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Indian Realty Market Regains Favour of Foreign Investors: PwC
21 Dec 2015Mumbai: A relaxed FDI (foreign direct investment) policy for the realty sector has reinforced the confidence of overseas investors and has helped India regain its place as one of the preferred investment destinations, according to a survey by PwC. According to the global consultanc...More >>
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Despite slowdown, Mumbai remains the most lucrative investment destination in India
19 Dec 2015the top residential destinations across five major cities are evaluated and a comprehensive recommendation addressed towards the needs of the discerning homebuyer from an investment point of view over the next five years (2015–2020). The report also reviews the previously recommended destina...More >>
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Indian real estate: 2015 in review and gazing into 2016
19 Dec 2015Today, the world sees India as a land of opportunity for business and investment. RBI head Raghuram Rajan said in mid-September that while fellow BRICs have deep problems, India appears to be an island of relative calm in an ocean of turmoil. This scenario continues; as per recent government data,...More >>
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Mumbai property market makes a comeback as buyers return
19 Dec 2015Call it better deals they are getting in the property market or the falling rates, but after a prolonged lull, propertybuyers are making a comeback in Mumbai. Quoting data from the Inspector General of Registrations, The Indian Express reported Tuesday that housing registra...More >>
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Dubai house rents, prices to fall further
17 Dec 2015Average residential sales rates in Dubai have fallen 16 per cent and14 per cent in the first 11 months of 2015 for apartments and villas respectively, while overall unit transactions declined by 33 per cent year-on-year, CBRE said in a forecast on Monday. The residential sector is expected to see...More >>
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Dubai Residential Market Continues to Soften, to Hit Bottom in Late 2016
17 Dec 2015According to Cluttons, home price growth in Dubai appears to be slowing, with a bottoming out in the market likely to happen at the tail end of 2016. Based on Cluttons' Dubai 2015/16 Winter Residential Property Market Outlook, values for both apartments (-0.8%) and villas (-0.5%) dip...More >>
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Key component in a luxury studio apartment
17 Dec 2015Renting a studio automatically conjures images of cramped spaces and jail cells. When someone opts for a studio, itusually means that the renter simply cannot afford a onebedroom or that he/she is willing to sacrifice space to live in a specific neighbourhood or a building that features lots of mo...More >>
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In landmark business deal, Godrej sells BKC office space to Abbott for 1,480 crore
14 Dec 2015In one of the largest office space deals, Godrej Properties has sold a 4.35 lakh sq ft in commercial project at BKC, Mumbai, to healthcare products major Abbott for about Rs 1,480 crore. Abbott plans to use the space as its corporate office, bringing together all of its business in the city...More >>
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For His Rs. 25,000 crore Dream, Maharashtra Chief Minister Reaches Out to Realtors
14 Dec 2015File Photo: Maharashtra Chief Minister Devendra Fadnavis. MUMBAI: Maharashtra Chief Minister Devendra Fadnavis is pushing, what many call an impossible dream of the real estate industry: the Housing for all by 2022. This ambitious programme of Prime Minister Narendra Modi is now high o...More >>
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All you need to know about proposed Real Estate Bill 2015
11 Dec 2015The Union Cabinet on Wednesday approved the Real Estate (Regulation and Development) Bill, 2015, which will be taken for consideration before it is passed by the Parliament. The real estate bill, which is a step closer to being passed, is expected to protect the interest of consumers and builders ...More >>
