There are signs of revival in the property markets in certain locations
The world and especially India has created history in a manner of speaking by creating the quickest turnaround and reviving markets. Equity, Gold, Silver, and Oil all of which with exception of Gold were at a low around the same time last year are [...]

Chennai property builders are reconciling to the fact that they have all along been targeting the top-end of the pyramid. From chasing
profits and “windfall gains” which involved high stakes, they have now started focusing on the affordable or the bottom of the pyramid (BoP) segment.
Housing demand in the Chennai Metropolitan Area (CMA) is projected to [...]

Appaswamy Real Estates has struck a deal with the Rakindo Group to jointly develop large-sized residential projects in the key
locations of Kotturpuram and Pallikarnai in Chennai. The projects, coming up on 110 grounds (1 ground = 2400 sq ft), is estimated to have a sale value of Rs 250 crore.
Though the land-owner and the developer [...]

Realty major Puravankara Projects is in talks for an alliance with Homex, a Mexican company that specialises in affordable housing. The idea is to give a boost to its affordable housing subsidiary Provident Housing. Ashish Puravankara, director, Puravankara Projects, said, “We are holding discussions with Homex as they have build a large number of affordable [...]

After a long lull, home sales are finally gaining momentum in the realty market. Sales of major real estate developers have more than trebled in the June quarter compared to the previous three months. DLF has sold 2,500 apartments in the first quarter of the current fiscal, compared to nearly 600 in the quarter ended [...]