Property Buyers
What once used to be a mid-level market full of estates, green stretches of land, fields and farms, East Bengaluru has grown from a stretch of land with 33 wards into a phenomenally developed IT area in its own right, thanks to giants like Wipro and Accenture who have offices there. There have been huge [...] Continue Reading »
Poor real estate sales in the residential sector have made significant impact on home loan disbursements, revenues and balance sheets of banks etc. Most buyers reluctant of making immediate purchases are now being lured into the market by being offered lucrative financing schemes by Banks. The residential property sector of the real estate market suffered [...] 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 Centre is planning to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (Rera). In the past few years there have been many incidents where property buyers have got duped by agents and brokers and have lost huge sums of money and in many cases [...] Continue Reading »
Some of the new amendments made in the Finance Bill, 2013 to the Income-tax Law is expected to have a deep impact on real estate sector in the 2013-14 fiscal. The amendments relate to taxing the notional income in the real estate transactions as against the real income of the real estate developers as well [...] 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 »
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 »
Property buyers will have many reasons now to cheer. The Real Estate (Regulation and Development) Bill is in its planning stage and Parliament is likely to discuss the same in its coming budget session. As per real estate experts, a strong law will be put forward to stop unethical and unscrupulous practices in the real [...] Continue Reading »
Ghaziabad- Despite several developing places in Delhi-NCR that offer residential units in the affordable segment, Raj Nagar Extension (RNE) has been emerging as the most favourite destination of property buyers. Besides issues like increasing property rates, very few projects remain up to the mark of timely delivery, quality of construction and more. But Raj Nagar [...] Continue Reading »
Raipur- The number of women property owners has been rising in Chhattisgarh as an outcome of the special privilege given by the state government. In a measure to empower women in the state, the Chhattisgarh government had announced that one percent stamp duty will be exempted for land or property registrations done in the name [...] Continue Reading »
