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News Home Bangalore India’s No. 1 luxury homes market Date : Apr 24, 2014 By Om Ahuja Few cities can match Bangalore's real estate power. The Garden City of India has long since progressed from being the country's most preferred retirement destination to becoming its Information Technology capital - a city of entrepreneurs and the nouveau riche individuals. In all respects, Bangalore is an extremely vibrant city with highly favourable demographics. The average age of the city's population has dropped dramatically from 60 years to 30 years in two decades, and the average earning power of this population is arguably the highest when compared to the more established cities of India. As a result, Bangalore's real estate market dynamics are also unique when it comes to financial 30 Indian builders to showcase properties in US Date : Apr 24, 2014 A real estate business group based in the US told IANS over phone that the eighth annual edition of the India Property Show would be held in Edison, New Jersey, Houston, Sunnyvale and Seattle from May 31 to June 15. Riya Sunny of the Revista Global group, said: "Builders are coming in from across India. We help them sell their properties in the US and the Middle East by organising property shows. Unlike earlier years, we expect to get a few builders from Kerala." Source And Courtsey By:- http://www.newstrackindia.com/newsdetails/2014/04/22/108--30-Indian-builders-to-showcase-properties-in-US-.html Indians top foreign investors list in Dubai Date : Apr 22, 2014 British ranked the second, making 3.145 billion dirhams worth of investments Indians have topped the list of foreign investors in real estate in Dubai, pumping in $1.6 billion during the first quarter of 2014, according to a government agency. According to Dubai Land Department (DLD), 111 nationalities secured property deals in the first quarter of 2014. Indians were at the top spot for international investment, both in terms of the number of investors (2,414) and the amount of expenditure ($1.6 billion or 5.895 billion dirhams), according to the data. British ranked the second, making 3.145 billion dirhams worth of investments, followed by Pakistanis with investments totalling 2.410 billion dirhams. Emiratis Dubai faces 500,000 construction workers' shortage Date : Apr 20, 2014 DUBAI: With the real estate sector in the Gulf Arab emirate Dubai showing no let-up in expanding, the construction sector here is all set to witness a shortage of 500,000 workers by 2015, a media report said here Saturday. According to a survey initiated by the Dubai international academic city (DIAC) and conducted by consultancy Deloitte, construction firms and developers face a shortfall of 500,000 workers across all career levels and divisions as massive public and private projects fuel an unprecedented real estate boom in the sheikhdom, reported Xinhua citing the Gulf News daily. The study showed that building and construction project management skills are most lacking among senior levels, according to 43 per cent of t Behind a Real-Estate Empire, Ties to India's Gandhi Dynasty Date : Apr 19, 2014 By Geeta Anand and Rajesh Roy KOLAYAT, India--A taciturn man in a black SUV started buying up tracts of arid agricultural land around this small town in the western Indian state of Rajasthan in 2009. He would sit in the parking lot outside the one-story concrete building that houses the land office and dole out cash for sellers from the back seat, according to real-estate brokers and a local government land official. The buyer represented by the man in the SUV, according to state land records, was Robert Vadra, a member of India's powerful Nehru-Gandhi political clan, whose Congress party leads the country today and has for much of its more-than-66-year post-colonial history. Soon after he began buying, the feder New realty law will help buyers and builders Date : Apr 17, 2014 PUNE: The Maharashtra Regulatory & Development Act (MHRDA), 2012, promises to bring more transparency and accountability helping both builders and property buyers, Satish Magar, vice-president of the Confederation of Real Estate Developers Associations of India (Credai) - National, said on Tuesday. He was speaking at a workshop for builders organised by Credai-Maharashtra. Magar said that the present legislation, the Maharashtra ownership Flat Act (MOFA), 1963, is more than 50-years-old, therefore introduction and implementation of the new act was needed. The MHRDA will not only repeal MOFA which lacked transparency but also clear issues which occur during registration procedures, he said. Shantilal Kataria, vice- Overseas real estate