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The year 2010 appears to have brought cheers to the demand-starved realty sector. With signs of economic recovery emerging in the country, the real estate sector has been predicted to see increased business activities. According to global real estate consultant Cushman & Wakefield, India cities would witness a strong-end user demand ...

High interest rates and even higher property prices in 2008 almost killed the householder's biggest dream - to own a house. But with financial downfall has come an opportunity. In 2009, interest rates may fall as the government initiates to rejuvenate the slowing economy. Also, facing an absence of buyers, real estate companies are likely to ...

In a move that is expected to bring transparency to the real estate market, finance minister P Chidambaram launched the official Housing Price Index, developed by India's home loans regulator, the National Housing Bank. Named as NHB Residex, the index has been introduced as a pilot for five cities-Bangalore, Bhopal, Delhi, Kolkata and Mumbai. ...

If you want to buy an insurance policy, you have to purchase the policy from an insurance agent recognised by the Insurance Regulatory Development Authority. If you want to invest in fixed deposits, you have to follow RBI guidelines. If one wants to invest in shares then there are SEBI guidelines for regulation. However, when a person is on the ...

India has a housing shortfall of 26 million units with the bulk of demand coming mostly from non-resident Indians (NRIs), making it a rich property market for developers to tap, a Citibank official yesterday said. Mumbai-based Ashish Mehrotra, business head and vice-president for mortgages at Citibank India, said the Indian property market has ...

Sales centres and advertising are the most important factors influencing one's decision to buy a property, according to a study released by FutureBrand, a global brand consultancy firm. It said that sales environments have posted a 25 per cent rating in terms of importance in attracting potential buyers. Advertising received a 21 per cent ...

Hyderabad may now be the country's second largest city. But the city's big growth could actually mean property prices falling, reports CNBC-TV18.The Municipal Corporation of Hyderabad is now 450 sq km larger, second only to the National Capital Region (NCR). The additional areas will have all infrastructure and basic amenities that the ...

London is home to the most expensive property in the world, followed by Monaco, New York and Hong Kong, a new report shows. Prime property in the British capital costs 2,300 pounds per square foot, just above Monaco, playground of the rich and famous, at 2,190 pounds, according to estate agent Knight Frank and Citi Private Bank's "Wealth ...

While the retail investor in India is increasingly becoming sceptical about investing in the volatile equity market at current levels, NRIs are taking a contrarian view on the same. The NRI community, which till a few months ago was pulling out money have invested nearly Rs 100 cr, in less than 2 months of the current calendar year (CY07). Experts ...

The haphazard way in which the city is turning into a concrete jungle makes it vulnerable to severe ecological stress in near future, says a Lucknow University survey based on satellite data. The survey by the university's Geology department says lack of planning and focus exposes the city to civic problems like water-logging, and eats into ...