As a child, I remember a tall, stately coconut tree in my home’s backyard. The almost 20-year-old tree was preserved by building around it. Sadly, a decade or so later, it had to be cut down as its roots had grown into the structure’s foundation and had damaged the flooring. For years, the practice of […]
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India’s DLF sold a $1 billion upmarket residential project in 72 hours while rival Godrej Properties is offering $3 million apartments to clients selected by invitation, two off-plan sales that are signalling a revival in luxury housing. Property developers say spacey high-price apartments that come with add-ons like concierge services, spas, multi-level parking, large green […]
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Bengaluru property market saw the highest growth in average housing price as well as average office rent Bengaluru property market saw the highest growth in average housing price as well as average office rent Average housing price across eight cities rose 3-10% year-on-year in July-September this year, while office rent grew up to 13% on […]
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The China central bank’s recent decision to lower interest rates – a move believed to be targeted at averting a major property crisis in that country – is expected to turn beneficial for Indian developers and the domestic real estate sector, said analysts and developers. The crisis has led to softening of global commodity prices, […]
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