Indian real estate
Sumit Jain, the Co-founder and CEO of CommonFloor.com has observed an interesting trend over the last one year in the Indian real estate market. There is an increased demand for ready-to-move-in properties. The main factor which is responsible for this rise in demand is the inordinate delay in project delivery. Due to this the home [...] Continue Reading »
The data collected by the Director General of Registrations, Mumbai concluded that the registration of property sales in Mumbai is increased by 0.06 percent in February 2014. On the basic of per month data, the registration of properties have decreased by 11.4 percent in February but the numbers are strong in comparison with the 2012 [...] Continue Reading »
The ‘Verified Property Show 2014′ is a property exhibition that invites property developers as well as over 500 investors to come together on a common platform in order to build trust and relationships in such a challenging real estate market. The property show looks towards the genuine residential and commercial investors who are aiming to [...] Continue Reading »
Some of the new amendments made in the Finance Bill, 2013 to the Income-tax Law is expected to have a deep impact on real estate sector in the 2013-14 fiscal. The amendments relate to taxing the notional income in the real estate transactions as against the real income of the real estate developers as well [...] Continue Reading »
Mumbai, Gurgaon and Bangalore have been witnessing steady appreciation in property prices for over four years now. The property prices in Mumbai went up by an average 66 per cent, whereas Gurgaon saw an average rise of 52 per cent closely followed by Bangalore with an average of 46 per cent. Experts believe that the [...] Continue Reading »
Equated Monthly Installment or EMI can be defined as a fixed payment amount levied by a lender from a borrower at a specified date of each calendar month. According to the loan, the monthly installments are calculated to pay off both interest and principal each month, so that over a specified time period, the loan [...] Continue Reading »
Bangalore is coming up with high rises, the concept is new and developers want to cash in on vertical living concept. Home buyers who have been used to apartment complexes of ground plus seven floors or ground plus 15 floors, can now look forward to apartments towering 40-storeys high. But still Bangalore is far cry [...] Continue Reading »
The Delhi Government plans to develop public utility services on unused plots of 1,000 sq. yards or above which are vacant in unauthorised colonies; in a bid to protect them from land sharks. The Delhi Urban Development ministry commenting on this move said that although there is no land vacant in over 700 colonies; there [...] Continue Reading »
Wave Infratech sets its hopes high for their super ultra-luxurious commercial project in Sector 18, Noida. With a total built up area of around 10, 00,000 sq. ft.; this iconic landmark building will boast of 37 floors consisting of an Ultra-luxury Hotel, Commercial space, Retail space, Multiplex and many more. Christened ‘Wave One’ the project [...] Continue Reading »
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »
