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Real estate sector is cautiously optimistic
23 Jan 2016Overall, it is waiting for robust demand and further ease of conducting business operations The winds of change are evident over the past two years, with 2015 coming to a close on an optimistic note. Encouragingly, India’s economic revival has gained fervor as policymakers have been proacti...More >>
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BMC shoots off handover notices for 36 open spaces
23 Jan 2016In the first phase of taking back the city's open spaces from private trusts, the BMC on January 19, began the process of sending out notices for 36 plots across the city. In D Ward alone, which comprises areas such as Babulnath, for instance, three plots would be served these notices (see box...More >>
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Mumbai real estate: Areas to look out for investment
22 Jan 2016Can the realty market of Mumbai hope to fare better than other metro cities? In the last two years, Mumbai’s housing market has been positively impacted by several new infrastructural launches such as double deck flyover, metro network, monorail, etc. This definitely gave impetus to transact...More >>
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Ten cities to shop for budget real estate in India
22 Jan 2016India’s cities draw the most housing demand for reasons like better job opportunities, living standards and infrastructure. However, rapid urbanisation and development of these cities into mega-cities have given rise to challenges such as pollution, traffic issues, high property prices, etc...More >>
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Foreign investments find Indian real estate attractive once again
22 Jan 2016India-specific cumulative fund raising attained its peak in the pre-global financial crisis (GFC) period. Between 2005 and 2008, there were 50 such funds that raised $16 billion in total. Only 29 funds got raised in five years, with cumulative fundraising of $3.9 billion post the global fina...More >>
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Mumbai driving realty recovery with steady stream of new projects
21 Jan 2016Mumbai’s property market seems to be driving the recovery in real estate, ahead of the National Capital Region (NCR) and Bengaluru, on the back of better residential sales and a return of customers in the last couple of months. The recovery in India’s most expensive real estate market...More >>
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Conversion of agri land for industrial use made simpler
21 Jan 2016Doing away with a century-old procedure, the state revenue department on January 20 issued a government resolution discontinuing the non-agricultural (NA) permission for land for bonafide industrial use. Addressing a press conference at Mantralaya, revenue minister Eknath Khadse said a committee,...More >>
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'How to buy a House': A must read for home buyers
20 Jan 2016No matter how much money you managed to stack up, every penny you spend on buying a house would be spent after volumes of thought. Isn’t it? Today over 50 users like you write daily to Magicbricks asking advice on how to buy a house, where to buy it? What features to look for? and, How much ...More >>
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Residential Real Estate: Markets easing slowly, treading on the recovery path
20 Jan 2016It is a well-established fact that the residential real estate market is in turmoil today. Real estate investors burning their hands in the erstwhile “sure bets” like the National Capital Region (NCR) and buyers getting stuck with under-construction projects for years are common features...More >>
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Eased FDI – Key element to boost the realty sector
19 Jan 2016The centre recently made a radical change with a view to attract more Foreign Direct Investment (FDI) in the construction development sector by removing the minimum capital of USD 5-billion within the period of six months of commencement of business. Dilawar Nensey, joint managing director, Royal...More >>
