High interest rates and prices mean low affordability. Also, developers have huge inventories.
Shahid Balwa and Vinod Goenka, the promoters of DB Realty, have a common background -- both are college drop-outs and came from families that, directly or indirectly, dealt in real estate.
All the 27 deaths occurred in the virus-hit central Hubei province, China's National Health Commission (NHC) said. The confirmed cases for the first time fell below 50 since COVID-19 surfaced in Hubei province in January.
Several people were feared trapped under the debris, police said, adding that the rescue operation was underway.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
Indian Institute of Managment -- Lucknow offers a one year residential International Programme in Management for Executives (IPMX) at its Noida campus.
The view is that the attention on the national team is fleeting, incidental and dependent on the results they produce.
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
DLF has long been embroiled in a controversy over a deal that brought windfall profits to Robert Vadra, son-in-law of United Progressive Alliance Chairperson Sonia Gandhi.
Both the South cities have also beaten the NCR in the number of new launches.
Suburbs from Vile Parle to Goregaon have 205 unsold units.
Property developers are setting up their own mini-power plants to meet captive requirements of the malls or residential complexes they are building. Electricity generated from these power plants, which will use compressed natural gas (CNG) as fuel, will be 40 per cent cheaper than state electricity board supplies, making it an attractive investment option rather than a perceived additional cost.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.
The court also questioned how Amrapali Group could mortgage the entire projects and secure loan worth thousands of crores of rupees from banks when it was only an agent to develop the property.
Now, companies are promising to buy back property sold to customers, after factoring in a 30-70 per cent appreciation in value.
Maharashtra is considering imposition of betterment charge and service tax on developers of residential and commercial complexes adjacent to the mega-infrastructure projects lined up in Mumbai.
This is the third city, after Bangalore and Hyderabad, where residential projects with reduced price tags have been announced in the last few weeks. Gurgaon, Panchkula and Kochi may also see similar project launches from DLF in the coming days, an executive of the company said. The decision is in line with the company's recent announcement, which said it was strengthening its focus on the 'affordable housing' segment in select cities.
It's a race among real estate developers to complete a floor quicker than the rest. With timely delivery of projects turning into a selling point, innovative technology is being put to use by realtors like never before.
Changes in policies and increase in applicable rates are leading to delays in redevelopment. Residents should know how to avoid the pitfalls
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.
Despite the absence of any notable price growth, transaction volumes are picking up in major Indian cities. The surge in sentiments is also backed by a significant rise in transparency in the industry.
Like on Pegasus, like Covid, there have been no answers from the government about why the situation on the economy and India's future is where it is today, notes Aakar Patel.
Having developed a taste for what humans eat, the monkeys are wreaking havoc in Shimla, reports Ashwani Sharma.
'Today, 75 per cent of sales come from residences.'
The city has prepared a 10-day plan to test all its residents after six new coronavirus cases were reported in a residential community.
Real estate developer Lodha group has roped in UK-based Yoo Ltd to design, brand and market one of its two luxury towers coming up in Mumbai.
'Trading is about psychology; 75% of it is about keeping your emotions in check.'
People spent a sleepless night as a series of aftershocks shook Assam after a strong 6.4 magnitude earthquake caused extensive damage to buildings.
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.
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
Raymond, the Singhania group's flagship company, has forayed into real estate development.
"All of us can feel the pain of families of the Pulwama martyrs. We understand your anger," Modi said.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
DLF, India's largest real estate developer by market cap, on Monday said it has sold 49 per cent stake in some of its residential projects to private equity investors for a total consideration of Rs 1,675 crore (Rs 16.75 billion).
Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.
The Maharashtra government announced categorisation of various areas into red and non-red zones
Non-Resident Indians (NRIs) are one of the key contributors to the growth of the real estate industry and considering the immense potential in India, they are likely to step-up the investment in future.
