April 17, 2009

Would you pay little extra for energy efficient house?

BrixResearch Moderator says: As the world grapples with energy issues, real estate developers are experimenting with techniques that help them save energy and maintenance costs of property. A lot is being done on this front in India too. Many energy efficient buildings or ‘green buildings’ (as they are popularly called) are operational in the country. Presently about 65 buildings have the green rating in India.

Energy efficient buildings may cost little extra than the conventional buildings but the long-term maintenance is comparatively low. Would you pay little extra to install energy efficient features in your house?

Share your feedback in the comments section.

April 7, 2009

Property prices poised to slide down further?

BrixBlog Moderator says: A property report by financial services provider Edelweiss expects real estate prices to decline by around 60% over the next five to six years from its peak in the first quarter of 2008. “Property prices in India increased sharply over the past 6-7 years, rising two and a half times over 2001 prices. We expect a price correction of 58% in real terms from the peak,” Edelweiss said in its report.

Market estimates show that property prices have stagnated, as compared to the values prevalent a year ago. And this too, has not stimulated much demand in the market. On the contrary the market has become stagnant. Buying and selling is happening only in desperate cases. Otherwise buyers are holding on to their cash and sellers are holding on to prices.

Does further correction in property prices mean good time for buyers? Or, does it indicate further stagnation in the market.

Please answer in the 'comments' section.

April 3, 2009

How much does 2-BHK flat cost in Pune?

BrixBlog Moderator says:- User queries are becoming increasingly popular with our surfers. This time we present Manish Jhaveri’s query. He wants to know the estimated budget to buy a 2 BHK flat in Pune. Any suggestions for Manish? Type your suggestions in the ‘comments’ section. Get going here…

Manish Jhaveri’s query: 
I am IT professional. I want to buy a 2 BHK flat in Bibwewadi, Pune. How much would it cost me? What should be my estimated budget? Can anybody guide me?