September 12, 2009 – 3:45 pm
With a recovery in the residential portion of the real estate sector gaining ground, developers in Mumbai are banking heavily on the premium category. While relatively older apartments in South and central Mumbai continue to command a premium, new properties in these locations have not been left behind. Developers said that the big-ticket deals in […]
September 10, 2009 – 11:37 am
Residential real estate prices are growing in Mumbai very fast. The highest price stands at Rs 97,842 per square feet for a flat at NCPA Apartments. The transaction took place about fifteen days ago in the Maker Tower B building located close to the World Trade Centre at Cuffe Parade. In November 2007, the largest-ever […]
September 8, 2009 – 11:04 am
The real estate recovery story is being driven by the residential segment, but contrary to the claims made by a number of developers that end-users are their main buyers, the current trend is being driven by investors. Investors are back in good numbers and before the curve goes up, they want to buy. Some who […]
November 29, 2008 – 4:26 am
The Orissa episode of the Credai has decided to reduce prices of their forthcoming housing projects by 5-10% in the coming 2 months in the wake of fall in raw material prices. The strategy comes close on the heels of a call given by Credai to more than three thousand of its members in the […]
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Also tagged Affordability, Bhubaneswar, Cdp, Credai, Economic Slump, Estate Projects, Heels, Housing Developers, Housing Projects, Iit Kharagpur, Members, Mohammed, Orissa, Present Population, Raw Material Prices, Residential Purposes
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September 18, 2008 – 7:12 am
City-based Vakil Housing Development Corporation has become the latest entrant into the market to develop affordable homes as the real-estate industry tries to cope with a downtrend in demand. A senior official of the company said that the move is part of its strategy to increase its residential real estate development footprint across the southern […]
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Also tagged Affordable Housing, Bandwagon, Co Director, Footprint, Foray, Housing Development Corporation, Housing Ministry, Housing Projects, Income Groups, Land Co, Launch, Low-Cost Housing, Metros, Mohammad Ali, Outskirts, Real Estate Development, Residential Development, Residential Real Estate Development, Rs 40, Square Feet
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Knight Frank India, a real estate consultant company, predicts more correction in house prices if the existing slowdown in residential property sales keeps on, Chairman Pranay Vakil said.
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Also tagged Bangalore, Commercial Office Space, Consultant Company, Estate Consultant, High Interest Rates, Home Prices, House Prices, Knight Frank, Pune, Real Estate Developers, Residential Property, South India
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February 22, 2008 – 5:35 am
The National Highway-24 has emerged as the cradle of investment for housing properties due to the surge in prices of residential real estate across key UP cities – Noida, Greater Noida and Ghaziabad. In recent years, NH-24 has risen as a prime alternative for those seeking affordable homes. NH-24 has seen the establishment of settlements […]
February 13, 2008 – 4:05 am
Progress in the Indian real estate sector represent the shifting appearance of nation and it is a mirror image of the growth in the Indian economy brought about by soaring rates of GDP and also by India’s incorporation with the worldwide economy, said K. Nath, Union Minister of Commerce and Industry. He was giving speech […]
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