Indian real estate market
JAIPUR: Jaipur Development Authority (JDA) has determined to break the switch on lease money defaulters and has a subserved 15-day requirement. The civic body has served a record of 100 defaulters and programs to collect Rs 20 crore. In the notice, the civic body announced it would connect properties or seize bank accounts if delinquents do not pay the [...] Continue Reading »
Punjab government to offer 10% rebate for property tax defaulters LUDHIANA: The state government’s recommended movement to endeavor a 10% rebate on those who have defaulted on paying property tax is creating heartburn amongst those who paid the tax on time. Punjab local bodies minister Brahm Mohindra is assumed to publish the rebate shortly. Taxpayers are of [...] Continue Reading »
The National Capital Region comprises Delhi, New Delhi, cities surrounding them in Haryana, Uttar Pradesh and Rajasthan. Its compass includes the Haryana Sub-Region with Faridabad and Gurgaon, which are the two most prominent districts here, with a lot of promise. Then there is the UP sub-region that includes Ghaziabad, the Rajasthan sub-region and now UP [...] Continue Reading »
Many Indian Real Estate developers have proposed to Global firms for possible investment and ventures in India regarding two independent consultants. The equity and property firms of Singapore, Malaysia and several other Asian countries are taking proper information on the Indian Real Estate Market ever since the central government has relaxed the foreign investment norms [...] Continue Reading »
Equity firms and International Property dealers from Singapore, Malaysia and West Asia and Asia are planning to invest in the Indian real estate market. This interest of foreign players started being eminently visible when the Government became lenient on the foreign investment norms of the Indian real estate market. Certain Indian developers have started to [...] Continue Reading »
As a welcome development for the realty sector, the Delhi based realty company Ambience has pledged investments to the tune of INR 1, 950 crore throughout a period of four years for its new luxury housing endeavours. These luxury projects will be based in Noida and Gurgaon respectively and are representative of the new found [...] Continue Reading »
CBRE the global property consultant on Monday released a report which gave some insight about the activities in the real estate sector. According to its findings the residential real estate market across leading cities of the country is unlikely to see any traction before the upcoming festive season. It is expected that demand will improve during [...] Continue Reading »
No longer is the Indian real estate sector an unorganised one, thanks to the investments from foreign players and Indian corporate houses. Rapid urbanisation, increasing levels of income and opening up of the sector to FDI have resulted in phenomenal growth of the Indian market. The multiplier effect of the real estate sector is what [...] Continue Reading »
The real estate market in India has been witnessing the churn in the last six months of the year and the first half of the year 2014 has not experienced any promising development from most of the developers. The report was given by a survey conducted by Proptiger which is a real estate advisory service [...] Continue Reading »
Price correction is apparently on the cards for Mumbai’s resale property market; with trends governing the real estate market having been deciphered by realty experts and investors ahead of the formation of the new Government in India. Despite the fact that the realty market in Mumbai is a dynamic one, transaction volumes in the city’s [...] Continue Reading »
