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 […]
The period, before the presentation of Budget 2013, was a period of expectations and promises. However most of the promises to the real estate sector were not included in the Budget 2013. Real estate sector had ‘invested’ a lot of hopes on the Union Budget 2013. The construction sector expected that the sector would be […]
December 19, 2012 – 6:55 pm
Outer Ring Road (ORR Bangalore) gives better odds to real estate market Bangalore. A Jones Lang LaSalle India report said that Outer ring road is one of the best performing commercial areas of the city. According to the latest report of JLL, ORR Bangalore is the best performing commercial area. JLL report also highlighted the […]
Mumbai may be second to Delhi in unsold homes, but it will take longer to sell them. Real estate developers in the financial capital must wait over three years to clear 1.13 lakh units or 120 million sq ft as high prices deter potential buyers, shows a study released by Liases Foras, a real estate […]
While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Bangalore, Chennai, Commercial Space, DTC, Hyderabad, IT & ITES sector, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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Private equity deals are alive and kicking in Indian real estate space even though headline numbers do not reflect the same due to the absence of big ticket investments. The total number of PE deals during the first quarter of CY 2012 has hit a three-year high, according to VCCEdge, the financial research platform of […]
By skgupta
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Posted in Property News
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Also tagged Capital Markets, director, financial research, Indian Real Estate, joint managing director, Kotak Realty Fund, Property Consultant, Q1, Real Estate, Shobhit Agarwal, V Hari Krishna, VCCEdge
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The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent as per the CREDAI estimation. “We are expecting the realty to grow by 25 per cent in the coming year. Last year too […]
Beginning with the Budget 2012, it is difficult to see the raising of the personal income tax exemption limit from Rs 1.8 lakh to Rs. 2 lakh as anything more than tokenism. It is certainly not relevant for the aspiring Indian middle-class home buyer. The expected exemption limit of Rs. 3 lakh would have had […]
By skgupta
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Posted in Property News
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Also tagged 1% tax rebate for home loans, Aunj Puri, Budget 2012, Capital Gains Tax, Chairman & Country Head, Indian middle-class home buyer, personal income tax exemption limit, Pros and Cons, service tax rate, significant foreign capital inflows, Union Budget 2012-13.
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