Properties in India
According to analysts, the demand for residential properties in India will remain stagnant for some more time. After the reduction of the Repo rate by the RBI, the real estate sector hoped for some better scenario. Bu,t it is observed that the rise in demand is not happening as per the expectation. That is why [...] 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 »
The Central finance minister has announced the removal of one per cent tax deducted at source (TDS) on any transaction of immovable property in India. All the developer’s associations in India has welcomed the decision as it will reduce the tax burden from the buyers of properties in India. Earlier in Budget proposal, the finance [...] Continue Reading »
Sobha Developers has recorded R94 crore as its net consolidated profit for the quarter ended March 31, 2012. This profit is more than double than the profit made in the year 2011. Sobha developers has earned 64 percent of its revenue from the real estate projects across India. They have also earned Rs 130 crore [...] Continue Reading »
Godrej Properties has planned to launch 15 new real estate projects across India. The builder will launch all the projects in 2012-13. According to an official of Godrej properties, all these projects will be launched in 12 cities where they have worked earlier. Among the 15 projects, 10 will be constructed in a joint development [...] Continue Reading »
The prices of properties across India is increasing. Mumbai, Chennai, Delhi and other metros in India has set a record for high real estate prices. However, when compared to a decade old real estate scenario, properties in India have become much affordable today. According to real estate experts the monthly rentals in Mumbai ranges between [...] Continue Reading »
The age of bricks and mortar are over. Now the real estate builders are opting for alternate products and materials for the construction of properties in India. In place of traditional bricks, the builders are now using aerated blocks, which are said to be more durable and lightweight. These blocks are also moisture resistant. UPVC [...] Continue Reading »
Now, it’s time for the suburb areas to shine high provided with best of best variety in concern with properties in India. To prove the same, Badlapur is one such suburb area under Mumbai Metropolitan Region (MMR) is growing in a rapid pace. The Badlapur is about 15 kms away from Kalyan in Mumbai city [...] Continue Reading »
The recent earthquake in India left the citizens panicked! As, the earthquake magnitude was not high there was no major damage observed for properties in India. However, a day after the tremor was felt many Indian cities having coastal borders were warned of tsunamis. The tsunami of 2004 which brought major damage to lives and [...] Continue Reading »
The sale of houses and apartments in India is proving a major decline! The home loan rates and rates of properties are also increasing with the days progressing. Properties in India is no more n demand! This present real estate scenario is alarming whole India. The real estate experts have proved major decline of properties [...] Continue Reading »
