Latest Answer: Guys,
On year-on-year and quarter-on-quarter premise, cities like NCR, Chennai, Pune, Bengaluru, the Mumbai Metropolitan Area as well as Hyderabad stayed stable. Now a days unsold inventory is becoming a bad nightmare for builders. Huge stock of unsold units ,attracting all attention of builder. So new projects are hardly coming.
Latest Answer: Hey Guys,
As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
Latest Answer: Hi Mr Raj,
India allows FDI in most of the sectors via automatic route. The nod from FIPB in the Finance Ministry is required in certain sectors like pharmaceutical and defence, which are considered as sensitive areas.
At the forthcoming meeting, FIPB will also consider proposals of J P Morgan Asset Marketing (Asia), Touchstone Trust, Blue Star Infotech, Aurbindo Pharma, Hospira Pte Ltd, Sai Life Sciences, Mylan Laboratories Ltd, Centurion Laboratories and Montblanc Services BV, and others.
Latest Answer: Hi James,
Now a days many investors & home buyers are confused where to invest? Investment purpose only to gain handsome return. So what to do? Where to invest ? These are some common questions in their mind. As always, location plays an important role. This means that the rental market for such a property diminish gradually.
Q:HI, Now a days a news comes to hear that REITs can be a boon for the industry to tap into structured, institutional sources of funding. Can anybody tell me how?
Latest Answer: Hey Sarith......
Don't be so pessimistic. The current tax system for REITs in India leads to multiple levels of taxation, as a result of that contrarily affecting the yield to investors and making REITs unattractive for investment. For REITs to become mainstream vehicles for large nos of investors, it is essential to get the tax regime for REITs in India at face value with the international tax system.
Latest Answer: In addition to it, the rupee’s plunge to steep lows in the last summer propelled a number of expats to feel optimistic about the Indian property market, taking advantage of its currency weakness. Furthermore, on account of the general slowdown, developers were offering discounts to seal as many deals as possible, hence a number of NRIs got properties about 25-30 percent cheaper than the normal rates.