According to the latest report from Liases Foras, a real estate survey firm, 1.65 lakh housing units are lying vacant in the Mumbai Metropolitan region. The percentage of vacant flats has gone up by 73%. DNA, 1 week ago
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Weighted average price per square foot saw a 2.10 per cent decline, according to the report by Liases Foras, a property research and consultancy firm. Property prices in the Mumbai Metropolitan Region (MMR) dropped by the maximum among leading ...Indian Express, 2 weeks ago
in the top six cities of India rose 2% sequentially in the quarter to March but were down 8% over the year-ago quarter, according to data from property research firm Liases Foras. On a year-on-year basis, home sales fell 37% in the National Capital Region ...Economic Times, 2 weeks ago Property sales continue to be soft in top cities but Mumbai saw huge launches in Q4 VC Circle, 2 weeks ago
Mumbai: Indian builders struggling to sell homes amid mounting debt face a new hurdle: reluctant bankers. "There's a lot of demand from builders and commercial real estate developers for loans," Ranjan Dhawan, Bank of Baroda's Mumbai-based chief ...Times of Oman, 1 hour ago Builders face double whammy as loans slow amid sales slump Livemint.com, 15 hours ago
If you own a house and it is unoccupied, you may soon have to pay a new tax—the vacant apartment tax— which will be double the amount levied on the property at present. The proposal in the state government's draft Maharashtra State Housing ...Hindustan Times, 9 hours ago
Real estate sales are falling. There has been a 50 per cent rise in unsold housing inventory between June 2012 and December 2014. The top six markets - Bangalore, Chennai, Hyderabad, Mumbai Metropolitan Region (MMR), Delhi-National Capital Region ...Business Today India, 10 hours ago
To push the piling inventory sell, the developers are using all tricks from the book. They have started selling the flat 10:90 or 20:80 scheme where the buyers has to pay only initial booking amount and remaining on the time of flat possession. ...DNA India, 19 hours ago
The country's biggest real-estate company represents good value with an 11% yield given its leverage ratio and land costs, Goldman Sachs said 19 May. Photo: Bloomberg Singapore: Goldman Sachs Group Inc. has put Lodha Developers International Ltd ...Livemint.com, 3 days ago Goldman Puts Indian Builder With 11% Yield Among Junk-Bond Bets Bloomberg, 3 days ago
By Vivek Kaul Economic analyst 21 May 2015 From the section India Some 12 million houses in India are lying vacant, according to one estimate If you travel through the suburbs of the Indian capital, Delhi, you will see miles and miles ...BBC, 4 days ago
A couple of weeks ago, Subrata Roy, founder chairman of the Sahara group, called his top officials to a meeting in a swanky conference room with leather-lined chairs and a 42-inch LED screen. Clad in light blue shirt and trousers, Roy reviewed ...The Week, 1 week ago
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