EHL India

03/09/2013

Property prices up by 15 per cent in Delhi-NCR: Report



Property prices have increased by an average 15 per cent in the Delhi-NCR during April-June quarter of this fiscal against the year-ago period, according to a report. In Delhi-NCR, Gurgaon Sector-54 saw the highest appreciation in property prices of about 87 per cent during April-June 2013 over April-June 2012, the company said in a statement. “Delhi-NCR region continues to witness an increase in property prices with 15 per cent year-on-year property appreciation seen in Q2-13 when compared to Q2-12 ...

NEW DELHI: Property prices have increased by an average 15 per cent in the Delhi-NCR during Apri-June quarter of this fiscal against the year-ago period, according to a report. ...

03/09/2013

IT hiring push residential real estate in Bangalore



While the real estate market across India is witnessing a slow phase, the Bangalore real estate market is high in terms of demand and supply. This is due to the upward trend witnessed in demand for talent in the IT-Telecom sector in the last six months. According to the Jan-Jun 2013 RecruiteX, the Recruitment Index by TimesJobs.com, the demand for talent in the IT-Telecom sector in Bangalore has gone up by 34 per cent compared to the Jul-Dec 2012 period ...

Magicbricks.com Property Pulse - Find real estate industry news and property market trends

03/09/2013

Realty players use social media to tap Net-savvy NRIs



The depreciating rupee has turned out to be a blessing in disguise for big-ticket properties across India. With properties almost 30 per cent cheaper for non resident Indians (NRIs), real estate majors have stepped up their efforts, hitch hiking on social media and marketing premium deals to net-savvy NRI customers. The slowdown in the domestic real estate market has got developers turning to an alternative and cost effective marketing tool ...

Falling rupee makes overseas clients prime buyers of premium homes

03/09/2013

Developers take freeway route to sell their projects



Developers launching projects are using the Eastern Freeway as a marketing tool by highlighting the reduced commuting time to South Mumbai. With property prices in areas like Chembur increasing by 25% over the last two years, a report says areas closest to the freeway's entry and exit ramps will emerge as stronger locations ...

Developers launching projects are using the Eastern Freeway as a marketing tool by highlighting the reduced commuting time to South Mumbai.

03/09/2013

Hyderabad leads digitisation in real estate



Hyderabad is a centre of initiatives, especially for home buyers. The city is converting land records—one of the severe pain areas while authenticating ownership rights—into digital form. “The property registration procedure would also be online,” said C Shekar Reddy, president, CREDAI-Andhra Pradesh, adding, “the government wishes to put eGovernance in place – from birth to death ...

Magicbricks.com Property Pulse - Find real estate industry news and property market trends

30/08/2013

‘More’ is now Affordable



The Bangalore residential market has witnessed a spurt in larger 1 and 2 BHK units. Priced within the Rs 30-40 lakh segment these projects, according to industry watchers, are being developed keeping in mind the current market situation. “Several developers have been able to spot the problems plaguing the Indian and global real estate in advance and have planned six months ahead. These are the developers who are reaping the benefits today,’’ states Krishnappa Arjun Kamath, Proprietor, Anirudha Realties Consultant ...

Magicbricks.com Property Pulse - Find real estate industry news and property market trends

30/08/2013

Realtors ready to explore untapped market



Though the demand for studio apartments in the city cannot be compared with that in Mumbai or Delhi, there has been a steady upswing over the last few years. The changing trend has caught the attention of realtors and they are going all out to tap the potential ...

Though the demand for studio apartments in the city cannot be compared with that in Mumbai or Delhi, there has been a steady upswing over the last few years.

30/08/2013

SARE Homes eyes smaller projects, more launches



Real estate firm SARE Homes, part of London-based asset management firm Duet Group, has decided to build smaller townships than originally planned, double its pace of project launches and focus on mid-income housing as it attempts to scale up its business, a top executive said. The company, which ventured into India seven years ago with an aim to develop large townships of 50-100 acres, is now eyeing smaller 10-25 acre projects that will be easier to execute ...

30/08/2013

What’s the real cost of retirement homes?



Two years from his retirement in 2000, Hari Sundaresh, working at World Bank in Washington, decided to buy a house for himself and his mother back in India. At 58 years of age and with a 73-year-old mother to tend to, he chose a project specifically meant for senior citizens, which came with round-the-clock medical care ...

If you want to spend on comfort, be ready to face certain restrictions

30/08/2013

Developers vie for innovation to attract customers



Real estate has become a cluttered space. Real estate companies are coming up like mushrooms and every organization is vying to grab the customers’ mindshare. In this scenario, it has become imperative for developers to introduce products which are different and follow the pulse of the market ...

Magicbricks.com Property Pulse - Find real estate industry news and property market trends

30/08/2013

Upcoming metro to push property values up to 30% in Chennai



The two major factors that majorly impact the real estate market in India is either the inception of IT companies or the metro connectivity. Delhi-NCR got a face lift as the Metro forayed into the city. Bangalore and Kolkata faced a similar situation. And now, after tasting success in these cities, the Metro Railway is all set to change the landscape of Chennai ...

Magicbricks.com Property Pulse - Find real estate industry news and property market trends

30/08/2013

Housing prices begin to fall as slowdown bites



The rising interest rates, liquidity tightening in the banking system and slowing down of economy have badly affected the real estate sector. As the demand for residential real estate has softened, its prices across the markets in India have started showing a declining trend ...

The rising interest rates, liquidity tightening in the banking system and slowing down of economy have badly affected the real estate sector.