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Category Archives: Price

New home launches up 27%

New home launches up 27% in January-March quarter at 31,200 units NEW DELHI: Launches of new homes increased by 27 per cent to 31,200 units in eight major cities with developers betting on the affordable segment to boost their sluggish sales, property consultant Cushman & Wakefield said. “The residential market , which saw a slump in launches in 2015, saw a remarkable comeback in …

Real estate regulations will push prices 30-50%

Vikas Oberoi, boss of Mumbai-based Oberoi Realty, says the new real estate legislation will increase direct and indirect costs for developers, who will then pass them on to buyers The slew of reforms that the government plans to bring into the country’s real estate sector will lead to an escalation in costs for developers, and in turn, real estate prices, says Vikas Oberoi, chairman …

Housing Prices Up??

Housing Prices Up In December Quarter, Says RBI Housing prices in the country rose during the October-December quarter of the 2015-16 fiscal, the Reserve Bank data showed on Thursday. The prices witnessed the highest increase in Lucknow while a decline was noticed in Jaipur during the December quarter of 2015-16 year-on-year. Housing Price Index (HPI)-All India (base 2010-11=100) increased to 221.7 in third quarter …