Real-estate market
Real estate has been the most visible source for black money as it has never been regulated in India. This is also a hot topic in the India Parliament which opened on November 29, 2012. Other than real estate, black money also involves owners and investors. Black money is present in every step of a real estate project, [...] Continue Reading »
Bangalore- Buyers promoting green living seems to have influenced the real estate market of Bangalore. Standard facilities like indoor/outdoor games, club houses, swimming pools, etc are no more luring prospective buyers. Consequently this trend has aimed towards increasing demand for townships in Bangalore with more greenery and open spaces. Manjunath, the MD of Soukyam, said [...] Continue Reading »
Jumeirah Group, a Dubai based hospitality company signed a deal for luxury hotel at Lower Parel in central Mumbai. Jumeirah is the operator of Dubai’s seven-star hotel Burj Al Arab. The hotel in Mumbai will be operational by 2017 and will offer 470 luxurious rooms, service apartments and suites, as well as wide variety of [...] Continue Reading »
Mumbai real estate price is always high but price at Mira Bhayandar is beyond expectation. There was an increase between 15-20 percent in the capital and rental value in this area in the last six months. Both the real estate market and rental market are performing well. The rental value for 1bhk ranges from Rs [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
Chennai- Chennai real estate market has been exhibiting positive signs of growth, especially in the suburban areas, owing to the fast development of sectors including IT, financial services, telecom and other allied services, which are the key economic drivers of the city. A 20-25 percent rise is observed in the number of queries over residential [...] Continue Reading »
Bangalore- Bangalore’s emerging real estate areas, Hebbal and K R Puram, have been listed in the top ten Indian realty destinations in a Knight Frank’s report. In the next five years, the two areas would witness an average price appreciation of 94% and 91% respectively, states an investment advisory and research report put out by [...] Continue Reading »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »
The flat owners association and civil society organisations accused the builders’ lobby for inducing confusion among flat owners about payment of value added tax (VAT), through social advertisements. Confederation of Real Estate Developers’ Associations of India (CREDAI) has published advertisement about collection of VAT. As soon as the advertisement was out, the local builders sent [...] Continue Reading »
