Mumbai remains the top favourite of property buyers, reveals a recent survey. The survey, conducted by a private portal included a 2,583 strong sample of 40 percent respondents in the 25-35 age group and the rest above the age of 46 year. One-third of the respondents felt that the time is right to make a […]
Real estate Archive
August 16, 2014 11:28 pm
Industrial units turning into plush residential towers
Faced with depleting revenues due to the economic slowdown and rising inflation, industrial units around Mumbai, Thane, Pimpri Chinchwad are diversifying into the real estate business to develop additional sources of income. Many companies are converting their land holdings from industrial to residential purposes. For example, so far the Pimpri Chinchwad Municipal Corporation has converted […]
August 14, 2014 7:40 am
Few tips to prepare a home for sale
Real estate market is blooming and has the best prospect now and may be in future as well. People have always been looking out for their dream home. As monsoon time is about to over, so this will be the high time for real estate market in Mumbai. There are so many properties and houses […]
August 9, 2014 2:06 am
Real estate players raising capital through NCD
Real estate players are now resorting to the issue of non-convertible debentures (NCD) to raise the capital. Recently, Intime Properties, a part of the K Raheja Corp group raised Rs 340 crore through the issue of non-convertible debentures with a fixed rate of 9.95 per cent. According to a statement issued by the real estate […]
August 8, 2014 7:27 am
Public sector banks allowed to monetize their real estate
In a major development, the finance ministry has allowed the public sector banks to use their real estate to raise money from the market through Special Vehicle Purpose (SPV). Most of the properties which would give handsome gains to banks are situated in metropolitan areas such as Mumbai, Chennai and Delhi. G S Sandhu, the […]
August 7, 2014 3:20 am
RBI keeps interest rates unchanged…
Reserve Bank of India (RBI) left key interest rates intact as previous in its 3rd bi-monthly monetary policy review, so the EMIs (equated monthly installments) for automobile, home and other loans would remain unchanged. Several sectors such as; real estate, automobiles and other have been struggling to keep up sales or profit due to high […]
May 30, 2014 3:05 am
House for Each Family by 2022 – Modi Government’s Target
On its 75th Independence Day every Indian should have a house for their family by 2022 – A dream of Modi government for its countrymen. But how feasible it is for this new government to meets its ambitious housing target? That time will only tell. To accomplish this dream government had already set initiatives of […]
May 16, 2014 9:01 am
Real Estate Stocks Expected to Rise with BJP’s Massive Win !
With the massive landslide win of BJP -led NDA headed by Modi in 2014 Lok Sabha Election, there is a sense of positivity in the buyer community. Other than the financial issues, Lok Sabha election result was the main reason behind delaying property investment by the buyers. For the first time saffron party has crossed […]