Home Prices

Average cost of a Mumbai flat is Rs 3.03 cr: Affordable housing remains a myth in India

With rising inventories oil prices are falling, but real estate prices are not: Here's why

The reason for this is that the ill-gotten wealth of politicians has been invested in real estate through the “benami” route over the years. In fact, the government or rather governments (the central government as well as state governments all over India) can do a few basic things to try and reverse the situation.

Home sales at five-year low but average cost of Mumbai house shoots up to Rs 3 cr

In Greater Mumbai weighted average cost of a house has soared to an all-time high of Rs 3 crore ( from Rs 2.8 crore last year) even as the unsold inventory pile-up has shot up to 53,856 units.

Home prices in India highly inflated, says HDFC's Deepak Parekh

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.

Why relaxed lending norms for realty won't help the home buyer

By asking the banking industry to fund realtors, the government is only exposing them to more risk. If too much money is made available to them, developers will continue to hoard projects and a price correction will be delayed.

Japan to India: Busting the biggest myth of investing in real estate

The interesting thing is that large population-shortage of land is a story that real estate investors need to tell themselves. Even speculators need a story to justify why they are buying what they are buying.<br /><br />

Correction in housing prices to continue: NHB

iting trend from the latest Residex, Verma said, there has been 3-4 percent decline in the housing prices in the 11 cities but prices rose marginally or remained stabled in nine cities.

Why realty exhibitions don't make any difference for a buyer

The reason such exhibitions are played up is to create an artificial demand in the market when sales are plunging.

Home prices in Delhi, Mumbai up but Kochi tops chart: NHB

Showing a mixed trend, housing prices in 11 cities, including Bangalore and Kolkata, declined by up to 5 percent in July-September, while rates in nine other places increased by up to 10 percent, according to National Housing Bank

Delhi homes to get costlier? Govt hikes circle rates by up to 20%

Home prices in the capital are set to go up further with Delhi government on Monday hiking the circle rates