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NEW DELHI: Housing regulator, NHB, which is awaiting USD 500 million loan from the World Bank for low cost housing, today said property prices would rise in the next one year, but that would result in correction in these rates in all the metros subsequently. “In the next one year, property prices would be moving northwards... 

Indian retail juggernaut, which began rolling towards smaller cities and towns a few years ago, has gathered momentum as retailers are now going whole hog to make a killing. Changing demographics, higher disposable income and improved agri-produce realisation have made smaller cities and rural areas the future hotbeds of... 

The Reserve Bank’s decision to raise its key short-term rates will not have any impact on the realty sector, a top industry player said. “Presently in the real estate sector, demand is exceeding supply, so I see no problem,” Godrej Group’s Chairman, Adi Godrej, told reporters at an event organised by the Gujarat Institute... 

India will face shortage of over 26 million houses by 2012, which would lead to spurt in housing prices as demand-supply gap widens amid rising purchasing power of the middle class people, a consultancy firm has said. “With India back on a high growth trajectory, demand for commercial and residential space is likely to witness... 

About a year and a half ago, recession in the city realty market had builders and buyers alike, worried. However, about a year since the first signs of recovery in June 2009, realty in Ahmedabad is back and booming. In fact, property prices in the city have inched up by nearly 35%. The high economic growth and rate of urbanisation,... 

About a year and a half ago, recession in the city realty market had builders and buyers alike, worried. However, about a year since the first signs of recovery in June 2009, realty in Ahmedabad is back and booming. In fact, property prices in the city have inched up by nearly 35%. The high economic growth and rate of urbanisation,... 

New Delhi: The income tax department on Thursday conducted raids on two real estate firms—Paras and Amrapali group—seizing over Rs 26.5 crore This post was submitted by Mudit Agrawal. Read More →

Home seekers are always advised to make sure that the sale/purchase agreement is in the prescribed form, while entering into an accord with a builder. This post was submitted by Harshit Agrawal. Read More →