Land rates
The UP Housing and Development Board increases rates of its properties annually depending on the demand and supply gap in different areas. The board is decided to increase property rates depending on the type and the location of the property. The board decides to increase 16 percent of properties rates in different districts of UP. [...] Continue Reading »
Delhi-NCR: The land along the road from Delhi to Kundli Border on National Highway 1 has increased by more than double over a year. The present rate per acre is Rs 1.70-1.90 crore while it was available at Rs 70-80 lakh in the same period last year. The road towards Karnal, which is a distant [...] Continue Reading »
Land rates in Bihar continues to soar. However, the volume of revenue collected by the registration department from sale of land and apartments has registered a 50 per cent growth compared to corresponding period last year. According to the statistics of the registration department, the state has earned Rs. 653.51 crore as revenue from the [...] Continue Reading »
Being hit by increased land rates, lack of funds and high interest rates, the real estate sector of India has again been demanding for industry status. Despite the fact that 10 per cent GDP is contributed by realty sector which is the second largest employment provider of the nation, the central government is not giving [...] Continue Reading »
Ghaziabad real estate has plummeted by more than 10 per cent, as an outcome of the economic slowdown. Builders and developers are unable to reduce the ever increasing input costs which further lead to a hike in equated monthly installments (EMIs). Along with rising input costs and EMIs, other factors such as rising interest rates, higher land [...] Continue Reading »
Bangalore, though has a very good expanded transportation system timings and facilities are improper, however inconvenience prevalence is for sure! With the commence of Bangalore Metro services the city got its glory and an add on crown back into the pace! Even though metro network is open at couple of localities, the commuters are enjoying [...] Continue Reading »
The land rates in Mumbai has witnessed a sharp downfall! The significant price fall in flat and apartment rates has therefore resulted in the decline of land rates in the city. Real estate experts say that the flats in Mumbai are sold for moderate rates when compared to previous year! This has been considered as [...] Continue Reading »
Apartment rates in the Vijayawada have dropped down completely. The raise in land rates have resulted in the realty sales drop down completely. According to the recent survey, around 2000 apartments is remaining unsold in the city outskirts also. Due to this apartment sale fall, the construction activities have been stopped completely. This has resulted [...] Continue Reading »
Are you planning to buy a property in the outskirts of Hyderabad? Go ahead and buy one at the earliest. The lands at the outskirts of the city are now available for unbelievably cheaper rates. Land owners in areas like; Maheshwaram, Chevella and Moinabad have now slashed the rates by over 70 percent to attract [...] Continue Reading »
The service tax department in Mumbai traced that builders in the city had collected nearly Rs.50 crores as service tax but never seemed to have paid the same to the government. In concern with this trace, recently the service tax department collected Rs.20 crore from several builders in the city. These builders also promised to pay [...] Continue Reading »
