Realty News
The powers of technology are as such that smart living has now become a trend, and babies can be looked after from afar given necessary conditions. Working parents have started to keep a watch on their kids through an app on their smart phones. Raghu, an HR Professional living in a gated community in Whitefield [...] Continue Reading »
Ajay Piramal forerunner Primal Enterprises (PEL) has combined with the world’s second-largest pension fund APG Asset Management (APG) to form a vital union necessary for investing a billion dollars in India’s infrastructure. The equally split joint venture of PEL and APG will involve the initial amount of $375 million from each side, and the investment [...] Continue Reading »
Due to the fact that India is gaining a stable government looking to improve market sentiments by introducing reforms such as launching new projects and increasing sales volume, Indian property prices are expected to rise in the latter half of the 2014 quarter, according to the Knight-Frank FICCI Survey. The FICCI index is based on [...] Continue Reading »
Shriram Properties Ltd, a part of the $15 million diversified Shriram group has hit a milestone with the new real estate deal involving legendary film producer A V Meiyappan. Shriram’s real estate unit has big plans of building 700,000 square feet worth of residential property around India’s oldest surviving film studio AVM, where economic interests [...] Continue Reading »
Global Property Consultant DTZ has provided information pertaining to the demand for commercial property in Delhi-NCR from IT/ITeS Sector leading to a 11% increase in office space absorption to 1.38 million square feet in the April-June quarter of 2014. Rentals, however are still minimal and the quarter on quarter analysis actually shows that the absorption [...] Continue Reading »
The real estate arm of HDFC Group, HDFC Property Fund is to invest Rs 700 crore in four residential realty projects coming up in Pune, Bangalore, and NCR. HDFC Property Fund has announced that the investment will be made from its second offshore fund worth $250 million (Rs 1,500 crore) and will be used for [...] Continue Reading »
The new government is finally focused on providing housing options for all, and this is precisely what is drawing prominent foreign and domestic investors to display interest in the Indian real estate market. Data from VCCEdge has illustrated that last years Indian real estate private equity funds from the international market amounted close to $370 [...] Continue Reading »
Times are a changin’ if home prices become cheaper because of a proposal made by the revenue department that is still under consideration. The proposal demands that builders pay tax on their unsold inventory as this comes under stock-in-trade policy that is subject to taxation under ‘income from house property’, regardless if they are not [...] Continue Reading »
From the 5th of August till the following 10 days the Delhi’s Tihar jail will have the sort of visitors who generally find them working in very different circumstances. All these visitors will be coming to see Sahara chief Subrata Roy who has been trying to raise the Rs 10,000 crore that would allow him [...] Continue Reading »
Post declining several proposals that had been sent by the Ghaziabad Development Authority (GDA), executive committee members of the city municipal corporation on Monday told the city authority that the corporation would pay its share towards the 9.41km metro route. However they further stated that will pay their share only if the GDA settles the [...] Continue Reading »
