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New norms flowing in property transactions

New norms flowing in property transactions
Is your property deeded in your name along with your wife’s? If yes, here you have an exciting news, you can enjoy full exemption from long-term capital gain tax while selling your property. Delhi High Court discussed with the government to declare the same. Also High Court has implementing the same plan on the new [...] Continue Reading »

Property in Mumbai commanded Rs 38,000 per square foot

Property in Mumbai commanded Rs 38,000 per square foot
There seems to be no barrier to the raising property rates in Mumbai city. Its unbelievable that a property measuring 1,700 square feet in Prabhadevi (Mumbai) was sold for Rs 6.5 crores. Now this area, Central Mumbai has become a prime residential location only because it is accessible from other areas. Also this area has [...] Continue Reading »

HSBC launches fixed home loan rates

HSBC launches fixed home loan rates
Fixed loan rates has been launched against property and home loans by country’s second largest foreign lender HSBC India. The uniqueness of the loan scheme is that, a loan borrower can make pre-payments even during fixed rate period. The applicable loan rate begins from 11.25 percent for one-year loan tenors and upto 11.75 percent for [...] Continue Reading »

CMDA ahead sealing illegal buildings

CMDA ahead sealing illegal buildings
Chennai Metropolitan Development Authority (CMDA) were busy sealing and demolishing the buildings in Chennai city. Multi-level commercial buildings at Parry’s corner and residential buildings in Tiruvanmiyur were also listed in the demolition and sealing drive. The monitoring committee’s instruction lead CMDA to act against illegal property in the city. A four-story commercial building on Armenian [...] Continue Reading »

New set of loan schemes by Aadhar Housing

New set of loan schemes by Aadhar Housing
Aadhar Housing Finance though giving a late entry into cities like Kolkata and Bhubaneswar,  has plans of releasing new loan schemes. Rs 10 crore will be released under various loan categories by the end of March 2012. Aadhar loan categories include loan against property, house construction, lease-rental finance and also on government plot mortgage schemes. [...] Continue Reading »

Land rates in Hyderabad now available much cheaper

Land rates in Hyderabad now available much cheaper
Are you planning to buy a property in the outskirts of Hyderabad? Go ahead and buy one at the earliest. The lands at the outskirts of the city are now available for unbelievably cheaper rates. Land owners in areas like; Maheshwaram, Chevella and Moinabad have now slashed the rates by over 70 percent to attract [...] Continue Reading »

Only 2.5 percent of City area is open for Public Space in Mumbai

Only 2.5 percent of City area is open for Public Space in Mumbai
In Mumbai hardly 14 square kilometer that is 2.5 percent of the city area is let out for the public and midst total area space of 480 square kilometer. This includes the public parks, parking spaces and also recreation grounds for a number of 14 million people. However in the scenario is entirely different in [...] Continue Reading »

Festival season bonanza for Property Buyers

Festival season bonanza for Property Buyers
Here is a happy time go for the property buyers in India, the builders are availing discounts this festive season. Even the builders are convinced that the rise in inflation and also high rate of interest are burdening the home buyers in India, though the property buyers might have good amount for the loan down [...] Continue Reading »

Real estate in Kochi

Real estate in Kochi
Kochi known as the Queen of the Arabian Sea located in God’s own Country, Kerala is situated in South India. This place is known for its scenic beauty, serene atmosphere and an urban civilization with the background of nature’s finest land. This city port is a place to unwind, relax, and escape the mundane and hectic [...] Continue Reading »

Notice not Required for Possession of Disputed Land

Notice not Required for Possession of Disputed Land
Tata Motors Limited (TML) had taken on lease 600 acres of land of Singur acquired for the Nano car project, but shifted to Sanand in Gujarat in October 2008. Calcutta High Court on Thursday told that the establishment need not give notice for taking possession of the disputed land. Counsel for the state Saktinath Mukherjee [...] Continue Reading »



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