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The much speculative growth of real sector in the first half of 2013 is now being seen clearly in Mumbai. The execution and clearance of already developed projects have taken aback growth in some cities but same time the discounts and new launches on discounts have given some promising prospects for the next part of the year.
Guwahati, the capital of Assam and the largest city of the North Eastern India, has seen increase in population due to people migrating here in search of jobs. The real estate builders of Guwahati believe that the vertical expansion of the city can help solve the increasing accommodation issue.
In the words of Pawan Kumar Agarwalla, a real estate developer “The state government is now permitting construction of buildings with 10 to 12 floors in Guwahati. He also said the real estate developers are showing keen interest in developing projects along NH-37, VIP Road and near the LGBI Airport. The AREIDA (Assam Real Estate and Infrastructure Developer’s association) too expresses the same sentiments that the demand for housing is rising but the city is not expanding.
Saudi Arabian real estate firms share index have seen a 10-month high climb betting on the new mortgage law being introduced and that the sector would benefit from it. Saudi’s government issued final regulations on real estate financing at the end of the month of February, stating that the significant housing shortage in the Kingdom could be rectified by leasing and supervision of financial companies as a part of the planned mortgage law. In the words of Riyadh based Mohammad Omran an independent financial-analyst, “Taiba is an excellent company in terms of valuations and growth but there is no fundamental reason behind this move.


The analyst also says that the impact from the awaited mortgage law could take time but other sectors like cement and bank would also benefit from it.
The real estate sector index has risen to its highest since May 2012 rising up to 1.5 percent. Whereas, the investors of the muted trade market of the UAE are still awaiting the first quarter results. Last year nearly $2 billion (over Rs 10,000 crore) worth of luxury houses were launched across the country that too at a time when there is slowdown in the housing segment. According to Sanjay Dutt, executive managing director South Asia, Cushman & Wakefield, “Luxury real estate usually does well during recession or sluggish environment as we are seeing even now. The sale of luxury homes have been moving up along with 6-23% year on year price rise in the segment across big cities such as Mumbai, Bengaluru, Gurgaon, Chennai and Pune. The sales numbers in Bengaluru and Pune are lower than new launches then too the prices have risen by around 10% from last year. Rajesh Iyer head Investment and family office, Kotak Wealth Management said, “Real estate continues to be the most preferred asset class with rich Indians due to higher returns.
This is the picture when other real estate segments have remained slow for major part of the year forcing builders to offer discounts and incentives to investors. Use these free images for your websites, art projects, reports, and Powerpoint presentations!


New launches and discounts being offered by real estate developers January to march is proving the sales across .The discounts have been offered to average market prices. Timely execution of properties would definitely make a differentiating factor for the same.
With the population on rise and the slow expansion of the city, it has become fairly congested. But if the government allows real estate builders to erect buildings with 20 floors, the increasing population of the city can be accommodated. A lack of momentum has been signaled by the markets in last week as index traded within a 65 point range. Mumbai has sold 789 units against 652 new launches whereas Gurgaon has sold 792 units with new launches of 726 units while Chennai overtook new launches by 17%. While some park money in buying luxury homes for mere investment, others are upgrading to get like-minded neighbors.” says the head, land and special projects at LJ Hooker Project Marketing, India, B M Poonacha. Well categorized and fully editable logo designs available in both Illustrator EPS (vector) and Photoshop PSD (bitmap) file format.



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