Real estate experts
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious. Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given [...] Continue Reading »
Housing Development and Infrastructure Limited (HDIL), a leading developer recently sold a 15.5-acre at a loss of around Rs. 42 crores. This plot was bought from B M Khaitan group for Rs 115 crore and was sold with a deal of Rs. 29 crore less than purchased amount. This land dealing has surprised all the [...] Continue Reading »
The government in Mumbai is all set ready to introduce a draft of Real Estate Regulation and Development Bill of the year 2011. The reason behind government postponing the release of this draft is that, the draft will now be introduced and comments will be taken as a feedback and duly amendments will be made [...] Continue Reading »
Real estate prices boomed in the recent times and the property buyers are nowhere interested to purchase one at this point of time. These reasons have left nearly 32000 flats in Mumbai city unsold. Its a fact that the fluctuating real estate rates are scaring the property buyers in the city. Also the real estate [...] Continue Reading »
Purchasing a second home is hundred times better idea than investing on a new property says real estate experts. This is said to work better when it is in consideration of urban family. The main agenda behind this is that, the property tax will be less compared to the newly built house. Its definitely a [...] Continue Reading »
