A survey by Track2Realty has found that Indian home buyers are more interested in buying ready-to-move in properties rather than new and incomplete projects. The survey targeted the upper and middle class home buyers in 10 cities including Mumbai, Delhi, Bangalore, Calcutta, Ahmedabad, Chennai, Pune, Kochi, Patna and Chandigarh.
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Slow sales and a glut of properties are set to hamper the residential real estate market in Mumbai, India, and prices could fall by a further 30% according to analysts at Bonanza Properties. The glut is likely to extend into 2013 as steady streams of new developments are launched
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Rents for quality residential accommodation is on the rise in India. Therefore, many people choose to buy property rather than renting one. Usually, the rent that one pays is roughly equal to an EMI that one would pay (in some places though rent may be lower…), if he chose
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Who would have thought the solution to U.S. real estate crisis (which btw spiraled into a global economic meltdown) would lie in an age-old marketing technique used by retailers of all shapes and size. Yes, the oh-so popular ‘Buy 1, Get 1 Free’ Ok, I digress. But I am
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Whether to buy or rent a house in India is a debate that is going to hit you like a rock some time or the other in your life. We know that this question is not easy to get an answer for, because a lot depends on your individual
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Buying land in India for investment or for living is considered to be a major move financially and emotionally. Before you invest a huge chunk of your savings in a scheme that looks attractive or in a piece of land which looks it’s going to boom in the next
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A recent study by Mercer’s 2011, Cost of Living Survey claimed that New Delhi (rank 85) is India’s most expensive city followed by Mumbai (rank 95). The Brihanmumbai Municipal Corporation (BMC) seems to have been taking steps to improve Mumbai’s rank and have designed a new policy which will
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If you are looking for a office space in Hong Kong, be ready to shell out more money than any other country in the world. According to global realty consultant Cushman & Wakefield, Hong Kong tops the list for most expensive office space in world, while Indian city of
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It is said that economic imbalances are a major source of crisis. Moreover, certain imbalances are so hyped with over-exuberance, that only bearish recessionary situations can dampen the spirits and correct the frothy build-up that developed into the system. However, once the recession has deepened its clutches, it is
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The world may have overcome the economic recession the world over. But its aftershocks still linger on. The recovery seems to be coming in the backdrop of fragile consumer confidence as well as poor availability of finance for businesses and consumers. Therefore the Cushman and Wakefield survey of the
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