Housing prices have jumped nearly three-fold on Dwarka Expressway in Gurgaon during last five years to Rs 7,000 per sq ft but slow pace of constuction of highway and litigation issues have become a major hurdle for growth of this corridor, property consultant DTZ has said.
Here's a round-up of what India's real estate developers, industry experts and private equity players have to sat about how the industry will shape out in the next one year.
The verdict means builders will be liable to pay tax, which includes only the cost of construction and excludes the land value, amount paid to sub-contractor and service charges etc, unless the building was issued an occupancy certificate before the sale agreement.<br /><br />
Until the time the Real Estate Bill is passed, every step the RBI takes on banks' real estate exposure will effectively be a regulation of the sector. And for every such move, home buyers will say "Thank God, RBI exists".
Whether the government comes up with another viable plan or not, affordable housing is definitely going to take a hit as a delay in the project implies Mumbaikars will have to wait a little bit longer for that dream home.<br /><br />
Unlike most developed economies, India does not allow REITs (Real Estate Investment Trusts). Many would point to the M&A route, but this is also a lacklustre option as it comes at a cost of about 20%.<br /><br />
From a medium term perspective the markets seem to be consolidating before making their next move.
Just like previous week, the Sensex continues to be stronger than the Nifty, making the 30-share index a better buy than Nifty.
Borosil has broken its own record and bought another sea-facing apartment in the same building at Rs 1.23 lakh per square foot, making it the highest real estate deal in India. But this is not indicative of a larger trend
Parekh, Chairman of the country's largest housing finance company HDFC, also asked the home buyers to be cautious of 'too-good-to-be-true' offers from the property developers and warned them against schemes where builders claim of paying interest on the borrowers' loans.
The reasons for the INR fall are more to do with broad USD strength globally than any real domestic worries but the fact is that the RBI views a weak INR as a threat to the economy.
The charts show a "topping tails" formation which are a bearish signal. Only central bank money printing can change the signal, but they can't print forever.
Quite apart from the obvious economic benefits, shale gas could be a major building block for a new security architecture in Asia.
Creation of an additional machinery for LBT collection will only increase burden on the government and it could be avoided through just raising VAT
The trend of rising equities and falling bond yields will continue. India will see Sensex and Nifty rising and ten-year bond yield falling on the back of the USD strength.
Domestic bond market participants have turned bullish on government bonds as seen by record high volumes.
The company's stock price has collapsed by 80 percent since July 2011 after a 12-fold rise during 2008-11.
Both the NSE Nifty and gold are in for a correction, even if there is a short-term rally. This is what the charts are telling us right now
Many more IT companies will now be able to launch their own SEZs. Previously, only the largest IT players could have their own IT SEZs given the capital required to buy 25 acres land
In an interview, Parag Parikh, the founder of the boutique advisory and Portfolio Management Service (PMS) firm which is launching the fund, says he would rather not chase assets under management (AUM) and instead, focus on delivering value for the client.
Gold should normally rise if excess currency is being printed. So don't rule out a short-term rise; the other possibility is that gold is signalling a recession ahead
The Haryana government allowed the release of 359 acres of land to private colonizers and developers, leaving over 491 acres of scattered land for development by HUDA.
Indians seem to be blase about putting all their private healthcare data in cyberspace.
The average Indian is certain of three things apart from death and taxes. One is that banks in India cannot fail, two is that gold prices cannot fall and three is that real estate prices cannot fall.<br /><br />
Fast rallies or selloffs generally tend to be reversed, sometimes with equal speed. The sustainable rallies and selloffs are the ones that move steadily, forming bases along the way.
The 1997 IIB issuance was in the form of Capital Index Bond (CIB), where only the principal repayment was indexed to inflation. The current CIB version of IIBs will protect interest payment as well as principal repayment from inflation.
The loose monetary policy adopted by the Fed is helping keep global liquidity high and this liquidity tends to find its way into economies like India that show promise despite on going issues
<br /><br /> Markets will stabilize at lower levels and climb up. The budget itself is not going to do much for the economy in terms of taking it up or bringing it down
Despite the Fed, US Treasury rates are firming up. Normally, when rates rise, equity should be weakening. What's going on?