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 2010

Jaypee Greens Sports City in Greater Noida
Friday, 30 Apr, 2010 – 14:37 | No Comment
Jaypee Greens Sports City in Greater Noida

Jaypee Greens Sports City Greater Noida offers 2, 3 and 4 bedroom apartments in Greater Noida  class amenities like lush green surroundings, world class infrastructure, parks, shopping centers, secured gated community, multi …

Property Market in Mumbai
Friday, 30 Apr, 2010 – 14:32 | No Comment
Property Market in Mumbai

One of the largest public frauds happening in the country, specifically in Mumbai. The major players in this industry include DB Reality (India Agriculture Minister Sharad Pawar lobby), Unitech (Congress lobby) and DLF …

Unitech Expected More Bookings in 2010
Friday, 30 Apr, 2010 – 14:24 | No Comment
Unitech Expected More Bookings in 2010

Unitech Ltd,the real estate developers said that it has sold 16.6 million square feet of residential and commercial space during financial year. This is more than five times the bookings clinched in Feb 2009 …

Price Hike Expected by 2.5% in Housing
Friday, 30 Apr, 2010 – 14:15 | No Comment
Price Hike Expected by 2.5% in Housing

The concession announced by the government on service tax but said housing cost will still go up by around 2.5 per cent. However, the developers are not satisfied that their demand to exclude …

Tax Relief to Realtors – Finance Ministry
Friday, 30 Apr, 2010 – 14:08 | No Comment
Tax Relief to Realtors – Finance Ministry

Home buyers can pay less for property following a partial rollback of a budget levy on realtors -as per finance minister Pranab Mukherjee . He said realtors would pay a 10 per cent …

Rise in Property Prices in Pune
Thursday, 29 Apr, 2010 – 13:04 | No Comment
Rise in Property Prices in Pune

Prices on properties ,grow up by 9.2% in the last quarter, making pune one of the only three cities in the country to see a rise. Apart from Pune, Ahmedabad and Kolkata saw a price …

Parsvnath to Exit from Ahmedabad
Thursday, 29 Apr, 2010 – 12:54 | No Comment
Parsvnath to Exit from Ahmedabad

Parsvnath Developers Ltd, one of the leading real estate developers , are planning to move their operations out of Ahmedabad,sources said.
They sold its top property in Satellite for around Rs 150 crore last …

Tata Housing to Invest Rs 300 to 400 crore on lands
Thursday, 29 Apr, 2010 – 12:32 | No Comment
Tata Housing to Invest Rs 300 to 400 crore on lands

The real estate firm of Tata Sons Ltd plans to invest Rs 300-400 crore during this fiscal to acquire more land and build a pan-India presence, its chief executive officer said. Tata Housing …

Stability in Office Space Rentals in 2010
Thursday, 29 Apr, 2010 – 12:22 | No Comment
Stability in Office Space Rentals in 2010

Rents for office space witnessed stability in 2010 as increased spending by IT and ITES firms , a recent survey by real estate consulting firm C.B. Richard Ellis indicated. The market for commercial …

Service Tax on Real Estate can be Modified
Thursday, 29 Apr, 2010 – 12:12 | No Comment
Service Tax on Real Estate can be Modified

Jaipal Reddy, The Urban Development Minister  will soon take up with the Finance Ministry, the  issue of service tax imposition in the real estate area proposed in the Budget.
This …