Realty News
Trump Organisation, a major US based real estate developer, is planning to expand in the Indian cities like Mumbai and NCR. The company is in talks with developers based at Mumbai and NCR for launching two luxury housing projects under their brand. The group has already entered Indian real estate market with a luxury residential [...] Continue Reading »
In the coming financial year (FY), retail sector is going to see a revived activity. Provided the actual economic developments and also the latest Union budget proposals, an economic revival is usually estimated from the second half of 2013, which in turn will increase the growth of real estate sector as well. Together with a [...] Continue Reading »
The housing minister is fighting hard for the Suryanagar Phase IV housing project of Karnataka Housing Board (KHB) in Anekal taluk.Suryanagar Phase IV housing project is located 34 kilometres away from the state-capital at Jigani village. Suryanagar will come forth as the next most sought-after layout on the outskirts of Bangalore. As said by the [...] Continue Reading »
India’s economic capital has been listed as 16th most costliest property market in the world, although at a time when it is worst hit with drought in 40 years. The residential localities in South Mumbai have been adjudged as the 16th most expensive realty market in a recent global survey. The same localities were in [...] Continue Reading »
Magarpatta, located in the eastern part of Pune has emerged as one of the realty hotspots in the city. The locality has been in demand because of its close proximity with Kharadi EON IT Park, Kalyani Nagar, Koregaon Park, Fatimanagar and the Hadapsar Industrial Estate. The much hyped DP Road is also in the vicinity [...] Continue Reading »
Chennai- The landscape of Chennai city will soon change with the numerous residential projects for which approvals have been granted. It is also found that few planning and commercial land-use permissions have been issued for this year. A large number of residential projects will be launched on ‘reclassified’ land. A reclassified land is a land which [...] Continue Reading »
According to Uttar Pradesh Apartment (Promotion of Construction, Ownership and Maintenance) Act 2010, there are five provisions on the formation and management of residents welfare association (RWA), which include : Association of flat owners: Association of flat owners is one of the five clauses which states that each and every apartment should have an association [...] Continue Reading »
The new property tax system proposed by Brihanmumbai Municipal Corporation (BMC) has been challenged by a PIL in the Bombay High Court recently. The new property tax bill will be applicable from April 1, 2013 but has been caught amidsr many controversies. An activist named Rajendra Thacker has filed the PIL which states that the [...] Continue Reading »
While the Garden city is famous for several things, there is one more important factor in the city which has not gained popularity: large apartments. Across major metro cities in the country, the average size of the apartments is roughly between 1,100 sq ft to 1,200 sq ft. But in Bangalore, the average apartment size [...] Continue Reading »
Kolkata – The recent Union Budget 2013 has proposed deduction in tax on home loan upto Rs 25 lakh which has brought cheer to home buyers, especially in Kolkata, as compared to any other major metro cities. One can claim the deduction at tax only if the loan amount is less than Rs 25 lakh. [...] Continue Reading »
