New Delhi: There had been a typical trend among the rich Indians to set aside at least Rs 10-15 crore each year to invest in properties abroad. According to real estate consultants Knight Frank, most properties were bought in Malaysia,…
Delhi: The real estate sector of India is predicted to generate over 17 million employments by 2025 across the country. Global realty consultancy firm CB Richard Ellis reported that, development and growth in the real estate in India have excellent…
The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you’re planning to add an asset in your stature by buying a property in…
Mumbai: Office space absorption and rental trends in the last few months in Mumbai has shown that though the absorption rate has gone up the rental rates have remained low in the city. This comes as no surprise as the…
Pune: Confederation of Real Estate Developers’ Associations of India (CREDAI) Pune metro delegation met the Chief Minister, Prithviraj Chauhan last week to request him to mull over submitted memorandum that includes the Pune expansion plan and the issues related to…
Bangalore: The minimum amount at which the property is registered is called the guidance value. After the revision of this value in Bangalore, property registrations have been lowered by nearly 40 percent, as declared by sources (property registration offices and…
Lucknow: The Lucknow Municipal Corporation (LMC) is set to increase monthly rentals of its properties. The decision regarding this increase of rental rates is most likely to be taken in the house meeting at LMC on August 18.The corporation had…
Since 2010, 89,761 residential units have been launched in Bangalore, out of which 50,184 units are still remaining unsold. This shows the supply has exceeded demand in the Bangalore property market. According to a research, the city has been witnessing…
New Delhi: The Parsvnath Group announced a 5% jump in profits at the end of June 2013 as compared to March 2013 quarter. The group reported that it has recorded a 4% increase in the revenue which amounted to Rs…
Bangalore: Sobha Developers, Bangalore based real estate firm perceived a growth of over 11 per cent in the first quarter of 2013. The first quarter ended on June, 2013 witnessed a heavy growth of over 50 crore in the revenue…
