Market rates
A 20-30 per cent hike in circle rates across various categories of properties may be witnessed by the capital over the next fortnight. The hike may be steeper for the upscale colonies in categories like A and B. This effort is been taken to rationalize registration in view of market rates , to tame the black [...] Continue Reading »
Developers in Punjab has opposed the state government’s move to levy social infrastructure cess on property transactions. Confederation of Real Estate Developers’ Associations of India (CREDAI), Chairman, Anil Chopra stated that it would hit demand in the real estate sector which is already undergoing slowdown. Poor demand in real estate sector can be gauged from [...] Continue Reading »
A new set of building rules has been approved by the state government bringing in sense of worries for the small-time builders in Mumbai. It has been learnt that these builders big time sold flower beds, common lobbies, terraces and voids at market rates for flats construction. Around maximum of the builders in Bandra-Khar-Juhu are [...] Continue Reading »
Real estate market has been witnessing a continuous ambiguity First, investors invested in properties leaving no affordable properties for buyers. Now, those nervous investors are selling off the properties below market rates and destroying developers’ sale market. Both buyers and investors are in a puzzled state. In this total confused market, look for properties which are [...] Continue Reading »
The Commonwealth Games flats will soon be allotted to state and central government departments. The Delhi Development Authority with the approval of urban development ministry will be heading this project. In total there are 1168 flats at Commonwealth Games village (CWG) in which around 711 belongs to Delhi Development Authority (DDA). The DDA flats are [...] Continue Reading »
There would not be an element of surprise if there is any hike in property prices in future. Come New Year and there might be an upward trend in property prices due to stamp duty! Mumbai Revenue Minister stated that there might be a rise in ready reckoner rates by 20-30% which in result will [...] Continue Reading »
India’s largest housing finance company HDFC has outcome with 20% rise in profits for the year 2011 and also the profits gained were higher which even crossed the market expectations and reason behind this act was the stake revenue coming at the earliest from HDFC. Mayur Shetty, Keki Mistry the vice chairman and CEO of [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) is a public listed real estate company in India with shares traded on the BSE & NSE Stock Exchanges. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate and has rehabilitated around 30,000 families in last one decade. HDIL aims to [...] Continue Reading »
