Residential prices fell 9.1 pc in a year: Knight Frank report
s property market may not have seen any significant price correction, a recent report by property consultants Knight Frank shows that of 23 cities across the world, Mumbai has registered the maximum decrease in prices over the last one year.… Continue reading
‘Mumbai property prices spike 3.2%’
: There is bad news for prospective home buyers who have been waiting for a price correction to take place to book their dream homes.
A report released by Jones Lang LaSalle (JLL), a global leading real estate services firm,… Continue reading
Home prices to undergo a wave of high appreciation after six months: JLL
JLL
MUMBAI: Real estate consultancy Jones Lang Lasalle India (JLL) expects home prices to undergo a of wave of “high appreciation” after six months. Potential home-buyers have a small window of opportunity over the next six months to buy real… Continue reading
RBI rate cut may not impact real estate prices: Experts
MUMBAI: Sale of flats in Mumbai will continue to remain sluggish even after the Reserve Bank of India on Tuesday reduced by 50 basis points its repo rate. “The interest cut won’t make homes affordable as property prices are already… Continue reading
Mumbai home prices won’t fall: CRISIL
Mumbai: Despite a 40 per cent decline in new home sales in 2011, new home prices in the financial capital of the country is unlikely to decline this year, according to CRISIL Research.
“Notwithstanding a 40 per cent dip in… Continue reading
‘Inclusion of realty in GST can cut prices 20%’
Mumbai: Inclusion of the real estate sector in the proposed goods and services tax (GST) regime — which seeks to make the whole country a single market — will bring down property prices by a whopping 20 percent, according to… Continue reading
Housing prices in Mumbai, Kolkata down, Delhi rates up in Q3
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Housing prices: Mumbai, down, Delhi up
Mumbai: Prices of residential properties in Mumbai and Kolkata witnessed a downward movement while Delhi prices firmed up during the third quarter of the current fiscal, as per the latest Residex released by the National Housing Bank (NHB).
Prices of… Continue reading
‘Luxury home prices plunge in Mumbai’
s financial capital has witnessed the steepest fall in prices in a survey of global cities over the last one year even though average property prices in the city continue to be considered unreasonably high.
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Prices of luxury homes in Mumbai fell by 18% last year
MUMBAI: Prices of luxury houses in Mumbai fell by 18% in 2011, the most among 23 world cities, according to a Knight Frank Prime Global Cities Index released on Monday. Although the global index rose by 3%, Asia fell by… Continue reading