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Realty News

Infrastructure companies in a debt reducing spree

Infrastructure companies in a debt reducing spree
Indian companies, especially those engaged in infrastructure development of the country, have been busy reducing their debt burden. Many companies have sold off their assets to clear off debts as this has helped them in cleaning up their balance sheets. This has resulted in the improvement of the debt-equity ratios of the companies. The banks have [...] Continue Reading »

Capital gains tax for buying more than one home after selling the old property

Capital gains tax for buying more than one home after selling the old property
If you are thinking about buying a couple of apartments after selling your dilapidated ancestral home, then be prepared to shell out a hefty sum in capital gains tax. The new Budget has capped tax breaks available to such property buyers. This has been done through a seemingly innocuous tweak in the language of Sections [...] Continue Reading »

Fraud events rising in the industrial sectors

Fraud events rising in the industrial sectors
Multiple fraud events have increased in the form of both fake employment letters and fake degrees in applications especially for jobs in IT, BPOs, hospitality, manufacturing and retail sectors. This situation has aroused because of the unwarranted mom and pop companies that impart job training to desperate job seekers and provide them with fake experience [...] Continue Reading »

Delhi is a preferable sector for realty sector than Dubai and Singapore

Delhi is a preferable sector for realty sector than Dubai and Singapore
The strong and stable government at centre is ceasing to control over the policy problem that has crippled the Noida city and other real estate markets in India for a long one year, the investors who have shifted to Dubai for the better gains, have again started to come back and invest in Noida and [...] Continue Reading »

Reasons in the hike of property prices

Reasons in the hike of property prices
Do you ever wonder the reason of property prices in the neighbouring town heads for the stratosphere where the plot that you have wondered to buy without any gains? Research says that the three Ls of property investments are the location, the location and yet again the location. The property price generally tends to spurt [...] Continue Reading »

Foreign investors likely to invest only in metros

Foreign investors likely to invest only in metros
Industry experts believe that the global investors may initially focus at major metros than investing in high-risk Tier 2 and 3 cities. It is expected that the government’s move to reduce capitalisation limit to $5 million is likely to attract FDI in the real estate sector. The international players are reluctant to enter the markets, [...] Continue Reading »

Demand for Commercial Real Estate shows an upward trend

Demand for Commercial Real Estate shows an upward trend
Modinomics has had a positive response in the field of commercial real estate. Driven by the positive sentiment after the formation of a new government, the commercial real estate, which was hit by the economic downturn, is showing signs of revival. After a lull of more than two years, office space absorption in the first [...] Continue Reading »

Three elevated roads to come up in Velachery

Three elevated roads to come up in Velachery
The flourish of Velachery will be receiving a major boost in infrastructure this year along with the highways department as they are planning to start the work on three newly elevated roads and a skywalk in a locality that is being expected to soon become one of the busiest city hubs. The new elevated roads [...] Continue Reading »

Municipal Commissioner in Mumbai charged of not following court’s order

Municipal Commissioner in Mumbai charged of not following court’s order
Last Thursday the high court in Bombay was told that the municipal commissioner Sitaram Kunte have not been taking right decisions on the  proposals for redevelopment of the cessed buildings whose proposed heights are more than 24 metres in the Dadar and Matunga region despite the court’s order. The law and enforcement department has been [...] Continue Reading »

Airport Express Metro Line fare to reduce in Delhi

Airport Express Metro Line fare to reduce in Delhi
After operating the Airport Express Metro Line for a long time since the past one year, the Delhi Metro Rail Corporation last day has made a decision to reduce the level of passenger fares for up to 40 percent. The new rate of passenger fare will be levied from the 24th of July. As stated [...] Continue Reading »



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