Slow Economy – Advantage real estate investors

The Indian economy has had another tough year. Inflation went as high as 7.52%, job opportunities reduced significantly across industries, the rupee saw steady erosion against the US dollar and market sentiments reached what was possibly their lowest point ever. And yet, things could be worse. During the depths of the US economic crisis, entire…

Investments in realty sector grow 53% in Jan-Sep 2013

Investments in the real estate sector grew by 53% in the first three quarters of calendar 2013 with an infusion of $1,885 million against $1,235 million during the same period in the previous year. The increase is primarily attributed to the surge in the investments from the private equity market, according to analysts. The majority…

Second half of 2014 to fuel growth in real estate

Real estate professionals are unanimous in one prediction: Things will start looking up for the sector only in the second half of 2014, after the general elections, when clarity on the new government will emerge and businesses start investing. 2013 was clearly a dull year for real estate, when all asset classes — residential, office…

850,000 new jobs, 20% pay hike in new year

It may rain jobs in the new year as companies are gearing up to add over 800,000 new employees to their payrolls and dole out salary hikes of up to 20 per cent to best performers in 2014, say experts. As per estimates of various human resource consultants, the year 2014 seems very promising for…

Gurgaon most prosperous city in India, Chennai second: Report

Credit rating agency Crisil has confirmed what many had suspected for long: that newbie Gurgaon has emerged as the most prosperous city in the country, leaving the country’s financial capital Mumbai way behind. Using ownership of consumer durables as a measure of prosperity, Crisil found Gurgaon has the largest proportion of households with all basic…

Global brands in UBER-LUXURY HOMES

Developers are tying up with top hotels and global brands, which are eponymous with luxury, to provide 5-star services to their customers after the delivery of the apartments. TEAM TIMES PROPERTY writes. The National Capital Region (NCR) has seen a slew of luxury apartment launches. A number of such high-end projects with world-class specifications were…