Residential real estate
With release of Union Budget 2013, the Finance Minister has proposed to offer deduction in tax on home loans to first time home buyers. This initiative has brought some cheer for the home buyers as there was no significant tax reliefs in the past. One can claim the deduction at tax only if your loan amount is [...] Continue Reading »
Pashmina Builders has launched another residential project in Old Madras Road. The project named ‘Brookwoods’ is designed by architect Hafeez Contractor. The project offers well planned 1 BHK apartments with spacious balcony. The price of the apartment ranges from Rs 13.9 lakh to Rs 14.55 lakh. It is expected to get completed by end of [...] Continue Reading »
Now even the people living in the outskirts of Bangalore have to pay equal property tax. The BBMP council approved the reorganization of six tax zones for tax collection. After the state government approves the BBMP’s proposal, the process of re-classification will begin. People living in the outskirts of the city which falls in c, [...] Continue Reading »
With the Union Budget to be presented in a week, Builders’s Association of India (BAI) expects a hike in exemption limit on the interest in home loan. At present, the exemption is set at Rs 1.5 lakh which the builders want to be set at Rs 3 lakh. The builders demand the Finance Minister to [...] Continue Reading »
Celebrity Housing has launched its new affordable project ‘Celebrity Square’ at Attibele-Sarjapur Main Road. The project is well connected to the rest of the city areas. Celebrity Square offers 2 and 3 BHK affordable homes with built up area ranging from 800 sq. ft. to 1100 sq. ft. The price of the apartments falls in [...] Continue Reading »
Bruhat Bengaluru Mahanagara Palike (BBMP) is in dilemma over the implementation of its proposal to raise the property tax by 15%. In the BBMP council meeting, commissioner Siddaiah has proposed a hike in property tax, but the minister in charge, Ashoka has opposed the property tax hike proposal fearing the backlash of voters in the [...] Continue Reading »
Asset Placid, an affordable residential project by Asset Builders, offers 2 and 3BHK apartments strategically located in a tranquil environment. The project is approved by BMRDA and it is ready to occupy. Asset Placid offers aesthetically designed homes, carefully planned for value of your money with wonderful prospect of balancing one’s home and work. The [...] Continue Reading »
Century Central is a newly launched residential project by Century Real Estates, which is located at Kanakapura Road and is near many corporate hubs. It offers 2 and 3 BHK residential apartments with high quality and durable finishing. The built up area ranges from 1392 sq. ft to 1932 sq. ft. The price of the apartments ranges [...] Continue Reading »
Reserve Bank of India (RBI) is set to cut the CRR as well as repo rates and bank lending rates to increase liquidity in the system. With this initiative, developers in Mumbai are hoping that with the coming Union Budget 2013, it will improve investment volumes and general growth across real estate sector in Mumbai. Some of [...] Continue Reading »
The real estate sector in Mangalore and surrounding areas are booming with the builders announcing more projects, causing a rapid urbanization. In the past few weeks, three projects were launched near Gandhi Park. According to a real estate expert, the growth of the real estate in Mangalore is because of the entry of reputed developers such [...] Continue Reading »
