Investors
Recently a wetland at Pirtala in Kolkata Municipal Corporation (KMC) area has been filled up in broad daylight and been allocated into plots by land sharks and are being sold at Rs 3.25 lakh per cottah. Located in Chowbaga, the 52-bigha waterbody was filled with marsh around. In the summer, the water dried up, leaving [...] Continue Reading »
Owing to its strategic location and major developments being carried on at a fast pace, Moshi, a locality in Pimpri-Chinchwad Township, has been luring the real estate developers and investors. Moshi’s proximity to the Chakan industrial area, which is home to national and international automobile companies like Volkswagen, Mercedes Benz and Mahindra & Mahindra, attracts [...] Continue Reading »
The Securities and Exchange Board of India (Sebi), has banned Jaipur-based NGHI Developers from collecting money from investors and accessing the capital market. It passed orders saying that NGHI Developers India Ltd. shall immediately stop collecting money, directly or indirectly, from investors under the plans or schemes offered by it. It even opposed future launch [...] Continue Reading »
Wealthy investors are buying key commercial lands and renting it out to earn a fixed rate of interest. There is constant demand for such prime business spaces and builders get high income by renting them out. Wealth managers are of the opinion that rich investors are booking important business spaces or buying out pre-leased commercial [...] Continue Reading »
A warning notice has been issued to all developers who have been carrying out illegal construction activities by the Noida, Greater Noida and Yamuna Expressway authorities. The public notice states that the lease of project will be cancelled and the authority will immediately demolish the structure in case of any violation of rules. Many developers in [...] Continue Reading »
The Bombay Stock Exchange (BSE) rose 1 per cent on Tuesday, a bounce back from heavy losses in the previous session, as hopes that the government would increase diesel prices as the first step to improve its finances. Major reasons behind the huge dump in shares that sent the rupee to a record low in [...] Continue Reading »
Raising capitals for investing in new projects is the major concern to real estate builders. Following conventional methods of fund raising is no more a good idea. Therefore fund managers have started looking for and implementing better ways of fund-raising techniques which would offer flexible terms to investors and a choice of projects to invest [...] Continue Reading »
Most of the projects in Gurgaon became a concern for the home buyers and the investors. When analysts calculate the appreciation values of the projects, construction delay works as a negative pulse on the return on interest. The normal appreciation value of real estate properties are in a range of 25-30%. After adding the delay [...] Continue Reading »
The real estate prices continues to be sky rocketing! Maximum of the population prefer renting an apartment rather than purchasing one. According to a recent realty research by Kotak the sale of residential and commercial properties have shown sharp decline. In Mumbai, property registration fell down by 11 percent revealed by a Prabhudas Lilladher report. [...] Continue Reading »
After it is reported that the state government of Maharashtra might increase the stamp duty for the residential and commercial properties, the share price for the real estate companies fall. Analyst says that the planning to increase the stamp duty will impact on the sentiment of investors a well as a negative impact will happen [...] Continue Reading »
