November 28, 2008 – 1:02 am
The terrorist attacks on Mumbai are likely to further pull down the sagging property prices in the city, especially in South Mumbai. South Mumbai, the most expensive property market is expected to face a dip in value across all segments, including rentals, in the next half year.
“It’s is too early to say anything now. However, [...]
By rajani
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Posted in Property News
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Also tagged Birla Sunlife, Dampener, Half Year, India, Knight Frank, Negative Sentiments, Property Deals, Real Estate, Ripple Effect, Second Half, South Mumbai, Suburban Market, Terrorist Attacks
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October 31, 2008 – 5:53 am
With the festive season of Diwali just past us, developers are going hammer and tongs at wooing prospective homebuyers with more and more special offers. However, if sources are to be believed, these discounts and gifts have only come about because the real estate market is heading for correction in a big way. Sources say [...]
September 26, 2008 – 11:06 am
The recent financial debacle in the US has sent shock waves across the globe and is also projected to impact the Indian real estate sector directly or indirectly. Adequate and timely funding would be a major concern for developers. Already, there are indications of investors withdrawing their funding. While big players consider this shake-up as [...]
By rajani
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Posted in Property News
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Also tagged Collapse, developers, Financial Debacle, Financial Institutions, Global Property, Globe, Indian Real Estate, Investors, Meltdown, Real Estate Companies, Real Estate Sector, Shock Waves, Stocks, Temporary Phase, Tsunami
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There is going to be a major price correction in the real estate market in the subsequent three months. Land owners and builders are holding on to the selling price of their properties due to the ongoing monsoon but post-monsoon, prices would nose-dive 15-20%. Builders and property consultants preach that monsoon season is considered to [...]
By rajani
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Posted in Property News
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Also tagged Akruti, Bangalore, Bank Loans, Jones Lang Lasalle, Land Acquisition, Land Deals, Monsoon Season, Mumbai, Real Estate, Real Estate Developer, Real Estate Developers
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MUMBAI: The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have [...]
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