Q:
It is expected that the reduction in the banks' lending rate will lower the borrowing cost of builders and comfort the pressure on interest charges.
Latest Answer: A real estate agent thinks that not much has been done by banks towards increasing lending in the affordable housing segment and feel that the government and the RBI must instantly work for an instrument and set targets for banks to make sure increased lending for affordable housing projects and cheaper home loans.
Latest Answer: It's true and the government is concentrating on working with green contractors, separate from the brick and mortar ones. The projects will also be awarded on small stretches of 8-10 km. Pilot projects, to be carried out in each State, will first take place where there has been a good response from the local community.
Latest Answer: There are other positive signs too. Outsourcing companies have seen a healthy growth in the business with the devaluation of the rupee. That can be seen in the large amounts of office space that was leased in 2014.
If business development lead to IT companies hiring more talent and giving higher increment to keep talent, it will surely begin home sales.
Latest Answer: My apprehension is agents and brokers are pushing Ulwe as lower-to-medium income group node. The rates being charged are not in sync though. The current rates in Ulwe are 2800-3750. I've been at the locality, talking to agents, builders and alike this weekend. No project as of now is worth investing. But I'm afraid if I wait the price might go north.
Latest Answer: The deals which are being concluded includes two in Mumbai and one in Bangalore.The Mumbai deals include Boisa site and Nicomet site on the Andheri-Kurla road.Ans the Bangalore parcel include a site on Bannerghatta Road.
Latest Answer: Hi Kunal..Theme Ambience Constructions Pvt Ltd is an established company which has constructed many buildings since its inception. With over 27 years of experience, this company has contributed a lot in the housing industry in India. They have been successfully promoting many residential townships and projects in and around Hyderabad city.
Latest Answer: In Worli, Lower Parel and Prabhadevi areas, flats in the 2,000-3,000 sq ft category are going for Rs 19,000-25,000 per square feet. The going rate for 1200-1500 square feet flat in Thane is Rs 84 lakh to Rs 1.05 crore.
Q:
Hi, I’m planning to invest but is confused if i should postpone my investments plans. Please suggest which areas will see the price correction and which areas will see the appreciation.
Latest Answer: In Worli, Lower Parel and Prabhadevi areas, flats in the 2,000-3,000 sq ft category are going for Rs 19,000-25,000 per square feet. The going rate for 1200-1500 square feet flat in Thane is Rs 84 lakh to Rs 1.05 crore.
Latest Answer: I have heard that the said project may add worries in the South Mumbai real estate market as Ambani is a huge player in front of many. Also, it will add a huge track of land and also inventory.
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