News
Investors in Mumbai flats want money back
timesofindia.indiatimes.com
[Times of India] - "Investors are not happy,'' said Pankaj Kapoor of Liases Foras, a real estate research firm. "Builders were calculating super built-up area at 100%. Now, the overall saleable area has reduced. Their entire economics has gone for a toss,'' said Kapoor.
PE realty players bet again on luxury
www.hindustantimes.com
[Hindustan Times] - Add % profit margin of the developer and you can only have luxury housing," said Pankaj Kapoor, MD, Liases Foras, a real estate consultancy. "So now you have only luxury housing coming everywhere whether it is slum rehabilitation in Mumbai or in
Google News: Mumbai realty: Relief or a warning bell?
[Moneylife Personal Finance site and magazine] - Pankaj Kapoor, MD, Liases Foras, said, “The decline in registration means that even the secondary market is not working. The primary supply already had a problem with high price, but now, even the secondary market has failed to perform.
16-acre plot bought for Rs 300 crore in Goregaon
www.hindustantimes.com
[Hindustan Times] - Pankaj Kapoor, director, Liasas Foras India Limited, a real estate research firm, said, “The land price determines the viability and the company will make good profits.” He attributed the recent changes in Development Control Rules (DCR), which stopped
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