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Average Mumbai flat still costs Rs 1.3 cr even though unsold inventory is as high as 4 years

May 06, 2015

Average Mumbai flat still costs Rs 1.3 cr even though unsold inventory is as high as 4 years

Property prices in the Mumbai Metropolitan Region (MMR) dropped by the maximum among leading metros during the quarter ended March 31, 2015 as unsold inventory in the island city has risen to 46 months ( almost four years!). #Mumbai #property prices #NCR #Liases Foras #Real estate
I look forward to staying on as CEO: Housing.com's Rahul Yadav withdraws resignation

May 06, 2015

I look forward to staying on as CEO: Housing.com's Rahul Yadav withdraws resignation

Housing.com CEO Rahul Yadav today withdrew his resignation following the conclusion of the company board meeting earlier today. #Real estate #Rahul Yadav #Housing.com
Real Estate Bill: United Opposition forces deferment in Rajya Sabha

May 05, 2015

Real Estate Bill: United Opposition forces deferment in Rajya Sabha

The controversial Real Estate Bill, that seeks to regulate realty business, was on Tuesday put off indefinitely after a united opposition insisted on sending it to a Select Committee of Parliament in Rajya Sabha where the ruling NDA is in a minority. #Politics #India #UPA #Rajya Sabha #Derek O'Brien #PJ Kurien #Select Committee #Real Estate Bill
This one number suggests that the real estate bubble may be fizzling out

May 05, 2015

This one number suggests that the real estate bubble may be fizzling out

The Reserve Bank of India(RBI) puts out the sectoral deployment of credit data at the end of every month. The latest data for the one year period ending March 20, 2015, shows that lending to the commercial real estate sector by banks grew by 8.9% to Rs 1,68,000 crore. The overall lending by banks on the other hand grew by a very similar 8.6%. #Black money #Ponzi scheme #Growth #Real estate bubble #Real estate #RESIDEX #sector

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Thane Don't believe glossy real estate ads, this city is no escape from Mumbai

Jul 30, 2014

Thane Don't believe glossy real estate ads, this city is no escape from Mumbai

Thane suffers from a highly politicised municipal governance that is ineffective -- its green cover claims are dubious, it has no idea how to deal with the fastest growing population and its infrastructure is crumbling. #Thane #InMyOpinion #Mumbai #Infrastructure #Governance #realty #stray dogs #Transport #Real estate prices #Trees #Green Cover #Mumbai Metropolitan Region
A house for Mr Arvind Kejriwal Why Delhi won't have him as a tenant

Jun 24, 2014

A house for Mr Arvind Kejriwal Why Delhi won't have him as a tenant

Arvind Kejriwal is out to tackle the countys biggest problems law and order to corruption, peoples participation in decision making to housing but he is apparently facing a huge personal issue. No one is willing to give him a house on rent in Delhi. Unless he has one, he cannot vacate the Tilak Lane residence which he had got on becoming Delhis chief minister. #Delhi #Arvind Kejriwal #Kejriwal #Delhi real estate #Kejriwal's home in Delhi #No house for Kejriwal