Affordable housing concept emerged as a ray of hope in India's residential realty market after economic recession, aiding its early recovery.
HDFC reports a revival in residential real estate prices, reversing a prior decline, with significant hikes noted in active markets across India.
As residential sales decline, real estate companies brace for a drop in profits, while the office market sees potential growth amidst economic recovery.
India's real estate market booms driven by rising upper middle class demanding better lifestyles, comfort, and amenities in residential and commercial sectors.
Noida Extension: Emerging Hub with Prime Location, Connectivity, and Affordable Housing
Provogue India ventures into real estate with a 300,000 sq. ft. project in Aurangabad, combining residential and mall spaces. This move mirrors similar ventures by other textile companies.
Indian real estate has seen substantial price growth, with properties multiplying in value over time. Experts advise including real estate in investment portfolios.
Delhi Municipal Corporation plans to increase property tax rates following the Delhi government's circle rate hike. Experts predict a potential 2:1 ratio of impact, implying a 100% property tax increase for a 200% circle rate rise. However, the tax revision might be less substantial in areas with smaller circle rate increases.
When considering home buying, factors like timing, budget, and financial advice are crucial for making informed decisions in real estate.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.
India's real estate market is booming, attracting domestic and international investors, particularly NRIs. Growth in affordable and luxury housing is expected, driven by demand from low-income groups, MNC expats, and NRIs.
The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.
Lodha Developers and others engage in significant land deals, with Lodha planning a massive IPO and residential project in Mumbai.
Key documents for property sales in India include the sale deed, housing society share certificate, NOC, and title clearance. Buyers and sellers must also verify building age, area, parking, and ownership details.
A recent survey reveals that 34% of potential homebuyers prefer NCR-Delhi, followed by Mumbai, indicating a shift towards end-user driven real estate investment.
Senior housing is emerging as a promising real estate sector in India, driven by changing mindsets, financial independence, and a growing senior population.
Rising realty costs trouble homebuyers, 30% price hike since Aug 2009, experts anticipate 15% correction for market buoyancy.
Around 44% of the population earns between Rs 8,500 and Rs 40,000 monthly. Are affordable homes truly accessible to this segment, especially with financing challenges? Expert Arun Mohan proposes solutions in his book "Affordable Housing: How Law and Policy can make it possible."
Demand for super luxury housing in India, ranging from Rs. 4 cr to Rs. 30 cr, has surged by 30-40%, prompting developers like Lodha, Orbit, and Skyline to focus on boutique homes.
Delhi's Commonwealth Games Village, a partnership between Emaar MGF and DDA, features 34 towers with 1168 flats, eco-friendly features, and state-of-the-art amenities. Post-games plans are uncertain amidst environmental concerns regarding its impact on the Yamuna River.
Residential markets in major Indian cities like Mumbai and NCR saw significant value appreciation in late 2009, driven by an economic slowdown that favored affordable housing.
Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.
Is the concept of "affordable housing" truly feasible for middle-class families? Experts and industry leaders analyze the current state of affordable housing and discuss necessary improvements.
Residential real estate prices have increased by 10% in three months as market sentiment and transactions improve. Prices were initially cut by 30% to combat decreased demand.
Godrej Industries partners with Godrej & Boyce and Godrej Properties to develop Vikhroli property via a new SPV, potentially before the Urban Land Ceiling Act is repealed.
