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, […]
After demonetization of high-value currency notes, Prime Minister Modi is all set to crack the whip on benami property holders. After demonetization of high-value currency notes, Prime Minister Modi is all set to crack the whip on benami property holders. He has already hinted at this so many times and even today, making his last […]
NRIs have an advantage in luxury property market in India post-demonetisation as real estatedevelopers in major cities of the country have ‘significantly’ dropped property rates, according to Singapore-based business analysts. “Given the recent demonetisation move, property rates have significantly dropped across various cities in India,” said Abhijit Ghosh, India Desk leader at PricewaterhouseCoopers (PwC) Singapore, […]
There has been unwarranted fear mongering in the country post the announcement of demonetisation. However, if we take a long term view on issues, demonetization will help bring a positive change in the real estate sector. While the industry will stand to gain from the shift towards a more transparent and organised environment, there are […]
This 18km-long expressway, after being declared a national highway, has started gaining a lot of prominence among buyersAREAS INCLUDED: Sectors 37C, 37D, 99, 99A, 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 110A, 111, 112, 113, 11 14, and 115 CURRENT STATUS OF THE CORRIDOR: The Northern Peripheral Road (NPR), commonly known as […]
Excellent connectivity, existing infrastructure, plus projects by some renowned developers have made the area a new destination for end-users Nestled on the foothills of Aravalli Range, South of Gurgaon has of late emerged as a new realty hotspot. Excellent connectivity, already built-in strong infrastructure, plus projects by some renowned developers have made the area a […]
Amidst a slowing global economic sentiments, the Indian economy is by far the only major economy across the globe, that is expected to give commendable growth statistics. According to the estimates by IMF, India will demonstrate a GDP growth of 7.6 per cent in 2016 and 2017 respectively, ahead of China, USA and other major […]
India is becoming the world’s new investment destination as it has favourable investment climate due to the government’s efforts towards ease of doing business, high economic growth rate, availability of skilled work force and better credit rating, Union Minister M Venkaiah Naidu said on Sunday. Addressing a delegation of an investors’ association, he said many […]