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Saturday 16 November 2013

India's real estate market: Time for the bubble to burst?

It is a frequent motto used to emphasize the importance that a location has on the value of a real estate property. The heart of the message is clear -- if you pick the right spot to invest your property in, you can be rewarded with a handsome return on investment.

The Indian economy is in an interesting stage right now. On one end of the spectrum, signs are pointing towards an economic surge. The Sensex hit an all-time high a week ago, the RBI seems to be making all the right moves to curb inflation and bring stability to the rupee and analysts can be frequently heard commentating that finally it's a "trading market". This means the economy is picking up, the share market is ripe for investments and therefore investors and traders can take advantage of the opportunities being presented to earn profits.
To read more please visit NDTV Profit

Housing price growth moderates in first quarter: RBI

ew Delhi: Average housing price inched up by a meagre 0.89 percent during first quarter of current fiscal, although property rates were nearly 14 percent higher from year-ago levels, an RBI report said.

"The quarter-on-quarter growth in the Reserve Bank house price index at the all-India level was lower at 0.89 per cent in Q1 of 2013-14 as compared to 2.46 percent in the previous quarter," RBI said in Macroeconomic and Monetary Developments Second Quarter Review 2013-14.
To read more please visit zee business news

'Premium housing prices may fall soon on inventory pile-up'

Mumbai: Investorscan look forward to premium housing units getting cheaper by up to 20 percent and gold prices rising significantly this festive season, says a financial advisory firm.

"We are expecting premium housing projects to get cheaper by up to 20 percent... Potential buyers will not have to negotiate discounts, since realty companies are in all probability going to make such announcements," a Delhi-based financial advisory firm InvestCare said in a statement.

The high inventories can soon impact cash-flow for realtors, adding that depending on the project, a cut up to 20 percent could be possible.

"A cut in prices is definitely possible for premium housing units. If companies can cut prices, it will help bring back buyers to the market despite the weak environment", its Managing Director Ajit Mishra said.
To read more please visit   zee business news

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