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apartments in south Mumbai

South Delhi, Gurgaon and south Mumbai facing 30% dip in apartment rentals

South Delhi, Gurgaon and south Mumbai facing 30% dip in apartment rentals
From the views of property consultants apartment rents in cities such as South Delhi, South Mumbai and Gurgaon undergoes a great fall from 20% to 30% when compared to last year survey. What would be reason for this drop down? From property broker’s view, for the past two year’s commercial office and job market space [...] Continue Reading »

South Mumbai- world’s 16th most expensive property market

South Mumbai- world’s 16th most expensive property market
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 »

HUL focuses on selling properties in metros

HUL focuses on selling properties in metros
Hindustan Unilever Ltd (HUL) is now thinking of disposing of its residential properties and plots after selling/leasing out its commercial properties last year. The consumer goods giant is focusing on selling these properties basically in the metro cities which can garner revenue of Rs 100 crore. About two dozen apartments and land parcels in posh [...] Continue Reading »

High Valued Properties are Avoiding Stamp Duty

High Valued Properties are Avoiding Stamp Duty
Many high valued properties in India are avoiding the payment of stamp duty as the buyers are acquiring the shares of the construction company, which owns the property. In the process the buyers are not transferring the ownership of the property in their name by paying stamp duty. Thus the seller avoids the payment of [...] Continue Reading »



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