attractive: JLL Date : Apr 16, 2014 Expand investment in real estate overseas, especially in the United States, Europe and Japan, which are attractive because of the anticipated global economic recovery, property experts at Jones Lang LaSalle (JLL) suggests. According to Supin Meechucheep, managing director of JLL (Thailand), New York, Los Angeles, London, Tokyo, Shanghai and Beijing are all on the list of attractive places for real-estate investment in 2014 as the populations and property values in these big cities will continue to grow because of urbanisation. In the US, Supin suggested investing in commercial assets such as department stores, offices and hotels because if their constant pay-outs, while in London she favours high-end property because Delhi-NCR real estate outlook promising in 2014 Date : Apr 14, 2014 Hyman Minsky, the noted American economist, linked an economy's life cycle with speculative investment bubbles which are endogenous to it. He stated that during prosperous times when the economy booms, corporate cash flows rise higher than corporate debts, and this leads to speculative euphoria. This euphoria continues to develop, allowing borrowers to borrow more until their income streams become inadequate to service their debts, creating a financial crisis. This speculative borrowing bubble then causes banks and financial institutions to reduce lending, which in turn causes a further contraction in the overall economy. Our economy is currently facing such a contraction. Overall economic activity has slowed, Are property markets nothing but a political tool ? Date : Apr 13, 2014 If you look at the real estate market in Australia, the UK, parts of the US and some areas of India, it soon becomes apparent that ongoing real estate price rises cannot continue forever. You could argue that each of these markets is in some way, shape or form impacted by the political arena which is in effect using real estate markets as a political tool. Is this fair? There are a number of factors to look at when considering whether or not property markets are but a political tool which we will cover below. Strength ahead of elections If you look at the UK property market, and in particular the stratospheric position of the London real estate market, there is no doubt that the Conservative party will glean support from Date : Apr 12, 2014 Real estate consultants are likely to close more deals by reaching out to professionals and customers with the help of social media. The Indian real estate market, over the last few years, has been categorised as one of the hottest destinations for investment because of the growing demand for residential, commercial and retail spaces. It is envisaged that Indian real estate market will grow from $55.6 billion in 2010-11 to $180 billion by 2020. Growth in the sector, experts predict, will be guided by demands from retail, hospitality, education and healthcare sectors, apart from a whopping demand for residential housing. Despite such potential, Indian real estate consultancy firms till lately, have not been able to create br Date : Apr 8, 2014 Wish to buy a house or invest in the retail or commercial realty market? Sarita Hunt of Jones Long LaSalle identifies the hot spots Real estate isn’t a good choice for speculation, warns Sarita Hunt, Managing Director of Chennai and Coimbatore regions at Jones Long LaSalle (JLL) India, a global real estate advisory firm. Here’s her take on the markets and segments one could consider and those to avoid: Given the lull in the market, how would you advise first-time home buyers and investors? For instance, a collection of buyers can get together and ask for group discounts from the developer. Scrutinising the builder’s track record carefully is essential; if you are buying from a new developer, Supertech Limited Orgainsed A Fulfilled Weekend For Its Customers At Upcountry, Yamuna Expressway Date : Apr 6, 2014 New Delhi, Delhi, April 3, 2014 /India PRwire/ -- Supertech Limited, India's leading real estate developer, orgainsed an eventful weekend on March 29 and 30 at its Upcountry project at Yamuna Expressway. The company had invited people from all across the city to enjoy action-packed carnival, 'Race On' which had activities such as Go-Karting, Cycling and Segway Rides. The event also had scrumptious food and an entertainment zone for kids. The event witnessed a huge gathering who was enticed towards activities of Go-karting and Segway . The gala event was held at company's 100 township project, Upcountry located at Yamuna Expressway which gave a feeling of country-side to the visitors. It was a great opportuni |
  
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