Home buyers and investors know real estate is slowly becoming a buyers' market; it is only a matter of time before builders realise it, too
On Monday, RBI Governor had asked for cut in home prices
The stumbling block is that, both, listing as well as broker-based portals, have been struggling to drive traffic
India's real estate sector is also expected to get some benefit, though a small share from investment funds
The emphasis on infrastructure and the attempts to revive real estate activity is a big reason
APG Asset Management emerges lead investor in the residential investment program
Homebuyers stand to benefit from the approval of the real estate Bill
Budget: Rs 3.5-4 croreBusiness Standard brings you a snapshot of average current rates and unit sizes in localities that offer property in a price range of Rs 3.5-4 crore. If you are looking at buying real estate, an idea about prevailing rates would come handy
DLF, HDIL, Phoenix, Indiabulls, DB Realty, Sobha, Anant Raj Industries, Oberoi Realty and Sobha were up 2%-4% on the BSE.
The Bill is aimed at protecting home buyers against erring developers, bring in investments and transparency in real estate sector
However, the stay does not apply to redevelopment, hospital and educational projects
The argument is that after paying 20% DDT, rate of return would not be lucrative compared to other investments
City is one of three in India where Ready-to-Move-in properties commanded a 3% premium over Under Construction
Both buyers and investors alike are getting out of property markets