Properties in India
Vinisha Khiara and her husband Gautam, hoteliers in the UAE, already own an apartment in their hometown Mumbai and are keen to invest in properties in India that would fetch them handsome return on investment (RoI) five years from now. The enterprising couple, after some good research and bargaining, recently picked up three apartments in [...] Continue Reading »
In the middle of rise in property prices, high rates in house loans and the upsurge in delivery defaults the home buyers have increasingly started to opt for ready to move properties just to be sure about the safety in their investments. However most of the delays arise due to the adverse market conditions which [...] Continue Reading »
The Indian real estate market is always attractive to Non resident Indians. This is because it is one of the safest investments as it gives better returns over time. Many NRIs own multiple properties in India and among them some properties are inherited. Real estate also has certain tax challenges like other investments. According to [...] Continue Reading »
The government is likely to come up with a Real estate Bill, which is pending in the parliament since 2009. The sector is in urgent need of this bill as the industry is known for foul business and less transparency are practiced widely. The real estate sector contributes five to six percent of the country’s [...] Continue Reading »
Indiabulls Real Estate Ltd has signed an agreement with Doha Bank to offer exclusive deals to its NRI customers on properties in India. It includes complimentary home loan eligibility checks, exclusive promotion for Doha Bank Indian customers and special offers on Indiabulls properties. It will provide mortgage loans to NRIs for acquiring properties in India. [...] Continue Reading »
In the coming financial year (FY), retail sector is going to see a revived activity. Provided the actual economic developments and also the latest Union budget proposals, an economic revival is usually estimated from the second half of 2013, which in turn will increase the growth of real estate sector as well. Together with a [...] Continue Reading »
Private equity (PE) investments in real estate are showing an uptrend in recent times despite the slump in real estate in India. As per Real Estate Investment Market Report by consultant Cushman and Wakefield, the trend in investments has rose to 7 percent in 2012 resulting in Rs 6,200 crore. Most of the investments were made in ready income generating [...] Continue Reading »
Buyers Alert! Home buyers in India will have to think twice before buying luxury homes with price tags of over Rs 50 lakh. The home buyers who have already booked under construction apartments that cost over Rs 50 lakh will have to pay one percent tax deducted at source (TDS) and this tax burden is [...] Continue Reading »
New Delhi- Real estate prices in Delhi are highest in the world, especially for the structures built a century ago during the British rule. Despite the fact that the bungalows seem to be fading away with chipping paint, moldy areas, water-stained ceilings and walls, along with lack of modern amenities, these are being sold at [...] Continue Reading »
A report by Knight Frank Research has found that Technical Group on the Estimation of Housing Shortage has claimed that India has shortage in fresh supply of properties and the number has gone up to 18.78 million in 2012. The slum population is approximated at 94.98 million in 2012 which is more as against mere 1.6 million [...] Continue Reading »
