Home sales in the NCR have jumped by 46%, reported PropEquity. Mumbai, on the other side, saw a decline of 14% in home sales. New Delhi: Tracking 40 cities and 45,000 housing projects, PropEquity reported that home sales in the NCR have jumped. According to the property consultant the jump is by 46%.
A recent report by Global Property Consultants CBRE South Asia, India Residential Market View – 2011 states that while the residential markets across NCR and Mumbai witnessed steady escalation in prices during the revival period from 2009 to first half of 2011 (as high as 40-50% in certain micro-markets), the latter half of the year brought in […]
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million), sources close to the development told VCCircle. Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield […]
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, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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August 21, 2009 – 6:25 pm
The global economic slowdown has provided end users a unique opportunity to buy their sweet homes as prices in many areas in National Capital Region have fallen steeply. Apartments are now available in some markets at almost 50 percent of the prevailing price a couple of years ago. The average price in Gurgaon has fallen […]
The real estate sector in India has now become one of the most important sectors in the recent times, thanks to the rising prices of land. Today real estate sector has become a reckoning force in the economy of India. This sector which till few years back were unknown to most of the investors and […]
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Posted in Property News
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Also tagged Dynamic City, Economy Of India, Entire World, Haryana, India, Kolkata, Metropolitan Cities, Nariman Point, Property Developers, Real Estate Boom, Real Estate Developers, Real Estate In India, Real Estate Sector, Shopping Malls
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Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more […]
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Posted in Property News
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Also tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Land, Mumbai, Pune, Real Estate, Real Estate Investment, Residential Property, small developers
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March 12, 2008 – 12:21 am
Delhi-based Business Parks and Town Planners (BPTP) bagged a 95-acre commercial plot at Sector 94 in Noida for incredible Rs 5006 crore from the Noida authority. It is strategically located close to Delhi. It will be around 16 km from Connaught Place and around 10 km from south Delhi via the DND flyover.
February 26, 2008 – 6:38 am
Delhi-based tier II realty player Eldeco Group is in discussions with AIG and Merrill Lynch for raising $200-250 million from a clutch of private equity (PE) investors. As part of the plan, Eldeco has already raised some funds from Xander PE. Sources said group company Eldeco Infrastructure & Properties (EIPL) was in the market for […]
February 21, 2008 – 2:02 am
Saluja Construction, the foremost name in premium residential development in Delhi and NCR for over 2 decades, now brings its golden touch to retail and business spaces. Saluja Construction introduces SALCON, a realty brand that is a hallmark of innovation, quality, reliability and timely delivery. SALCON Projects will represent the zenith of lifestyle architecture and […]
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