Written By: Varun Sinha | March 17, 2015 14:00 (IST)
Home sales in India have been under pressure for the last many quarters forcing real estate developers to come up with innovative measures to sell apartments. Gurgaon-based ILD is promising home loans at just 4.99 per cent, a 50 per cent discount to prevailing interest rates to prospective home buyers.
December 11, 2014 20:47 (IST)
The real estate private equity market inflows which stood at around $1-1.5 billion per annum over the last few years, is likely to double in the next two years due to the relaxation of FDI norms, JLL chief operating officer (business and international) Ramesh Nair said in a statement.
December 10, 2014 16:01 (IST)
Urban Development Minister M Venkaiah Naidu said he will shortly take the proposal to the Union Cabinet for its approval and share details with the House.
December 10, 2014 07:56 (IST)
The company's iconic 117-storey project, 'World One Tower' is located in south-central Mumbai.
November 27, 2014 19:58 (IST)
According to a report published by the US National Association of Realtors, buyers from India purchased residential properties in the US estimated at $5.8 billion in value during the one-year period ending March 2014.
October 24, 2014 12:57 (IST)
Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.
September 28, 2014 18:33 (IST)
Parsvnath, which recently sold 140 acres at Sohna in Gurgaon to Supertech for Rs 665 crore, has completed construction of an official building covering 2.8 lakh sq ft of leasable area on Bhai Veer Singh Marg, Gole Market.
September 25, 2014 07:51 (IST)
Housing for all by 2022 is also the key agenda of the new government. Despite the visible benefits, the housing sector is facing myriad challenges in terms of regulatory and policy challenges, Ministry of Housing and Urban Poverty Alleviation Karan Bir Singh Sidhu said.
September 24, 2014 20:55 (IST)
The 15 cities surveyed are San Francisco, Madrid, New York, Singapore, Sydney, Washington, London, Mumbai, Tokyo, Mexico City, Paris, Hong Kong, Houston and Frankfurt.
Written By: Varun Sinha | September 23, 2014 10:40 (IST)
Circle rates, introduced in 2007, are revised periodically. In Delhi, these rates were last revised in November 2012, when the rates were hiked by 200 per cent.
September 22, 2014 09:45 (IST)
The DDA has authorised 13 banks to sell application forms for its residential scheme. These banks are State Bank of India, Punjab National Bank, Syndicate Bank, Union Bank of India, IDBI Bank, Corporation Bank, Central Bank of India, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, ICICI Bank, Yes Bank and HDFC Bank. Most of these lenders have come out with attracting finance schemes.
September 10, 2014 09:05 (IST)
A new development, 42 Crosby St., is pushing the limits of New York City real estate to new heights with 10 underground parking spots that will cost more per square foot than the apartments being sold upstairs.
August 13, 2014 15:15 (IST)
Here are some important factors to bear in mind about HRA that will also help you figure out how to get the maximum tax benefits and therefore plan your investments accordingly.
Written By: Varun Sinha | July 29, 2014 13:01 (IST)
Property prices in some pockets in Delhi and the NCR have fallen by over 20 per cent year-on-year, according to the National Housing Bank's Residex index, which tracks residential property prices across 26 cities in the country. In fact, Delhi is the only metro, where prices have dropped in the March quarter.
New Delhi | July 27, 2014 17:05 (IST)
"Office space in Delhi NCR witnessed total take-up of 1.38 million sq. ft. in Q2, representing a decrease of 18 per cent q-o-q (quarter-on-quarter) but an increase of 11 per cent y-o-y (year-on-year)," DTZ said in its report 'Property Times Delhi NCR Q2 2014'.
July 19, 2014 11:56 (IST)
You can soon own some office space even with a small sum just like the owning a share gives you a small bite of the company.
Mumbai | July 17, 2014 19:02 (IST)
Due to low consumer confidence during last year and even in the first half of 2014, residential property absorption levels reduced significantly resulting in an increase in inventory levels and correction in prices, according to ratings agency Care Ratings.
Mumbai | July 17, 2014 08:14 (IST)
Office space leasing activity in the city is not expected to move significantly before next year although the sentiment in the real estate sector is witnessing some improvement, says property consultant CBRE.
New Delhi | July 03, 2014 07:38 (IST)
"The quarter saw an approximately 26 per cent increase in quarter-on-quarter total office space absorption across these prime locations, from a little more than 6 million sq ft in Q1 2014 to nearly 8 million sq ft in Q2 2014 - signalling the generation of reasonable employment opportunities," CBRE said in a statement.
Chennai | June 25, 2014 11:52 (IST)
"There is demand for affordable housing. But cooperation from government is also necessary like offering special packages", Ceebros Property Development Chairman C Subba Reddy told PTI here.