Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Articles Archive for April 2009

Home loan rates may drop again, say analysts
Monday, 27 Apr, 2009 – 12:29 | No Comment
Home loan rates may drop again, say analysts

Home loan interest rates, especially on new home loan accounts, started softening from the beginning of this year when the Reserve Bank of India
(RBI) announced sharp cuts in the repo rate and cash reserve ratio …

Home, sweet home from Abodes India
Monday, 27 Apr, 2009 – 12:29 | No Comment
Home, sweet home from Abodes India

The easy to use abodesindia.com is helpful for those who want to buy, take or sell a residential property on lease. It gives a free listing of properties in as many as 300 cities across …

Retail and Commercial Sector Feels the Heat of Recession
Monday, 27 Apr, 2009 – 12:28 | No Comment
Retail and Commercial Sector Feels the Heat of Recession

The meltdown in the residential segment of real estate is known but the situation is no better in the retail and commercial space as well. Many projects across the country have been badly hit and …

SBI home loan scheme has hit the right note
Monday, 27 Apr, 2009 – 12:28 | No Comment
SBI home loan scheme has hit the right note

According to the sources, State of Bank Of India, India’s leading public sector bank, has fixed the interest rates for the loans up to Rs 20 lakhs for a period of one year. However, the …

Mumbai resi prices fall by up to 40%
Monday, 27 Apr, 2009 – 12:27 | No Comment
Mumbai resi prices fall by up to 40%

Premium residential property prices built by major developers in Mumbai, till now relatively shielded from the recession, have fallen by 25-40%.
Large builders and developers including HDIL, Mahindra Lifespaces and Runwal Group are now ready to …

No Property Tax To Be Charged On Small Apartments in Mumbai
Monday, 27 Apr, 2009 – 12:27 | No Comment
No Property Tax To Be Charged On Small Apartments in Mumbai

The state legislative council has approved the new bill to evaluate property tax on capital value instead of rateable value in Mumbai. This decision will benefit residents of flats that have a carpet area of …

Houses in the Range of Rs 5-10 Lakh to be Developed by Unitech
Monday, 27 Apr, 2009 – 12:26 | No Comment
Houses in the Range of Rs 5-10 Lakh to be Developed by Unitech

Unitech is planning to launch mid-segment residential projects in the range of Rs 5-10 lakh in metro and suburban cities like Gurgaon, Chennai and Kolkata over the next few months. “We are amazed at the …

More malls despite the slump
Monday, 27 Apr, 2009 – 12:26 | No Comment
More malls despite the slump

CHENNAI: The slowdown may have stalled construction projects across the country, but Chennai is set to get six to eight new malls in the next couple of years, replete with food courts, cinema theatres, …

DLF’s Gurgaon mall project back to drawing board
Monday, 27 Apr, 2009 – 12:25 | No Comment
DLF’s Gurgaon mall project back to drawing board

The developer is exploring options such as reducing the size of the mall or building a hotel and office space besides the mall
New Delhi: The country’s largest developer by market value, DLF Ltd, has …

Sulekha survey reveals paradigm shift in real estate preferences
Monday, 27 Apr, 2009 – 12:22 | No Comment
Sulekha survey reveals paradigm shift in real estate preferences

The real estate market in India is one of the most volatile and keenly watched segments of the Indian economy. It plays a significant role in the country’s economy. The real estate sector is second …