If you have been vying on that dream home for a long time but were waiting for the right time, it has arrived! In the 2016 Union budget, the Finance Minister has proposed an introduction of additional deduction on interest for home loans up to Rs 35 lakh, with a rider that the value of […]
real estate industry in india Archive
March 11, 2016 10:00 am
Rs.1600 crore raised by Kotak Realty for investing in residential projects
With a view to invest in residential projects across six cities over the next 3-4 years, Kotak Realty Fund has raised Rs.1600 crore from institutional investors. The private equity firm of Kotak Mahindra Group will be investing in residential projects in the six major cities of Mumbai, Delhi, Bengaluru, Pune, Hyderabad and Chennai. Talking to […]
March 3, 2016 11:00 am
Budget 2016 will boost demand for affordable homes
Homes up to 30 sq metres in metro cities and 60 sq metres in other cities which fall in the affordable segment make up for 90% of the demand for houses in India. Several announcements in the Budget 2016 are likely to stimulate growth in demand for affordable housing. Real estate experts say the exemption […]
January 22, 2016 6:00 pm
Demand in real estate will reach around 1.35 billion sq ft by the end of 2020: Bain Report
According to report of Bain, real estate consulting firm, “The demand in Indian real estate market for organized segment can reach up to 1.35 billion sq ft by 2020, however; currently, it is around 880 million sq ft and out of this 85 percent is for the residential real estate”. As per report of Bain […]
December 12, 2015 10:00 am
To buy or rent house Mumbai and Delhi/NCR are among costliest city, whereas; Ahmedabad and Hyderabad are among the cheapest city: Report
In past few years, Pune and Mumbai have seen aggressive growth in term of property prices since year 2012 by 49.97 percent and 73.91 percent respectively, whereas; the second most pricey real estate market was Delhi/NCR as it was observed that in Delhi/NCR the marginal price rise was 9.13 percent since year 2014. According to […]