Looks to sell balance 25% in 1-2 years, says will get the structure of future projects ready before marketing so that customer get touch-and-feel
Auckland in the Australasia region topped the global index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year
South-Central Mumbai localities in October had luxury home sales worth Rs 500 crore; demand grows for South Delhi properties
Delhi is at 27th spot while Mumbai is at 32nd position, the consultant said in its 'Prime Global Cities Index Q2 2020' report
Affordable homes make up 36% of the unsold housing stock, while luxury segment's shares is 14%
Mumbai offers exceptional value across almost all luxury categories, says Julius Baer's first Global Wealth and Lifestyle Report.
A recent report by ANAROCK suggests as many as 16,100 new units have been launched in the luxury segment priced over Rs 1.5 crore across the top seven cities in India in the first half of CY19
Total value of unsold inventory in central Mumbai is estimated to be Rs 45,000 crore, while that for Mumbai city stands at Rs 83,000 crore
Among the top cities, Bengaluru led from the front, recording a significant 49 per cent reduction in unsold luxury stock within a year - from 6,370 units in Q1 2018 to 3,260 units in Q1 2019
Overall unsold stock of luxury homes declines by 12% year-on-year in Q1 2019
Don't get into high-end homes to make quick money, as the market is currently witnessing a correction and there is less capital appreciation in the short term
They cost a king's ransom and are positioned as the ultimate in housing luxury. And, the levels of services and benefits they offer are unmatched
Prices of luxury apartments and penthouses in upscale areas have crashed across the country