Real estate brokers
According to a new report by Dubai Land Department (DLD), out of a total 2,238 in the Gulf emirate, around 676 real estate brokers from India and Pakistan are operating in Dubai. The UAE nationals made up the largest percentage of the city’s property brokers. As per the report, for every five men there is [...] Continue Reading »
In order to protect the consumers from getting hurt, the UP government is planning to come up with a new law that will tighten the noose around fraudulent real estate agents. It is said that under the new law, dealers are required to register themselves with a local government body and obtain a license for [...] Continue Reading »
Following the recent fall in gold prices, many real estate brokers or agents are attracting customers by offering 10 gm gold coin and other freebies related to gold on every booking. Many tempting messages are hitting inbox of users every day. The decline in gold price after such a long time has provoked agents to [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has softened norms to allow realty firms and brokers to apply for banking licenses. The RBI final guidelines are likely to be announced by February end. According to sources, these guidelines seem to strand reservations for realty firms and brokers. RBI had released draft guidelines in August 2011, [...] Continue Reading »
Now, real estate brokers and agents may be allowed to apply for bank licenses. In a recent proposal, the Reserve Bank of India (RBI) may set aside reservations on real estate firms and brokerages and allow them to obtain license. The proposal will be formalised in the central bank’s final guidelines but there is no certainty yet [...] Continue Reading »
Rupees 38 crore unaccounted money has been seized by the income tax department during raids at the residential and office premises of real estate developers in Surat. According to sources, two real estate groups had disclosed unaccounted income worth Rs 27 crore and another leading realtor has disclosed Rs 11 crore. The search and seizure [...] Continue Reading »
Residential property sales across Bangalore have dropped up to 40 per cent in April-June quarter as compared to the peak of Q4 2012. The city’s realty markets, where real estate sales are largely driven by IT clientele (60-65 per cent), have been going through a sluggish period. According to Karvy Institutional Research, a brokerage firm, [...] Continue Reading »
If you are planning to hunt for a house during this March and April there is tough time ahead for you! Right from packing and moving the house old things to adjusting in a new location all causes nothing but inconvenience. In general getting a house for rent which suits all your needs is a [...] Continue Reading »
Knowing that there are rare chances of land prices going down, people are busing finding land in the outskirts of the cities. Similar is the scenario in Chitradurga! Wherein the farmers are being consulted for the sale of their lands. Also, one of the farmer from Challakere taluk say that his land is being visited [...] Continue Reading »
