Bringing construction services under the ambit of the service tax is likely to raise the cost of apartments that are still under construction. As per the Budget proposal, construction would be deemed to be a …

IT is mixed sentiments for some players in the real estate industry as IT sector in Bangalore trundles back on purchase mode but Hyderabad displays a cautious sentiment owing to the current political situation.
The IT …

The good news is that Finance Ministry has recently clarified that Income Tax benefits on home loans may be retained in the proposed Income Tax Code and that such contentious issues will be considered after …

Like the rest of the world, the real estate market in Chennai has been through one of the worst years in recent times. With the year 2009 behind, there is optimism amongst developers that 2010 …

The last decade has seen major socio-economic developments in India, with the nation last five years growth recorded at a compound annual rate of 8.9 per cent.
This impressive number meant improvement in the income level …

The Noida-headquartered Logix Group, which has established more than 25 IT and ITeS parks over 4 million sq ft in and around Noida, has come up with its first residential project Blossom County. The residential …

Nariman Point in Mumbai area is the fifth most expensive office location in the world with an average annual rental of $107-per sq ft, according to survey conducted by Cushman & Wakefield realty services firm.
This …

Aliens Group is diversifying into new verticals. To start with, the company is planning to launch affordable housing projects. It is also looking at selling plots at affordable prices.
Till now, it focused on medium and …

Merlin Warden Lake View, an ambitious project of KolkatabasedMerlin Projects, actually offers the view of a 64,000-square foot lake from each of its apartment.
All the flats have a deck that provides a full view of …

The realty scene in Kozhikode in 2009 was remarkable to an extent following the economic recovery nationwide in the fag end of the year. Existing companies launched several new projects and new companies forayed into …