Call it the turn of the tide. Wealthy Indians are making the most of the downside and are again choosing to buy property on foreign shores after a decline in 2008. The US sub prime …

The tax on income from house property has all along been on one’s potential income and not on one’s actual income unless the latter happens to be greater than the former. The Direct Taxes Code …

City Corporation has started apartment exchange scheme. This exchange scheme meant for its future customers who would exchange their present house with an apartment in the firm’s Amanora Park Town project in Pune. …

The revival of riches in the real estate sector has encouraged textile companies with huge land banks to enter into property development.
Among such companies are textiles major Bombay Dyeing and Century Textiles.
Golden Tobacco, manufacturer of …

To bring in more transparency to its accounting procedure, Bangalore-based real estate developer Lalith Gangadhar Constructions will maintain an exclusive construction escrow account with Kotak Bank for the LGCL-Ashlar project it is developing in Garden …

With an uncertain demand situation in the real estate industry, pricing practices are taking a novel turn. DLF, the country’s largest real estate company, is adopting a pricing model that resembles book-building in initial public …

Mall developers and retailers in the country appear to be slowly warming up to the revenue-sharing model. Mumbai-based Entertainment World Developers Pvt Ltd (EWDPL) has just launched a mall-in-mall concept called Treasure Showcase, which allows …

With a recovery in the residential portion of the real estate sector gaining ground, developers in Mumbai are banking heavily on the premium category. While relatively older apartments in South and central Mumbai continue to …

The Indian real estate is expected to enter the recovery phase by end-this year and macro-economic and sector-specific factors will act as catalysts in this recovery, a leading real estate consultancy said. “Economic recovery during …

Retail industry circles are abuzz with the possibility of an imminent tie-up between Future Group and the world’s No 2 retail Retailer, Carrefour, after a hush-hush visit by the French chain’s global chief executive, Lars …