Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Zinedine Zidane, Donald Trump, Steve Waugh have all lent their name to realty projects in the country.
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
As PM talks of lower lending rates, housing companies prepare to cash in.
.jpg)
Across the country, residential projects offering deals have risen 45-50 per cent in the run-up to the festive season and may double further by Diwali and the year-end as realtors attempt to clear piled-up inventory.
Govt relaxed norms for the floor area ratio and ground coverage for plots.
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Participants are keenly waiting for the January IIP.
This announcement will widen the base of investors, especially mid-sized financial institutions.
Usually, online and offline discounts are similar. If discounts are too high, check builder's credentials.
Mumbai developers are battling high inventory.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
Demand for Grade A office space is rising across the country.
Mumbai, India's financial capital, is set for a mega transformation with a massive patch of land opening up for redevelopment; a new metro railway ready to start services by the year-end; and the country's oldest railway station, the Chhatrapati Shivaji Terminus, going for modernisation with private sector participation. Work on Mumbai's second airport will start from next month, while construction of the sea link connecting central Mumbai to Navi Mumbai has already moved into a fast lane despite Covid-induced lockdowns. Also, a coastal road project, connecting Nariman Point to Worli, is under way and will help decongest the city to quite an extent. Of all these mega infrastructure projects, the one that has a huge potential to change the city's skyline is the Eastern Waterfront project - to be built on the Mumbai Port Trust (MbPT) land.
Anuj Puri, chairman and country head at JLL India explains the dynamics of the city's real estate.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Launches of new homes reduced drastically this year.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
Such investments come with their own share of risks and buyers may need to hold on for at least 5 to 10 years.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Indians are the biggest non-Arab investors in Dubai's real estate market.
The new law would boost home buyer confidence as well as investment in the realty sector.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
When an NRI returns to India, he should be aware of his tax residency status.
Leading hotels are taking all precautions but the unusual service the staff has been pressed into puts them at the forefront of COVID fight.
It's not easy to ignore the newspaper ads with Diwali offers.
India's top metro cities need to improve their infrastructure and other civic amenities too.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances