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Indian Real Estate – Destination Pune Townships
Indian real estate players are looking for more innovative ways in order to boost their sales, and one of them is the idea of making integrated township. And Pune is the city where lot of integrated township proposals are maturing. All this is set to completely change Pune's landscape and would mean a new lifestyle for lakhs of people who can afford to buy these living spaces.
Unitech revising prices for future projects
With the recent spurt of demand in the property market, the days of pre-launch booking for investors is back. CNBC-TV18 has learnt Unitech the country's second largest real estate developer is now selling apartments in its Mumbai project to potential investors, ahead of its launch, at a whopping 75% upfront payment.
Feel good factor back for Indian realty industry!
The realty industry has finally learnt the lesson that it's not freebies that attract buyers. If a project is on time, pricing is correct and the procedure transparent, buyers will always be there in the market. If a project is viable with realistic pricing and deadlines, there is no dearth of buyers. Seeing buyers, developers have started planning new projects -- evident from the number of advertisements that have started reappearing in newspapers.
Indian Real Estate – Affordable Homes a myth or reality!
Indian real estate prices across the country are 10-25% lower than their peak in early 2008. Bank interest rates are lower. Still, the vast majority of the exploding middle class, which aspires to own a home, is not taking the plunge. According to prospective home buyers, properties and loans are still expensive for them. Homes are still not affordable.
Mumbai Property Developers offering discounts on New Launches
If you're looking to buy a home, this holiday season could give you that chance and more. That's because some developers are bending backwards to please you. For starters Ma Builders in Mumbai offers a free modular kitchen in NG Sun City, a residential project in Kandivli. Lodha developers will give you a discount of Rs 100 per square foot at their Thane property. And Evershine builders and Mantri group are waiving stamp duty and registration fees on the property bought in some of their projects
Indian Real Estate – Affordable Housing
The Indian real estate scenario is getting interesting day by day, especially that in the residential sector. Builders and developers who were earlier into the premium segment of housing have realised that one of the ways to beat the recession blues is to cater to the middle income group. This is one segment of the population that could not afford their dream house earlier because of very high prices.
Real Estate on path of recovery
The Asia-Pacific region continues to move in a forward motion as far as real estate is concerned and the trend is going to continue, according to the recent survey conducted by some top ranking companies. India's realty sector has maintained strong resilience in the recent financial crisis, despite slowdown in demand.
Indian Real Estate - Prices moving up
Residential real estate prices are going up. In the last three months, prices of affordable apartments have appreciated by around 10% across the country. "With improvement in the sentiment in the economy, transactions in the affordable range of residential real estate have gone up.
Property Rates to Increase in Gurgaon & Faridabad
People looking to buy property in Gurgaon and Faridabad may have to fork out an extra 'charge'. With Haryana deciding to levy an infrastructure augmentation charge on developers — if they want to get full or partial completion certificates — chances are that the same will be passed on to buyers.
Real estate developers hope to cash in Festival Sales
It is Festive season and real estate developers are looking to cash it in. Many property developers are planning to launch new projects during this period. The festive season, which usually begins late September with the Hindu festival of Navratra and continues up to Christmas, often sees higher sales of property. According to Mumbai-based Lodha Developers director Abhisheck Lodha, property firms usually make 30% of their sales in one-and-a-half month between Navratra and Diwali.
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