luxurious apartments in India
DLF builder has planned to focus on building luxury homes and continue selling non-core assets to reduce debt. DLF, which saw a 37 percent erosion in its share price in 2011, is struggling to meet a target of selling non-core assets worth 60-70 billion rupees by 2012-13 to pare its debt. Since 2007-08, DLF’s interest [...] Continue Reading »
Many high valued properties in India are avoiding the payment of stamp duty as the buyers are acquiring the shares of the construction company, which owns the property. In the process the buyers are not transferring the ownership of the property in their name by paying stamp duty. Thus the seller avoids the payment of [...] Continue Reading »
Recently a four BHK flat was sold at a price of Rs 29 crore at an exclusive complex of 175 apartments and 10 bungalows at Cuffe Parade. People are opting for ultra-premium apartments in Mumbai because of the exclusive services that comes with the deals. While the affordable and mid-range segments of residential space are [...] Continue Reading »
Mumbai based real estate builder Sunteck Realty plans to invest about Rs.5400 crore by 2020. They also planned to construct 18 million sq ft of real estate property. Sunteck Realty currently constructing 27 projects across the country. According to Sunteck, there is lot of demand for luxurious apartments. Sunteck Realty will complete five residential and [...] Continue Reading »
