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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...

Real Estate Regulation Bill partly draconian: Anuj Puri, JLL India

Written by Jayanta Monday, 12 May 2014

( 0 Votes )If a stable government comes to power at the Centre, the sentiment will improve. However, for prices to come down, it must provide infrastructure on new land parcels, says Anuj Puri, in an interview with ET. Do you expect the slowdown in real estate to end after the general elections? Anuj Puri: If we have a stable and business-friendly...

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...

SC stays demolition of Supertech towers

Written by Jayanta Tuesday, 06 May 2014

( 0 Votes )NEW DELHI: The Supreme Court on Monday spared Supertech’s twin 40-storeyed residential towers from demolition for now but ordered that the controversial buildings remain sealed till further orders and added that the flats cannot not be further sold, allotted or transferred. A bench of Chief Justice R M Lodha and Justices Madan B Lokur and...

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