Indian Real Estate Market

Real estate in India is a sector which has grown by leaps and bounds in the last couple of decades. Indian real estate is considered ideal for investment purpose. Real estate sector has been witnessing rapid growth in major Indian cities with the high rises and malls adorning the city landscapes. However, the feverishly growing real estate has been affected by sluggish sales and even the government is concerned about the state of realty in the last few quarters. At a time when the real estate is battling issues like lack of price correction, cumbersome approval procedure leading to project delays and most of the developers find themselves in a cash crunch, investors are bound to be apprehensive of investing in the sector.  Good Times Ahead However, real estate analysts have predicted that there is no need to worry about the bubble burst and that real estate still remains a safe bet for investing your precious wealth. Knight Frank, a renowned realty advisory firm, have come up ...

Indian property market is expected to remain stable in the near future even as prices in some of the international markets may fall 10-20% in the next 18 months, said global property consultancy services firm Knight Frank's proprietary partner and head of global residential agency, Lord Andrew Hay. "American (property) markets are improving but some parts of Europe like Italy, Greece, Poland, Spain and Ireland, that have fallen by 60% in the last 5 years, are still vulnerable," Hay told ET. "Indian real estate is in a unique position like Singapore where actual demand is at work and therefore would remain insulated," he added.  Hay thinks that despite economic and political changes in India, it's still a promising market. However, in order to emerge as a mature market, India needs to incorporate a framework combining transparent legal system, easy finance, liquidity in market and availability of thorough research about the market that allows one t...

Just imagine riding a wheel which revolves and spins 360 degrees at full speed with laser lights lighting up the atmosphere. It may not look like very fast if you compare to a fast sports car but it will give you all the fun you want spinning your head. And this along with various entertainment and recreation options in the shape of Water Park, retail store, FEC and sports club would soon be part of Appu Ghar sector 29 Gurgaon.  Really these are very unlike from the everyday merry-go-rounds and huge wheels. Ultra-modern amusement parks, theme parks with different zones, long elevated mono rails for travelling within the parks, laser shows and to top it all the exciting auto control rides that you might have seen in a Hollywood movies. At Appu Ghar amusement park Gurgaon a roller-coaster that takes you as high as a multi storied building and then does two dangerous loops. A ferries wheel that takes you upper than any other place in this region make it sure to make it adven...

In the current scenario, the Chattarpur-Ghitorni road or NH-8 is the only option, if you have to travel from Delhi to Gurgaon. But it is not going to be the only option in near future as a new link in the form of a 150-metre-wide expressway is being developed between Delhi and Gurgaon called  Dwarka Expressway  or the Northern Peripheral Expressway. This 18km-long expressway will start from Sector 22 in Dwarka at the Delhi end and will meet NH-8 at a place called Kherki Daula (near Haldiram). In recent times, the sectors that lie alongside this expressway have emerged as an  attractive destination for real-estate  buyers and investors. Proximity to the international airport and close proximity to the capital city Delhi has enhanced the area's cachet in the eyes of investors and end users. Infrastructural advantages   No need to say that this area's biggest infrastructural advantage is the 150-metre-wide  Dwarka expressway . In comparison, the ...

From being just a suburb on the outskirts of Delhi to the miraculous ‘Millennium City’ , Gurgaon is today regarded as a city of opportunities and r eal estate investments in I ndia. Gurgaon houses a large number of Fortune 500 companies, making it a financial, outsourcing and commercial hub. This exponential growth in its commercial and industrial profile has led to an ever increasing demand for world standard housing, gated communities and apartment complexes, cutting across all segments of income level.  The burgeoning demand and the robust nature of development, especially residential, have fueled the need for a dynamic exercise on its master plan. The Gurgaon Master Plan-2021, unveiled by the government in 2007, was a step in that direction.  The major infrastructural projects unveiled in the master plan were the Southern Peripheral Road (SPR) and the Northern Peripheral Road (NPR); the focus of the master plan is on the development of new sectors, which are c...

Residential real estate in Gurgaon has seen a price appreciation of over 25%, the fastest surge in the Indian Real Estate Market, in the last one year. Gurgaon is registering the fastest growth in the real estate sector in the country. Developers are flocking to the region to launch new projects after prices here shot up by as much as 25% in the last one year. Recently, well-established realty players like Godrej Developer, Tata Realty from Mumbai and Sobha Developers from Bangalore launched their projects in Gurgaon. This has further infused the competition in the sector in the region. A large number of white-collar jobs have been created in Gurgaon after it emerged as a hub for IT and IT-enabled services in northern India. Also, owing to its proximity to the national capital Delhi, several Fortune 500 firms opened their offices here, employing hundreds of high-income professionals. And with Delhi already overcrowded, these people tend to buy houses in Gurgaon itself. But, th...

A report says that the NCR will have a total demand of nearly 10.2 lakh residential units, 249 lakh sq ft of office space and 66.6 lakh sq ft of retail space by 2013. With rising demand in residential, office, retail, and hospitality sectors, Gurgaon tops the demand charts. Forthcoming world-class projects, proximity and good connectivity to Delhi are a few factors driving these figures. Due to a lack of infrastructure and the surge in prices of available land in other parts of the NCR, Gurgaon and Noida are at the fore in catering to the demand for affordable and  luxury housing . In fact, for the sheer volume of residential units launched in these places, the NCR has a higher number of units compared to the other five metropolitan cities like Mumbai, Chennai, Bangalore, Kolkata and Hyderabad put together. According to a report released by Knight Frank India, nearly 86,000 residential units entered the market in financial year 2011-12. The developers and promoters were able ...