realestate2022

RBI Survey: Nearly 80% People Say Housing Prices Will Go Up (Shutterstock) The Reserve Bank of India (RBI) recently released its survey on the  Inflation Expectations Survey of Households  that studied people’s opinion on inflation between March 2017 to March 2018.   Here is a look at the numbers:- Prices in general On the whole, Indian households expected a price rise. While 90.8 per cent of those participating in the survey said prices would rise, 56.7 per cent said they would increase more than the current rate (March 2017) while 28 per cent participants said that price increase would be similar to the rate that existed in March 2017. Only 6.2 per cent of participants said that price increase would be less than what was at the existing rate. An optimistic 7.1 per cent said there would be no change in prices while 2.2 per cent of those who participated said prices may decline. Housing prices As against 56.7 per cent of participants who said they expected prices to ...

Why Top Execs Are Choosing To Live Close To Workplace Shutterstock Gone are the days when the localities were distinctly segregated- some were purely commercial while others were residential. Today, most upcoming localities are emerging as commercial-cum-residential with an intent to serve those who can afford to stay as close to their workplace as possible.  Residential properties are now coming in close proximity to the commercial hubs as more and more top executives are now showing interest and opting for housing options close to the work. Where are they buying?   Of the nine key cities that PropTiger.com studies, most of them now have commercial-cum-residential pockets that have emerged in the past five years or so.   For instance, in Mumbai, Bandra-Kurla Complex (BKC) is the new south Mumbai. Located in the city centre, BKC has witnessed an uptick in the commercial market over the years, giving a cue to many residential project developers to ...