Posts Tagged ‘real estate sector’

NCR Delhi – future perfect

NCR POISED FOR IMPRESSIVE GROWTH

29 Jan 2011

The Delhi NCR is poised to continue as one of the fastest growing regions, both in per capita as well as population density, and is well placed for investments in industrial, commercial and residential development. SANJEEV SINHA writes

Spurred by positive factors like a buoyant economy, rapid urbanization, improvement in affordability and access to finance the nation's property market seems to be bouncing back again, which is evident from a flurry of activity witnessed in the realty sector like rising sales, new launches and the appreciation of property prices in different regions – including the Delhi NCR region.

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Realty could slow down due to price and interest rates

10 Jan 2011

Housing demand to slow down on higher price and mortgage rate

New Delhi, Jan 10 (PTI) Housing demand is likely to slow down due to higher prices and increased home loan rates in the current year, rating agency Fitch said today.
"The higher prices combined with the increase in interest rates on mortgages in 2011 is likely to slow down growth in the residential segment," Fitch said in a report referring to demand and sales.
After a huge slump in 2009, real estate sales zoomed on in 2010, driven by pent-up demand for homes, particularly in the affordable housing segment. The trend was witnessed throughout the country.
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Tips on finding right property broker

 Jan 11 2011

Get your broker to earn his commission

Brokers are supposed to provide a host of services, apart from just showing you a house. Before signing the cheque, ensure they deserve i

Think of buying a house and it’s not just the price of the property you need to consider. There are other big-ticket expenses such as paying the stamp duty and the brokerage. Striking a property deal without a broker is difficult. But the broker’s responsibility doesn’t just stop at introducing the owner and the buyer. Though the unorganized real estate sector leaves the responsibilities of the broker unclear, a broker’s job doesn’t end until you have moved into an undisputed, clean house.

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NCR-Delhi: Realty Trend for 2011

Residential market looks up

DHNS, 31 Dec 10

What defines this year in terms of real estate? The RBI seeing red over the teaser home loan regime, its move to tighten the flow of 'easy money' into the real estate market or the residential sector spearheading recovery of market economy…DH Realty looks back.

A good year for residential sector, not a full recovery for the commercial sector, status quo in terms of Bangalore’s infrastructure…That has been the story of the year gone by for the real estate sector.

According to a survey by makaan.com, “the year 2010 can be considered a mixed year for the Indian real estate sector. The industry displayed some positive signs of revival with homebuyers and investors coming back to the property market on the back of a higher consumer confidence and the promise of sustained GDP growth. This lead to hardening of the property prices in the beginning of 2010. The home prices moved up at a brisk pace during Oct 2009 to March 2010. The sudden and steep rise in prices created a fear in the mind of the genuine homebuyers and they adapted a wait and watch approach during the second half of 2010.”

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