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Realty prices driven up by holiday homes

Chennai: The realty prices of numerous coastal locales and hill stations located within driving distance from the city have been increasing due to the desires of the upper-middle class families to own their personal holiday homes to serve as weekend getaways.   Absorbing an appreciation of more than eleven percent per annum, numerous holiday home locations […]

CommonFloor Editorial Team

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Largest ever infrastructure project of India

India’s largest ever infrastructure project entailing $100-billion – Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), going to begin work on the first city of Dholera in Gujarat. Dholera is a port town within the Gulf of Khambhat. The final phase would witness Dholera evolving into a 550 square kilometer city. In its first phase DMICDC will […]

CommonFloor Editorial Team

Land acquisition law a visionary policy

A legion of developers, home buyers, investors and others related to the real estate industry perceive the recently passed land acquisition law as an unviable legislation which would jeopardize the Indian industry by increasing the price of acquiring land manifold. However, such perceptions can actually be rested. The industry does not require the capability to […]

CommonFloor Editorial Team

Reasons for the decline of realty stocks

In India, the realty segment is among the most preferred investment options. However, the stocks of real estate companies have been taking a beating. For example, the value of investments made within the Bombay Stock Exchange’s (BSE) realty index during October 2009, when it was touching its five-year peak would in today’s date be down […]

CommonFloor Editorial Team

Navi Mumbai Airport Delay Hurts Realty Market

Mumbai infrastructure projects seem to be running into endless deadlocks and delays. After the Mumbai Trans-Harbour Link and the Mumbai metro, it is the Navi Mumbai airport which has run into trouble again. The growing uncertainty over the proposed Navi Mumbai International Airport has shaken the real estate scenario in Navi Mumbai. New projects which […]

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