Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
Kokapet is witnessing a surge in demand for non-branded bungalows, attracting both locals and migrants, thanks to its competitive pricing and convenient location.
Pune's new residential launches decreased by 32% in H1 2016 compared to H1 2015, while unsold inventory reached a 5-year low. Office space transactions also slowed down due to lack of new supply.
Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.
Unsold luxury apartments in Mumbai reach 2,300 units, with prices ranging from Rs 10 crore to Rs 23 crore, as developers adjust to consumer demand.
Mumbai's residential market faces potential price correction in 2014 due to high unsold inventory and low absorption rates, shifting the market in favor of buyers.
Realty major Unitech Ltd reported a 50% decline in property sales during the first half of the current fiscal due to global market slowdown.
Salarpuria Sattva Group ventures into Coimbatore's real estate market, focusing on affordable housing between the railway station and airport, amidst industry growth and unsold inventory.
In the first half of the year, India's major cities witnessed the launch of 1.32 lakh homes, a 5% increase compared to last year. New launches have declined in Q3.
The real estate market, once a high-growth sector, is currently facing challenges due to economic slowdown and revised funding rules. Experts advise caution and research before investing.
The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.
A recent RTI reveal indicates Vadodara has over 1 lakh vacant properties, prompting debate among real estate experts and authorities about the figures' accuracy.
AIG Global has acquired a 50% stake in a stalled shopping mall project in Hyderabad from RMZ Corp, planning to convert it into a residential development.
Hyderabad sees rising affordable housing sales, becoming a top affordable market in India. New projects and infrastructure boost this demand, attracting buyers and investors.
The real estate sector anticipates a prosperous 2013, following a challenging 2012 marked by slow market activity. Experts are optimistic, citing potential from policy changes and investments.
High Net-worth Individuals (HNIs) are increasingly cautious about real estate investments due to lower returns and declining property value appreciation, particularly in major cities.
CREDAI anticipates a 20% rise in housing sales in major Indian cities, spurred by lower interest rates. They also address environmental clearance delays.
Bangalore transformed from a seasonal racing town to a year-round economic hub after becoming the capital of the Kannada state. It faces infrastructure strains due to rapid growth.
RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.
India's real estate market, projected to hit $180B by 2020, is the 5th most attractive global investment hub. A real estate seminar in Bangalore connected industry experts with students, offering insights into the sector's future.
Real estate developers anticipate Union Budget 2012 to bring pragmatic provisions, including increased infrastructure funds for housing and removal of service tax on residential construction.
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
Jai Prakash Sports International offers 153 sq. yd. plots at competitive rates with varying down payment plans for prospective buyers.
CREDAI warns that property prices may rise by 2.5% due to the new service tax implemented from July 1, 2010, which will ultimately burden buyers.
A report from REIS indicates stability in India's commercial real estate market, suggesting advantageous leasing conditions for tenants in 2010.