Rental rates
Delhi-NCR: Rental rates of properties in Delhi and NCR have increased by 20 percent in the last two quarters. A DDA flat offered at Rs 18,000 in Mayur Vihar, East Delhi around six months ago is not available now for less than Rs 20,000. The rates have increased in all areas of the nation’s capital. [...] Continue Reading »
The Thane Municipal Corporation (TMC) is all set to reform property tax structure. Determined to go ahead with its plans to assess property tax based on capital value of structures, the civic body is likely to vie for reforms in the tax structure. TMC’s legal department will file a signed affidavit that is to be [...] Continue Reading »
Real estate in India has become a trend of non-performing asset classes. Real estate has outperformed equities, currency and bonds by a wide margin. It is noticed that the factors that go into driving real estate prices are definitely negative and will continue to remain negative going forward. The factors include lending rates and terms, [...] Continue Reading »
A.S. Rao Nagar is emerging as costliest rental localities in Hyderabad. The place has witnessed the steepest hike of 26.7% in monthly rentals that rose to Rs 95 per sqft. Punjagutta area of Hyderabad is another hotspot destination for the residents. The rental rates has increased upto Rs 120 per sq ft with a 20 [...] Continue Reading »
Greens are no more in Mumbai, all one can find are huge buildings, prolonged traffic and breath holding pollution. Mumbai today ranks last midst eight cities for disappearing greens. However, the city holds good for its highest property and rental rates. Also IMRB Survey revealed that the city is also losing its open spaces and [...] Continue Reading »
