Properties in India
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »
Despite the downfall in affordability, the Indian home loan market is expected to grow by 17-19 percent in the current fiscal year, according to credit rating agency IRCA. Lower home loan rates, attractive schemes, etc. fuel the home loan market growth in 2012-2013, said IRCA. Because of the high cost of properties in India, tough operating [...] Continue Reading »
Bangalore is witnessing the launching of two new projects byEzzy Group – the Tuscany style-inspired Corinth on Hennur Road comprising 25 boutique row villas; and The Avenue, a collection of boutique residences in Whitefield. This is the first projects of the group and the villas are of European or Dubai style. A big event was [...] Continue Reading »
ICICI Bank has planned a particular kind of home loan to cater to the needs of Non-Resident Indians (NRIs) who plan to buy properties in India. ICICI Home Loan to NRI offers an extensive range of products considered to facilitate NRIs to buy or build their long dream home in homeland. The bank has specific [...] Continue Reading »
The dipping rupee value in the past few months has brought a lot of cheer to Non Resident Indians. The Indian real estate market has now turned sluggish and the depreciating rupee adds more power to NRIs dollars and leads them to acquire properties at cheaper rate. Anuj Puri, chairman & country head, Jones Lang [...] Continue Reading »
The luxury hospitality player Hotel Leela venture has planned to open five new properties over the next five years. Currently, the hotel chain operates seven properties, out of which five those in Mumbai, Bangalore, Goa, Udaipur and New Delhi are owned by it, while the recently launched Gurgaon property and Leela Kovalamm, one of its [...] Continue Reading »
This is a time when most of the apartments in India are coming up for accommodating small families. And now a days people also prefer to buy a small apartment and flat rather than big houses. Now to make proper use of the available space of any apartment, residents need to think out of the [...] Continue Reading »
It is reported that the three cities of Hyderabad, Bangalore and Chennai together account for nearly 45 per cent of office space in India. It is found that the real estate development in southern part of India has set new milestones as commercial advantage of Bangalore, infrastructural progress of Hyderabad, industrial and residential highlights of [...] Continue Reading »
People living in apartments in metro cities now prefer to stay in a home with little greenery around. To honor the choice of the residents many new Age developers like Ireo, Tata Housing, Lodha Group, Puri Constructions, Sobha Developers, Ashiana Housing, DB Realty, and 3C Company are now laying special emphasis on spacious and lush [...] Continue Reading »
People often sell their house for several issues. They might be inadequacy of space, increase in cost of the plot and securing a handsome price in case of sale of the old house, or they are tied up with builders to build multi storey apartments on their plots and giving them possession of one floor [...] Continue Reading »
