Realty News
The real estate analysts are expecting an increment in the cost of residential real estate properties in India. As the new launch of projects are improved in the major cities, the conditions of the builders will improve with the improved cash flow in next few months. Though the sale of apartments are not happening in [...] Continue Reading »
The real estate sector has the maximum growth potential and provides higher amount of employment after the agriculture sector. Though in the union budget 2012-13, no such declaration was made, the builders and developers still hoping to get the industry status. The developers have again raised the demand for granting the industry status, which will [...] Continue Reading »
The Orris Infrastructure Private Limited launched a new township projects on the Yamuna Expressway. The Orris Curio City will be developed on 200 acre land. Different size of residential apartments will be constructed in the township. The township will provide a luxury living with a comfortable lifestyle. The township will be developed with a combination [...] Continue Reading »
With the increase in input cost for the real estate industry, a rise in the property cost is expected in the real estate market in the country. With the hike in service tax, the cost of cement, steel and the labour wages have increased sharply in India. As a result of the rise, the scope [...] Continue Reading »
The Housing Development Finance Corporation (HDFC) banking sector is on a pace of dropping down the interest rates of home loans. It all depends on Reserve Bank of India (RBI). If RBI goes for a dip down in interest rates, HDFC is sure to follow up the same with home loan categories. In concern with [...] Continue Reading »
The middle class citizens aiming for own house still stands as a distant dream. At present this dream seems not to come true at all, as the land prices are skyrocketing with the days progressing. Investing or purchasing independent house does not come under middle-class population budget. At cities like; Kozhikode, Thrissur, Kochi and Thiruvananthapuram [...] Continue Reading »
Is the water you consume daily fit for drinking? Every human needs at least one or two litres of safe drinking water every day! Many of us assume that the water we get from taps and shallow or deep bore wells are fit for drinking. Which has been proved incorrect unfortunately! This came into light only [...] Continue Reading »
With the proposed rise in the stamp duty for leave and license agreement in Maharashtra, the cost of rented apartments in Mumbai will increase. The government has increased the rate of stamp duty from 0.1 % to 1% for the current financial year. According to the real estate analyst, this decision will impact the rental [...] Continue Reading »
The planning commission has suggested to introduce new tax rule on vacant land. In a draft proposal the government wants to implement vacant land tax to generate revenue for urban infrastructure. In the draft it is proposed to charge the tax of 0.5% of the total value of the land. The government has noticed that [...] Continue Reading »
Properties in Guwahati has the highest registration fee of 16.5 percent when compared to throughout India. To slow down these rates the Assam Real Estate and Infrastructure Developers’ Association is fighting against this imposition. Due to high registration fees and growing interest rates, the real estate market is showing a major slump. Meanwhile, green homes [...] Continue Reading »
