home buyers
Pimpri Chinchwad Municipal Corporation (PCMC), a well-planned satellite town adjoining Pune, that offers properties at an affordable price, good amenities and infrastructure and also promises a good return. Property prices are rising even in outskirts of Mumbai and the ratio of affordable housing has gone out of control. However Pune real estate has a far [...] Continue Reading »
Noida authority has decided to warn the “defaulter” developers, who have not paid the due amount for the land given to them for development. Noida and Greater Noida home-buyers need to be serious about the issue, as such developers will not be allowed to sublease or register flats in the favour of home-buyers. As per [...] Continue Reading »
Buyers Alert! Home buyers in India will have to think twice before buying luxury homes with price tags of over Rs 50 lakh. The home buyers who have already booked under construction apartments that cost over Rs 50 lakh will have to pay one percent tax deducted at source (TDS) and this tax burden is [...] Continue Reading »
In the period between 2002- 2007, Indian real estate observed notable growth, with a large number of project launches in the same period and the introduction of Real Estate Consultants came into spotlight. When compared to property dealers, the real estate consultants were professionals, educated people and knew the presentation level required for the projects [...] Continue Reading »
Real estate developers are more interested to launch luxury residential projects than building affordable housing due to the increased cost of construction. Real estate biggies like Oxame, Tata Housing, Supertech, DLF and Unitech had initially planned to come up with affordable housing to lure home buyers, but are now planning to make some changes in [...] Continue Reading »
Bangalore real estate sector is recording healthy growth and competition among the developers are rising. Real estate developers, mainly from Mumbai are bringing in the concept of deferred payment to the city to attract home buyers. The property buyers book apartments by paying a minimal amount of about Rs 2 to 5 lakhs and start [...] Continue Reading »
Delhi-NCR: Kundli-Sonipat-Panipat stretch of the NCR region located in the north Delhi has been witnessing enormous real estate growth. The infrastructural development projects and ongoing and upcoming prime projects in this region have driven large investments in real estate sector. The prices of properties in Kundli, Sonipat and Panipat are lower compared to other parts [...] Continue Reading »
Gurgaon- Real estate in Gurgaon is emerging mainly as an investor-driven market wherein the investors can make high profit in short span of time. Many investors are of the opinion that no bank or other financial institutions can reap benefits as fast as the realty sector. For instance, if there is a new project launched [...] Continue Reading »
New Delhi- The new Real Estate (Regulation & Development) Bill proposes that the real estate developers will have to first seek all the requisite permissions and approvals before they set out to announce their projects and get the buyers to sign up. The proposed Housing Bill makes it mandatory for the builders to get permissions [...] Continue Reading »
The state government is planning to cut the cost of formalizing joint development agreement to a mere Rs 200, which is expected to benefit consumers as developers will pass on the cost benefits to them. In order to keep builders happy, the government has removed the one percent fee clause imposed on joint development agreement and related power [...] Continue Reading »
