Realty axis

Puzzle

admin — Sun, 05 Feb 2012 08:32:46 +0000

Why are the banks financing twice on same property – Once to builder / another time to end user…

In case of default by builder or end user , bank will get the same asset. It is just fueling the real estate bubble. If builder defaults , he has not much to loose. Bank gets [...]

Property week

admin — Mon, 30 Jan 2012 11:25:44 +0000

Real estate prices remain firm in the face of falling demand‎ Cut interest rates to boost housing demand: realtors‎ Business Standard Builders seek tax exemption for affordable housing‎ Mumbai homes sales down 30% in Oct-Dec, at 3-year low‎ Around 44% housing units under Rs 3.5mn unsold in India‎ Realty firms start mega asset sales‎ Luxury [...]

China’s Ghost Town

admin — Mon, 30 Jan 2012 06:16:28 +0000

China has 64 million flats empty – no one to live in ghost town – one example is in link

http://www.time.com/time/photogallery/0,29307,1975397,00.html

Mumbai property: Will prices fall in 2012?

admin — Sat, 28 Jan 2012 01:58:59 +0000

Here we go again: more predictions about residential property prices in Mumbai — the most expensive property market in the country — coming down in 2012.

This time, it’s from Bank of America Merill Lynch (BofAML), which forecasts that residential property prices in the city could fall by 15-25 percent over the next six months.

[...]

Construction Video Jan 2012

admin — Fri, 27 Jan 2012 14:57:03 +0000

PAN Oasis Sec 70 NOIDA construction update -2 Jan 2012

Mahagun Moderne Sector 78 Noida Jan 17

Amrapali_Platinum Sec 119 Noida JAn 10

www.youtube.com/watch?v=6HFxUVk1028

Gaur Sec 119 Noida Jan 10

Amrapali_SiliconCity Jan 17

Sec_76_Max_Royal.3gp Jan 17

Sec_76_Amrapali_Pricely.3gp Jan 17

Raheja Shilas Gurgaon Jan 6

Raheja Vedaanta : [...]

Mumbai’s Home Sales Decline to Three-Year Low as Record Prices Dent Demand

admin — Fri, 27 Jan 2012 02:41:41 +0000

Mumbai’s residential home sales dropped to a three-year low in the quarter ended December as record home prices and higher interest rates crimped demand, according to Liases Foras Real Estate Rating & Research Pvt.

Sales in Mumbai, India’s most expensive property market, fell 17 percent from the previous quarter to 7.59 million square feet, said [...]

Around 44% housing units under Rs 3.5mn unsold in India

admin — Thu, 26 Jan 2012 06:06:43 +0000

Leading independent global property consultants – Knight Frank India Pvt. Ltd. announced the launch of their database product “eyestate” that is jointly developed by Knight Frank Research and Indicus Analytics, India’s leading economics research firm. The product gives information and analysis of the residential, commercial and retail real estate market across the seven major metropolitan [...]

नोएडा एक्सटेंशन में अभी राहत नहीं

admin — Wed, 25 Jan 2012 04:06:53 +0000

ग्रेनो।। नोएडा एक्सटेंशन में काम शुरू होने में तीन-चार महीने और लग सकते हैं। ग्रेटर नोएडा अथॉरिटी के मास्टर प्लान 2021 को एनसीआर प्लानिंग बोर्ड, दिल्ली से मंजूरी इससे पहले नहीं मिल सकेगी।

बोर्ड के मेंबर सेक्रेटरी ने सोमवार को नोएडा एक्सटेंशन के बायर्स के साथ मीटिंग में साफ कर दिया कि मंजूरी में [...]

RBI cuts CRR,home loans to get cheaper

admin — Wed, 25 Jan 2012 03:51:54 +0000

Mumbai: Home loans and other loans to individuals and businesses are set to become cheaper with Reserve Bank of India releasing Rs 32,000 crore to banks through a half percentage point cut in the cash reserve ratio (CRR) on Tuesday,a step which is also aimed at driving growth.

The CRR,which is the level of deposits [...]

Real estate

admin — Tue, 24 Jan 2012 04:26:27 +0000

Expecting rebound, real estate companies Real estate prices remain firm in the face of falling demand ‎Real Estate: Positive surprise in Dec unlikely to sustain ‎Finance min studies high use of black money in real estate sector ‎Economic slowdown to help homebuyers drive a good bargain ‎Don’t over-invest in real estate ‎Want to remain leader, [...]