For residential properties, much of the "stress" and inventory build-up has been in the luxury and ultra-luxury categories, especially in the Rs 20-50 crore and Rs 50-100 crore segments, with low supply in the affordable categories also keeping volumes in check.
These sales have lured in international buyers as far as the Middle East. Buyers must complete the renovation work on their homes within three years of acquiring it.
Additionally, the tender for the Kamathipura cluster redevelopment project is expected to be floated later in August, according to Sanjeev Jaiswal.
Young working adults are being forced to consider purchase as rental housing stock falls drastically. The demand is greater at the lower levels but new supply is still a way off
In an exclusive interview to News18, jal shakti secretary Vini Mahajan said the states were asked to complete all pending work related to allotment of tenders and awarding projects by April.
Isprava has built luxury homes in Goa, Alibaug, Kasauli and the Nilgiris. The money will be used for a more strategic purpose such as acquisition and inorganic growth, co-founder and CEO tells Moneycontrol
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Several exceptions in the act allow individuals such as refugees and permanent residents who are not citizens to buy homes.
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The measures will be contained in Finance Minister Chrystia Freeland’s budget on Thursday, according to a person familiar with the matter, asking not to be named because the matter is private.
Homebuyers see this asset class as a low capital investment with limited project execution risks and quick possession. For developers, it is a means to generate quick cash flows.
Builders and developers are looking to cater to the needs for better equipped homes and communities, as homes have now become the focal point of a new way of living, working, playing and studying.
From Jeff Bezos' $165 million Los Angeles home to Buckingham Palace, here's the list of world’s 10 most expensive homes, compiled by Wealthy Gorilla.
As many as 35 percent are in the affordable segment while 13 percent are in the premium segment priced over Rs 1.5 crore
Lodha Group said in a statement that it has successfully pre-launched project in Palava City by selling over 1,350 homes.
According to the third edition of Consumer Research on Used Goods and Selling Trends (CRUST) Survey 2015-16, the estimated market for used goods was about Rs 56,200 crore.
CDC, wholly owned by the UK government, will join the affordable housing platform created by Tata Value Homes and IFC to develop affordable housing projects across the country.
Builders and government can walk together on this major issue. It requires focused efforts on the reducing the costs in housing projects.
Prime Property discusses the ultimate decor for your homes. There are art galleries to tell us who are the hot new artists, we also find out if art has made a comeback.
Buying a flat in a good location ensures peaceful stay and appreciation in price of the flat. Factors such as connectivity, opportunities to socialise, low crime rates decide if a residential area is good.
The Prime Minister also laid the foundation stone of two units of 660 MW each under the project's second phase. Modi said that he had asked the opposition to suggest ways to improve the land bill, but it did not respond. "I am not anti-farmer.
Real estate developers are offering luxurious high-end properties to ultra-rich buyers willing to splurge on their acquisitions.
Ravi Group, in recent times commenced Gaurav Excellency at Mira Road. Comprising of 16 luxurious towers having 3 phases of 23 storeys each, Gaurav Excellency has aided in transforming the face of Mira Road.
In an interview with CNBC-TV18, Sarang Wadhawan, VC & MD, HDIL said that they have not managed to do a great deal with the Transfer of Development Right (TDR) sales largely due to the lack of clarity about development control regulations (DCR). The company is expecting TDR sales to pick up from the next quarter.
India‘s biggest mortgage lender‘s fourth quarter profit rose 16%, beating analysts‘ estimates, as demand for home loans in Asia‘s third-largest economy remained robust. Net profit increased to Rs 1,326 crore in the three months ended March, from nearly Rs 1,142 crore a year earlier.