Real estate hopes for transforming Budget

Anticipating encouraging announcements in the forthcoming budget, the Indian real estate industry hopes that the new government will be able to re-establish the country as an economic force and boost consumer and investor confidence. With the new government now firmly in charge of steering the country, the Indian economy is perched on the threshold of recovery and growth. The serious issues that have plagued the sector for so long may now be...

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What NRIs need to do before buying property in India?

Non-resident Indians (NRIs) need to be vigilant and do their research before buying a property in India, says the exhibitor of a property show. “One looking to buy a property in India must do his research well before investing in a property though the chances of being ripped off are much lower these days,” Sunil Jaiswal, CEO, Sumansa Exhibitions, organisers of Indian Property Show, told Emirates 24|7. “You have the internet; you can...

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Sikka & IHG announce agreement to open Crowne Plaza Hotel in Noida

Sikka Group is one of the largest Real Estate Developers and Promoters in Delhi NCR, Meerut and Dehradun which has left no stones unturned over 3 decades with their extraordinary building structures and timely project delivery. Established in 1986 by Mr. Gurinder Singh Sikka (CMD -Sikka), we tender the most diversified product mix comprising of commercial & residential property, Hotesls, Automobiles, Education, Media Business and filling Stations. Recently,...

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The Mumbai Metro – A New Turnaround in Real Estate

By Ramesh Nair, COO - Business, JLL India  Several years after New Delhi, the country's political capital, witnessed a transformation with the implementation of the Delhi Metro, the financial capital of Mumbai is set to experience a similar phenomenon with the imminent commissioning of the Versova Andheri-Ghatkopar (VAG) corridor of the Mumbai Metro. With equity participation from Reliance Infra and Veolia (a French transportation major),...

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Delhi-NCR witnesses stable housing prices in January-March

Average housing prices remained stable in the national capital region (NCR) during January- March period compared with the previous quarter on low demand, according to real estate portal 99acres.com. The report focuses on buying and rental price trends in residential real estate across 7 major cities of India.  "Prices per square foot in Delhi-NCR region have remained unchanged in Q1-14 as compared to Q4-13. On the other hand, an...

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Modi's mantra of hope for real estate market

The new government promises to aggressively promote affordable housing. Property is once again going to become the most popular investment option, as there will be significant appreciation in real estate prices on the heels of higher demand in the coming years. Santhosh Kumar JLL India  For the common man of India, the dream to own a house will soon turn into reality with the Narendra Modi-led NDA government taking charge. Issues...

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Split boosts Telangana, Andhra Pradesh real estate sector

Real estate transactions in coastal Andhra and Rayalaseema regions, which had been sluggish for the past year, have picked up since March 2014, after the AP Reorganisation Bill was passed in Parliament.   In the Telangana region, where the business has been moderate for the past 18 months, it has begun to pick up fast in Hyderabad, Ranga Reddy and Nizamabad districts. Figures from the Seemandhra stamps and registrations department indicate...

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