Your Way to Property & Prosperity
DLF expects realty sector to do better within 18 months
Mon, Jun 2 2014
New Delhi: India’s largest realty player DLF believes that the sales will get to its normal pace in at least 18 months, although the market is bullish with the formation of the new government.
New Delhi: The new government is mulling over granting infrastructure tag to low-cost housing segment, a move that will make it easier for Real Estate Developers to get finance from banks and for longer tenures.
Commercial rents may rise in coming few quarters
Wed, May 21 2014
New Delhi: According to a survey conducted by Royal Institution of Chartered Surveyors (RICS), the growing demands may lead to a rise in rentals for office and retail spaces in coming quarters.
New Delhi: According to a report by property research firm Liases Foras, the inventory of unsold homes in major Indian cities has gone up by 4.85% in the first quarter of the current fiscal year.
New Delhi: Oversupply and weak demand, the two factors have so heavily impacted the commercial real estate in India that prices of office spaces, shops in malls and shopping complexes have plummeted by 30% from their peak values in the year 2008.
New Delhi: Realty major Ansal Properties and Infrastructure is set to invest around Rs 130 crore in the development of a 75-acre IT special economic zone (SEZ) in Greater Noida.
New Delhi: Tata Housing, the real estate arm of the Tata Group is set to invest about Rs 450 crore over the next four years to develop a housing project in Kolkata; the project named 'Avenida’ would comprise of more than 700 apartments.
New Delhi: The sluggish state of home sales is being exploited by groups of High networth individuals (HNIs) who are putting forth proposals to buy multiple properties but extracting hefty discounts from the under pressure developers.
New Delhi: Godrej Properties has stayed unaffected by the market slowdown and registered sales bookings of around Rs 1,066 crore in the fourth quarter of the last fiscal showing a 77% rise in the figures.
Supertech verdict may lead to activism in real estate
Fri, May 2 2014
New Delhi: Allahabad High Court’s verdict to demolish Supertech's two 40-storey towers in Noida for non compliance with building norms has now given a hope to buyers who are tired of real estate builders’ false promises over timely delivery of homes.
(Builder Floor) - New Ashok Nagar, East Delhi
(Office Space) - Pamposh Enclave, South Delhi
(Flats & Apartments) - Vikas Puri, West Delhi
(Office Space) - Neb Sarai, South Delhi
(Factory Plot / Land) - Mayapuri, West Delhi
(Office Space) - Connaught Place, Central Delhi
(Builder Floor) - Rajouri garden, West Delhi
(Flats & Apartments) - I.P Extension, East Delhi
(Flats & Apartments) - Hari Nagar, West Delhi
(Individual House/Home) - New Friends Colony, South Delhi
(Residential Land / Plot) - Najafgarh, West Delhi
(Flats & Apartments) - Dwarka, West Delhi
(Builder Floor) - West Delhi
Delhi is the capital city of India and is one of the largest planned cities in world as well. Delhi has very recently developed residential property as well commercial properties which are available and sold at the prices that provide the best value of money for making investment in Delhi Real Estate. Delhi has attracted a lot of Corporate Houses and investors who have shown interest by undertaking various projects in Gurgaon Real Estate & Noida Real Estate for the future planning in Delhi Property Investment. The industrial development, the flourishing IT sector, commercial units coming up in a large way, transport facilities with magnificent residential township, beautiful commercial malls & parks in Real Estate in Delhi that are important and vital factors detrimental for the property in Delhi.
Delhi Real Estate Developers and Builders have certainly cashed on this boom and this is the reason why we see new structures and developments in residential property, commercial property and industrial property in Delhi. Buying, selling and renting property in Delhi is no more limited to just purchasing and selling a house or a home but it has taken a form of investment in the form of real estate. Demand for properties in Delhi has increased owing to the easy transportation in the city like Delhi Metro facilities, shopping malls, multiplexes attraction in Delhi Real Estate, entertainment hubs and special features like historical monuments, Akshardham Temple and many more. Again, easy availability of home loans in India has definitely helped the middle class people to make their dream come true. NRIs & Foreign investors are now looking at Delhi Real Estate from the investment point of view where they have the option to invest in luxury flats, apartments, Builder project, villas, penthouses, farmland and bungalows. The renowned Real Estate builders like Ansal API, TDI, Omaxe, DLF, Unitect have developed world class residential & commercial projects in Delhi / NCR Real Estate.