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Time for super luxury flats
A new class of high-end apartments is redefining the word ‘luxury’ with builders now talking about beauty parlours and bowling alleys, private cinema halls and personal swimming pools in ’smart homes’. Vivek Shukla takes you on a tour At a time when talking and taking up the cause of affordable homes has become a trend, luxury housing [...]
Continue reading...Blueprint ready for FDI in retail sector
7. July 2010
SAFELY BUT SURELY Government discussion paper proposes regulator and clauses to protect small shops Allowing FDI in multi brand retail in India is a step in the right direction. RAJAN BHARTI MITTAL , President, FICCI Govt must also consider allowing foreign institutional investors. THOMAS VARGHESE , CEO, Aditya Birla Retail The government on Tuesday made a strong [...]
Continue reading...Realty funds compete on terms for investors
30. June 2010
Sweeteners, liquidity buffers dangled to get over uncertainty. With fund raising activity picking up, property fund managers are offering easier and flexible options to investors to garner higher interest in their funds. Over Rs 7,000 crore of new fund raising has been lined up by fund managers and real estate companies in the current financial year and [...]
Continue reading...LEGAL REMEDIES - Assured returns in real estate
29. May 2010
The investment may not be as safe as a fixed deposit, but if done prudently, will certainly benefit the small investor The stock-market crashes worldwide that accompanied the recession have alerted an investor to actively seek low-risk investment options. Assured return schemes (ARS), such as fixed deposits and public provident funds, have long been popular with [...]
Continue reading...Be double careful if buying property at pre-launch stage
14. May 2010
If there is a sudden market crash or the developer runs out of his operational cost, or his bank funding is stopped, the project may be in a limbo While buying a property at a soft launch stage or a pre-launch, you need to be very sure about the developer’s capability to deliver on time and [...]
Continue reading...Property Bargain bazaar
8. May 2010
Want to buy a house? Do some research and ask questions… there are a whole lot of discounts that you can get from developers or brokers With numerous real estate options available to buyers, the market has evolved and the level of competition has forced developers to become customer-centric. When BPO employee Ayushman Sharma (32) decided [...]
Continue reading...Buying property choose A suitable payment plan
8. May 2010
What are the payment options you are choosing for buying your property? Owning a home is a dream most of us cherish and undoubtedly, one that warrants careful planning. We take many factors into con- sideration when zeroing in on a property proximity to our workplace, amenities on offer in the locality, state of infra- [...]
Continue reading...RBI to come up with Two Real Estate Indices for Residential and Commercial Property Prices
10. April 2010
The Reserve Bank of India (RBI) may soon come out with two real estate indices — one reflecting movements in residential property prices and another for commercial property rates. A RBI report on asset price monitoring system has recommended that the indices should be revised every quarter. If RBI accepts the suggestions, the indices could [...]
Continue reading...DECONSTRUCTING SERVICE TAX, Everything you wanted to know about it and the fallout on property market
10. April 2010
DECONSTRUCTING SERVICE TAX Everything you wanted to know about it and the fallout on property market
Continue reading...Where do you invest?
27. March 2010
Where would you put in your money? In a developed area or a developing zone Where would you like to buy property? In a developed or a developing area? Girindra Karn, MIS Analyst with an IT firm, had numerous sleepless nights before zeroing in on a property in Greater Noida. It was far cheaper than properties [...]
Continue reading...India among world’s top 3 preferred investment destination
14. March 2010
India is among the world’s top three preferred investment destination, but equity caps limit the size of potential inflows, according to a Columbia University report. The report cited liberalization in FDI policy and several economic sectors, a globally competitive workforce, and rapid GDP and market growth as the main drivers of foreign investment in India. Yet, it [...]
Continue reading...Booking home before July may let you escape 3% tax
6. March 2010
Those looking to buy a house would do well to book one before July, when the new service tax levy on construction service will come into effect. The cost of flats will go up 3.3% of the total purchase consideration once service tax begins to be levied on construction. The government is considering exempting from tax [...]
Continue reading...Govt Doubles Ceiling on Automatic Foreign Investment
16. February 2010
A month and a half before the unveiling of India’s consolidated foreign investment policy, the government on Thursday doubled the ceiling on automatic foreign investment from Rs 600 crore to Rs 1,200 crore. Union commerce minister Anand Sharma, who announced the decision, said the move is expected to make India a more attractive destination for [...]
Continue reading...Invest in realty, secure your future
13. February 2010
A veteran journalist often advised his junior colleagues to buy a house before they were 40, and another before they retire! Noted journalist and writer, late V S Upadhyay, who played a key role in acquiring land from DDA for Delhi-based journalists in Gulmohar Park and was also responsible for enrolling many journalists as members of [...]
Continue reading...Foreign Investment in India
5. February 2010
The news that in 2009 India produced more Dubai real estate buyers than any other country may not be a big surprise – but it does trigger the question: when will India reciprocate, and allow the rest of the world to easily buy a stake in its real estate? India’s role in Dubai is easy [...]
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- OCUS Group Announces the Launch of its Second Commercial Project in Gurgaon
- Builders have no right to sell stilt parking: Supreme Court
- FAR raised, Noida set to grow taller, greener
- Now you can make 3-storey house in Noida
- HDFC raises home loan rates by 50 bps
- MP builder cites staff crunch for project delay
- GURGAON TO CP BY METRO RAIL FROM SEPTEMBER 3
- Consumer Affairs Ministry Gives Green Signal to 49% FDI in Multi-Brand Retail
- Maharashtra Govt Prohibits Use of Petrol Pump Land for Real Estate Purpose in Mumbai
- 6 Chennai Projects Get Top Ratings from CRISIL
24. July 2010
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