NCR real estate hails polls surveys, hopes of market revival

Written by Jayanta Saturday, 17 May 2014

( 0 Votes )NOIDA: Realtors and local players expect that the realty market, which offers thousands of jobs and a major contribution to the economy, will revive in a couple of months. Real estate sector players said that with polls surveys, revival signing were visible. Indian stocks climbed to record highs just after exit polls. The players strongly believe...

Property prices crash 30% as buyers hold on cash till election verdict

Written by Jayanta Thursday, 08 May 2014

( 2 Votes )Not all asset classes have been on a bull run in anticipation of the election result on May 16, when votes will be counted. Stocks may have been surging over the past few months but the secondary residential market has been going the other way, according to anecdotal evidence and the data that’s available. Prices of tens of thousands of...

India office property market overview

Written by Jayanta Thursday, 08 May 2014

( 0 Votes )Mumbai: During 1Q 2014, the Mumbai office markets witnessed a further decline in office space absorption indicating cautious occupier sentiment. This lack of demand can be attributed to a low level of IT/ITeS sector participation in the overall absorption, which is currently the primary demand generating sector across the cities. This quarter only...

NRIs invest over $2 billion in Indian realty in 2013 on weak rupee

Written by Jayanta Sunday, 04 May 2014

( 0 Votes )NEW DELHI: Non-resident Indians invested over $2 billion in Indian real estate in 2013, riding on the back of a weak rupee and heightened promotions by developers to attract them at a time when domestic demand was weak. NRIs spent at least 35 per cent more on buying homes across the country in 2013 compared with the previous year and made for...

Residential prices soften in Delhi-NCR

Written by Jayanta Monday, 17 March 2014

( 1 Vote )Housing prices have declined by an average 8 per cent in Delhi-NCR during 2013 compared with the year-ago period due to slowdown in property market amid economic and political uncertainties, a study said. “Delhi-NCR is one of the most sought after property destinations in India. However, the present economic and political uncertainty is getting r...

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