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Q: With the rise in the service tax the cost of construction has been increased. What is happening due to the rise in the construction cost?

Latest Answer: Hi all, there was a protest held by construction workers in Vijayawada, A.P against the rising costs. To read more about this issue click The real estate sector is protesting in Vijayawada.
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Q: Is there any chances of rise in Mumbai property price in near future or it will remain stagnant?
Latest Answer: Yes it is expected that there will be rise in property price because now for residential buildings FSI will cost 60 percent of the ready recknor rates and for commercial buildings, builders will have to pay 100 percent of the ready reckoner rates.
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