The capital and rental values for office space in New Delhi has witnessed an increase in the range of 1-4 per cent during last six months, according to a realty consulting firm.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
It seems property in Pune have a better rate of capital value appreciation than other metro cities.
The new launches were concentrated in the suburban locations of Gurgaon (66 per cent) and Noida (34 per cent) with over 80 per cent of units catering to the mid-range segment.
Office rents rose faster in China's gleaming eastern metropolis Shanghai than anywhere else in Asia last year, according to the results of a survey.
John Charles enjoyed the rare distinction of playing an entire career without being booked or sent off.
Bengaluru saw a 23% decline in home sales and a 3% fall in prices.
Paes/Rikl and Bhupathi/Miryni won their first round doubles matches at the French Open easily.
While Delhi boasts of one of the best metro systems in the world and decent infrastructure, reckless construction, legalising unauthorised colonies, and the worsening water and air quality dent its image of being a robust cosmopolitan city.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
Mid-segment residential units continued to remain favourite amongst developers with a two-third share in total launches.
Nearly 52,000 new hotel rooms are expected to be added in India over the next five years on rising demand from travellers as global economic conditions improve.
The net absorption of office space fell by 25 per cent at 23 million sq ft during this calendar year in the country's top eight cities as corporates were cautious about expansion considering weak economic conditions.
Launch of new homes dropped by 12 per cent to over 172,000 units so far during this calendar year in the eight major cities.
To tap into the growing demand for offices, several global and Indian co-working entities are creating stock in the top cities.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
Office space leasing in the Delhi-NCR region jumped more than three-fold to nearly 1.5 million sq ft during the January-March period, mainly due to higher absorption by IT firms in Gurgaon.
Dilipkumar Lakhi, a prominent diamond merchant and Mumbai's highest individual tax payer till a couple of years ago, has beaten some of the city's top developers to emerge the highest bidder for the iconic Cadbury House.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
Bigger companies are signing equity JVs with global investors.
On Wednesday, rupee depreciated to an all time low of 60.72 against dollar.
Investment in real estate sector in India stood at $3.4 billion during 2012.
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
Increase in service tax would make properties costlier to buyers.
The suburban location of Mumbai's Goregaon registered the biggest decline in average weighted basic sale price at 20 per cent.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
They sought further cut in interest rates as well as reforms.
Although markets such as Mumbai and some places in the national capital region have continued to see a slowdown in the property markets over the last three years, developers were pinning their hope on the festive season.
Developers and consultants said even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment.
After exporters, real estate companies are demanding a priority sector tag for loans to the low-cost housing sector.
Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.
Smart Cities can be a success depending on the basic amenities it manages to provide citizens.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
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