Both capital and rental values have risen marginally during the year, with the former rising slightly faster than the latter.
For those HNIs who are ready to take on the risk of investing in real-estate projects, the returns are higher than what they could get from other sources.
The hike is being seen as quashing Mumbaikars’ hope of price correction given residential property sales volume declining for over two years.
Indicating worsening stress on realty sector, an estimated Rs 7,700 cr worth of commercial & residential properties loans are up for sale, according to an industry report.
Developers, however, kept complaining that the provisions were pro-farmer and consumer-friendly, leading to further delay in development of projects.
Opinions vary over the right time to invest in real estate– while some experts bet on a deal before elections, others pitch for the period after Jan.
The year 2013 saw bargaining power in buyers’ hands. Make the most of it till the first half of 2014.
The ongoing slowdown and steep rupee fall are among the factors making the country a riskier realty destination for global investors.
Total mall space availability across seven top cities is expected to increase by almost 26 per cent to 95.7 million square feet by 2015, a recent survey said.
Mercury fell in several parts of the Uttar Pradesh with Najibabad recording the lowest night temperature at 6 degrees Celsius.
Total shopping-mall space across India's top-seven cities is also expected to grow by more than 25% to 95.7 mn sq ft in 2015.
Parekh emphasised the need for a real estate regulator in order to ensure better coordination among various government bodies and a cohesive approach.
The Congress-led UDF Government in Kerala has decided to waive restrictions on transaction of farm land.
Kotak would also make a small investment, and plans to focus on residential property developments in major cities.
Gurgaon remains at the forefront of both new office space and absorption in the market, the consultant noted.
Welcoming the 0.25% rate cut by SBI and HDFC, realty sector participants today said the move will help revive interest in the gloomy market.
Karnataka's plan to build a new information technology hub close to the new international airport on the outskirts of Bangalore is yet to take off, with slow pace of land acquisition exacerbated by rising land costs.
Guess what's the new fad among rich Indians? Renting a bungalow in the verdant Lutyens' Delhi, where the country's high and mighty live.
CP in Delhi has slipped two notches to become the world's seventh costliest office destination due to slowdown in the realty market and fall in rupee's exchange rate.
Online real estate classified portal India Property Online Pvt Ltd raised $12 million (Rs 74.67 crore) in a second round of funding.
US-based real estate fund Capri Capital Partners and Edelweiss Capital are in the fray to acquire a stake in Mumbai-based realty company Vardhman's projects.
DLF has completed sale of its 74 per cent stake in the joint venture DLF Pramerica Life Insurance to Dewan Housing Finance for an estimated Rs 250-300 crore.
RBI today surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
Global real estate consultant Cushman & Wakefield Inc today announced Edward C Forst as the new President and Chief Executive Officer of the company.
Fresh supply of retail space in shopping malls increased by 39% in 2013 to 4.59 mn sq ft in eight top cities despite delay in completion of 18 malls.
"The partnership is in sync with the launch of Tata Housing's new project for senior living in Bangalore 'Riva Residences'," the company said.
The index reflects the weakening condition of the Indian residential market, Knight Frank India's Samantak Das said.
Banks may provide bridge finance for sale and purchase of property, if one has identified the flat to buy and has initiated sale of the existing one.
Arthayantra's study of property prices and rents across top eight cities shows where buying is affordable and where living on rent is more cost-effective.
Tata Value Homes said it sold over 50 flats registering sale of over Rs 25 crore during the four-day Great Online Shopping Festival organised by Google.
According to property research firm PropEquity, nearly half of the 9,30,000 under-construction residential units are likely to be delayed by up to 18 months.
A Pune court, in an interim order, has restrained an entrepreneur from publishing or circulating defamatory material against the company.
About 78% of the sales in Chennai and 80% in the NCR were in this category while the Mumbai Metropolitan Region saw the lowest proportion.
Kolte-Patil uses its own cash for its projects and taps private equity partners such as ICICI Venture and IL&FS when cash is not sufficient.
Property prices in Mumbai & Delhi NCR marginally rose in the third quarter of 2013 mainly due to lack of new launches and cautious sentiment in the sector.
Motilal Oswal Real Estate is planning to raise Rs 300 crore from Indian investors, via a real estate fund with a greenshoe option of Rs 200 crore.
The Abu Dhabi fund has also appointed Aditya Bhargava to look at investment options in India. Bhargava earlier served as MD at SITQ India.
Tata group firm Tata Housing today said it has tied up with Google for online booking of homes during the three day shopping festival starting tomorrow.
FIPB has approved the proposal of DLF Limitless, the 50:50 joint venture between DLF and Limitless, an official statement said.
Mumbai and Bangalore have slipped to the 23rd and 20th positions in the 2014 rankings from 20th and 19th positions, respectively in 2013 survey.
As part of the agreement, Hirco Plc’s investors that are holding preference shares were expected to receive 12% annual interest on their investments.
Buyers are faced with several dilemmas when they purchase a house. Here are the answers to some of the key doubts.
PE investment in Bangalore rose by 79% to Rs 1,979 cr during the first three quarters of 2013 year as compared to Rs 1,106 cr in the year ago period.
I-T dept said its Directorate of Investigation has unearthed over Rs 300 crore of undisclosed income from co-operative housing societies.
Interior furnishing company Avant launched its flooring panel in northern markets through its joint venture partner NCC Urban.
Global IT services and software firms are facing two major challenges — heightened competition and rapidly changing technology environment.
Home buyers can look for good deals as prices in Mumbai have fallen 10% and 45% of new projects are unsold.
Unitech had taken loans from both LIC and LIC Housing Finance in 2007 to develop properties in areas including Noida’s Sector 96 on the outskirts of Delhi.
Casa Grande has lined up projects worth Rs 1,250 crore and plans to launch more than 1,000 villas during the current financial year, the company said.
Government may reject urban development ministry’s proposal to scrap all restrictions on FDI below 50% in real estate.