buyers. On the other side, resale properties come with a larger unaccountable component. This […]

Akruti flashes rent guarantee card to attract home buyers

Realty firm Akruti Developers is wooing home-buyers to invest in its serviced studio-apartments project by offering a rent guarantee scheme to potential buyers. The proposed project — Afallon — will come up in the Whitefield technology hub, in close proximity to the International Tech Park, said Akruti Developers managing director Nikhil Jadhav. With apartments priced […]

Home buyers can expect a better deal in the New Year

The year 2009 will lift the gloom in the real estate market as the property market turns buyer friendly with the cuts in property rates and home loan rates. Developers for their part would benefit as they will focus on creating volumes at affordable price points. The government move to boost home loans will definitely […]