Indian Property

By Ashwinder Raj Singh, CEO – Residential Services, JLL India The southern neighborhoods of India’s primary cities have always been the poshest, going by the historical evidence. Quite an interesting thing to note, but it stands true nonetheless. These have been most desirable locations for high networth individual home buyers. Such localities have housed the Who’s Who of the city in the past. This phenomenon still continues. However, over time, other areas are competing with these legacy locations and attracting the younger nouveau riche. Most metro cities are seeing the change in preference for location among the affluent class. Extremely limited new supply of residences in prime neighborhoods is the most influencing reason of for HNIs looking at other areas for luxury homes. Considering all aspects, JLL has identified twenty submarkets as the preferred upmarket residential hotspots across the top cities in India. According to JLL India's assessment, these locations of...

January 28, 2015: Knight Frank India today launched the second edition of its flagship half yearly report - India Real Estate Outlook. It presents a comprehensive analysis of the residential and office market performance across six cities for the period between July–December 2014. India Residential Overview Housing sales drop 17% across six cities- Will developers gear up to ride the recovery bus? Delhi-NCR sees the sharpest drop in home sales; Mumbai manages to scrape through All eyes on the Union Budget; focus on affordable homes & Infra to expand volumes India Office Overview Market heaves a sigh of relief; uptake happening across all regions Positive outlook on driver industries to aid office growth, even further Will REITs be the game changer? Patience & prudence will pay dividends Speaking about the findings, Shishir Baijal, Chairman & Managing Director, Knight Frank India said “2014 has not been a great year for Indian Real estate as s...

Ajnara Group is coming soon with Ajnara The Belvedere in Sector 79, Noida, a high-end society, offering 3/4BHK apartments and villas. Ajnara Belvedere will have 3BHK and 4 BHK apartments from 1400 Sq Ft to 2600 Sq Ft. The new project is located on a 130-metre wide road with 6-lane FNG Expressway and upcoming metro connectivity adding to its location advantage. The Belvedere in Sector 79 Noida will offer big, spacious apartments that are designed lavishly for a luxury lifestyle. The Belvedere Sector 79 Noida is well equipped with all sorts of amenities including the comfort of swimming pool, gym, Wi-Fi connectivity and much more.  Ajnara Belvedere: Luxury Housing in Noida The Ajnara Belvedere project is spread over 7.5 acres of land with tentative apartment sizes as follow: 1400 SQ.FT (3 BHK + 2 TOILET ), 1550 SQ.FT ( 3 BHK + 3 TOILET ), 1800 SQ.FT ( 3 BHK + 3 TOILET + SEVANT ROOM ), 2600 SQ.FT ( 4 BHK + 5 TOILET + SERVANT ROOM ) The towers in the residential projec...

CREDAI Hyderabad organizes Property Show at Hitex, Madhapur, from 29 th to 31 st August 2014 to showcase the best properties in the city. Hyderabad 21 st August 2014 - CREDAI, the Confederation of Real Estate Developers’ Associations of India, country’s apex body of private real estate developers, foresees a highly positive outlook for real estate in Hyderabad. The sector is poised for a meteoric growth. The government under the leadership of K Chandrasekhar Rao, is actively promoting “Brand Hyderabad” so as to transform it into a “Global Smart City”. CREDAI Hyderabad announced the opening of the CREDAI Hyderabad Property Show 2014, its third edition , on 29 th August 2014 at Hitex, Madhapur.  The Property Show will be held from 29 th to 31 st August 2014, where 150 leading developers, financial institutions and other stake holders will showcase their wide range of housing projects and services to the prospective home buyers. This is coming...

August 20, 2014:   ASSOCHAM and NAREDCO today signed a Memorandum of Understanding to align strategic efforts under the aegis of the Ministry of Housing &Urban Poverty Alleviation, Government of India, to ensure a home for every Indian by 2022. Sunil Mantri, President NAREDCO and Chairman, Mantri Realty with Rana Kapoor, President, ASSOCHAM and MD&CEO, YES BANK The MoU and Charter were jointly unveiled by Mr. Rana Kapoor, President, ASSOCHAM and MD & CEO, YES BANK, along with Sunil Mantri, President, NAREDCO , at the NAREDCO Real Estate Banking Conclave in the presence of  Shri G.S. Sandhu, Secretary, Ministry of Finance, Govt. of India and Mr. S.S. Mundra, Deputy Governor, Reserve Bank of India. Speaking on the occasion Rana Kapoor, President, ASSOCHAM and MD & CEO, YES BANK said: “This MoU between NAREDCO and ASSOCHAM will empower both organisations to strategically align efforts by championing knowledge initiatives and strategic inte...