NAREDCO President said prohibition on advertisements in the ongoing projects will hit industry
Real estate investment volume in the region is expected to hit $611 billion this year
Business Standard brings you a snapshot of average current rates and unit sizes in localities
Godrej Properties, Oberoi Realty and Sobha posted healthy profits in Q4
With prices remaining stable or moving up very slowly, home loan rates plummeting
However, on year-on-year basis sales figure was lower 5%
Snapshot of current rates, unit sizes in localities that offer property in Rs 1-1.5 cr price range
In a recent interview, Keki Mistry, chief executive at HDFC said it is best time to buy a property
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Japan's Mitsubishi Group is also expected to get active in real estate investments in India
Advantage of purchasing home there is affordability, base price ranging between Rs 3,870-4,500/sq.ft
At 09:53 am; the Nifty Realty index was up 2.8%, as compared to 0.51% rise in Nifty 50.
Only 13 states and union territories have so far notified rules
India continues to hold its position as the world's fastest growing G-20 economy, says report
Total sales increased from 43,500 units in Q3 to 51,700 units in Q4 in FY17
Developers who have not given possession of houses fear action if law is enacted retrospectively
Malleswaram has witnessed rapid real estate development
Real estate investors are shifting to pre-leased commercial assets from residential properties
In 2010, real estate companies fell 26% and in subsequent year, they fell another 52%
Real estate stocks are seeing increasing investor interest after the Budget announcements on affordable housing. The Nifty Realty index gained the most in the past three months and one month, with returns of 30.21 per cent and 9.18 per cent, respectively. Infrastructure status means that those constructing projects in the segment would be able to raise loans at a cheaper rate, akin to other infra projects. A lower cost of funds could translate into lower cost for houses.Stock market analysts, however, say that investors should stay away from the sector. "We feel that the industry is headed for a big crisis in the next 18-20 months. Sales are at their lowest in the past many years. Inventory levels are high. The prices are unaffordable for buyers. There's a slowdown in the industrial sector and employees in many industries are staring at job losses," say G Chokkalingam, founder and managing director at Equinomics Research & Advisory. He points out that inventory levels at present ..