Promoters of realty giant DLF K P Singh and his family have decided to sell their entire 40% equity in their flagship company in commercial space DLF Cyber City Developers (DCCDL) to Singapore-headquartered private equity firm GIC, formerly known as Government of Singapore Investment Corporation. The statement issued by the company did not divulge the […]
Many call it an extension of Dwarka while others term it as the beginning of Dwarka Expressway.Sectors adjoining Delhi on Dwarka Expressway are surely the preferred choice for homebuyers A burst in affordable luxury projects in metro cities has opened a wide spectrum of housing opportunities for midsegment homebuyers. The prospect of enjoying high-end amenities […]
Can REITs propel growth in the realty sector? Our experts certainly think so! After the demonetization drive last year, the economy took a hit. And, one of the affect ed sectors is real estate. The sector is facing a liquidity crunch. Hence, given the current situation, is there an escape route? The answer is, yes! […]
RERA, set for roll-out across the country in May, is widely expected to make the real estate sector professional and be accountable to customers There has always been a general percep tion, rightly so, that the real estate sec tor is skewed in favour of developers and that consumers are left with no recourse […]
The year 2016 has been an eventful one for India’s real estate sector. The first half of the year witnessed early signs of a revival in momentum, as reflected in improved sales and a drop in unsold inventory levels across the top residential markets in India (as compared to H1, calendar year 2015). As the […]
The RoB which is coming up at the junction of sector 100 and 37-D at Basai village will fill a crucial connectivity gap on the 18-km-long Dwarka Expressway. The much delayed Railway-over-Bridge (RoB) at Basai on Dwarka Expressway is expected to be completed in next two months. Major construction work including slab over the railway […]
Those With Rs 12-18L|Yr Pay To Get Subsidy Those with annual income of up to Rs 12 lakh in urban areas would soon be eligible for 4% rebate in interest for a home loan up to Rs 9 lakh while 3% rebate can be availed on Rs 12 lakh loan by those who earn up […]
Home loan rates have fallen to their lowest level in six years with the State Bank of India, the country’s largest lender, cutting the effective rate to 8.6% from 9.10%. While the SBI cut its one-year marginal cost of lending rate (MCLR) — the benchmark to which home loans are linked — to 8%, against […]
The transitional slowdown in demand which we witness as an after math of series of reforms has nothing to do with the huge pent-up demand for housing in India. With the new Government at the centre, we have been witnessing series of radical and transformational reforms – Demonetisation, Real Estate Regulator Bill (RERA), FDI relaxations, GST, Benami Transactions […]
In the immediate aftermath of demonetisation, prognosticators were quick to warn of a collapse in prices across the Indian property market. This idea has been reinforced to some degree by reports, accurate or not, of a dip in the interest level of potential buyers of residential properties. But a thoughtful analysis based on long-term trends, […]