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Latest India property news
DATE:
25 April 2012
Just when it was believed that the only direction the exorbitant realty prices could slide is downwards, property prices have inched up even further. The average cost of an apartment in Mumbai has just peaked to Rs 2.60 crore.
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DATE:
10 April 2012
New Delhi: With the country’s real estate sector still in a subdued state, sector experts think it is the right time for consumers to go for their dream homes before prices start to shoot up.
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DATE:
31 March 2012
Quality of life, knowledge and influence, and economic activity are the key factors for the ultra-wealthy investing in property, says Knight Frank and Citi Private Bank’s sixth Wealth Report.
China will overtake the US to become the world’s largest economy by 2020, which in turn will be overtaken by India in 2050, it says.
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DATE:
09 March 2012
The Knight Frank Global House Price Index (GHPI), which tracks the performance of mainstream house prices worldwide, rose by just 0.5% in 2011 and recorded a 0.3% fall in the final quarter of the year, according to Kate Everett-Allen
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DATE:
08 March 2012
According to Knight Franks' latest research report, in February 2012, Hong Kong’s retail market remained strong and continued to outperform other property sectors. Meanwhile, the residential market saw a notable rebound in sales volume with prices stabilising after the Lunar New Year. The office market stayed relatively quiet with uncertainty in the global economy.
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DATE:
04 January 2012
The intention to provide an accommodation to the economically weaker section (EWS) of people, in the same habitat as the middle and upper income groups, is a positive one.
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DATE:
01 January 2012
Marked by good sales, huge demand in the residential sector and the most number of project launches in recent years.
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DATE:
15 December 2011
Residential sales have plummeted since the golden days of 2007 as record home prices and higher interest rates have dampened demand, finds a report by a global real estate consultant.
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DATE:
03 December 2011
The mushrooming investor presence in the country’s realty market has for long fuelled unlikely speculation in residential prices. Latest figures now show that 52% of the new realty stock in India is held by investors, a steep leap from 22% investor presence in 2009.
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DATE:
24 November 2011
In 2000, when US President Bill Clinton gave India's then reigning information technology (IT) capital Bangalore the go-by in favour of the city of pearls, he willy-nilly anointed Hyderabad as the new face of IT in India and put the city on the global map.
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DATE:
21 November 2011
The property market, which experienced a negative impact on prices and demand after recession, has witnessed a noteworthy increase in residential project launches.
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DATE:
17 November 2011
Despite increasing demand and higher property prices in some markets such as Mumbai and New Delhi, India’s real estate market is shrinking. Property developers are reporting a steady decline in their revenues and profits.
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DATE:
16 November 2011
The draft Real Estate (Regulation and Development) Bill, 2011, is a step in the right direction. However, although it promises to make the primary market more transparent, it is mum on the secondary market, which attracts a significant number of transactions.
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DATE:
14 November 2011
Even as global economic slowdown and uncertainty in financial markets have battered the real estate industry countrywide, forcing a price correction in several markets, properties in Kolkata and Chennai bucked the trend with steady demand in affordable and mid-segment housing
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DATE:
08 November 2011
With storm clouds gathering again over the global economy, the commercial office space market in Mumbai is losing its momentum. A handful of foreign banks are holding off on large realty deals, in part to gird for any possible turn the world economy may take.
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DATE:
02 November 2011
As property valuations in smaller cities improve and those in metros face downward pressure, big developers are trying to find a foothold in smaller markets. Realtors such as Shapoorji Pallonji, DLF, Indiabulls, Omaxe and Ansal Properties among several others have been going aggressive in the smaller cities.
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DATE:
27 October 2011
During the slowdown last year, sales at a luxury home builders had gone down so much that the company's chairman, could actually keep a count of the footfalls at his sales offices.
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DATE:
24 October 2011
Lack of funds, customer aversion to striking advance lease deals and a slowdown in demand for office space have combined to push real estate developers into building more residential apartments than commercial spaces.
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