Bangalore city is witnessing rapid rise and fall in property prices! The present real estate scenario in the city has gone unpredictable. With the launch of many luxury housing projects, Sarjapur road in Bangalore has witnessed property prices rise of more than 5 percent. Whereas, areas like Electronic City, Yelahanka are witnessing stability in property [...]
Property Prices
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Bangalore real estate goes unpredictable!
Thursday, May 10th, 2012Bangalore Kingfisher Towers to be the Highest Residential Capital Value.
Monday, May 7th, 2012The real estate trend of the Silicon City of India has been witnessing a drastic increase in the property prices. The real estate prices have touched the peak by about Rs. 33,000 per sqft. This property price was said to have been tagged to the upcoming apartment at the Kingfisher Towers also known as the [...]
Average flat in Mumbai costs Rs 2.60 crore!
Monday, April 30th, 2012The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...]
Homebuyers expecting reduction of apartment prices
Friday, April 20th, 2012It is revealed by a survey that the home buyers in Mumbai are expecting a reduction in the cost of the properties in Mumbai. For coming out from the stagnant situation and to increase the absorption rate, the local builders have started to reduce the cost of the properties. Builders of suburb Mumbai are not [...]
Experts think property price may not reduce
Thursday, April 19th, 2012Though the Reserve bank of India has reduced the key interest rates by 50 basis points, experts think, the decision is not adequate to make housing loans affordable. The property advisors says that, ‘it is unlikely that property prices will come down because of this rate cut, and it is the price of properties that [...]
Property prices increases with new infrastructure project
Tuesday, April 17th, 2012The property values in and around Panvel, Kharghar, Ulwe, southern parts of Navi Mumbai and Mumbai’s eastern corridor has been increased considerably after the announcement of the construction of an international airport in Navi Mumbai. It is a fact that a scheduled infrastructure project leads to an increase in the value of property in its [...]
New tax proposal on Vacant Land
Monday, April 9th, 2012The planning commission has suggested to introduce new tax rule on vacant land. In a draft proposal the government wants to implement vacant land tax to generate revenue for urban infrastructure. In the draft it is proposed to charge the tax of 0.5% of the total value of the land. The government has noticed that [...]
Floor space index favoring MIG and LIG in Chennai
Friday, April 6th, 2012The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...]
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