Land price
If you are thinking about buying a couple of apartments after selling your dilapidated ancestral home, then be prepared to shell out a hefty sum in capital gains tax. The new Budget has capped tax breaks available to such property buyers. This has been done through a seemingly innocuous tweak in the language of Sections [...] Continue Reading »
India Inc is unhappy with the Land Acquisition Rehabilitation and Resettlement Bill 2011 cleared by the Group of Ministers (GoM) fearing that projects costs may soar due to high land price, and cumbersome acquisition procedures. Rajeev Talwar, executive director of DLF said the Bill could affect business badly adding that projects costs will soar if [...] Continue Reading »
With the investment of Rs 500 crore the real estate company Assotech and private equity firm Sun-Apollo recently announced the development of a housing project at ,Dwarka Expressway Gurgaon. The Assotech experts say that they are entering into Gurgaon real estate by launching a 12-acre housing project in partnership with Sun-Apollo. The project is named ‘Assotech [...] Continue Reading »
It has been a bumpy ride for the real estate in Kolkata this year. The realty 2011 did not reach the expectations of the investors and developers instead a major drop down was witnessed. This realty scenario has dropped down the investor’s level of confidence. However, the investors and developers are now looking forward for [...] Continue Reading »
