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The new Metro links between Noida, Greater Noida and Ghaziabad will make realty a sound investment proposition here

April 14, 2010 | Author: | Posted in Residential Real Estate

Investing in the fastdeveloping twin cities of Noida-Greater Noida may be the best thing to do as you will most certainly get assured returns. Local authorities, too, are pitching in their lot by bolstering the infrastructure here. Apart from this, both Ghaziabad and Noida-Greater Noida authorities are planning to link the two areas, which will …

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Small is the new big for Real Estate investors

April 14, 2010 | Author: | Posted in Commercial Real Estate

Suddenly there is no stopping luxury brands, hotels, retail formats from entering Tier 2 and Tier 3 cities in what may be bigger and better avatars than even in the metros If you thought ‘mall’ is Greek and Latin to someone in smaller cities and towns you surely need a reality check. Smaller city folk …

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100 Years On, Govt Reworks Property Registration Rules

March 23, 2010 | Author: | Posted in Business

Proposed Legislation Is Likely To Recognise Electronic Stamping and Online Payment of Stamp Duties Registering a property could soon be painless affair with the government planning to replace the century-old Indian Stamp Act, 1899 with a simpler law that will do away with a large number of antiquated provisions and fees. The finance ministry has …

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Time for a realty regulator?

March 10, 2010 | Author: | Posted in Real Estate

End users have for long demanded a real estate regulator to safeguard their investment. But, many developers are against it, arguing that they may be targeted, and that the regulator would only add to red tape Are you a victim of delayed project by developers? Where do you turn to? Do you think there is …

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INTEREST RATES START MOVING UP

March 9, 2010 | Author: | Posted in Real Estate Transactions

Private Banks Make Auto Loans Costlier, Withdraw Teaser Home Offers If you were planning to buy a car or a house, prepare to shell out a little more. Signaling that the interest rates in the country have bottomed out, leading private sector banks, HDFC Bank, ICICI Bank and Kotak Bank, on Thursday raised interest rates …

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BOOKING HOME BEFORE JULY MAY LET YOU ESCAPE 3% TAX

March 9, 2010 | Author: | Posted in Real Estate

Govt. May Exempt Flats Booked Before Notification of Widened Construction Service Tax 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 …

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DLF CONVERTS MUMBAI MALL PROJECT INTO RESIDENTIAL ONE

March 8, 2010 | Author: | Posted in Real Estate

DLF, the country’s largest realtor by market value, is planning to build a premium residential apartment complex at Worli in Mumbai instead of a high-end mall project, as demand for retail spaces has come down sharply, according to a company executive. “We felt residential will do well here, and we will fix the price depending …

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BUILDER CARTEL JACKS UP PRICES IN MUMBAI

March 8, 2010 | Author: | Posted in Real Estate Transactions

Half a dozen developers control 70 per cent of Transferable Development Rights in the city. A cartelisation of Mumbai’s real estate, one of the costliest in the world, in the matter of transferable development rights (TDR) has put upward pressure on prices and has also caused concern in policy circles. In a recent development, just …

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