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Tag Archive | "apartment"

Ground reality: A weekly round-up of some big-ticket city deals

Friday, February 12, 2010

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A weekly round-up of some big-ticket city deals MUMBAI A high residential apartment spread across an area of 3,780 square feet in an upcoming landmark building at Altmount Road in South-central Mumbai, was sold at a total cost of Rs 1,80,00,000. The location is one of the most highly sought-after destinations and is home to many prominent [...]

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Realty treat on Hills: Homes offer resale & rental returns

Monday, February 1, 2010

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Picture a perfect holiday setting, serenity all around you, leisurely living and slipping into a stress-free zone. Won’t you then just love owning a holiday home which takes you to another world altogether? Owning a home in the hills or in a location nearby which is calm and serene can be the perfect retreat. Moreover, [...]

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BUYER, BEWARE! - Safe in a society

Saturday, November 7, 2009

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With property prices beyond the reach of a majority of Delhiites, many prefer to go in for a group housing society. The benefits are numerous — the flats are in a complex with good security arrangements, water, electricity back-up, and common infrastructure availability like lifts. You also have the added benefit of assured parking space. However, [...]

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Are your freehold property papers in order?

Saturday, August 29, 2009

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The pre NavratraDusshera-Diwali spell is a busy period for buyers and sellers of properties as also the real estate agents ­ who are only too happy to have deals clinched for extracting their pound of flesh. This is the time of the year when people start their search for property in an attempt to finalise the [...]

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DLF operating margins not hurt as much as net earnings

Monday, May 4, 2009

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DLF operating margins not hurt as much as net earnings New Delhi: India’s top realty firm by market value, DLF Ltd has protected profitability of its operations in the year gone by, despite reporting shrunken revenues and net profits for fiscal 2009, an investor presentation made by the Gurgaon Realtor shows. The firm, which posted a 41% [...]

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Realistic prices boost flat bookings, show revival hopes

Friday, May 1, 2009

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EARLY SIGNS of deal-making in apartments during the first quarter of 2009 show a possible revival of demand in the real estate sector, say some analysts. A study conducted by real estate research firm Prop Equity in Mumbai, Bangalore, Chennai, Hyderabad and Gurgaon says absorption has [...]

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Luxury realty in the time of global economic downturn

Wednesday, April 29, 2009

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Real estate analysts are not sure how this niche clan of developers will survive if the downturn continues and they are pushed to scramble for cash Bangalore: Kamal Sagar hasn’t stopped shopping for marble in the hills of Bottichino, Italy, for Windmills Of The Mind—a luxury residential development overlooking a lake in east Bangalore. The 20mm [...]

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Demand back for ready homes, cautiously

Thursday, April 23, 2009

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Waning demand for under-construction projects will result in fewer apartments being ready for occupation in two-three years. Bangalore/New Delhi: Ashish Sharma, a first-time homebuyer in Bangalore, India’s tech capital, has begun house hunting with a budget of Rs30 lakh. A software professional in his late 20s, he and his wife have made up their minds on [...]

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Puravankara faces sales, cash flow challenges

Tuesday, April 21, 2009

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Puravankara’s current projects account for a major portion of its Rs757 crore debt Mumbai: Bangalore’s Puravankara Projects Ltd has said its outlook for sales in ongoing projects are far from optimistic, largely in line with a slump in India’s realty sector following an economic slowdown. “Puravankara, as distinct from Provident, has not seen sales that may make [...]

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2 housing projects for elderly to come up in the suburbs

Friday, April 17, 2009

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Chennai: While neglect of the elderly is a growing concern in Chennai, two city builders — Akshaya Homes and Alliance Group — have come out with exclusive apartment projects to cater to their special needs. Chennai’s elderly population (9% of the city population) is the second highest among all cities. Kolkata tops the list with 10%. [...]

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A piece of peace: Real estate in Religious destinations

Monday, April 6, 2009

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More and more Indians want to have homes in religious centres. Whether it is the peace of Vrindavan, the serenity of Haridwar or the tranquillity of Shirdi—devotees want to be very close to their place of worship. But while developers seem gung-ho about buyer activity in these places, experts are of the view that religious hubs have [...]

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Buying a house? Quote your price

Thursday, March 26, 2009

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Will real estate prices fall further? Do builders have the financial muscle to complete ongoing projects? Should I hold my stocks in real estate companies or sell? These are the questions on everybody’s minds. And answers are unfortunately hard to come by. As a buyer, one would want to save the last penny. But it is [...]

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Apartment glut forces builders to slash prices

Friday, March 20, 2009

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MORE THAN half the residential apartments already built or under construction in key markets across India remain unsold, according to a report by a Mumbai based real estate research agency Liases Foras. This is due to high realty prices which forced buyers to stay away from the market over the last two years. According to the report, [...]

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Invitation to NRIs, for buying residential and commercial properties

Friday, March 20, 2009

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The dip in the internal demand in the region is forcing developers to aggressively pursue NRIs buyers for their residential and commercial projects. The NRI investor was one of the major factors in the realty boom witnessed in the region two years ago. He did not only drive up the demand but also invested in [...]

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