Despite India’s property sector being subjected to delayed and stalled housing projects, home buyers are in the need of checking the financial health of a builder, so as to prevent any uncertainty about its completion. “To avoid risks later it is extremely important for a buyer to verify a project’s financial health. See the company […]
By Abhay Shah The fifth consecutive rate cut this year by the Reserve Bank of India is in line with expectations and could probably help boost consumers’ feelings in advance of the festive season, a significant quarter for the selling of real estate. Nevertheless, real estate experts said it was not enough to help flagging […]
By Abhay Shah, Realty Quarter A draft of ‘Model Tenancy Act, 2019’ has been published for consultation by the Union Housing and Urban Affairs Ministry. Swapan Dutta, director (east) of property consultant Knight Frank said in response to the development, “It’s a move in the correct direction as rents or residential lease should turn into an important […]
By Abhay Harish Shah, Realty Quarter Commercial real estate demand, led by the interest of sustained occupants to expand businesses in India, is pushing up rentals of prime offices in major cities like Mumbai, New Delhi, and Bangalore. Over the course of the first quarter of the year, office rentals rose by 17%, 5% and […]
By Realty Quarter Bureau The realty sector was not expecting any reduction in key interest rates by the RBI, but any policy loosening could have provided a big thrust to the housing market facing a multi-year slowdown, say property builders and consultants. Nonetheless, the developers are optimistic that there is still room for banks to bring […]
