Latest Answer: Hi.
The property Market in Delhi NCR is expanding. One can understand on the basis of International Developers movement. For eg. Risland is coming up with a project is Delhi South by the name of Sky Mansion. Gurugram is witnessing projects by developers like Hines, Sumitomo Corporation, Emaar Group and many more. One can understand mulit million dollar investment is already in process and sales have seen an upgraph. These are certain positive signals what one can look into.
Latest Answer: Hi folks,
They are very skilled people and they know that If the property is transferred and then sold, then the relative can send back the money to the US citizen. He can send around $2500000 (Rs.16.6 crore)/annum. In cases where the property is not transferred, the cash could be kept in a separate account or tax paid on the amount received through the cheque.
Latest Answer: But still the speed of sales may not pick up in the next 3-4 months. Some purchase can definitely be witnessed in projects where the price is right and which are being developed by builders with a light performance track record.
Q:As per the top company official, RPMS, part of Reliance Capital Asset Management, is planning to raise over Rs 1000 crore from the domestic market to invest in real estate projects across the country.
Latest Answer: Yes, and we all know that demand for financing from real estate developers has been on the rise in the backdrop of inactive sales. The current story of realty market has offered an opportunity for private equity players and non-banking financial companies to invest in realty projects and bargain for better returns.
Latest Answer: Last month, JLL Segregated Funds Group had partly way out from its 1st investment made through this first fund clocking a 30% Internal Rate of Return (IRR) in less than a year's time. The fund had invested Rs 24 crore in a premium residential project of Bengaluru-based Assetz Property Group in February 2014.
Q:After a slow 2014 marked with falling housing sales and high costs, developers are betting on lower borrowing costs and economic improvement for a turnaround in the real estate market in the new year.
Latest Answer: Developers are expecting that reduction in interest rates and higher economic growth would be critical for revival in property markets, especially housing. At the end of the year, the government notified its decision to relax FDI policy for the construction and real estate industry by easing exit norms as well as reducing the built-up area and capital needs.
Latest Answer: Real-estate experts further estimate that over 50,000 under-construction residential units in the western areas of the city will generate additional pressure on home prices in the city.
Latest Answer: No, We cannot say its all governments policies which are slowing down the progress of the real estate. The builders also have to take proper strategy for completion of the projects. Its completely a builders decision how they will manage the fund flow for running projects and investing on new projects.
Q:In Greater Noida the property market has taken a turn towards its growth. It is just because of the F1 race happened in the city. It is expected that within six months there will be a big boom in the resale value. Is it true that because of F1 the property market is growing in Noida?
Latest Answer: It is said that F1 has drawn attention to the infrastructure and also left an impact in many developers mind, may be the imapct is not immediate but the medium is for long term slowly and steadily it is taking up the speed and in near future many companies will come in Noida. F1 is one such value added things. But the impact F1 has left is soon going to become history.